Economy & Finance

Indiana Governor Signs Bill Allowing Crypto In Retirement Plans Authored by Stephen Katte via Cointelegraph, Indiana will start allowing certain retirement and savings plans to include crypto investments and has enacted stronger legal protections for the crypto industry under a newly signed bill.  Governor Mike Braun signed House Bill 1042 into law on Tuesday, after […]

UBS Discusses Next Maritime Chokepoint Investors Should Watch A lot of attention has centered on the Strait of Hormuz since the waterway was effectively shut not only by the IRGC drone threat, but mostly because maritime insurers are withdrawing war-risk coverage across the region. Our focus now shifts to the other critical maritime chokepoints. If

The Passive Aggressive Market: Bogle’s Warning Came True Authored by Michael Lebowitz via realinvestmentadvice.com, Since the pandemic, the line between passive investing and aggressive speculation has blurred. The current bout of speculative fervor extends beyond financial markets. For instance, we see the same impulse in the explosion of sports betting and the surge in event-betting

China Guides Down: Beijing Drops Economic Growth Target To Lowest Level In 35 Years China just admitted what we’ve been reporting for years: the old growth engine is sputtering, and the world’s second-largest economy is officially shifting into a lower gear. At the opening of the National People’s Congress (NPC) on Thursday, Premier Li Qiang

Oil Is “Beginning To Flow” From Venezuela, Trump Says Authored by Naveen Athrappully via The Epoch Times, Oil is “beginning to flow” from Venezuela, with the United States and Venezuela engaging in a professional and dedicated manner on the issue, President Donald Trump said in a March 4 post on Truth Social. “Delcy Rodríguez, who

White House Crypto Advisor Counters Jamie Dimon’s Stablecoin Yield Logic Authored by Danny Park via The Block, Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, made a statement in response to JPMorgan CEO Jamie Dimon’s recent comment on stablecoin yields. Earlier this week, Dimon said in an interview with

Tampons In Netflix Men’s Room Torpedo’d Bid To Takeover Warner Bros: Report Authored by Steve Watson via Modernity.news, Netflix’s aggressive bid to swallow Warner Bros. Discovery hit a wall last week, with a “tampon incident” playing a key role in turning Republican lawmakers against the deal. As details emerge, it’s clear the virtue-signaling stunt of

“Pissed” Trump Fires Kristi Noem, Replaces With Markwayne Mullin Aaaaaand, she’s gone… Moments ago Bloomberg reported that Trump has named Sen. Markwayne Mullin (R-OK) to replace Noem.  Trump posted the following on Truth Social: “I am pleased to announce that the Highly Respected United States Senator from the Great State of Oklahoma, Markwayne Mullin, will become the

Oracle Prepares To Axe Thousands Of Jobs In New Layoff Round Shares of Oracle moved lower in New York shortly after lunchtime after Bloomberg News reported that the company is preparing to lay off thousands of workers as it spends aggressively on AI data center buildouts. The timing is not ideal: credit markets are starting

Stocks Tumble On Report US Plans Licenses For Global Chip Exports In addition to real war with Iran, Trump appears set to restart the simmering trade war with China.  According to Bloomberg, US officials have written draft regulations that would restrict AI chip shipments to anywhere in the world without American approval, giving Washington broad