The number of Americans actively shopping for a home fell to the lowest level on record in July, according to data released Aug. 13 by the real estate brokerage Redfin, leaving roughly half a million more sellers than buyers in the U.S. housing market. Redfin estimated there were about 966,752 buyers in the market in July, down 2.5% from June....
October 23, 2026
After 9/11, Congress Made Flight Schools Vet Foreign Students. Drone Schools Were Never Included.
Introduction Twenty-two months after the September 11 attacks, Congress wrote a rule into law that still governs American flight instruction. Under Section 612 of the Vision 100 – Century of Aviation Reauthorization Act, an FAA-regulated flight school may not train a foreign student until the federal government has determined the student poses no threat to aviation or national security. The...
The Governor’s Race Isn’t the Race: Why Trump Came to Garden City
President Donald Trump landed on Long Island Friday afternoon for remarks at the Nassau County Police Academy Center for Training and Intelligence in Garden City, joined by Attorney General Todd Blanche and FBI Director Kash Patel. The stated purpose was public safety: a tour of county law enforcement facilities and an announcement built around preliminary FBI data showing violent crime...
Oracle Borrowed Its Way Into the AI Trade. The Credit Market Is Now Pricing the Risk.
Introduction Oracle Corporation has spent the past year converting a database and enterprise software business into one of the largest debt-financed infrastructure builds in corporate history. The bet is anchored to a single customer: OpenAI. The equity market has already repriced that bet. Oracle shares peaked at $345.72 in the third quarter of 2025 and touched a 52-week low of...
The $14 Billion Story That Ate Itself: How Beyond Meat Went From the Decade’s Hottest IPO to a 1-for-30 Reverse Split
Beyond Meat, Inc. (NASDAQ: BYND) announced on Tuesday, Aug. 11, 2026, that its board had selected a 1-for-30 reverse stock split, consolidating every 30 shares into one in an effort to regain compliance with Nasdaq’s minimum bid price requirement. The split takes effect at 11:59 p.m. Eastern on Aug. 13, with split-adjusted trading beginning Aug. 14 under the same ticker....
The Great Equalizer Comes Home: Cheap Drones, Crowded Skies, and No Way to Tell Friend From Foe
Over eleven weeks this summer, the FBI seized more than 700 drones the largest federal drone enforcement operation in American history. Agents worked restricted airspace around World Cup stadiums in eleven cities, tracked operators to their homes, and filed federal charges. It was, by any measure, the most concentrated counter-drone effort the country has ever mounted. What it caught was...
France Bans Cold Calls. Would the United States Follow — and Who Would Pay the Bill?
France’s ban on unsolicited telemarketing calls takes effect Tuesday, Aug. 11, 2026, replacing the country’s opt-out registry with a rule that requires businesses to obtain a consumer’s consent before dialing. Individuals who place illegal calls face fines up to €75,000 (about $87,000) per call. Companies face up to €375,000 (about $435,000) per call. The law, backed by President Emmanuel Macron’s...
85 Days Out: The DSA Is on the November Ballot, and Both Parties Think That Helps Them
Eighty-five days before Americans vote on November 3, the sharpest unresolved question in American politics is not which party controls Congress. It is which faction controls the Democratic Party — and whether the answer costs Democrats the majorities they are otherwise favored to win. The Democratic Socialists of America entered this cycle with two members in the U.S. House of...
Five Months In: Walmart’s Vizio Account Requirement and the Race to Buy Consumer Data
Since mid-March 2026, Walmart has required owners of select new Vizio televisions to sign in with a Walmart account before they can finish setting up the television or use its smart features. The retailer announced the change on March 23, 2026, at the IAB NewFronts, the annual event where media companies pitch advertisers on the coming year’s inventory. The requirement...
The Canary in the Coal Mine: Retail Margin Debt Hits a Record $1.5 Trillion
American investors now owe their brokers a record $1.5 trillion. That figure comes from the Financial Industry Regulatory Authority’s margin statistics, which reported $1,502,072 million in debit balances in customers’ securities margin accounts for June 2026. It was a 6.1% increase from May and a 49.0% increase from a year earlier, and the highest reading in a series that runs...