Economy & Finance

Russia Vows To ‘Fill China’s Energy Resource Gap’ Amid Hormuz Crisis In Lavrov-Xi Meeting At a moment it remains a serious open question over just how vulnerable China is to the Hormuz Strait crisis, and now with the US-imposed US naval blockade of the vital oil transit waterway, Russian Foreign Minister Sergey Lavrov is in Beijing pledging […]

Tax Freedom Day Underestimates How Long You Work For The Government Authored by Jonathan Newman via The Mises Institute, Tax Freedom Day, calculated by the Tax Foundation, “represents how long Americans as a whole have to work in order to pay the nation’s tax burden.” It appears that they stopped publishing this in 2019, but others

Iran War Leads To Fluoride Shortages For Some US Water Utilities Authored by Zachary Stieber via The Epoch Times, Multiple water providers have lowered the amount of fluoride they add to water for millions of Americans, amid shortages stemming from the U.S.–Iran war. The Baltimore City Department of Public Works said on April 13 that

Iran Used Chinese Spy Satellite To Target US Bases During War, Outraged Beijing Denies Iran quietly secured a Chinese spy satellite in late 2024 and used it to track US military bases across the Middle East during the current war, the Financial Times has newly – an allegation Beijing has flatly and angrily denied. The

Watch: Vance Pledges Probe Into Epstein ‘Pizza’ And ‘Grape Soda’ References Authored by Steve Watson via Modernity.news, Vice President JD Vance has publicly committed to investigating references in the Jeffrey Epstein files that he says evoked the Pizzagate conspiracy theory, citing emails mentioning “pizzas or grape sodas” in odd contexts. His remarks come as Acting

Foggy, Foggy War By Michael Every of Rabobank With US stocks up, the Nasdaq with its longest winning streak since 2021, and screen oil down for a second day in a row, markets continue to price the starkly binary physical outcomes smack in front of us on the side that’s full of stardust. The IMF

Eos Energy Soars As Investors Focus On Zinc Batteries And AI-Driven Demand Eos Energy Enterprises’ stock jumped over 60% in the last few days as investor enthusiasm grew around its scaling production and role in powering AI-driven infrastructure demand, according to the International Business Times. The company designs, develops, manufactures, and markets energy storage solutions

BofA Sees Customer Gas Spending Jump 16%, But Discretionary Spending Holds Up The national average for 87-octane gasoline has remained above the politically sensitive $4-a-gallon level for two straight weeks after the largest monthly jump in AAA data going back two decades. The fuel shock has Wall Street analysts focused on whether surging pump prices

OpenAI’s Stratospheric Valuation Draws Investor Scrutiny As It Scrambles To Capture Enterprise Market OpenAI, fresh off the largest private fundraising round in history, is facing mounting questions from some of its own backers over its $852 billion valuation and a whiplash-inducing pivot in strategy that prioritizes the higher-margin enterprise market at the expense of its consumer

Jet-Ski Maker Crashes Most On Record As “Mind-Blowing” Tariff-Hit Sparks Worst-Case Scenario Fears BRP’s US-listed shares crashed the most on record as the US cash session began, after the jet ski and snowmobile maker withdrew its financial outlook. The company warned that changes in the US tariff environment surrounding steel, aluminum, and copper could result in