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Economy & Finance

Carney Cracks: Canada Has ‘No Intention’ Of Pursuing Free Trade Deal With China After Trump Threatens 100% Tariffs

Carney Cracks: Canada Has ‘No Intention’ Of Pursuing Free Trade Deal With China After Trump Threatens 100% Tariffs Canadian Prime Minister Mark Carney says Canada has “no intention” of pursuing a free trade deal with China, after Donald Trump threatened to slap a 100% tariff on Canadian exports if Ottawa “makes a deal” with Beijing.  […]

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Minnesota Business Owner Claims ICE Will Start ‘Putting People In Ovens’

Minnesota Business Owner Claims ICE Will Start ‘Putting People In Ovens’ Authored by Steve Watson via Modernity.news, An unhinged leftist business owner from Minnesota told CNN’s Jake Tapper that there is no question ICE is running “concentration camps” and that federal officers could start “putting people in ovens” soon. Tapper was platforming the deranged lunatic

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Nvidia Ramps Up CoreWeave Investment, Another $2 Billion To Accelerate AI Factories Buildout

Nvidia Ramps Up CoreWeave Investment, Another $2 Billion To Accelerate AI Factories Buildout Nvidia increased its investment in CoreWeave to accelerate the buildout of AI factories, adding more than 5 gigawatts of AI computing capacity by 2030. This builds on an existing agreement under which Nvidia has committed to buy more than $6 billion in

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Futures Rebound From Session Low Amid FX Mayhem As Earning Avalanche, Govt Shutdown Loom

Futures Rebound From Session Low Amid FX Mayhem As Earning Avalanche, Govt Shutdown Loom US equity futures are weaker but have retraced much of their overnight lows as geopolitics and USD/JPY roil markets ahead of a significant earnings week, as Mag7 earnings reports kick off this week.As of 8:15am, S&P futures are down 0.1% while

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Core Durable Goods Orders Rise For 8th Straight Month

Core Durable Goods Orders Rise For 8th Straight Month US Durable Goods Orders soared 5.3% MoM in (admittedly very lagged due to the shutdown) preliminary November data (significantly exceeding the 4.0% MoM expected and a major rebound from October’s 2.1% MoM decline), boosted by bookings for commercial aircraft and other capital equipment. Source: Bloomberg That big

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Pentagon Releases New Defense Strategy: 4 Things To Know

Pentagon Releases New Defense Strategy: 4 Things To Know Authored by Ryan Morgan via The Epoch Times (emphasis ours), The Pentagon released its new National Defense Strategy late on Jan. 23, placing the homeland and a surrounding sphere of influence as the top priority for the U.S. military. Defense Secretary Pete Hegseth speaks during the

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Post-Winter Storm, Deep-Freeze Pushes Power-Grids To Brink As Feds Move To Avert Blackouts

Post-Winter Storm, Deep-Freeze Pushes Power-Grids To Brink As Feds Move To Avert Blackouts The major winter storm that dumped heavy snow and ice across much of the eastern US is finally over, but the cold-weather danger is far from over. Roughly 185 million Americans remain under winter alerts today as Arctic air continues to pour

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EU Launches New Probe Into Musk’s AI Chatbot Grok

EU Launches New Probe Into Musk’s AI Chatbot Grok The European Commission has opened a new formal investigation into Elon Musk’s X under the Digital Services Act (DSA) and expanded a separate probe launched in December 2023. “The new investigation will assess whether the company properly assessed and mitigated risks associated with the deployment of

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Erosion Of Freedom In The EU: From Censorship To Centralized Power

Erosion Of Freedom In The EU: From Censorship To Centralized Power Submitted by Thomas Kolbe The European Union has increasingly fallen on the defensive in foreign policy. Domestically, the Green Deal has significantly damaged the economic foundation. Together with its main pillars Berlin and Paris, the Brussels-based EU Commission is pushing forward the systematic construction

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Three Lessons From Venezuela’s Economic Collapse

Three Lessons From Venezuela’s Economic Collapse Authored by Matthew Mitchell via TheDailyEconomy.org, President Trump has accepted the Nobel Peace Prize that was awarded to Venezuela’s opposition leader, María Corina Machado. Unlike Machado, however, he does not accept the central lessons that can be gleaned from five decades of Venezuelan misrule. There are three.  Lesson 1:

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