Economy & Finance

USDA Suspends All Payments To Minnesota’s Food Programs Over Suspected Fraud Authored by Jill McLaughlin via The Epoch Times, The U.S. Department of Agriculture (USDA) suspended payments for all federal food programs in Minnesota and Minneapolis Friday over alleged fraud and abuse of federal funds statewide. “Enough is enough!” USDA Secretary Brooke Rollins posted on […]

US And Venezuela Explore Restoring Diplomatic Ties After Maduro’s Capture Authored by Kimberley Hayek via The Epoch Times, The United States and Venezuela announced Friday they are pursuing the possibility of reestablishing diplomatic relations, coming a week after a U.S. military operation that captured former leader Nicolás Maduro in Caracas and extradited him to face

“Affordability!”: Trump Calls For Temporary 10 Percent Cap On Credit Card Interest Rates President Trump said on Jan. 9 that he would call for a one-year cap on credit card interest rates of 10 percent, potentially starting later this month, though its enforcement may depend on Congress. In a Truth Social post, Trump said that

Minneapolis ICE Shooting Shows Left Wing’s Protest Industrial Complex Wants Another ‘George Floyd’-Type Riot The latest iteration of the Democratic Party’s color-revolution-style operation was on full display in recent days as tensions erupted following the fatal shooting of a left-wing activist by an Immigration and Customs Enforcement (ICE) agent during a federal enforcement sweep in

US Trade Deficit Collapses In October: Structural Shifts In Global Trade Revealed Submitted by Thomas Kolbe The US economy managed to drastically reduce its trade deficit in October of last year. Data delayed due to the government shutdown highlight structural shifts in the global trade landscape. Reducing the massive trade deficit has been a primary

Trump To Meet Venezuelan Opposition Leader María Corina Machado Next Week President Trump plans to meet with Venezuelan opposition leader María Corina Machado next week during her planned visit to the United States. This development comes despite his earlier reluctance to back her for the country’s top leadership role. Trump told Fox News host Sean

UK Government Threatens Total Ban On X Over Grok Bikini Flap Authored by Steve Watson via Modernity.news, The UK’s Labour government under Prime Minister Keir Starmer has escalated its war on online expression, now openly threatening to ban Elon Musk’s X platform entirely. Using the pretext of Grok AI’s image generation capabilities, Starmer’s regime is

Economic Satisfaction Declines With Age More than four in ten adults in the United States view their personal financial situation positively. This is according to a new survey by Statista Consumer Insights, conducted between October 2024 and September 2025. You will find more infographics at Statista At 43 percent, this marks an increase of four percentage points

Germany’s Conversion To Planned Economy, War With Russia As Driver Submitted by Thomas Kolbe The president of the Kiel Institute for the World Economy, Moritz Schularick, makes no secret in an interview with the Neue Osnabrücker Zeitung that the signs are pointing toward a war economy. It is bizarre to witness how economists succumb to