Economy & Finance

Don Lemon Arrested By Federal Authorities Over Minnesota Church Protest Former CNN anchor Don Lemon was arrested by federal authorities late Thursday night on charges that he violated federal law when he entered the Cities Church in St. Paul, Minnesota and shoved a microphone in people’s faces to livestream reactions after activists stormed the church on Jan. 18.  The protesters, […]

US Producer Prices Unexpectedly Surged In December Following the cooler than expected Consumer Price Inflation, Producer Prices came in considerably hotter than expected at the headline level in December. PPI rose 0.5% MoM (vs +0.2% MoM exp), lifting headline PPI to +3.0% YoY. Source: Bloomberg Services costs dominated the rise in the headline PPI (not

Stocks Slide, Gold And Bitcoin Tumble After Trump Taps Warsh As Next Fed Chair US futures slumped, the dollar rallied sharply, the Treasury curve steepened with 10Y yield rising as high as 4.28% and gold and bitcoin tumbled on what was at first speculation and then confirmation, that President Trump is nominating Kevin Warsh –

Nvidia Aided DeepSeek AI Breakthrough With “Extensive Technical Support,” House China Chair Warns Congressman John Moolenaar (R-MI), chairman of the House Select Committee on the CCP, penned a letter to Commerce Secretary Howard Lutnick that Nvidia provided extensive technical support to DeepSeek, enabling the startup to achieve chatbot performance breakthroughs despite US export controls on

Trump And Senate Dems Strike Shutdown Deal Update (0950ET): President Donald Trump and Senate Democrats struck a deal to avert a prolonged shutdown for most of the federal government.  The deal will fund all of the government except DHS until September. DHS, meanwhile, will receive funding for two weeks while lawmakers negotiate changes following public outrage over two shootings in

“Ready For De-Escalation”: Zelensky Ready To Accept Energy Ceasefire If Putin Will Shortly after President Donald Trump said Thursday afternoon that Russia had agreed to pause strikes on Kiev and other Ukrainian cities for a week, Ukrainian President Volodymyr Zelensky said overnight that Ukraine is prepared to halt drone and missile attacks on Russia’s critical

Saudi Arabia Presses Royal Families To Bankroll Faltering Megaprojects Via The Cradle Saudi Arabia has begun pressing the kingdom’s wealthiest families to inject more capital into domestic ventures as flagship Vision 2030 megaprojects are scaled back or shelved, Bloomberg reported this week. The report said the Public Investment Fund (PIF), alongside the Ministry of Investment and other

“Doomsday Clock” Ticks Closer To Midnight The hands of the symbolic Doomsday Clock now stand at 85 seconds to midnight – closer to global catastrophe than ever before. The Doomsday Clock, or the Nuclear War Clock, represents how close we are veering towards global disaster at the hands of humans. As Statista’s Anna Fleck reports,

Births Plummet In China As Population Growth Stalls The number of new babies born in China dropped to 7.9 million in 2025, the lowest number in more than seven decades. This marked a 17 percent decline from one year before, when it was 9.5 million. As Statista’s Anna Fleck reports, according to the National Statistics