Economy & Finance

$92 Million In Banned AI Chips Went From Super Micro To Little Known Chinese Tech Company A little-known Chinese tech company saw its stock drop sharply after U.S. authorities charged a co-founder of Super Micro Computer with illegally smuggling advanced AI chips into China, according to Bloomberg.  The case is putting fresh focus on how […]

France’s Gig-Economy Built On Migrant Labor As 99% Of Surveyed Delivery-Riders Are Foreign-Born, Two-Thirds Are Illegal Authored by Thomas Brooke via Remix News, A major new study has found that France’s food delivery sector is almost exclusively staffed by migrant workers, a majority of whom are living in France illegally. The Enquête report, based on a survey

Washington, D.C. Will Feel Like June Next Week. Cue MSM Climate Doom Propaganda After a stretch of roller-coaster temperature swings across the Mid-Atlantic in March and early April, the midpoint of the month is now shaping up to be unusually warm, with highs that could exceed the region’s average for June. That kind of temperature

Half Of US Data Centers Scheduled To Start In 2026, Will Be Canceled Or Delayed Just over two years ago, we first penned our views on “The Next AI Trade“, which looked beyond the hyperscalers and the data centers supporting the AI revolution, and instead focused on the energy and logistical needs that would be

Pelosi’s Monster: The Creation And Destruction Of Eric Swalwell Authored by Jonathan Turley via jonathanturley.org, In Mary Shelley’s famous work, Dr. Frankenstein is asked, “Accursed creator! Why did you form a monster so hideous that even you turned from me in disgust?” This week, Rep. Eric Swalwell (D. Calif.), the leading Democratic candidate for California

Massie For Governor? GOP’s Libertarian Firebrand Talks Political Future On Friday the Ron Paul Institute (RPI) has highlighted an important and fresh interview touching on the Republican Rep’s political future: Governor Thomas Massie? – RPI’s Adam Dick asks. “A run for governor may be in the future for Rep. Thomas Massie (R-KY), but only if he first

Treasury, IRS Propose Rules For 1 Percent Remittance Tax On Some Money Sent To Foreign Countries Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Internal Revenue Service and the Department of the Treasury proposed regulations on Friday regarding the new excise tax, established under the One Big Beautiful Bill Act, on certain

All High Earners Need To Know About The Mega Backdoor Roth Authored by Javier Simon via The Epoch Times (emphasis ours), If done the right way, a mega backdoor Roth can allow investors to save in a workplace retirement plan such as a 401(k) beyond the typical contribution limits. High earners can use a mega

Oil Jumps, Stocks Dump As Peace Talks Fail, Hormuz Blockade Looms Before the ‘official’ futures markets opened, the risk-off tone (due to the failed peace talks and Trump’s threat to blockade Iranian vessels) was very evident in FX and crypto markets. Even given the usual caveats about thin liquidity, AUD/USD is down around 1%, a classic

“Create A Crisis”: American Association Of University Professors Sponsors Anti-ICE Campaign Authored by Jonathan Turley, “Create a crisis.” That call is made in a new campaign sponsored by the American Association of University Professors to force “colleges to drop their contracts with ICE’s key corporate enablers.” Despite years of criticism over the purging of faculty