Economy & Finance

Bank Of America, JPMorgan Chase To Match $1,000 Contributions To Children’s Accounts Authored by Andrew Moran via The Epoch Times (emphasis ours), Bank of America and JPMorgan Chase said on Jan. 28 that they would match the U.S. government’s one‑time $1,000 contribution to children’s retirement accounts – also known as Trump Accounts – for eligible employees. […]

SBA Suspends More Than 1,000 Companies From Federal Contracting Program Authored by Kimberley Hayek via The Epoch Times, The U.S. Small Business Administration (SBA) has suspended more than 1,000 companies from a key federal contracting program aimed at aiding disadvantaged businesses, after the firms failed to submit required financial documents, the agency announced Wednesday. The

Israeli, Saudi Officials Swarm DC As Trump Weighs Iran Strike Options Senior Saudi and Israeli defense and intelligence officials are converging on Washington this week as the Trump administration weighs potential US strikes on Iran, according to Axios. This as the same report also observes: “A ‘limited strike’ is an illusion. Any military action by

Mediocre 7Y Auction Tails Despite Solid Foreign Demand After a solid 2Y, and a dismal 5Y auction, moments ago the Treasury completed the sale of the week’s final coupon, and today’s sale of $44BN in 7Y paper was appropriately enough, mediocre at best, not terrible, not great, in the parlance of our times. The auction

AG Paxton Announces Investigation Into H-1B Visa Abuse Authored by Naveen Athrappully via The Epoch Times, Texas Attorney General Ken Paxton is probing the abuse of the H-1B visa program in the state, beginning with an investigation into three companies in North Texas, the attorney general’s office said in a statement on Jan. 28. Paxton

Worldcoin Spikes 40% As OpenAI Reportedly Plans Biometric X Rival Authored by Brian Quarmby via Cointelegraph, OpenAI-linked token Worldcoin spiked 40% on Wednesday following a report that the artificial intelligence firm is working on a bot-free social media platform that requires “proof of personhood.”   According to a Tuesday Forbes report citing sources familiar with the

Goldman Says “Good Opportunity To Buy Dip” In Obesity Drug Stocks Novo Nordisk shares in Europe appear to be forming a base after a 5.5-month bottoming process, following a mid-2024 peak and a subsequent 71% collapse. Goldman analyst Faris Mourad is telling clients this week that “obesity drugs narrative sentiment is on the rise” and

Sanity Returning To Global Oil Forecasts, But Damage Has Been Done; Expert Study Shows Authored by William Murray via RealClearEnergy, It can be hard to explain to a general audience how important the release of the World Energy Outlook (WEO) is to policymakers, energy companies and investors who make hundreds of billions of dollars in

Trump Officials Held Secret Meetings With Prominent Canadian Group Seeking To Secede A new bombshell report in Financial Times says that US officials have held recent talks with Canadian separatists seeking to break Alberta, Canada’s oil-rich western province, away from Ottawa. “Officials in the [US President] Donald Trump administration discussed loaning Alberta $500 million to break up