Crooked Bough News Round-up

— DHS Lawyer Says Minnesota Judges Coordinated To Block Immigration Enforcement

 

at 9/21/26 6:05pm

DHS Lawyer Says Minnesota Judges Coordinated To Block Immigration Enforcement Authored by Matthew Vadum via The Epoch Times, The Department of Homeland Security's (DHS) top lawyer accused a federal judge of working with other judges to block immigration law enforcement after the jurist said that the Trump administration's Minnesota enforcement surge created "a grave threat to the rule of law." Federal law enforcement agents stand in line to keep anti-ICE protesters away from the entrance to the Bishop Whipple Federal Building in Minneapolis on Jan. 15, 2026. Octavio Jones/AFP via Getty ImagesThe accusations followed a New York Times article published on Sept. 17 featuring a joint interview with seven Minnesota judges. It is unusual for federal judges to sit for wide-ranging media interviews dealing with their rulings and what impact they have had. The high-profile enforcement surge in the Twin Cities ran from December 2025 to the middle of February 2026. On Jan. 28, U.S. District Judge Patrick Schiltz issued an order saying Immigration and Customs Enforcement (ICE) had failed to comply with nearly a hundred court orders. Schiltz, who was confirmed by the U.S. Senate in 2006 after being nominated by President George W. Bush, previously clerked for conservative Supreme Court Justice Antonin Scalia. "ICE is not a law unto itself," the judge said in a written order. "ICE has every right to challenge the orders of this Court, but, like any litigant, ICE must follow those orders unless and until they are overturned or vacated." During the surge, DHS moved detainees out of Minnesota almost as quickly as attorneys could get into court. DHS General Counsel James Percival said Minnesota judges sat ready to issue emergency orders to keep those cases from leaving the judicial district. Schiltz said the court was responding to the government's failure to obey its orders. Judge Nancy Brasel said judges "are allowed to speak out about judicial independence" and "should, in order to keep it." Judge Eric Tostrud said Schiltz was "the perfect person to lead us" during the surge, calling him "independent, brilliant, courageous. And not faint of heart." Judge John Tunheim said the government "wasn't arresting, in my view, people who were dangerous criminals on the street." Percival said on X on Sept. 17 that Schiltz's comments that appeared that day in The New York Times show "profound bias against DHS and the current [administration] and he admits to extreme misconduct." Percival said that Schiltz admitted to "essentially conspiring with his judicial colleagues to thwart DHS's immigration enforcement in Minnesota." Percival said the next day on X that the article described "judges sitting by their phones ready to issue [temporary restraining orders] ASAP," during the surge even though "there was no emergency." The restraining orders were issued "to prevent judges from outside [Minnesota] from hearing the cases," he said. The judge said in the interview that his Jan. 28 order was prompted by concern that the federal government's failure to obey court orders had clogged court dockets, exacerbated tensions in the protest-riven metropolis, and jeopardized the constitutional order. He said he believed most of the noncompliance arose from incompetence and understaffing, rather than conscious decisions to defy the court. Several federal district judges, appointed by presidents from both parties, also spoke with the newspaper. The Epoch Times reached out for comment to the U.S. Department of Justice. No reply was received by publication time. Jacob Burg contributed to this report. Tyler Durden Mon, 09/21/2026 - 20:05

— Massachusetts School District Investigated Over Alleged Secret 'Gender Transition'

 

at 9/21/26 5:15pm

Massachusetts School District Investigated Over Alleged Secret 'Gender Transition' Authored by Naveen Athrappully via The Epoch Times, The Department of Education has announced that it is investigating a Massachusetts school district over allegedly enabling a minor girl student's "gender transition" without the knowledge of parents or securing their consent. The probe was launched by the department's Student Privacy Policy Office (SPPO) against the Public Schools of Northborough and Southborough school district, the department said in a Sept. 17 statement. The girl was enrolled at Algonquin Regional High School, where school personnel allegedly facilitated the student's "social transition to a boy" while keeping her parents in the dark. "The parents claim that their daughter participated in counseling sessions after school to support the transition while they were under the impression she was receiving academic assistance for her math class," the department said. The school personnel also allegedly began referring to the child by a male name and using male pronouns without the parents' knowledge. According to the Education Department, a school counselor is accused of reporting the parents to the Massachusetts Department of Children and Families (DCF) for countering the school's actions. In December 2024, DCF removed the child from her family home. The parents are still engaged in custody litigation over their daughter. The Education Department said the allegations raise serious questions about the school district's compliance with federal laws protecting parental rights, specifically the Family Educational Rights and Privacy Act (FERPA) and the Protection of Pupil Rights Amendment (PPRA). FERPA grants parents the right to access their children's education records for inspection and review. Parents also have certain control over the disclosure of personal information from these records. Under PPRA, parents have rights regarding surveys, analyses, or evaluations of their children in certain areas, including sex behavior or attitudes and mental or psychological problems. The law also covers the administration of physical examinations of minors. Parents have the right to review instructional materials used in the educational curriculum. The Education Department said that under FERPA, parents can request changes to their child's education records. If the school rejects the requested changes, parents can seek a hearing on the issue at the institution. According to the department, it is currently unclear whether the school district and the school complied with FERPA and PPRA. The SPPO probe will determine whether these regulations were violated. "Parents have a right to know what is happening with their children at school, particularly when it concerns deeply personal matters involving their health and well-being," Frank Miller, director of SPPO, said in the statement. "These egregious allegations are not an isolated problem. Families deserve answers, and SPPO will thoroughly investigate reports like this and hold any educational institution that violates federal law accountable." The Epoch Times reached out to the Public Schools of Northborough and Southborough and Algonquin Regional High School for comment but did not receive a response by publication time. Another school district from Massachusetts was previously identified by the Education Department as violating parental rights. In that case, the district was found to have asked students to take part in a survey containing sexually explicit questions despite parents having expressly requested that their children be exempted. The survey of students as young as seventh grade included questions regarding sexual encounters, alcohol and drug use, and gender identity, the department said, alleging the school district violated PPRA and parents' rights to shape their children's moral education. Meanwhile, the department announced last month that it had sent letters to schools across the United States, reminding them of educators' obligations under FERPA and PPRA and warning that noncompliance could result in the loss of federal funding. The letters were sent while the 2026-2027 academic year was underway and were prompted by reports of educational institutions withholding crucial information from parents and issuing surveys containing sexually explicit material even after parents had opted their children out of such activities. Miller said that in certain cases, state education departments had pressured school districts to violate FERPA. "The department is committed to putting parents back in the driver's seat. We will fully enforce FERPA and PPRA and ensure parents have the information and authority they need to make decisions for their children," Miller said. Tyler Durden Mon, 09/21/2026 - 19:15

— Saudi Arabia Reroutes Oil Exports As Houthi Strikes Target Yanbu

 

at 9/21/26 4:50pm

Saudi Arabia Reroutes Oil Exports As Houthi Strikes Target Yanbu Satellite images gathered by Bloomberg show supertankers with capacity for 14 million barrels at Saudi Arabia's Gulf export terminals over the weekend, the highest tanker count observed since at least June, according to data compiled from the European Union's Sentinel-2 satellite. Source: Javier BlasHowever, as OilPrice notes, overall Hormuz traffic kept falling over the same weekend, nonetheless. Just a dozen commodity vessels crossed the strait, down from 35 a week earlier, and Thursday's crossings totaled four tankers against a 10-day moving average of 16, Kpler data cited by Reuters showed. Saudi Arabia moved crude through the strait at 2.9 million barrels a day over the past six days, JPMorgan said in a Friday note, calling the kingdom's shift "the most notable pivot" among Gulf producers. On September 11, drone strikes launched from Iraq shut down Saudi Arabia's East-West pipeline, also known as Petroline, which normally carries as much as 7 million barrels a day across 1,200 kilometers from Eastern Province fields to the Yanbu terminal on the Red Sea. The attack took 4-5 million barrels a day of that capacity offline, with total Saudi crude loadings falling from 7.5 million bpd in January and February to about 2.1 million barrels a day by mid-September, a decline of more than 70%. US Energy Secretary Chris Wright said September 15 the pipeline would restart within days, but an industry analyst told Al-Monitor pump stations were destroyed in the strike and full restoration could take six weeks or more. Yemen's Houthi movement claimed cruise missile, ballistic missile and drone strikes on Riyadh and on Aramco facilities at Yanbu overnight September 18-19, and Saudi Arabia confirmed the Houthis targeted civilian infrastructure at the port where the East-West pipeline terminates. The Riyadh missile was intercepted and Saudi authorities reported no casualties or damage from either strike, but the attempt puts Yanbu, the kingdom's primary outlet since the Hormuz freeze, under renewed threat. Aramco pipes crude to its Ras Tanura terminal on the Persian Gulf, ships it on smaller vessels to the Gulf of Oman, and transfers it to larger tankers there, a routing it is using to move about 60 million barrels loaded at Ras Tanura for September and October delivery, mainly to Chinese and South Korean refiners. Gulf exports have rebounded to an average of 1 million to 1.5 million barrels a day, roughly in line with August levels. Tyler Durden Mon, 09/21/2026 - 18:50

— Nvidia CEO Says "Zero Percent" Chance Of AI Making Humans Extinct

 

at 9/21/26 4:25pm

Nvidia CEO Says "Zero Percent" Chance Of AI Making Humans Extinct Authored by Chris Summers via The Epoch Times, Nvidia CEO Jensen Huang has rejected the claims of some artificial intelligence researchers that the technology could wipe out humanity, calling the arguments "doomsday narratives." Huang said in a Sept. 17 interview with CBS News that predictions made by former Anthropic researcher Jacob Coxon and Anthropic's alignment science lead, Evan Hubinger, were not grounded in science. Coxon said in a Sept. 9 post on X that the "people building AI earnestly believe that it could kill us all by the end of the decade." Hubinger said he agreed it could end humanity. "Jacob is correct here - We really do earnestly believe AI could kill all humans! I personally think it is 10% within the next decade," he wrote. Huang told CBS's senior business and technology correspondent Jo Ling Kent on Thursday that 2030 won't be the end of the world. "There is zero percent chance that's going to be the end of the world," he said. "Scaring people is unnecessary. It is irresponsible." U.S. President Donald Trump said in a Sept. 14 post on Truth Social that the United States needed no AI guardrails and that it already had significant criminal and regulatory power over Big Tech companies. "There is a SICK conspiracy going on against AI and Data Centers, and the only one that is happy about it is China," Trump wrote. Nvidia CEO Agrees With Trump Huang said on Thursday that he agreed with the U.S. president's view on legislation and regulation. "Before we come up with new laws and new regulations, let's apply the current laws and current regulations," Huang said. "There are all kinds of laws and regulations. ... You have cybersecurity unauthorized entry, you have damage liabilities, all kinds of liabilities associated with cybersecurity. All kinds of liabilities associated with products. ... My point is apply those first, don't let this doomsday narrative cause someone to relieve them of the laws that currently exist." Huang has been invited to a dinner at the White House on Sept. 24, when Trump will host Chinese leader Xi Jinping. Trump has said AI will be on the agenda during his meeting with Xi. China Huang told CBS that Xi wanted China to benefit from AI. "They want China to prosper, just as we want America to prosper," Huang said. Nvidia manufactures specialized H200 chips that power large language models (LLMs) used by AI agents to synthesize information. Trump said in a Dec. 8 post on Truth Social that he had told Xi the United States would allow exports of Nvidia H200 chips to approved customers in China "under conditions that allow for continued strong National Security." In July 2025, Nvidia restarted exports of H20 graphics processing units (GPUs) to China after U.S. regulators approved it. Nvidia is now worth more than $5 trillion, making it the most valuable company on the planet. The company manufactures many of its chips in Taiwan, but last year, it opened a semiconductor fabrication plant in Phoenix, Ariz. Last month, Taiwanese authorities indicted nine people, including a senior partner manager at Nvidia's Taiwan unit, for allegedly taking part in a scheme to export servers with advanced Nvidia chips to China. In June, Taiwan-born Huang told Nvidia shareholders that attempts to build artificial intelligence data centers with smuggled chips were a "dead end," because the company provides no support or repairs for such products. "National security is first and foremost," Huang said. "Where commercial opportunities conflict with U.S. national security, national security comes first." Tyler Durden Mon, 09/21/2026 - 18:25

— Putin Plans To Skip Miami G20, Prioritizing China Trip: Officials

 

at 9/21/26 4:00pm

Putin Plans To Skip Miami G20, Prioritizing China Trip: Officials Both the Kremlin and the White House had recently signaled mutual openness to the idea of President Putin actually attending the G20 Miami Summit which is set for December 14-15. Some reports have recently expressed optimism that some kind of grand Ukraine peace deal could emerge from such an engagement. However, Bloomberg has poured cold water on this, reporting Monday that "Vladimir Putin is set to travel to China for the Asia-Pacific Economic Cooperation summit hosted by President Xi Jinping but is likely to skip the Group of 20 in the U.S. with Donald Trump." Source: The White HouseKremlin officials have indicated that a personal appearance at the APEC would be Putin's first since 2017 "There’s only a very slim prospect of him joining President Trump for the G20 in Florida, the people said, asking not to be identified because the matter isn’t public," notes Bloomberg. But it does remain possible, given the Shenzhen-hosted APEC summit takes place almost a full month ahead of the annual G20 summit. The Kremlin now signaling that it intends to turn down any potential Trump invitation perhaps underscores that Putin is much more comfortably in Xi's corner. Back in April, The Washington Post reported, "The United States intends to invite Russian President Vladimir Putin to the Group of 20 leaders’ summit scheduled for December at President Donald Trump’s Doral golf resort in Miami, though the invitation has not yet been sent." And then just weeks ago there was a Russian delegation in attendance for the Asheville G20 finance ministers and bank governors meeting. The Europeans were angry over their presence, which included a meeting with Scott Bessent. Ukraine's President Zelensky is expected to be in Miami. This raised the prospect of an unprecedented Putin-Zelensky meeting even as the war rages. But it should be remembered that Putin has time and again stated he would entertain face-to-face negotiations with Zelensky only if a final settlement was to be signed. So if the White House does intend to get Putin there, a lot of scrambling and diplomatic progress would have to happen in the next few months. But Putin might also simply wish to send a signal that Western efforts to isolate him on the world stage have failed. President Zelenskyy said he is ready to meet Putin in person in the United States if Putin attends the G20 summit in Miami in December. "Yes, of course. We have to come. We have to meet, to speak and make decisions. It’s not about words. What I will tell him or what he wants to… pic.twitter.com/PVjyTJrS5O — Anton Gerashchenko (@Gerashchenko_en) September 12, 2026 Traveling to Miami would send a resounding symbol to hawkish European capitals, akin to the prior Alaska summit with Trump. But again, it seems that so far the Kremlin is giving this possibility the preemptive cold shoulder. Tyler Durden Mon, 09/21/2026 - 18:00

— Houston-Area Birth Tourism Center Shut Down In Legal Action

 

at 9/21/26 3:40pm

Houston-Area Birth Tourism Center Shut Down In Legal Action Authored by Kimberly Hayek via The Epoch Times, A birth tourism operation in the Houston area has agreed to close in a settlement, Texas Attorney General Ken Paxton announced on Friday. An advertisement for a Houston-area “birth tourism” operation known as De’Ai Postpartum Care Center. The Texas attorney general filed a lawsuit against the center, claiming it has operated an unlawful “birth tourism” business. Courtesy of the state of Texas Attorney General's OfficeThe center "unlawfully facilitated over 1,000 births to foreign Chinese nationals," Paxton posted on X. Paxton's office first sued the operation in late April, stating the De'Ai Postpartum Care Center primarily helped Chinese nationals travel to Texas to give birth and secure U.S. citizenship for their children. The center had operated for years across multiple Houston-area properties. Locations included sites in Sugar Land, Houston, Richmond, and Rosenberg, according to details from the original state lawsuit. Gov. Greg Abbott on July 21 ordered Texas state agencies to start investigating and eliminating illegal birth tourism schemes and hold accountable any licensed healthcare providers that participate in them. "Texas will not tolerate the exploitation of our immigration laws by individuals traveling to the United States illegally or under false pretenses to give birth and secure citizenship for their child," Abbott said in a statement at the time. The De'Ai Postpartum Care Center did not respond to The Epoch Times after multiple attempts to contact them. The De'Ai Postpartum Care Center did not appear to maintain a public website in English, but it had two Chinese-language websites that have since been closed. State investigators described facilities at the center that could house multiple families and an operation that was capable of handling up to 20 births per day, according to the attorney general's office. "The Center's scheme not only facilitated an invasion of Texas, but it also involved shielding and facilitating violations of immigration law. Birthright citizenship is a scam that threatens national security, and I will do everything in my power to stop unlawful 'birth tourism' schemes like this one." Paxton said in an April 29 statement. The lawsuit alleged the center coached clients on how to navigate immigration procedures and evade laws when seeking visas and citizenship for themselves and their children. That alleged coaching included encouraging Chinese nationals to conceal that the primary purpose of their travel was to give birth. "To make matters worse, operators of the Center were aware that U.S. visas are prohibited for birth tourism purposes," Paxton's office said in a statement after filing the lawsuit. "In fact, just last week, the Center noted that the federal government is 'strictly' policing birth tourism and recommended that women apply for visas 'before pregnancy' in order to avoid detection," his office stated at the time. Expectant families could spend tens of thousands of dollars on the center's services, the suit claimed. Once a child born through the operation turned 21, that child could petition for permanent residency for parents and siblings. Marketing occurred through social media platforms, private messaging applications, word of mouth, and Chinese websites, according to the complaint. The lawsuit noted that since Jan. 24, 2020, the United States has expressly denied tourist travel "for the primary purpose of giving birth in the United States to obtain citizenship for the child," and has maintained that all birth tourism visa applications "will be denied." Tom Gantert and Jill McLaughlin contributed to this report. * * * (there's also an extra large compass) Tyler Durden Mon, 09/21/2026 - 17:40

— Diesel Hits New Record Above $6.50 As Export Ban Fears Mount, Gasoline Squeeze Looms

 

at 9/21/26 3:20pm

Diesel Hits New Record Above $6.50 As Export Ban Fears Mount, Gasoline Squeeze Looms UBS analysts warned that the global diesel squeeze could get worse as two major suppliers potentially pull barrels from an already strained petroleum products market. Russia may extend diesel export restrictions through October, while chatter in Washington about a US fuel export ban continues to grow. As of Monday morning, AAA data show the national average for diesel has reached $6.51 per gallon, with prices gaining a staggering 88 cents so far this month. Prices are rising nearly every day and surging beyond the peak set in 2022 during the early days of the Russia-Ukraine war.  UBS energy expert Anna Kishmariya says a Russian extension would derail her team's assumption that exports would begin recovering in October as a domestic diesel surplus emerged. She said keeping restrictions in place could suggest more extensive damage to refinery units and a longer repair cycle than previously expected. The bigger risk is a policy decision coming from Washington, as the US has accounted for roughly 30% of global diesel and gasoil exports this year. Any US export ban would leave major overseas importers highly exposed. Iowa Sen. Chuck Grassley wrote on X this weekend that diesel prices at the pump in his state were hitting $6.57 a gallon and proposed the idea: "Why doesn't Pres. Trump put an embargo on diesel exports like presidents in the 70s put embargoes on ag products bc food prices were inflated." On Monday morning, Trump said Russia had "lost control" of its diesel industry due to the war with Ukraine, calling for an end to the "ridiculous and never-ending" war. Trump was quoted by the Financial Times earlier today as saying he had been on a call with Ukraine's Zelensky, pressing him to stop drone attacks on Russian refineries. The fuel shock is coming at an uncomfortable time for the Federal Reserve as it confronts broader inflation pressure. Policymakers raised interest rates by 25 bps last week, and Minneapolis Fed President Neel Kashkari warned that excessive inflation extends beyond energy. Goldman Sachs commodity experts Yulia Zhestkova Grigsby and Daan Struyven warned last week that the diesel crisis could soon push gasoline prices higher, setting the stage for the next major squeeze. "The key reason for this new recommendation is that refiners' switching output from gasoline to diesel is rapidly tightening gasoline markets, where less elevated price levels leave room for sharp price upside if the Mideast and Russia-Ukraine conflicts continued to constrain refining output for longer or if more energy infrastructure were damaged," Grigsby and Struyven wrote in the note.  On the inflation front, Citi US economist Veronica Clark asked clients: "Will rising diesel costs push up goods prices?"  Clark's take:  We were surprised to see the median core PCE forecast in the September SEP rise to 3.4% from 3.3% in June. We think it is likely that most Fed forecasts do not include upcoming revisions and that core PCE will ultimately be lower than many officials are expecting this year.  We continue to track core PCE around 3.0-3.1%Q4/Q4. A renewed substantial increase in energy prices has caused fresh concerns about pass-through to core inflation, particularly as elevated diesel prices mean higher transportation costs for various goods. But recent historical evidence is limited about the correlation between higher diesel prices and core goods in CPI.  We are still hesitant to conclude there will be substantial pass-through as long as real income growth remains soft. Market rents have picked up slightly in recent months but remain softer than pre-pandemic, suggesting shelter inflation should continue to slow. As for the proposed US export ban, Height Capital Markets research director Benjamin Salisbury noted, "While it may be politically tempting, we still expect Republicans to resist the urge to ban diesel or other petroleum exports."  * * * Tyler Durden Mon, 09/21/2026 - 17:20

— DOJ Charges 16 Individuals For Election Crimes

 

at 9/21/26 3:00pm

DOJ Charges 16 Individuals For Election Crimes Authored by Naveen Athrappully via The Epoch Times, The Department of Justice (DOJ) on Sept. 18 announced charges against 16 people across seven states, alleging various election-related crimes. A voter at a polling site during the redistricting referendum in Alexandria, Va., on April 21, 2026. Madalina Kilroy/The Epoch TimesThe individuals are being accused of "unlawful voting by non-citizens in federal elections, false claims of citizenship to register or vote, and related offenses including wire fraud, naturalization fraud, passport fraud, and unlawful firearm purchases," the DOJ said in a statement. Eight individuals, all of them immigrants, have been charged in Texas. This includes seven lawful permanent residents and an illegal immigrant. The illegal immigrant, Moises Anwar Arellano-Alba, 36, from Mexico, is facing two charges of allegedly making a false statement of citizenship in order to register to vote and voting by an alien in a federal election. Under Title 18 of U.S. Code Section 611, it is unlawful for an immigrant to vote in any federal or mixed election to select candidates for the posts of president, vice president, member of the Senate, member of the House of Representatives, presidential elector, resident commissioner, or delegate from the District of Columbia. Meanwhile, Title 18 of U.S. Code Section 1015 criminalizes knowingly making false statements regarding citizenship in registering to vote or actually casting votes. Other charged individuals are three Mexicans, two Nigerians, and one person each from Congo and India. In Idaho, Avila Gomez, an illegal immigrant from Mexico, allegedly claimed to be a U.S. citizen and voted in the May 2022 and November 2024 elections, according to the DOJ. In addition, Gomez is accused of procuring Idaho identification cards through fraud. Title 18 of the U.S. Code Section 1028 makes it a crime to knowingly produce an identification document without lawful authority. In Georgia, three people have been charged - an illegal immigrant and two suspected of being illegal immigrants. The illegal immigrant, Analiea Milliscent Eccles, 44, from Venezuela, allegedly voted nine times between 2008 and 2024, the DOJ said. In Massachusetts, a lawful permanent resident who is a Nigerian national was apprehended and subsequently charged with voting illegally in the 2022 elections and allegedly casting votes in the 2024 general election. In Wisconsin, a Colombian national and lawful permanent resident is being accused of falsely claiming to be an American citizen while registering to vote for the November 2022 federal elections. And in New Jersey and Michigan, one person each has been charged for election-related crimes. The Epoch Times was unable to reach the legal representatives for Arellano-Alba, Gomez, and Eccles. In August, the Census Bureau released a report analyzing noncitizen voting in the November 2020 general election. Out of almost 160 million voters who cast ballots in the election, the bureau "determined with high confidence that over 128 million of these voter records represented citizens, and that over 24,000 of these voter records represented noncitizens at the time of the election," the report said. Meanwhile, the Trump administration's push to further regulate mail-in voting is facing challenges. In March, President Donald Trump signed an executive order to enhance election integrity with regard to U.S. mail. The order called for the use of secure ballot envelope identifiers and other voter eligibility verification measures. The United States Postal Service issued a rule last month to implement the executive order. On Sept. 4, a U.S. District Judge issued a preliminary injunction blocking the USPS from implementing regulations tightening mail-in voting. The injunction applied to the Nov. 3 midterm elections and any other federal election prior to the date. The Trump administration then filed an emergency application with the Supreme Court to pause the injunction. On Sept. 14, the Supreme Court refused to lift the nationwide injunction, saying that the government was unlikely to succeed on the merits of its challenge to the injunction. Trump criticized the decision in a Sept. 15 post on Truth Social. "Republicans just got another bad decision from the United States Supreme Court, one that the Court System took forever to give, and then blamed it, in part, on no time left to implement a solution to our totally corrupt and out of control Mail-In voting 'disaster,' which is a laughing stock all over the World," he wrote. Tyler Durden Mon, 09/21/2026 - 17:00

— 12 People Arrested After Stealing $250,000 Truckload Of Frozen Chicken

 

at 9/21/26 2:40pm

12 People Arrested After Stealing $250,000 Truckload Of Frozen Chicken Stolen chicken used to pay off a drug debt?  It's a true barter market in action.  Memphis police serving a warrant at an Economy Inn discovered 12 people (some reports cite 13 people) behind the hotel unloading pallets of frozen chicken from a hijacked Koch Foods 18-wheeler.  The suspects fled the scene but were all captured. Memphis police arrested 13 people after catching them unloading more than $250,000 worth of stolen fried chicken from an 18-wheeler behind a motel. Officers also recovered guns, fentanyl and cocaine. pic.twitter.com/fvVDUGB3C1 — Breaking911 (@Breaking911) September 18, 2026 According to a press release, Javunte Johnson, 33, was arrested and charged with possession of a firearm.  An arrest warrant was also executed for Johnson for aggravated robbery.  Authorities found the man, along with 12 other people, unloading stolen pallets of chicken valued at $250,000. Quantrivious Shavers, 25, and Jessie Moore, 37, members of the group, were charged with felony possession of a handgun. Officers recovered three handguns from the incident as well as fentanyl and cocaine. The driver of the truck, Robert Wilson, reportedly stated that he had brought the massive chicken haul as payment to Johnson to cover a drug debt. Memphis cargo theft incidents have spiked by 27% since 2025.  The city is one of the few U.S. freight hubs where cargo theft continues to rise while the national total drops.    According to MPD, twelve people were taken into custody and charged:      Javunte Johnson, 33, aggravated robbery, theft of property $60,000-$250,000, and convicted felon in possession of a handgun.      Robert Wilson, 56, theft of property $60,000-$250,000 and evading arrest.      Quantrivious Shavers, 25, theft of property $60,000-$250,000, convicted felon in possession of a handgun, and possession of a controlled substance with the intent to manufacture/deliver/sell, to wit: fentanyl.      Samuel Jackson, 38, theft of property $60,000-$250,000 and possession of a controlled substance with the intent to manufacture/deliver/sell, to wit: cocaine.      John Shipp, 47, theft of property $60,000-$250,000.      Rico Jackson, 36, theft of property $60,000-$250,000.      Devean Hoyle, 45, theft of property $60,000-$250,000.      Trashawn Featherson, 35, theft of property $60,000-$250,000.      Robert Dishmon, 40, theft of property $60,000-$250,000.      Marcellous McKinney, 38, theft of property $60,000-$250,000 and Evading Arrest.      Jessie Moore, 37, was arrested and charged with convicted felon in possession of a handgun and evading arrest, to wit: foot pursuit.      Alexis Pike, 21, was arrested and charged with evading arrest, to wit: foot pursuit, and theft of property less than $ 1,000 (X2).   The theft highlights stubborn criminal activity within certain enclaves of the US (largely Democrat run cities) despite the overall trend of falling crime rates nationally.  The details of the criminals aside, it's good to know that chicken has such a lucrative street value if one is ever deep in drug debt.     * * * Tyler Durden Mon, 09/21/2026 - 16:40

— US Shipment Of F-35s Goes MIA In Shocking Detour To Hong Kong

 

at 9/21/26 2:30pm

US Shipment Of F-35s Goes MIA In Shocking Detour To Hong Kong Authored by Luis Cornelio via Headline USA, Lawmakers and the Trump administration are investigating the odd disappearance of a U.S.-bound shipment of F-35 fighter jet components from Australia, which were originally meant to be repaired on U.S. soil, according to new reporting by Politico. The report, published Friday and citing three anonymous sources, noted that an intermediary was transporting the equipment on behalf of American defense manufacturer Lockheed Martin through the Pacific Ocean before it was diverted to Hong Kong. The three unnamed sources suggested that neither the Pentagon nor Lockheed Martin knows why the shipment ended up in Hong Kong. The current whereabouts of the components remain unknown, triggering concerns over whether China may have gotten its hands on them. China, which has tightened its control of Hong Kong in recent years, has long sought to gather intelligence on the F-35 program. The missing components were part of the F-35 Lightning II, which Lockheed Martin describes on its website as the "most lethal, survivable, and connected fighter aircraft" for America and its allies. Specifically, among the missing items is an F-35 canopy, a major part of the fighter jet that contains sensitive technology, according to Politico. ??SCOOP: A shipment of F-35 fighter jet parts was rerouted to Hong Kong this summer - then vanished. Congress and DOD are investigating, amid the possibility that China may now have access to the highly-classified program. W/ @audrey_decker9https://t.co/u5Ip309Ke9 — Mark Satter (@marksatter) September 18, 2026 The U.S. Government Accountability Office has called the F-35 the "most costly weapon system" in the U.S. military, and the Pentagon has already spent between $200 billion and $250 billion on the program, according to estimates. The State Department and the Pentagon reportedly briefed lawmakers on the matter in June, the report added. In a statement, the Pentagon office responsible for the F-35 jets said it was "aware of a shipment issue of unserviceable F-35 Lightning II components." The military office said an investigation is underway to retrieve the missing components and determine what happened. Headline USA reached out to the office for further clarification but did not receive a response in time for publication. Lockheed Martin, for its part, declined to provide information on the matter, citing security reasons, Politico noted. "Our teams handle every shipment with the utmost diligence and safeguards to ensure the integrity of the F-35 program and the security of our allied partners," the company said. We asked an F-35 pilot to describe the jet in one word. His answer: sneaky. ? But behind that word is a lot of 5th Gen capability: stealth, advanced sensors and the information pilots need to stay ahead when the mission demands it. pic.twitter.com/QrmfBunlwt — F-35 Lightning II (@thef35) July 9, 2026 Tyler Durden Mon, 09/21/2026 - 16:30

— Kunstler: Suburban Sprawl Is A 'Death Trap' For America's National Spirit

 

at 9/21/26 2:20pm

Kunstler: Suburban Sprawl Is A 'Death Trap' For America's National Spirit Authored by James Howard Kunstler via Clusterfuck Nation, The Late, Great Debate About Suburbia, An Apologia "It is difficult to design a place that will not attract people. What is remarkable is how often this has been accomplished." - William H Whyte Greenland, yes, yes, okay ! Smooth move. . . ! But. . . today we put aside the vagaries of national and geo-politics to return to a longstanding affliction in American life that is evermore absent from the public discourse and deserves an airing: the quandary of our suburban sprawl living arrangement, and what can be done about it. First, get this: the demolition derby we live in day-by-day is responsible for as much misery, injustice, economic failure, and ill-health as anything else in our collective doings. Its sheer ugliness - the horror of the six-lane highway with its ensembles of strip-malls, burger shacks, muffler shops, topless bars, Big Box stops, screaming signage, and the vast wastelands of parking. . . the suicide-inducing housing pods marching out remorselessly through forest, prairie, upland, lowland, basin and range. . . the depressing freeways with their monster entanglements of on-and-off-ramps. . . this epic mutilation of our continental landscape - is an evil quite beyond our ordinary imaginings. This inescapable, immersive ugliness, I remind you, is entropy-made-visible. And entropy, of course, is the force in nature that you really don't want to mess around with because it is the agent of death. I do not exaggerate. It's a death trap, the way we live in this country, for the mind, the body, the family, the community, and the national spirit. Until fairly recently this was widely apprehended (or at least suspected). But the politicization of everything has wrecked what had been a growing and pretty robust national discussion about it. To re-cap briefly: this is a big country. It had once been composed of cities, towns, farmlands, and wilderness, a coherent transect of human habitation. The invention of the motor car changed all that, starting in the 1920s. The ambiguous territory outside these cities and towns represented vast potential fortunes in property development. . . and the race was on. The Great Depression and World War 2 interrupted the suburban expansion, but it resumed on steroids afterward when the rest of the world was a smoldering ruin and we could sell them anything (and lend them money to buy it). The construction of all the new suburban infrastructure alone was a major component of the late 20th century US economy, and then it became the scaffold for our so-called consumer economy, comprised of furnishing that scaffold with so much stuff that it overflowed into thousands of self-storage sheds. The decanting of our cities that ensued - the steady dribble of the middle-classes moving out, along with the commerce that served them - left most of those cities ruined. Eventually even the small towns got whacked, the farms paved-over, too. What we're left with is a weird hybrid landscape that is neither town nor country, has few of the civic amenities that add-up to a genuine sense of community, and none of the rural charm formerly found in the countryside. It became painfully obvious that a suburban house was a cartoon of a house in the country, and living in a cartoon is just not spiritually rewarding. Cue the Prozac. . . . The whole kit, aided by the dogmas of zoning and government lending schemes, became easily reproducible from one locale to the next. For the development industry, the template became a habit. . . and so it boogied on through the decades. By the 1990s, the generation coming into power (yeah, the Boomers) started a revolt against all that. It crystalized in the New Urbanism movement and its signature org, the Congress for the New Urbanism, CNU. We can do better than this, this. . . this. . . national clusterfuck, they declared. I was excited by this movement, wrote a couple of books about it, got to know the excellent people behind it - architects, urban planners, civic officials, property developers. They were smart, skilled, visionary. They believed that walkable communities and disciplining the automobile would produce places worth caring about and worth living in - and it seemed to me that such an effort would go a long way to curing the desperate anomie of American life. Over the next several decades, the New Urbanists produced scores of great projects. Some were actual new towns, some projects were renovations of existing towns, neighborhoods, business districts, and small town Main Streets. The results of their work are visible all over the country now. But then, the political crack-up of the country commenced around 2009 with the Great Financial Crash and the ascent of Obama-inspired Wokeness, and really accelerated with the reaction to the advent of Mr. Trump in 2016. From that point on, as a nation, we've been arguing about everything but the disastrous arrangement of daily life on-the-ground in America. Some new twists in the spin of history have made matters worse. One is that suburban sprawl is, by default, the favorite pattern of MAGA (and I happen to be a Trump voter). To them, suburbia is all tied up with ideas about economic liberty, as is the whole apparatus of Happy Motoring. They are still mentally stuck in the imagery of the TV car commercial - the lone sedan gliding through the sine-cosine curves of the empty seacoast highway, the romantic epitome of freedom! It's a lie, pretty much, because the more universal experience of motoring these days is getting stuck at a crawl in freeway traffic with a thousand other motorists per mile, half of whom desperately need to take a pee and can't do a darn thing about it. And then there's the fallacy of the suburban housing development being a "community" - bwa-ha-ha-ha-ha-ha! See: I don't even have to explain that. But, MAGA tends to see it this way, along with all the activity that enables it - the mortgage system, the production home-builders ("it's more than a house, you understand, it's a home!"), all of which is so central to a booming economy. So, you don't dare inveigh against suburbia - except I will, because it is making America worse, not great again, and somebody's got to say it. Yet another thing has come along to wreck the New Urbanist dream of reconstituting the American city and small town, and that thing is the World Economic Forum's (WEF's) proposal they call the "15-minute City." Superficially, it seems to resemble the traditional neighborhood model that the NU's espouse. But deeper down the 15-Minute City is much more about a surveillance and tracking apparatus - and this has caused many conservatives (especially them) to reject anything that looks like traditional urban design. It's a most unfortunate situation, but that's where things stand, and it's one reason that the debate over suburban sprawl has stopped. A final and equally unfortunate development is that the CNU org came to be taken over the past decade by political Wokesters more interested in Diversity, Inclusion, and Equity BS than in their original mission of providing workable remedies for the tragic fiasco of American suburbia. And now you know why it is so hard to talk about this geography of nowhere anymore. We publish a variety of perspectives. Nothing written here is to be construed as representing the views of ZeroHedge. Tyler Durden Mon, 09/21/2026 - 16:20

— Judge Rules EPA Must Reinstate $7 Billion Biden-Era Subsidies For Solar Promotion

 

at 9/21/26 1:45pm

Judge Rules EPA Must Reinstate $7 Billion Biden-Era Subsidies For Solar Promotion Authored by Jeremy Lott via The Epoch Times, A $7 billion federal government grant program for solar promotion, authorized during the Biden administration, was reinstated by a federal judge on Sept. 18 in a ruling that rebuffed the Trump administration's efforts to cancel it. Solar panel array at a solar farm near Lancaster, Calif., on June 17, 2026. Mario Tama/Getty Images Judge Mary McElroy of the U.S. District Court for the District of Rhode Island wrote in her ruling that the current Environmental Protection Agency's (EPA's) "termination of the Solar for All program is declared unlawful." Money was appropriated in 2022 for a Greenhouse Gas Reduction Fund under the Inflation Reduction Act that later spawned the $7 billion Solar for All grant program in June 2023. Congress at the time dedicated billions of dollars to the program and a separate smaller amount in the millions of dollars for its administration by the EPA. Funds for the grant program would be used to "create and expand low-income solar programs that provide financing and technical assistance, such as workforce development, to enable low-income and disadvantaged communities to deploy and benefit from residential solar," the Biden-era EPA wrote. Current EPA Administrator Lee Zeldin criticized the program on Sept. 7, 2025, saying that canceling it would save taxpayers billions of dollars. "The One Big Beautiful Bill eliminated the Greenhouse Gas Reduction Fund, which included a $7 billion pot called 'Solar for All,'" he said in a statement announcing the program's cancellation. "EPA no longer has the statutory authority to administer the program or the appropriated funds to keep this boondoggle alive." An audit of the program found that as of early August 2025, the program's 60 grant recipients had "drawn down approximately $71 million, or 1.02 percent, of the obligated funds for various aspects of project planning and implementation." The Trump-era EPA canceled the program. Under the One Big Beautiful Bill Act, the current Congress canceled some funds for administering the program and rescinded Greenhouse Gas Reduction Fund money that was not already obligated. The EPA noted that none of the plaintiffs suing the government were actually grant recipients. Instead, they were prospective subrecipients or third-order beneficiaries, such as unions. The government argued that they lacked standing to sue. McElroy disagreed on the standing question. She also interpreted the text of the One Big Beautiful Bill Act to mean that "existing grants were not to be rescinded" and that only minor "unobligated" funds could be clawed back. Practically, all of the funds were spoken for by designated recipient organizations. What that means is that, unless reversed on appeal, the current EPA may find itself obligated to give out the remaining nearly $7 billion in solar promotion subsidies from the Biden era. Patrick Crowley, president of the Rhode Island AFL-CIO, one of the parties that brought suit, told The Epoch Times that he was "very pleased with the ruling." The union president said he did not "think the federal government should appeal," as the ruling makes "very clear that this program should never have been stopped by the EPA in the first place." Carolyn Holran, a spokesperson for the EPA, indicated that Crowley might be disappointed by her agency's next steps. "EPA is reviewing the decision and considering options for appeal," she told The Epoch Times. Crowley said the total Rhode Island slice of federal funding should come to $49 million, which would provide "thousands of good-paying union jobs." Unions and the Trump administration have often been at loggerheads over green projects. Crowley said that they had notched up legal victories on offshore wind projects and solar grants, and promised more. "We won't back down in our efforts to protect our members' jobs while we build a new carbon-free economy," he said. Tyler Durden Mon, 09/21/2026 - 15:45

— Verizon Says Cut Cable Behind FAA Ground-Stops East Coast Airports, Not Their Fault

 

at 9/21/26 1:40pm

Verizon Says Cut Cable Behind FAA Ground-Stops East Coast Airports, Not Their Fault (Update 1540ET): Verizon confirmed the "unknown equipment issue" behind the massive ground stop in the tri-state area was a cut fiber cable in New Jersey. The company says construction contractors working near an Amtrak rail line dug it up, that Verizon's facilities were fully functional until that happened, and that the carrier bears no responsibility for the incident. Technicians are on site, and the company says it is working to repair the damaged cable and restore connectivity. FAA Administrator Bryan Bedford told reporters an older circuit serving Philadelphia TRACON failed this morning. Controllers tried to flip to the backup fiber the agency had installed as part of its modernization push, and the backup was already dead. The agency did not know the fiber was cut until the primary circuit went down, Bedford said. The damaged stretch is roughly 600 feet between New Brunswick and Newark. Repairing that line, he said, could take about 13 hours. "It's massive, I'm told." Transportation Secretary Sean Duffy put it more bluntly: an Amtrak construction crew cut into the fiber and forced the FAA to pause Northeast traffic. By mid-afternoon LaGuardia had resumed in some form, and Philadelphia and JFK were being walked back from full ground stops toward delay programs. Newark and Teterboro were still the problem children. That is the airspace Philadelphia TRACON was handed in 2024, the same facility that had radio-frequency trouble last August and a string of radar and comms failures through 2025. The FAA is trying to stand up a replacement circuit rather than wait out a 13-hour splice. Until the data is flowing again, inbound traffic into the remaining restricted fields stays on the ground at origin, which is still a ground stop, still the most restrictive tool the agency has. World leaders are landing in New York this week for the UN General Assembly. * * * The FAA has issued ground-stop orders to arrivals into every major New York-area airport: JFK, LaGuardia, and Newark. Teterboro, Westchester, and Philadelphia are in the same pile. Official reason: equipment outage. What happened The first restrictions hit Newark, Teterboro, and Philadelphia after problems with radio frequencies at Philadelphia TRACON, the terminal radar facility that handles arrivals and departures in that airspace. The FAA later added JFK, LaGuardia, and Westchester. The agency has not publicly detailed which systems failed, how long repairs will take, or whether New York TRACON (N90) is separately affected. That lack of specifics is why the disruption is being described as an "unknown equipment issue." 92 cancellations and nearly 70 diversions at Newark so far today as an FAA equipment outage continues to hold flights bound for Newark, Philadelphia, and Teterboro at their origin airports. Traffic comparison between last week and today. pic.twitter.com/6mMwzi4mrG — Flightradar24 (@flightradar24) September 21, 2026 A ground stop holds aircraft destined for the listed airports on the ground at their origin. It is one of the FAA's most restrictive tools and is used when controllers cannot safely accept more inbound traffic. What actually broke? Frequencies, per the first FAA statement. Then just "equipment / outage" on the national status board. No system named, no timeline, no "we kicked the rack and it came back." Philadelphia TRACON is not a random facility: it is the same one that took over Newark approach control in 2024 and then suffered repeated radar and radio failures through 2025, severe enough that controllers went out on trauma leave. On Aug. 28 of last year, the FAA ground-stopped Newark for roughly two hours over what it called equipment issues affecting "some radio frequencies in the Philadelphia TRACON area," with arrival delays averaging about 90 minutes - the same facility and the same stated cause as today.  Impact Newark saw the earliest and heaviest effects. As of 11:07 a.m. ET, FAA data showed average departure delays out of Newark running about 90 minutes and increasing, with the ground stop set to expire at 11:15 a.m. and a 30-60% chance of extension. Flight-tracking data showed dozens of jets queued on the pavement, along with dozens of cancellations and diversions. Teterboro departure delays were steeper. Via @Bogs4NY Boston Logan also has restrictions, though those are listed as volume and weather rather than the same equipment problem. Because JFK, LGA, and EWR sit on one of the busiest corridors in the country, the stops ripple nationally: crews and aircraft get out of position, later banks get late, and connecting passengers miss onward flights. Maybe another rogue AI escaped a sandbox?  Tyler Durden Mon, 09/21/2026 - 15:40

— Bessent Declares All Iran Airlines To Be 'Shut Down Around The World' Wednesday

 

at 9/21/26 1:30pm

Bessent Declares All Iran Airlines To Be 'Shut Down Around The World' Wednesday Treasury Secretary Scott Bessent declared on Monday that by Wednesday Sept. 23, "all the Iranian airlines will be shut down around the world." "If they land, you cannot provide them with fuel, you cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar system," he described. Bessent on Iran: On September 23, all Iranian airlines will be shut down around the world. How do we do that? If they land, you cannot provide them with fuel, you cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar… pic.twitter.com/pX5wfEobV3 — Clash Report (@clashreport) September 21, 2026 The new warning and 'promise' was issued after the US earlier this month imposed sanctions on "all remaining Iranian airlines" which had yet to face such penalties - thus Bessent's new declaration is that these entities are about to collapse under the weight of Washington actions, which now is to include secondary targeting. The Treasury Department has also lately targeted Iranian companies and industries supporting Iran's aviation sector. Some 27 airlines have already been sanctioned - also most recently the major Mahan Air has faced expanded sanctions (after first being targeted by Washington all the way back in 2011). The Treasury has famed all of this as part of efforts to deny the Iranian government the ability to move "weapons, personnel, and illicit cargo". Bessent stated to CNBC that all Iranian airlines will be shut down globally on Sept. 23 - given that any fuel, landing, and ticket providers involved with the companies risk dollar-system exclusion. Ironically, Iran's President Masoud Pezeshkian and his delegation is expected to fly into New York City just the day prior, on Tuesday - to attend the UN General Assembly. He is set to give a formal address to the UN body on Wednesday. This will provide rare opportunity for potential White House diplomacy to take place on the sidelines, which could happen as early as Tuesday. As for the heavily sanctioned aviation industry, in recent years the Islamic Republic has suffered some significant aerial disasters, which included the May 19, 2024 death of President Ebrahim Raisi. His military helicopter went down in a rugged, mountainous area of northwestern Iran. via Reuters Some speculate that lack of airline parts and aging aircraft, due to the long-standing US targeting of the industry, has only served to increase the chances of aviation disasters. Tyler Durden Mon, 09/21/2026 - 15:30

— US Opens Foreign Funding Investigations Into Duke, University Of North Dakota

 

at 9/21/26 1:00pm

US Opens Foreign Funding Investigations Into Duke, University Of North Dakota Authored by Naveen Athrappully via The Epoch Times, The State Department and the Department of Education are investigating Duke University and the University of North Dakota over allegedly violating foreign funding disclosure rules. The statue of Washington Duke on Duke University's East Campus with Baldwin Auditorium is shown in Durham, N.C., on April 11, 2006. Sara D. Davis/Getty Images Section 117 of the Higher Education Act of 1965 requires postsecondary institutions that receive federal financial assistance to disclose the source of foreign gifts and contracts with an annual value of $250,000 or more, according to a Sept. 16 statement. The law aims to counter undue foreign influence in America's higher education sector. Both universities receive taxpayer support to develop crucial technologies. However, a review of records submitted by the universities "indicated the submission of incomplete, inaccurate, and untimely disclosures," the Department of Education said in the statement. In a Sept. 15 letter to Duke University president Vincent E. Price, the department raised concerns about the institution's research collaboration with China's Wuhan University. This agreement between the universities has led to the establishment of Duke Kunshan University in Jiangsu, China, in 2013. Wuhan University is overseen by China's Ministry of Education and another state entity that oversees China's nuclear weapons and military research programs. The institution plays an important role in the country's national defense science and tech innovation. China's Ministry of Education requires joint-venture universities, such as Duke Kunshan University, to have a Chinese Communist Party (CCP) unit to monitor their operations. These units can also influence administrative tasks. Moreover, Duke Kunshan University's Board of Trustees appears to include key Chinese regime officials, according to the letter. The Education Department's review of Sec. 117 disclosure reports from Duke shows that the university has reported 1,266 qualifying foreign funding transactions since July 2020, totaling roughly $1.01 billion. The institution allegedly engages in "systemic reporting errors related to timely disclosure of contracts with foreign sources," the department said in the letter. As for the University of North Dakota (UND), the department's Sept. 15 letter to the institution's president Andrew Armacost highlighted the university's critical role in America's national security efforts. Specifically, UND's School of Aerospace partners with the North Dakota Army and Air National Guard, the U.S. Air Force, and private sector defense contractors. UND also provides a training environment to support U.S. drone dominance in uncrewed air systems. Since July 2020, the university has reported 71 transactions that would qualify under Section 117, valued at around $98 million. Many of these transactions "appear to have involved Chinese aviation companies," the letter said. The Department of Education instructed both universities to submit records of tax compliance; Section 117 compliance structure; international research collaborations; foreign government talent program compliance; foreign gifts, grants, and contracts; and international faculty, research personnel, and student agreements. "Unfortunately, it appears that both Duke and UND have provided untimely and incomplete foreign funding disclosures, which include erroneously identifying certain governmental partners as 'non-governmental,'" Under Secretary of Education Nicholas Kent said in the statement. "We expect these universities will cooperate fully. The Department of Education and the Department of State will continue to work together to vigorously ensure the integrity and accountability of our nation's colleges and universities in reporting their foreign gifts and contracts," Kent said. The Epoch Times reached out to Duke University and the University of North Dakota for comment but did not receive a response by the time of publication. In an email to The Chronicle, Duke's student-run news organization, a spokesperson from the institution said they were "reviewing the letter carefully." The university is "committed to complying with the law and will continue to do so in a manner that is consistent with our academic mission," the spokesperson said. The recent investigations come after the Education Department announced its partnership with the State Department in February, aimed at improving transparency of foreign contracts and gift reporting in higher education institutions. According to a fact sheet published at the time, the partnership aligns with President Donald Trump's April 2025 executive order, Transparency Regarding Foreign Influence at American Universities. In the order, Trump wrote that it is the administration's policy to "end the secrecy" regarding foreign funds flowing into the country's educational institutions. Last month, the Pentagon announced it had asked 30 academic institutions to audit their research, academic, and financial collaborations with foreign entities that are deemed to threaten national security. The Pentagon's notices were sent to universities linked to certain research facilities or foreign schools in China, Iran, or Russia. Tyler Durden Mon, 09/21/2026 - 15:00

— Big Tech's Next AI Battleground Is Your Face, Loop Capital Says

 

at 9/21/26 12:45pm

Big Tech's Next AI Battleground Is Your Face, Loop Capital Says Smartglasses are set to be the "next major computing platform," according to Loop Capital analysts, as Meta currently leads the space, with Google, Samsung, Apple, and SNAP preparing their own AI-powered eyewear. Loop Capital analyst Rob Sanderson wrote in a note on Sunday that an "inflection point" has arrived for smart glasses, which are "transitioning from wearable camera accessories to what is becoming a primary hardware interface for conversational AI." Sanderson and analyst Anthony Chukumba spoke with wearable-tech executive Jon Li about the smart glasses industry and where it's headed into the new year. Li shared our view that Meta dominates the smart glasses industry with its Ray-Ban Meta smart glasses, while Google is building an ecosystem around Android XR and Snap holds an advantage in more advanced augmented reality. He said Apple could remain on the sidelines until 2028 or 2029 before introducing its own smart glasses. Here are the key points from the conversation between Loop Capital analysts and Li: Jon Li is a seasoned technology executive with extensive product management, user experience design, and business development experience. Mr. Li is currently Managing Partner of strategic consultancy Asentio where he advises companies on product strategy, commercialization, and human-AI collaboration. He previously served as US General Manager for XREAL, where he was instrumental in driving the company's expansion into the US market through the development of strategic and retail distribution partnerships. Earlier in his career he held senior product and program management positions with Indigo Technologies, SERES EV, and YouSpace and senior design positions with Motorola, Philips, and FLIR Systems. Bullish on Android XR broadly... Mr. Li is bullish on the Android XR smartglasses operating system (OS), which Google has developed in partnership with Samsung and Qualcomm. He noted Android XR leverages Google's existing Android OS, large developer base, and mature developer framework and tools. In addition, Mr. Li views Android XR as a "true digital assistant" with the ability to utilize users’ calendars, tasks, documents, location, etc. to provide contextual assistance in real time. He noted one significant difference between Android OS and Android XR is Google plans to more tightly control distribution of the latter by working with a limited number of partners (e.g., Samsung, XREAL). Mr. Li expects Android XR and Gemini AI features to be updated every few months, while hardware changes would occur at most once a year. ...and Warby Parker's Intelligent Eyewear more specifically. Mr. Li is also fairly upbeat about Warby Parker's forthcoming Intelligent Eyewear launch, which he views as a key component of mass market smartglasses adoption. Mr. Li believes Warby Parker is a compelling Android XR partner given the optical retailers' history of transforming the eyeglass purchase process (i.e., online and in store) as well as ability to educate first-time buyers and provide initial fittings and post-purchase support. All that said, Mr. Li questioned the strength of Warby Parker's post-purchase customer relationships given the fact Google, not Warby Parker, controls the digital assistant consumers will be interfacing with. Views Snap as having a multi-year lead on full AR. While previous versions were not released for commercial distribution, Snap's recently introduced SPECS are the company's 5th generation hardware design. Mr. Li believes Snap's long-term focus and extensive experience with augmented reality on smartphones gives it a multi-year lead over competitors and expects the cadence of multiple iterations will shrink and cost-reduce its offering. Mr. Li sees enterprise suitability and highlights the base of customers in industrial production, manufacturing, healthcare and other verticals left stranded by Microsoft's discontinued HoloLens platform as an area of obvious interest. Mr. Li believes it will ultimately be the developer community and partner ecosystem that drives category adoption and sees Snap's ~450K developers using Lens Studio as a meaningful advantage. Apple launch probably later than sooner, will lift overall market. Mr. Li believes Apple is unlikely to enter the smartglasses market until 2028/2029 given the company's long history of learning from competitors' earlier products to introduce a superior version later (e.g., iPod, iPhone, AirPods). Mr. Li believes Apple will initially introduce a premium, higher priced product (i.e., ~$800 as compared to $499 for the top-of-the-line Ray-Ban Meta Wayfarer Optics) and focus on user experience as opposed to hardware specifications; ultimately, he thinks Apple's success will hinge on the strength of the AI assistant and level of integration with the broader iOS ecosystem, stating Siri AI is not yet where it needs to be. Mr. Li thinks an Apple entry will be a net positive for existing industry players by drawing more attention to and legitimizing smartglasses, pointing to the impact the company's recent introduction of the iPhone Duo is having on foldable smartphones.  Beyond Loop Capital and their insights into the smart glasses industry via an insider, Luca Solca, Bernstein's senior equity analyst and global luxury-goods sector head, covering companies including EssilorLuxottica, LVMH, Hermès and Richemont, and recently pointed out emerging backlash in the public domain of these glasses, with some trends on social media going viral, such as "pervert glasses," and such.  We suspect Meta, Snap, Google, and other players will eventually need to confront the "pervert glasses" narrative with a counter narrative of their own. Good luck solving that with a marketing campaign. Tyler Durden Mon, 09/21/2026 - 14:45

— Trump's 48-Hour Houthi Strike Whiplash Was Triggered By Desire To 'Help His Friend' MbS

 

at 9/21/26 12:30pm

Trump's 48-Hour Houthi Strike Whiplash Was Triggered By Desire To 'Help His Friend' MbS President Trump's abrupt Saturday return to the White House from Camp David, where he had been slated to spend the whole weekend, had set off an avalanche of speculation on potential military escalation in the Middle East. The NY Times and Axios are reporting that the Commander-in-Chief was close to a ordering new anti-Houthi intervention but that he backed out, TACOing once again but this time in pretty rapid order. Source: White House "President Trump over the weekend considered ordering a strike against the Houthis in Yemen before deciding to hold off for now, two U.S. officials said," Axios writes Monday. "Trump was caught between wanting to help his friend and ally, Saudi Crown Prince Mohammed bin Salman, and avoiding getting entangled on a new front in the Middle East." So now the nation stands on the brink of yet a separate Mideast adventure while the Iran conflict has yet to end, this time in Yemen, because Trump desires to "help his friend". But in the end he did not pull the trigger, for now at least. The NY Times on Sunday laid out a wild, whiplash of a fast-paced timeline in terms of decision-making: Mr. Trump had met with advisers just the day before and told them he did not favor strikes. But after speaking with the Saudi crown prince, he reversed himself and told the Pentagon to prepare for airstrikes against the Houthis. But by midday Sunday, the president appeared to have reversed himself again. There would be no U.S. airstrikes against the Houthis — at least not for the time being, according to administration officials. The officials spoke on the condition of anonymity because they were not authorized to discuss military planning. One wonders if Congress might ever be consulted, instead of going to war after a single phone call with 'friends' in Saudi Arabia and Israel? Trump has reportedly been mulling what to do about the Yemen crisis for the last two weeks, especially as the Shia group backed by Tehran has ramped up attacks on Aramco facilities in the kingdom. So far, the White House is only said to have authorized intelligence and targeting assistance. Still, the Houthis keep advancing, regional reports say, after having conquered Yemen's Red Sea coast. To review of some of our Monday morning coverage: Brent crude oil prices are also lower despite news that Donald Trump had cut short a trip to Camp David to return to Washington, reports that Iran had activated its highest military readiness alert amid claims that the US is preparing to resume attacks, Houthi attacks on the Saudi capital Riyadh, and Pentagon Pizza Report activity suggestive of something afoot. All of this was accompanied by fresh alerts for American travelers issued by US embassies across the whole Mideast region. For a little trip down memory lane... Trump mocked Crown Prince Mohammed bin Salman (MBS) for Saudi Arabia's security dependence on the US: "He didn't think this was going to happen. He didn't think he'd be kissing my ass. He really didn't." pic.twitter.com/q9vJK76O6X — Glenn Diesen (@Glenn_Diesen) March 28, 2026 Even if Trump were to authorize new direct strikes on Yemen, any purely aerial campaign would be very unlikely to dislodge the Houthis. It could also serve to further divide already stretched-thin US forces and assets in the region. US assets operating over the Gulf area might have to be diverted. The Houthi rebels have already endured literally dozens of major air raids from the US and Israelis stretching back through the Gaza war. The attacks seemed to only embolden them, and now they can put the chokehold on Red Sea shipping at any time they want. Tyler Durden Mon, 09/21/2026 - 14:30

— Critical Metals Shares Soar On Trump's Greenland Deal As Mining Stocks Eye Rebound After Summer Slump

 

at 9/21/26 12:15pm

Critical Metals Shares Soar On Trump's Greenland Deal As Mining Stocks Eye Rebound After Summer Slump Critical Metals jumped 37.5% to $9.22, while Greenland Energy surged 126% and Greenland Mines soared 136% on news this past weekend that President Trump had announced a security deal with Denmark and Greenland. This is fueling Wall Street's expectations of greater US access to the territory's mineral resources. Trump said Friday in a lengthy Truth Social post that the US had reached a deal with Denmark and Greenland granting it control over Greenland's security. Danish and Greenlandic officials said the agreement preserves Greenland's sovereignty. "At my direction, we worked with representatives of Denmark and Greenland to guarantee that the United States will FOREVER have the complete ability to do what is necessary in Greenland to secure and defend the security of Greenland, and the United States of America," Trump stated. Critical Metals' Tanbreez project offers the West conflict-free (meaning ex-China) rare earth supplies. The company says heavy rare earths make up about 27% of the deposit's total rare-earth content. These materials are critical for magnets, defense systems and precision electronics.  Based on Critical Metals' latest disclosures, Tanbreez is not yet in commercial production. The company describes it as an advanced, permitted development project that will supply rare earths "once operational." What's notable about the Tanbreez project in southern Greenland is that it contains about 45 million metric tons of resources.  According to Critical Metals' March 2026 slide deck, Tanbreez is targeting first ore production in late 2028 or early 2029, with concentrate exports beginning by the third quarter of 2029. That is a major problem for the West, and the market is getting ahead of itself because these critical metals were needed yesterday, as China's quasi-monopolistic position in critical metals is currently choking the West. That's why we're focused on producers that can deliver today rather than junior miners, as highlighted by the Bloomberg news earlier this morning that South Korea gave Almonty Industries the green light to begin shipping tungsten ore from its Sangdong mine to overseas customers.  The VanEck Rare Earth and Strategic Metals ETF (REMX) is a fund that holds shares of lithium, tungsten, and other materials miners.  Its positions include: SQM: 7.89% Albemarle: 7.74% MP Materials: 6.22% Lynas Rare Earths: 5.93% Almonty Industries: 4.15% REMX saw a massive run-up beginning in mid-2025 and peaked around June before retracing about 40%. Now the mining ETF is stabilizing with a higher low and could be due for an upside move. With China choking off critical metal supplies to the West, the market should focus on miners that are producing today and can deliver to fill the West's supply gap. Early movers will win.  Tyler Durden Mon, 09/21/2026 - 14:15

— Wall Street Turns Its Back On Consumer Stocks As Fuel Costs Soar And Yields Surge

 

at 9/21/26 11:40am

Wall Street Turns Its Back On Consumer Stocks As Fuel Costs Soar And Yields Surge US gasoline prices near $4.44 a gallon at the pump, record diesel prices of $6.40 a gallon, and the Federal Reserve's interest-rate hike this week, its first since July 2023, are compounding pressure on household budgets and borrowing costs. Against that troubling backdrop, UBS warns that Wall Street is "turning more skeptical on consumer recovery." UBS equity trader Mark Paski wrote in a note to clients on Wednesday about the gloomy environment for consumers that has placed renewed selling pressure on consumer stocks as Wall Street grows increasingly skeptical of a second-half earnings recovery, with recent management commentary pointing to persistent cost pressures and limited evidence of a meaningful rebound in demand. "While part of the recent weakness can be attributed to higher crude prices and rates, the sharp sell-off across apparel, retail and restaurant names suggests investors are looking beyond those factors. Feedback from the conference circuit pointed to a common theme: persistent macro uncertainty, ongoing cost pressures and little evidence of a near-term demand inflection. Management teams broadly flagged pressure from inflation, transportation costs, fuel prices and cautious consumer behavior, reinforcing the view that earnings recovery may take longer than previously expected," Paski said. He noted that consumer companies' share of S&P market capitalization has tumbled to just 13.5%, a record low, from about 31% in 1992. That decline shows the sector is becoming less relevant to investors. S&P restaurant stocks are weakening more sharply than the broader consumer discretionary sector, signaling this growing concern ahead of midterm elections. The hoped-for consumer rebound in the second half is running into a familiar problem: businesses face rising costs while customers remain reluctant to spend. Speaking at Goldman Sachs' 33rd Annual Global Retailing Conference on Tuesday morning, Dollar General CEO Todd Vasos offered a downbeat assessment of its customer base, warning that "even that middle to upper middle is acting more like a lower income shopper these days." At the start of the week, Jefferies food analyst Scott Marks flagged new pressure on convenience store customers as gasoline and diesel prices soared in August. Professional subscribers can read a lot more about consumer stocks here at our new Marketdesk.ai portal.  Tyler Durden Mon, 09/21/2026 - 13:40

— FAA Ground-Stops Every Major New York Airport Over "Equipment Outage" At The Same Facility That Broke Newark Last Year

 

at 9/21/26 11:25am

FAA Ground-Stops Every Major New York Airport Over "Equipment Outage" At The Same Facility That Broke Newark Last Year The FAA has issued ground-stop orders to arrivals into every major New York-area airport: JFK, LaGuardia, and Newark. Teterboro, Westchester, and Philadelphia are in the same pile. Official reason: equipment outage. What happened The first restrictions hit Newark, Teterboro, and Philadelphia after problems with radio frequencies at Philadelphia TRACON, the terminal radar facility that handles arrivals and departures in that airspace. The FAA later added JFK, LaGuardia, and Westchester. The agency has not publicly detailed which systems failed, how long repairs will take, or whether New York TRACON (N90) is separately affected. That lack of specifics is why the disruption is being described as an "unknown equipment issue." 92 cancellations and nearly 70 diversions at Newark so far today as an FAA equipment outage continues to hold flights bound for Newark, Philadelphia, and Teterboro at their origin airports. Traffic comparison between last week and today. pic.twitter.com/6mMwzi4mrG — Flightradar24 (@flightradar24) September 21, 2026 A ground stop holds aircraft destined for the listed airports on the ground at their origin. It is one of the FAA's most restrictive tools and is used when controllers cannot safely accept more inbound traffic. What actually broke? Frequencies, per the first FAA statement. Then just "equipment / outage" on the national status board. No system named, no timeline, no "we kicked the rack and it came back." Philadelphia TRACON is not a random facility: it is the same one that took over Newark approach control in 2024 and then suffered repeated radar and radio failures through 2025, severe enough that controllers went out on trauma leave. On Aug. 28 of last year, the FAA ground-stopped Newark for roughly two hours over what it called equipment issues affecting "some radio frequencies in the Philadelphia TRACON area," with arrival delays averaging about 90 minutes - the same facility and the same stated cause as today.  Impact Newark saw the earliest and heaviest effects. As of 11:07 a.m. ET, FAA data showed average departure delays out of Newark running about 90 minutes and increasing, with the ground stop set to expire at 11:15 a.m. and a 30-60% chance of extension. Flight-tracking data showed dozens of jets queued on the pavement, along with dozens of cancellations and diversions. Teterboro departure delays were steeper. Via @Bogs4NY Boston Logan also has restrictions, though those are listed as volume and weather rather than the same equipment problem. Because JFK, LGA, and EWR sit on one of the busiest corridors in the country, the stops ripple nationally: crews and aircraft get out of position, later banks get late, and connecting passengers miss onward flights. Maybe another rogue AI escaped a sandbox?  Tyler Durden Mon, 09/21/2026 - 13:25

— Powerful Explosion Rocks Aleppo Ammo Depot In Latest Mystery Blast

 

at 9/21/26 11:20am

Powerful Explosion Rocks Aleppo Ammo Depot In Latest Mystery Blast A terrifying blast erupted outside the major northern Syrian city of Aleppo overnight, which caused area residents to evacuate their homes, and with sustained explosions visible for miles around. The explosion happened at an army base in an outlying town, injuring at least four people, after which a series of blasts persisted, which unleashed shrapnel across the area. State media outlet SANA later cited Ministry of Emergency and Disaster Management which indicated an ammunition depot was detonated. Amid local evacuations, emergency crews were on "high alert... due to the continued explosions" - after being initially unable to get close given persisting and follow-on explosions. An eyewitness in Aleppo's Hamdaniyeh neighborhood told AFP of a "huge explosion" and that people in the area could see "large flames in the distance". Typically the first fear that Syrians have is that they are once again under attack by Israeli fighter jets, given this is a scenario which has played out literally hundreds of times over the past several years of conflict. There have been no initial statements describing what caused the disaster. But several munitions and military warehouse accidents have occurred under the new Jolani government of late. An ammunition depot exploded in Aleppo, northwestern Syria. Follow: https://t.co/Ez42KDda7X pic.twitter.com/f0ZGtnNUIH — PressTV Extra (@PresstvExtra) September 20, 2026 For example, in earlier September a Ministry of Defense weapons depot ignited and 14 people were killed. Lately the country has been suffering extreme fuel prices amid efforts to get inflation under control, and amid stagnant wages and efforts to get the post-war economy back on track. Washington's recent dropping of Assad-era sanctions have yet to bear any immediate fruit, however. Several days of protests across various cities have persisted, after the new rulers in Damascus abruptly removed fuel subsidies for the population.  On September 13 the government decision saw diesel prices shoot up 40% and petrol prices by 28%, after not just years but decades of government regulated price controls and subsidies.  Is there a covert sabotage campaign afoot? The Israelis have of late occupied southern Syria, and have engaged in operations to ensure Syria has no advanced or heavy weapons or munitions... Three #Syria Defense Ministry arms depots have exploded in 11 days — in #Idlib (Sep 9), Deir ez Zour (Sep 18) & tonight in #Aleppo. It’s still summer weather in #Syria, and storage practices could be better — but 3 in 11 days seems too much to be coincidence. Big questions. pic.twitter.com/BkaZ0A2lZS — Charles Lister (@Charles_Lister) September 20, 2026 Already the country was smashed by proxy war and sweeping US-led sanctions, not to mention a decade-long US troop occupation of Syria's oil and gas fields in the northeast, which strangled the population, as part of efforts to overthrow secular Ba'ath leader Bashar al-Assad.  Tyler Durden Mon, 09/21/2026 - 13:20

— Qatar's Energy Minister Says Bessent's "Worthless" Hormuz Claim Is "Completely Wrong"

 

at 9/21/26 10:15am

Qatar's Energy Minister Says Bessent's "Worthless" Hormuz Claim Is "Completely Wrong" Qatari Energy Minister Saad Al-Kaabi blasted Treasury Secretary Scott Bessent on Sunday, saying he was "wrong" to claim the Strait of Hormuz would become "worthless" to the oil industry in two years. "I think this is completely wrong," Saad Al-Kaabi said Sunday at the Qatar Economic Forum in New York. Speaking to Fox Business's Larry Kudlow on the sidelines of the Group of 20 finance ministers' summit in North Carolina earlier this month, Bessent said the Hormuz maritime chokepoint, in about "two years will be… a worthless piece of water," adding that oil "will be going on pipelines across land." ????? ??: ?? Treasury Secretary Scott Bessent says “In 2 years, the Strait of Hormuz will be like a worthless piece of water.” pic.twitter.com/B94NIWtews — DustyBC Crypto (@DustyBC) September 1, 2026 Al-Kaabi, who also heads QatarEnergy, argued that rewiring the Hormuz area with pipelines to bypass the critical maritime chokepoint, as Bessent described, would not eliminate the broader trade flowing through the strait. "I don't think this is ever going to be obsolete," he said. Qatari Energy Minister Saad Al-Kaabi responds to Secretary Bessent’s remark that “in two years, the Strait of Hormuz will be like a worthless piece of water.” pic.twitter.com/rFKewRONIR — Annmarie Hordern (@annmarie) September 20, 2026 Bessent's comments come as a generational rewiring of energy flows in the Gulf, and really the world, is underway, and allies in the Gulf have already announced plans for new pipeline exits out of the region that bypass the strait. New routes through the UAE and Iraq could eventually carry roughly 4 million additional barrels a day. Combined with increased flows through Saudi Arabia's East-West pipeline, that could replace around 40% of the 20 million barrels a day that previously transited Hormuz. The rewiring is all part of meaningful diversification but carries risks, as demonstrated by the recent drone attack on Saudi Arabia's East-West pipeline that has rendered it useless in the short term. Alternative pipelines can reduce dependence on Hormuz. But warfare has forever changed, with low-cost one-way attack drones putting every critical infrastructure asset in the region in the crosshairs. Beyond the Gulf, the Trump administration is diversifying oil supply chains by signing a mega deal with Venezuela and allowing US energy giants to begin investments to ramp up oil production. The aim is to bring energy and critical materials supply chains closer to home, a key pillar of Trump's Western Hemisphere revival. Making Hormuz worthless is a long game for the Trump administration while it builds out energy assets in the West. Tyler Durden Mon, 09/21/2026 - 12:15

— Bitcoin Soars Above $85k (Jan Highs) As Saylor Sees Clarity Act Collapse 'A Win'

 

at 9/21/26 9:45am

Bitcoin Soars Above $85k (Jan Highs) As Saylor Sees Clarity Act Collapse 'A Win' Bitcoin has surged above $85,000 this morning for the first time since late-January... The rally comes alongside advances in stocks and bonds, as falling oil prices and optimism ahead of a summit between US President Trump and China’s Xi Jinping are buoying markets more broadly. Rival digital assets have also bounced. Ether, the second-largest token, has spiked up to almost $2750, while other cryptocurrencies including XRP, Solana and Monero also posted gains... Bitcoin’s gains build upon a recovery that began late last week, when crypto absorbed the failure of the landmark Clarity Act (up around 14% since) to establish a clearer understanding of industry regulation as well the Fed's first interest-rate increase in more than three years. “Financial markets have rediscovered a risk-on frame of mind after being consumed with worry about government bond yields, debt piles and the prospect of a return to tighter policy at the world’s most powerful central bank,” said Chris Beauchamp, chief market analyst at investing and trading platform IG. A green light on Thursday from the Securities and Exchange Commission for digital versions of securities to start trading in the US helped to brighten the mood.  Interestingly, Bitcoin treasury founder and pioneer Michael Saylor has said that the blockage of the Clarity Act is actually good for the digital asset space.  Writing on X on Saturday, the Strategy founder and chair said that legislation can make restrictions permanent just as easily as rights.  The Digital Assets industry is better off moving forward with supportive rules from the SEC, CFTC, Treasury, and banking regulators than accepting the restrictions in the final CLARITY compromise. We have an administration willing to modernize financial markets. We should use the next two years to put better financial products into people’s hands. Our safest path forward is to create products that delight customers and deploy them broadly. Lower costs, easier access, useful services, and greater control over money give people a direct interest in preserving innovation. The strongest constituency we can build is a public that benefits from what we create. Legal certainty matters. So does the freedom to compete. A law can make a restriction durable just as easily as it can make a right durable. Before celebrating permanence, we should examine what we are making permanent. The September CLARITY compromise would have restricted covered providers from paying customers simply for holding payment stablecoins, while allowing qualifying activity rewards. It also would have directed Treasury to restrict certain rewards upon specified findings of substantial, detrimental deposit transfers from community banks. Protecting a bank from a liquidity crisis and protecting it from a better competitor are different objectives. Financial stability requires sound oversight. Competition requires that customers be free to choose a better service. When technology reduces the cost of delivering financial services, consumers should share in the savings. Read more here... Additionally, Saylor’s Strategy purchased Bitcoin for the first time in three weeks, acquiring $75.7 million of the original cryptocurrency after seeking to rebuild investor confidence by reshaping its balance sheet and building out reserves. The original Bitcoin treasury company - co-founded and run by Saylor - also repurchased $174 million of its STRC perpetual preferred shares, part of its effort to lift the price above par so that the securities can be used again to finance future Bitcoin purchases. Cash was used to fund both transactions, Strategy said in a filing on Monday. The preferred trade just below $99. Strategy is now (846,002) just 1363 BTC below its all time high holdings from June 22 when it was 847,365... “The crypto market capitalization has risen to $2.8T, its highest level since the end of January this year,” said Alex Kuptsikevich, the FxPro chief market analyst. “Although Friday’s rally was followed by increased selling pressure, buyers have once again been dominating the cryptocurrency market since Sunday.” Bloomberg reports that bitcoin open interest on the options trading platform Deribit was heavily dominated by calls, signaling bullish sentiment. The platform showed more than 272,000 contracts for the right to buy the token compared with over 154,000 for puts, or the right to sell. “Bitcoin options market is positioned to capture the upside,” said Pratik Kala, a portfolio manager at digital-asset hedge fund Apollo Crypto. “People are repositioning from downside protection to wanting to capture the upside.” But not all traders are convinced the momentum can last given the difficult macroeconomic headwinds, with crude oil still above $100 a barrel and US Treasury yields elevated. Bitcoin is well off its 2026 high of over $97,000 in mid-January, and even further from its October record. Retail enthusiasm has also proven hard to rekindle as artificial intelligence stocks and other AI-linked trades compete for the same pool of speculative capital. “For this week, there aren’t any big catalysts to watch out for per se, but any hawkish or dovish remarks by Fed officials could impact the market,” said Jeff Mei, chief operating officer of BTSE.  Finally, we note that ETF inflows have re-accelerated... Various investor cohorts also returned to aggregate profit, including Bitcoin corporate treasuries, holdings of which have a cost basis of around $80,500. Now, price is approaching its cost basis for investors in US spot Bitcoin exchange-traded funds (ETFs). Per data by onchain analytics platform Glassnode, this cost basis currently sits at $85,638... In a departure from the norm, the largest Bitcoin ETF, BlackRock’s iShares Bitcoin Trust (IBIT), did not account for the lion’s share of inflows. Instead, most investors piled into Fidelity Investments’ Wise Origin Bitcoin Fund (FBTC), which accounted for $310 million of the total. In their analysis of recent market developments, the onchain analytics platform CryptoQuant discussed this change in ETF netflow composition.  “The key change is therefore not simply positive ETF activity, but a clear redistribution of flow leadership: IBIT went from dominating FBTC by nearly six times on September 3 to FBTC recording almost three times IBIT’s holdings netflow on September 18,” CryptoQuant stated in a blog post. After reacting positively to the announcement of US bond-market interventions in August, Bitcoin market participants continue to monitor any events surrounding yields. In a report for CME on Sept. 16, Jim Iuorio, CEO of JI Financial Strategies, argued that interventions may represent a liquidity tailwind for Bitcoin and crypto markets. “Perhaps markets viewed these actions as being dollar-negative, pushing money back into dollar hedges like gold and Bitcoin,” he said. Tyler Durden Mon, 09/21/2026 - 11:45

As of 9/21/26 7:08pm. Last new 9/21/26 6:07pm.