Economy & Finance

China Has Officially Overtaken Tesla In The Global EV Race Chinese automakers, led by BYD, are rapidly reshaping the global electric-vehicle market and challenging long-established brands such as Volkswagen, Toyota, BMW—and even Tesla, according to the Wall Street Journal. Once dismissed by Western buyers, Chinese EVs are now gaining wide acceptance. “These Chinese cars look […]

‘Saving The Family’ Should Start With Sound Money Authored by Jeffery L. Degner and Thomas Savidge via TheDailyEconomy.org, In the opening week of 2026, several scholars at the Heritage Foundation published a special report titled “Saving America by Saving the Family: A Foundation for the Next 250 Years.” This 168-page document covers myriad policies that negatively

The EU-US $800BN Postwar Ukraine ‘Prosperity’ Plan Which Should Outrage MAGA Ukraine is now begging the EU and US for $1.5 trillion over the next 10 years at a moment its prospects on the battlefield look no better than a year ago. This reportedly includes an ask of $800 billion for “reconstruction” and $700 billion

AI-Induced Cultural Stagnation Is No Longer Speculation − It’s Already Happening Authored by Ahmed Elgammal, via The Conversation Generative AI was trained on centuries of art and writing produced by humans. But scientists and critics have wondered what would happen once AI became widely adopted and started training on its outputs. A new study points to some answers. In

In Humiliating Retreat, Starmer Forced To Pull Chagos Bill After Trump Backlash Trump wins again – or rather, Europe caves again. On Friday UK Prime Minister Keir Starmer was forced into an abrupt and humiliating retreat after his plan for the Chagos Islands detonated backlash in Washington. Starmer had been preparing to ram the controversial

With Control Of Virginia, Democrats Go Into A Tax And Regulatory Frenzy Authored by Jonathan Turley, In the last election, Democrats again campaigned as moderates, including Abigail Spanberger. Once in control of the Governor’s mansion and the legislature, however, Virginia Democrats have moved quickly to fulfill the worst stereotype of a tax-hungry, economy-crushing party. The

New Gig Economy Job: Train AI That Replaces You A Bay Area startup called Mercor has hired tens of thousands of white-collar contractors for temporary work, training artificial intelligence to perform the very jobs many of them once held, according to a new Wall Street Journal report. In effect, these white-collar workers are being paid

Crypto Takeaways From Davos: Politics And Money Collide Authored by Yohan Yun via CoinTelegraph.com, While geopolitical tensions and the Greenland standoff set the tone at Davos 2026, crypto resurfaced as a secondary but consequential theme. US President Donald Trump used a few minutes of his Davos speech to double down on his ambition to turn

The Case Against Declaring Artificial General Intelligence Authored by Lewis Liu via CityAM.com, Today’s AI systems fail badly in out-of-distribution scenarios, as shown by their inability to interpret real-world geopolitical crises. Large language models reflect the ideological biases of their creators, undermining claims of neutral “general” intelligence. The real economic opportunity lies in tightly governed