Economy & Finance

Hormuz Traffic At Standstill After US Ship Seizure Confirming the Schrodinger nature of the notorious waterway, the Strait of Hormuz is now just closed even more than before Iran and the US said the vital oil channel had been reopened. Traffic through the strait on Sunday and Monday was reduced to a trickle following a […]

‘Wright Is Wrong’: Trump Rejects Energy Secretary’s Comment That Gas Prices May Not Drop Under $3 Until 2027 Pain at the pump might not ease up for American consumers until 2027, according to Energy Secretary Chris Wright, who said on April 19 that the price of a regular gallon of gas could stay above $3

Market Lesson: Why Panic Is A Costly Mistake Authored by Lance Roberts via RealInvestmentAdvice.com, The Iran shock erased 18% from valuations and fully recovered in two weeks. Investors who panicked missed it all. Here’s what the market lesson is about: risk management, behavior, and what to do with your portfolio right now. The stock market

Supply Chain What? The NSA Is Using Anthropic’s Mythos According To Report Two months after the Department of War declared Anthropic a “supply chain risk” and moved to several all ties with the AI wunderkind, the National Security Agency (NSA), which falls under DoW, is using it according to Axios.  According to the report, the nation’s top surveillance

CBP To Begin First Phase Of Tariff Refunds Following Supreme Court Ruling Authored by Aldgra Fredly via The Epoch Times, U.S. Customs and Border Protection (CBP) is set to begin the first phase of its refund process for certain tariffs on April 20, following a ruling by the Supreme Court in February. CBP will deploy

Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit Last November, we warned that storms clouds were gathering over the torrid, and in some cases chaotic, rollout of US data centers, after Fermi’s massive 11 GW energy and data center project in Texas, called Project Matador, which the company has envisioned to be

Anti-ICE Protestors Face Trial After Judge Denies Dismissal Of Federal Charges Authored by  Bryan Hyde via American Greatness, Three defendants who took part in an anti-Immigration and Customs Enforcement (ICE) protest last year are headed to federal trial on May 18 after a judge denied their motions to dismiss the case. The defendants were part

Chicago Man Sentenced To 25 Years For Conspiring With ISIS Authored by Naveen Athrappully via The Epoch Times, Ashraf Al Safoo from Chicago has been sentenced to 25 years in federal prison for conspiring to provide material support to ISIS, which involved recruiting members into the terror group and encouraging attacks on its enemies. Al

FBI Director Kash Patel Files $250 Million Defamation Lawsuit Against The Atlantic, Reporter FBI Director Kash Patel filed a $250 million defamation lawsuit Monday against The Atlantic magazine and its national-security reporter Sarah Fitzpatrick, escalating a high-profile clash over a Friday article that alleged Patel’s “erratic behavior,” excessive drinking, and unexplained absences have alarmed colleagues

Aluminum Giant Alcoa To Sell Dormant Smelter To Bitcoin-Miner NYDIG: Report Authored by Amin Haqshanas via CoinTelegraph.com, US aluminium giant Alcoa is reportedly nearing a deal to offload its long-idle Massena East smelter in upstate New York to Bitcoin mining firm New York Digital Investment Group (NYDIG). The company is in advanced discussions and expects