Economy & Finance

Supreme Court Strikes Down Trump Tariffs – But He Has ‘Backup Plan’ The Supreme Court on Tuesday struck down Trump’s tariffs. In a 6-3 decision (170-pages), the court ruled that Trump’s use of the 1977 International Emergency Economic Powers Act (IEEPA) – which constitute about half of the tariffs we’ve seen under Trump – was not lawful. Kavanaugh, […]

Matt Taibbi: Epstein Files Are “Uniquely Destructive” To Both Political Parties Submitted by QTR’s Fringe Finance This week I interviewed Matt Taibbi at a moment when, as he put it, “this is a pretty weird time.” He had just learned that his outlet, Racket News, had been investigated by the British government using what he

Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But… While ‘hard’ data has been fading modestly in recent weeks, ‘soft’ survey data has bounced back but today we get a first glimpse at February’s PMIs from S&P Global to see if that survey-based confidence is continuing. It is not as

US & Chinese Fighter Jets In Rare Brief Face-Off Near Korea US and Chinese fighter jets engaged in a brief aerial standoff over waters near the Korean Peninsula this week, according to South Korean media, in a rare and dangerous incident that underscores ongoing simmering tensions between Washington and Beijing. Yonhap, citing military sources, reported

Agentic AI Isn’t Eating Software – It’s Feeding Market Volatility Authored by David Parsons via BondVigilantes.com, The sharp sell‑off across software names in recent weeks has prompted questions from investors, many centred on whether the rapid rise of agentic artificial intelligence marks the beginning of a deeper structural shift in enterprise technology. The catalyst was

Q4 GDP Unexpectedly Grows At 1.4%, Half Expected Pace, As Government Shutdown Slams Growth There was a big surprise at 8:30am ET when the BEA reported the (delayed) GDP print for the last quarter of 2025: With consensus expecting a 2.8% print  (and the Atlanta Fed GDPNow model even higher) which would already be a

FBI Director Kash Patel Says Bureau Uncovered Antifa Funding Sources Authored by Jack Phillips via The Epoch Times (emphasis ours), FBI Director Kash Patel said on Feb. 18 that the law enforcement agency uncovered what he said are funding sources tied to antifa organizations, suggesting that more enforcement actions could come against the left-wing movement.

At the Auditorium Conciliazione in Rome, the National Assembly celebrated the Federation’s 80th anniversary, with speeches from ministers, institutional representatives, and political leaders. “We are asking the Government for an extraordinary plan to introduce managerial structures in 20,000 small and medium-sized enterprises over the next ten years, in order to double the number of Italian