Source: Axios
“Delta on Thursday projected better-than-expected third quarter profits and expressed optimism about the economy. ‘The fundamentals of the U.S. economy are solid,’ CEO Ed Bastian said Thursday on an earnings call. ‘Our core consumer is in good shape and continues to prioritize travel and affinity for Delta’s brand has never been stronger.’ He added: ‘We expect both consumer and corporate confidence to improve in the second half of the year, creating the environment for travel demand to accelerate.’ Delta’s stock was up 12.7% to $57.11 at 12:58pm. Shares in competitor airlines also jumped, with United (+15.0%), American (+12.6%) and Southwest (+7.8%) all trading higher.” (07/10/25)
https://www.axios.com/2025/07/10/delta-air-lines-earnings-travel
Source: Future of Freedom Foundation
“The Socialism of Zohran Mamdani.” (07/10/25)
https://www.youtube.com/watch?v=Js20ffm33U8
Source: The Realist Review
by Lucy Komisar
“The Magnitsky Act claims to punish those responsible for or benefiting from the detention, abuse, or death of Sergei Magnitsky. In fact, the Act provided no evidence that his detention was unjustified (see, for example, The European Human Rights Commission report), that he was abused or killed, or that he uncovered a conspiracy. Jonathan M. Winer, a State Department aide to Hillary Clinton who later played a critical role in passing on the Steele disinformation dossier around Washington, acknowledges that he authored the Magnitsky Act. The plan was to get a U.S. law on the books that would in effect block the Russian government from using international law enforcement, particularly Interpol, from going after certain individuals of other countries who had cheated on their taxes.” (07/10/25)
https://therealistreview.substack.com/p/the-myths-behind-the-magnitsky-act
Source: Orange County Register
by Patrick Eddington
“Texas resident and software developer Joshua Aaron has certainly made a name for himself with his extremely newsworthy app ICEBlock. The app allows users to report Immigration and Customs Enforcement (ICE) activity within a certain radius and has allegedly been downloaded at least 100,000 times since going live earlier this year. The Trump administration has not only tried to keep the app a secret, it has threatened news outlets who simply report on its existence. … The fact that Aaron felt the need to create the app in the first place is just another reminder of how much America has effectively morphed into a police state in only months.” (07/10/25)
https://www.ocregister.com/2025/07/10/iceblock-criminal-evasion-tool-or-constitutionally-protected-speech/
Source: Yahoo! Finance
“German exporters do not want a deal at any price in the trade conflict with the United States, said Dirk Jandura, head of the BGA trade lobby. ‘Our interests must be reflected in an agreement with the U.S.,’ Jandura said on Thursday in Berlin. ‘We need a fair deal for the whole of Europe. It must not be concluded at any price.’ … Jandura, President of the Federation of German Wholesale, Foreign Trade and Services (BGA), called for a stronger European single market to improve the EU’s negotiating position and to cushion the economic impact of tariffs, alongside new trade agreements or the revision of existing ones.” (07/10/25)
https://finance.yahoo.com/news/tsmc-revenue-climbs-39-latest-054109061.html
Source: Cato Institute
“The Rise and Fall of DOGE 1.0.” (07/10/25)
https://www.cato.org/multimedia/cato-podcast/rise-fall-doge-10
Source: The Hill
by Samuel MacRoberts
“Your home is supposed to be your castle, of course. But for decades, the government treated it like anything but one. Enter Scott Johnson, who trains hunting dogs on the rural Kansas homestead he shares with his wife Harlene. He is a second-generation trainer, nationally recognized, has won countless awards, and plays by the rules. But that didn’t stop the government from searching their property anyway and forcing him to waive his constitutional rights in exchange for a kennel license. Under Kansas law, if Scott wanted to keep his livelihood, he was forced to accept warrantless searches at any time with no notice and no right to refuse. … Even asking the inspector to return later or to get a warrant was punishable. That’s not just unreasonable but unconstitutional, as Judge Vratil has now ruled.” (07/10/25)
https://thehill.com/opinion/judiciary/5391778-a-federal-judge-reminds-government-inspectors-get-a-warrant/
Source: National Public Radio [US state media]
“Trump’s views on Russia-Ukraine war are shifting.” (07/10/25)
https://www.npr.org/2025/07/10/1255443719/trumps-views-on-russia-ukraine-war-are-shifting
Source: The Daily Economy
by David Hebert & Marcus M Witcher
“Reagan’s attempts to suppress car prices ultimately made US-made cars less competitive. and reduced employment in American factories.” (07/10/25)
https://thedailyeconomy.org/article/voluntary-export-restraints-were-very-bad-policy/
Source: CNN
“Secretary of State Marco Rubio met with Russian Foreign Minister Sergey Lavrov on Thursday, just days after President Donald Trump expressed frustration with Russian President Vladimir Putin for not engaging in peace talks with Ukraine. The meeting took place in Malaysia on the sidelines of a gathering of the Association of Southeast Asian Nations, or ASEAN — putting the Ukraine war center stage on a trip that was meant to focus on strengthening alliances in the region. … Rubio is also meeting his ASEAN counterparts during the gathering in Kuala Lumpur just days after Trump declared that many of the countries will be subject to US tariffs in less than a month unless they strike trade deals.” (07/10/25)
https://www.cnn.com/2025/07/09/politics/marco-rubio-sergey-lavrov-meeting
