Economy & Finance

Another East Coast Storm Brewing After Widespread Power Outages Authored by Jack Phillips via The Epoch Times (emphasis ours), Another winter storm system may hit the East Coast this weekend, just days after a major storm brought widespread power outages due to ice and snow across a broad swath of the eastern United States. A […]

Virginia Judge Halts Democratic Plans To Redistrict State Before Midterm Elections Via American Greatness, A Virginia circuit court judge has ruled that state Democratic leaders have violated constitutional procedures in attempting to engage in retaliatory redistricting efforts before the midterm elections. Virginia Democrats had sought to create a constitutional amendment allowing them to redraw congressional

Iran Executes Suspected Israeli Spy In High-Stakes Act Of Defiance After stern warnings from President Trump, Iran has made clear it is not executing any protesters in the wake of the raging demonstrations and deadly unrest across Iranian cities which took place and grabbed world headlines earlier this month. Trump had earlier claimed that Iran

Fearing US Reprisals, Mexico Halts Oil Shipment To Cuba Via The Libertarian Institute Mexico’s state oil company, Pemex, has backed out of a planned oil shipment to Cuba, the country’s president appeared to confirm. The move comes after President Donald Trump insisted that “zero” oil would be sent to the island, and follows reports that

WTI Holds Gains After Winter Storm Sparks Biggest Total Inventory Draw Since October Oil prices hit a fresh four-month high this morning after President Trump threatened another attack on Iran, urging Tehran to negotiate a nuclear deal. “Hopefully Iran will quickly ‘Come to the Table’ and negotiate a fair and equitable deal,” Trump said in

Amazon Cuts 16,000 Jobs As Tech Layoffs Accelerate In 2026 Amazon is laying off about 16,000 more employees as it works to cut bureaucracy and respond to growing competition from AI. The move follows October’s 14,000 job cuts and the closure of its gaming unit. The company also announced it will shut down its Amazon-branded

USD Pops, Yen Drops As TsySec Bessent Says “Absolutely Not Intervening” US Treasury Secretary Scott Bessent told CNBC Sara Eisen this morning that “the US always has a strong dollar policy”. This statement comes after President Trump’s apparent ‘comfort’ last night with the dollar declining… When asked if he was worried about losses in the

Trump Unveils Mercantilism 101 By Benjamin Picton, Senior Market Strategist at Rabobank The de-Dollarisation meme rolled on yesterday as the Bloomberg Dollar spot index sank to its lowest reading since February of 2022. The fall became precipitous after Donald Trump was given an opportunity by journalists to talk up the Dollar, but instead replied “no,

“Not A Pullback”: Trump Dismisses Bovino Departure As Border Czar Homan Meets With Gov. Walz, Mayor Frey Authored by Aldgra Fredly via The Epoch Times, Border czar Tom Homan said on Jan. 27 that he met with Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey individually amid ongoing protests against federal immigration enforcement in

“America Is Back!!”: President Trump Celebrates S&P Topping 7,000 As ‘Gamma Wall’ Looms After continuously hitting the ‘Gamma Wall’ discussed by Goldman’s Brian Garrett… …the S&P 500 index opened higher this morning after strong results from ASML (and a slew of AI industry headlines), trading above 7,000 for the first time… President Trump took the