Aggregator

"Say what you will,  wouldn't lose a wink of sleep knowing that man was my kids crossing guard," one viewer wrote.

Did we mention it comes in pink and is 20% off ahead of Mother's Day?

Get a better night's sleep with soft, hypoallergenic sheets

Both teens allegedly admitted to the incident and were charged with armed robbery.

Terri Else filed the complaint in California federal court against Roku and TCL North America, accusing firms of rolling out faulty Roku OS updates

Thousands of miles doesn't feel so far away anymore.

Bayern Munich and Paris Saint-Germain go back at it on Wednesday with a spot in the Champions League final on the line.

As other states move to sideline CAIR, California is embracing it.

Bustamante and a roster of experts trace the story from Cuba to Russia with the help of interviews.

Mayor Karen Bass and Councilwoman Nithya Raman went to war Tuesday night in a blistering mayoral debate that exploded into a public brawl over crime, homelessness, police staffing and who voters should blame for Los Angeles spiraling deeper into chaos.

“He was just getting his swings in and suffered (the injury) while he was taking a swing."

ABC Reporter Fabricated Trump Call, Made Himself The Focus After Assassination Attempt

Authored by Steve Watson via Modernity.news,

President Trump has slammed ABC News chief Washington correspondent Jonathan Karl for what he calls outright dishonest reporting after Karl inserted himself into the story of the latest assassination attempt on the president.

Karl appeared on ABC’s This Week shortly afterward and claimed Trump had reached out to him personally. “My phone rang shortly after 7 a.m., my landline, George actually. A number that few people call and it was President Trump calling,” Karl told host George Stephanopoulos.

Karl further claimed that Trump “said at first he was calling to see if I was okay with what happened last night. ‘Are you OK?’ And then he reiterated many of the things he said in his press conference last night emphasizing the unity that he felt in that moment that he felt at the dinner before the shooting and certainly after with people who reached out to him… And he was quite firm about this: That dinner must be rescheduled.”

NEWS: President Trump BLAST ABC News’ Jonathan Karl: “Jonathan Karl, of ABC Fake News, made a statement that I called him early in the morning, the day after the assassination attempt, to ask whether or not HE was OK. No, this was a hit on ME, not HIM, and I didn’t make such a… pic.twitter.com/Xh9chkU2S2

— RedWave Press (@RedWavePress) May 4, 2026

This week, Trump responded directly on Truth Social, blasting the claim as pure fabrication designed to center Karl rather than the president who had just survived another attempt on his life.

“Jonathan Karl, of ABC Fake News, made a statement that I called him early in the morning, the day after the assassination attempt, to ask whether or not HE was OK. No, this was a hit on ME, not HIM, and I didn’t make such a call, why would I do that?” Trump remarked.

The president added, “He called me, but I didn’t take his call — He just confirmed that to me when he called again. I would say that’s very dishonest reporting. He’s trying to make himself look important but, I’m not surprised, because it comes from ABC Fake News!”

This appears to be somewhat deranged behavior from a legacy media figure desperate to remain relevant. Instead of focusing on the security failures, the gunman’s motives, or the president’s resolve, Karl turned the story into a narcissistic fantasy about himself – the brave reporter Trump supposedly felt compelled to check on at 7 a.m. the morning after an attack aimed squarely at the commander-in-chief.

This latest episode fits a long pattern of tension between Trump and ABC News. Readers will recall our earlier coverage of Trump calling out Karl and other ABC figures for biased and obnoxious questioning.

Trump also torched an obnoxious ABC fake news reporter over misleading boat strike video: 

And of course, ABC was forced to pay out a massive $15 million settlement last year after falsely calling Trump a rapist: 

The derangement doesn’t stop with the press. In a related development that perfectly captures the upside-down priorities in Washington, a D.C. judge has now apologized to the alleged assassin himself over his treatment in custody.

U.S. Magistrate Judge Zia Faruqui expressed “grave concerns” about conditions at the D.C. jail, including solitary confinement and suicide watch protocols for Cole Allen, telling the suspect directly he was “very troubled” by the reported treatment. 

While security for Trump and the public remains under scrutiny after multiple attempts on the president’s life, the system bends over backward to ensure the accused gunman feels comfortable.

This is the same media and institutional class that spent years demonizing Trump, only to now feign shock when violence follows their rhetoric. 

The fake news machine keeps exposing itself, and each time it does, trust in legacy outlets like ABC erodes further.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden Wed, 05/06/2026 - 10:50

WTI Holds Rebound Gains As US Fuel Exports Hit Record High, Production Dips, Huge SPR Drain

Oil prices are lower overnight (but dramatically off their lows) amid on-again, off-again optimism of an imminent US-Iran peace deal.

Benchmark Brent fell as much as 12% to $96.75 a barrel in London, while West Texas Intermediate dropped up to 13%. European natural gas plunged as much as 14%.

Oil and gas later pared about half of those losses after Trump said in a Truth Social post on Wednesday that if Iran doesn’t agree, “the bombing starts.”

Overnight we saw huge across the board drawdowns in US energy inventories reported by API (and a huge SPR drain). All eyes on the official data this morning...

API

• Crude -8.1mm (-2.8mm exp)

• Cushing -1mm

• Gasoline -6.1mm

• Distillates -4.6mm

DOE

• Crude -2.313mm (-2.8mm exp)

• Cushing -648k

• Gasoline -2.504mm

• Distillates -1.294mm

For the second week in a row, US inventories saw significant declines across the board with products seeing the biggest draws. Crude's drawdown was a modest disappointment (especially after API's big report)...

Source: Bloomberg

Overall, crude stockpiles remain elevated (but are drawing down)...

Source: Bloomberg

Perhaps most notably, the Strategic Petroleum Reserve (SPR) is seeing massive drawdowns to support the global loss of supply from Hormuz.

Source: Bloomberg

On the back of that draw, Bloomberg's energy guru, Javier Blas, dropped this stunning chart showing that, on a 7-day moving average, global oil liftings (into tankers) have recovered to their pre-war level due to a surge in liftings in the Americas. Of course, that's helped by massive stock drawdowns / SPR drain, but still...

Additionally, last week saw US crude exports actually decline (after nearing the unprecedented level of 100 million barrels in 7 days). The decline in crude cargoes headed overseas pulled down overall US oil and fuels exports from record high levels also set the week earlier, even as fuel exports rose to the highest weekly level ever.

Source: Bloomberg

The US has sent out at least 1.5 million barrels of diesel a day since the week of April 3.

US crude production continued to trend lower...

Source: Bloomberg

WTI fell dramatically below $100 overnight but amid Trump's 'bombastic' comments and Iranian denials, pries are well off their lows

“The oil price is reacting on shift in sentiment instead of market balances, driven by news of a potential deal between the US and Iran,” said Giovanni Staunovo, an analyst at UBS Group AG in Zurich.

“It remains unclear when flow through the strait would resume.”

Still, any breakthrough in peace talks will take much longer to filter through to energy markets.

“When the Strait opens we do believe it will take half a year for oil to get back to normal,” Equinor Chief Financial Officer Torgrim Reitan said on the company’s quarterly earnings conference call.

“For gas, it will take much longer.”

And that's important for the Midterms...

The 4-week moving average for US gasoline implied demand ticked higher week-on-week, but the more volatile weekly data showed a weekly decline and dipped below the 5-year average.

It is too early to tell, but elevated gasoline prices could be finally eating into demand.

Trump has repeatedly claimed prices will come down rapidly once the Strait is reopened - we shall see.

Tyler Durden Wed, 05/06/2026 - 10:40

UBS Says Transport Stock Rout Is "Overdone" After Amazon News

UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson.

Wadewitz said the risk is not new, noting that Amazon's supply chain service has been around since 2023. He said the pullback has created attractive entry points in select transport stocks, particularly UPS, FedEx, and C.H. Robinson.

"While we view AMZN's strategy of selling transportation services as a negative for transports generally, it is not a new risk and the supply chain service is also not new. We believe the significant sell-off in transport names was overdone," Wadewitz said.

The main risk is in B2B parcel, Wadewitz said, adding that Amazon's growing third-party shipping ambitions could pressure UPS and FedEx over the medium term.

However, he said the threat is not a surprise, since Amazon has been active in parcel delivery for years. He also noted that there is limited near-term risk in international express because Amazon's air fleet is mostly domestic narrow-body aircraft.

The immediate market reaction in transport stocks, including UPS, FedEx, and C.H. Robinson, to Amazon's news was a roughly 10% drop at the start of the week. Some of those losses had been recovered by mid-week.

Wadewitz explained to clients why the "pullback creates attractive entry points for UPS, FDX, and CHRW" ...

We believe the cost reduction and network efficiency initiatives of UPS and FDX support margin improvement and EPS growth on a multi-year basis. While AMZN's focus on growing in transport markets is a risk, we also don't view it as a new risk.

In our view, investors already assume that the addressable domestic parcel market for UPS and FDX is a slow growth market (eg in part due to impact of AMZN).

We view the ~10% pullbacks in UPS and FDX as providing attractive entry points.

With respect to CHRW, we do not expect AMZN's supply chain initiative to have a noticeable impact on the brokerage market which is already a highly competitive market. We expect the combination of an upcycle in truckload pricing and acceleration in labor productivity for CHRW in 2H26 to support attractive EPS growth and support upside for the stock. We would also recommend buying CHRW on the pullback in the stock.

Professional subscribers can read the full transport note here at our new Marketdesk.ai portal.

Tyler Durden Wed, 05/06/2026 - 10:30

Israel Says Preparing For Escalation With Iran, Didn't Know Deal Was Close: 'Series Of Targets Ready'

Wednesday saw yet another early morning Axios 'scoop' that within hours of being issued proved premature and too out front, given talk of Iran and the US being 'close' to a deal was quickly denied by Tehran and even President Trump quickly acknowledged it's "too soon" to plan peace talks with Iran.

But the headline of "US and Iran closing in on one-page memo to end war" was enough to raise alarm bells in Israel, which has insisted that the conflict must end with a nuclear-free Iran.

Maj. Gen. Eyal Zamir, via IDF/TOI

"Israel was unaware that US President Donald Trump was close to reaching an agreement with Iran to end the fighting and open the Strait of Hormuz," an Israeli official told Army Radio soon after the optimistic peace deal headlines went international.

"We were preparing for an escalation," the official said. Indeed the last couple weeks of stalled Pakistan-mediated talks have seen several reports out of Israel saying the Netanyahu government is waiting for the 'green light' from Washington to renew the aerial bombing campaign, which took place over prior 38 days as part of Operation Epic Fury.

But as of Tuesday Secretary of State Marco Rubio announced that Epic Fury was ending, and that Project Freedom - to open the Strait of Hormuz - is the new focus. But even after that President Trump in the evening announced a 'pause' to allow negotiations to proceed.

So there has been much confusion and contradictory signaling out of Washington to say the least. Tehran has meanwhile made clear its "finger is on the trigger" - but Israel is also saying the same thing.

For example, IDF Chief of Staff Lt. Gen. Eyal Zamir on Wednesday made it known that military has a "series of targets" ready to strike in Iran at the moment the war resumes.

"Cooperation with the United States military and coordination continue at all times, and we are monitoring the situation," he stated during a visit to southern Lebanon, where Israel ground forces are occupying territory.

"In Iran, we have a further series of targets ready for attack. We are on high alert to return to an intense and broad campaign that will allow us to deepen our achievements and further weaken the Iranian regime," Zamir said further.

Kind of wild that Barak Ravid has predicted seven of the last zero peace deals between the US and Iran.

— Justin Logan (@JustinTLogan) May 6, 2026

As for anti-Hezbollah operations, and despite the Lebanon ceasefire officially in effect, the top military general said: "We will seize every opportunity to deepen the blow to Hezbollah and its continued weakening."

None of this bodes well for a lasting ceasefire in Lebanon, also as the broader Iran ceasefire is certainly on shaky ground, given this week's cross-Gulf attacks on UAE out of the Islamic Republic.

Tyler Durden Wed, 05/06/2026 - 10:15

A man with multiple aliases used the name of the famed Astor family to dupe a Mexican billionaire out of around $450 million in a bogus stock-backed loan scheme, according to a newly unsealed US indictment and other court records.

All about the Regency era thirst trap that was dominating Austen girlies' algorithms this spring.

Lance McCullers will help lead the underdog Astros to a win over the visiting Dodgers on Wednesday afternoon, Stitches predicts.

Immigration officers nabbed several cruise ship employees last month — bumming out the passengers on a Disney voyage, no less.

A Florida teacher accused of having sex with a 17-year-old student on campus spoke of her desire to leave her husband for the boy – and reportedly told cops she felt "desired" by the teen.