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Economy & Finance

Fed Chair Nominee Kevin Warsh Reveals Assets Worth Over $190 Million

Fed Chair Nominee Kevin Warsh Reveals Assets Worth Over $190 Million Trump’s nominee for next Fed Chair, Kevin Warsh, disclosed assets with his wife, heiress Jane Lauder, that total at least $192 million, though – according to Bloomberg – “the actual figure for their holdings is certainly much higher”, underscoring the extent of his close […]

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Secretary Wright Sees “Few More Weeks” Of High Gas Price As Memorial Day Travel Nears

Secretary Wright Sees “Few More Weeks” Of High Gas Price As Memorial Day Travel Nears Energy Secretary Chris Wright appeared on Fox News on Tuesday morning and said, “Yes, we have gas prices today over $4 a gallon. That’s still a dollar less than they were during the Biden administration, and we’re ending the 47-year

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USA Rare Earth Actively Pursuing Acquisition Opportunities Around The World

USA Rare Earth Actively Pursuing Acquisition Opportunities Around The World At the Semafor World Economy forum, USA Rare Earth CEO Barbara Humpton explained that the company is actively pursuing acquisition opportunities worldwide across the entire critical minerals supply chain. This includes everything from extraction and refining to magnet production. Highlighting the company’s international strategy, she

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Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock

Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock The global demand destruction playbook we outlined last month, describing how the Gulf energy shock would spread across continents, is now materializing on a large scale. The International Energy Agency said in a Tuesday update that global oil demand will decline this year for

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Appeals Court Terminates Criminal Contempt Proceedings Against Trump Admin

Appeals Court Terminates Criminal Contempt Proceedings Against Trump Admin Authored by Stacy Robinson via The Epoch Times (emphasis ours), An appeals court has put a stop to criminal contempt proceedings initiated by a district judge against the Trump administration. District Judge James Boasberg, chief judge of the District Court for the District of Columbia, stands

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Et Tu, Indonesia!

Et Tu, Indonesia! As the squeeze continues on China’s energy supply (and Xi has started to lash out here and here), we suspect the next words out of the Chinese leader’s mouth (if he spoke Latin) will be “…et tu, Indonesia!” As Stephen Green writes at PJMedia, it might have seemed like one of those

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US Carrier Takes Long Route To Gulf To Avoid Bab el-Mandab Strait And Houthis

US Carrier Takes Long Route To Gulf To Avoid Bab el-Mandab Strait And Houthis By Mallory Shelbourne of USNI News Aircraft carrier USS George H.W. Bush (CVN-77) is operating off the coast of Namibia, as it sails around the African continent and is set to join a growing naval force in the Arabian Sea amid

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La Marxista: Mamdani Pledges To Open First City-Run Store With Projected $30 Million Initial Cost

La Marxista: Mamdani Pledges To Open First City-Run Store With Projected $30 Million Initial Cost Authored by Jonathan Turley, Mayor Zohran Mamdani used his “First 100 Days” speech this week to announce that he has kept his promise to create a chain of city-run stores . . . by pledging to open one store sometime

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DEI Practices Reduce Productivity, Cost $94 Billion Annually: White House Economic Report

DEI Practices Reduce Productivity, Cost $94 Billion Annually: White House Economic Report Authored by Travis Gillmore via The Epoch Times, Diversity, equity, and inclusion practices negatively impacted the U.S. economy, according to the 2026 White House Economic Report released April 13.  Researchers calculated that DEI policies reduced output and lowered the country’s gross domestic product

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China Rejects ‘Baseless Smear’ It’s Sending Weapons To Iran After Trump Warned Of ‘Big Problems’

China Rejects ‘Baseless Smear’ It’s Sending Weapons To Iran After Trump Warned Of ‘Big Problems’ China has dismissed reports that it supplied or plans to supply weapons to Iran as “baseless smears,” after multiple outlets cited US intelligence accusing Beijing of potentially entering the war indirectly. “China has always adopted a cautious and responsible attitude

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