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Ryanair (NASDAQ:RYAAY) just fired a warning shot and it landed squarely on Boeing's (NYSE:BA) front porch. CEO Michael O'Leary says the airline could cancel its jaw-dropping $33 billion order for 330 Boeing jets if U.S. tariffs start driving up prices. His message? If the aircraft get more expensive because of politics, Ryanair will walk. O'Leary made it clear in a letter to Congressman Raja Krishnamoorthi: Ryanair isn't in the business of paying for Washington's trade wars. And if Boeing loses its price edge? He's open to alternatives, even China's Comac.

“I will use my presidential authority to set import quotas. . . . We can manage the short-term shortages more effectively and we will, but there are no short-term solutions to our long-range problems. There is simply no way to avoid sacrifice.” — Jimmy Carter, the “malaise speech,” July 1979 “You don’t necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country.” — Bernie Sanders, May 2015 “Access to cheap goods is not the essence of the American Dream.” — Scott Bessent, March 2025. “[China] made a...

Tesla started a formal process to find its next CEO last month, amidst declining public opinion about billionaire Elon Musk, according to a bombshell report from the Wall Street Journal. “Board members reached out to several executive search firms to work on a formal process for finding Tesla’s next chief executive,” the Journal reported Wednesday night, citing people familiar with the matter. “The board narrowed its focus to a major search firm … The current status of the succession planning couldn’t be determined. It is also unclear if Musk, himself a Tesla board member, was aware of the effort, or...

Laura Loomer @LauraLoomer ATTN DOGE: NIH Renews Massive Funding for Fauci’s Infamously Cruel Monkey Island ⁦ @DrJBhattacharya really isn’t proving that he’s all he was hyped up to be as the new @NIH Director Why is NIH under the new Trump admin abusing monkeys, dogs & cats? From thegatewaypundit.com 5:50 PM · Apr 30, 2025

U.S. Rep. Joaquin Castro and the Congressional Hispanic Caucus have put Defense Secretary Pete Hegseth on notice: Don't mess with the name Fort Cavazos. With support from President Donald Trump, Hegseth has begun reversing a Biden-era initiative to remove the names of Confederate figures from military installations. Hegseth has restored names with Confederate connotations to two Army bases, and he has vowed to continue. That has sparked fears that the Central Texas armored division base named for Gen. Richard E. Cavazos, the Army's first Hispanic four-star general, could be next. The Congressional Hispanic Caucus is trying to get in front...

President Donald Trump will veto a Senate resolution aimed at ending his global tariffs, even though the measure has bipartisan support. The White House warned several lawmakers in a letter sent to congressional offices. Senators Ron Wyden, D-Ore., and Rand Paul, R-Ky., are supporting the resolution. Paul, who has been a fierce critic of Trump’s tariffs, recently told the Wall Street Journal that he is "not alone" in his skepticism of the administration’s tariff policies. He also noted that "millions of investors who are self-interested have misgivings about tariffs." The administration reportedly wrote in its warning to lawmakers that it...

Hat Tip very dear friend of the Treehouse, Zurich Mike.Switzerland is in a conundrum. More specifically, the Swiss National Bank is stuck betwixt two points that are also playing out in other stable western countries. Exports to the USA account for over ten percent of the Swiss manufacturing base.The Trump tariffs are putting pressure on Switzerland to drop the value of their currency as an offset to retain competitive pricing. However, simultaneous to the tariffs, the Swiss Franc is being purchased by global investment groups and sovereign foreign countries as a safe harbor due to the stability of the currency,...

OTTAWA — President Donald Trump has an Election Day message for Canadians: The Canada-U.S. border is artificial, and you should become the 51st state. “Good luck to the Great people of Canada,” Trump said on Truth Social at 8:36 a.m. ET on Monday as polls in parts of the country were opening, landing on the morning of one of the most consequential elections in decades. “No more artificially drawn line from many years ago. Look how beautiful this land mass would be,” he said. It was not actually clear which Canadian leader Trump was favoring with his latest post. The...

There have been fresh calls for President Donald Trump and Attorney General Pam Bondi to fulfil their promise of releasing 'the full' Jeffrey Epstein files after the tragic death of Virginia Giuffre. Giuffre, known for her allegations against British royal Prince Andrew and her description of herself as Jeffrey Epstein's teenage "sex slave," died by suicide at the age of 41, just weeks after narrowly surviving a horrific car accident. Revealing the news on Friday, Giufre's family described her as a "fierce warrior" and "the light that lifted so many survivors." Giuffre accused billionaire Epstein of trafficking her for sex...

In October, Mr Musk pledged to cut "at least $2 trillion" from the federal government budget. He subsequently halved this target and on 10 April talked about making savings of $150bn from "cutting fraud and waste" by the end of the next financial year in 2026. ...Doge's largest listed individual saving is $2.9bn. It comes from cancelling a contract - which started in 2023 under President Biden - for a facility in Texas to house up to 3,000 unaccompanied migrant children. Doge appears to have taken the "total contract value" until 2028 - the end date listed - and subtracted...

Not a day seems to go by without some activist lower court judge issuing an overreaching injunction blocking part of President Trump’s agenda. Throughout Wednesday and Thursday alone, judges across multiple venues handed down decrees barring numerous executive actions taken by the president since returning to office. From DEI to election policy, these cases are but a few of the more than 170 lawsuits Democrats and left-wing political actors have filed to sabotage Trump and the 77 million Americans who voted for him.Despite this clear effort to destroy American democracy via a judicial coup, the U.S. Supreme Court (SCOTUS) seems...

The United States has already struck 200 trade deals, President Donald Trump said in an interview this week — but he refused to say with whom. Trump’s comments come just two weeks after he announced a 90-day pause on most of the sweeping global tariffs he imposed earlier this month to allow time for trade negotiations with hundreds of countries slugged by the punishing levies. Only China was exempted from the 90-day pause. “I’ve made 200 deals,” Trump told Time Magazine in a wide-ranging interview published Friday, “100%.” Pressed on which countries he had made deals with, Trump refused to...

President Donald Trump's approval rating has dropped to 40 percent, lower than all other presidents at this point in their terms, new polling released by Pew Research Center on Wednesday shows. Americans want Trump to govern less by executive order, listen to the courts, and don't like tariffs. Trump is losing ground with people on the fence. From February to April, his approval rating fell from 88 percent to 75 percent among people who supported him in the 2024 election but "not strongly," and from 44 percent to 31 percent among nonvoters. Of course, partisans will be partisans, and Trump...

The bottom line is Jerome Powell has screwed up. No, that’s not from President Trump. That comes from legendary investor Louis Navellier.In yesterday’s Special Market Podcast in Growth Investor, Louis weighed in on President Trump’s attacks on Federal Reserve Chairman Jerome Powell:The latest criticism is, President Trump wants to get rid of Jerome Powell. Ok, well, unfortunately, I have to agree with him because Powell is fighting a mythical inflation that hasn’t occurred yet.We’re not going to have more tariffs other than the Chinese tariffs because everybody is caving. Everybody is meeting with the administration; everybody is dropping their barriers....

So far, American consumers have been shielded from much of the impact. But as the world of international shipping adjusts to his policies, the president is facing a potential reckoning. With the US-China trade war starting to gum up container traffic between the world’s two biggest economies, freight companies are warning of plunging bookings and a surge in “blank sailings” – where ports are skipped or voyages are called off altogether. Earlier this week, America’s most powerful retail executives trooped into the White House to deliver a blunt prognosis: tariffs on Chinese goods risked causing “empty shelves” in two weeks...

China just raised the stakes in its standoff with Washington. Despite President Trump's recent attempts to dial down the rhetoric and hint at possible tariff relief, Beijing isn't budging. A spokesperson from China's Commerce Ministry flatly rejected any notion of progress, calling U.S. claims of renewed dialogue groundless. The message: if the U.S. wants to talk, it needs to first undo the damagestarting with a full rollback of unilateral tariffs, now as high as 145%. China also made it clear that future talks hinge on more than just kind words; Washington needs to get serious about core issues like sanctions...

In this week’s Live from the Vault, Andrew Maguire welcomes back Lynette Zang, who breaks down the patterns driving financial collapse and explains how to spot these signals to secure the future with gold and personal preparedness. Zang warns that the systemic reset might already be underway, with the dollar collapsing under the weight of inflation and debt. As central banks hoard metal and gold surges past $3,300, Lynette urges immediate action to embrace real-world assets. Check out Lynette: ‪@TheLynetteZang‬ https://www.lynettezang.com/ Timestamps: 00:00 Start 02:55 Patterns of collapse: history's warning signs 09:00 Central banks stock up on gold – why...

"There cannot be "U.S. energy dominance" and $50 per barrel oil; those two statements are contradictory. At $50-per-barrel oil, we will see U.S. oil production start to decline immediately and likely significantly (1 million barrels per day plus within a couple quarters),” an executive at an exploration and production firm said. Another executive put it even more bluntly, “The administration’s chaos is a disaster for the commodity markets. "Drill, baby, drill" is nothing short of a myth and populist rallying cry. Tariff policy is impossible for us to predict and doesn't have a clear goal. We want more stability.”

The vibe around President Trump’s second term has shifted, and it’s all his doing. The president entered office with a bit of a wind at his back. His polling was better than the first time around, protesters weren’t in the streets, and federal investigators weren’t after him. The GOP was more united than in 2016 and business leaders wanted to work with him, while the culture was generally heading in an anti-woke direction. Now, though, his polling is in a marked decline. His job approval rating is sliding. Depending on what poll you believe, it’s down to 44 percent (Fox...

Gov. Ron DeSantis’ administration this week released its most detailed explanation to date on its legal reasoning behind diverting $10 million in Medicaid settlement money to the Hope Florida Foundation. In short, only $57 million of a $67 million legal settlement Florida made with the Medicaid contractor Centene was considered “potential Medicaid-related damages to the State,” Agency for Health Care Administration General Counsel Andrew Sheeran wrote to lawmakers on Tuesday. That meant that Centene could be directed to divert the remaining $10 million to the Hope Florida charity, Sheeran wrote. The charity was created by DeSantis’ administration to support the...