Economy & Finance

Charlottesville: The Deceit Underlying The Hoax Authored by Steve Cortes via RealClearPolitics.com, For years, Democratic politicians and their allies in the legacy media have spread the damnable Charlottesville Hoax: the propaganda myth that President Trump praised bigots who rioted in 2017 in the Virginia town. Of course, the opposite is true, as Trump actually said: “I’m not […]

California’s Billionaire Tax Proposal Has ‘Slippery Slope’ Lever California’s latest effort to tax its richest residents into leaving is barreling toward the ballot – only this time, it’s got a built-in ‘slippery slope‘ lever once voters hand them the keys. Backers of the proposed “billionaire tax” say they have already cleared the first hurdle, gathering more than

SBA Sends 562k Pandemic Loans To Bessent For Collections Totaling $22 Billion The U.S. Small Business Administration (SBA) has announced a sweeping enforcement action targeting suspected pandemic-era loan fraud, referring more than 562,000 borrowers tied to $22.2 billion in delinquent loans to the U.S. Department of the Treasury for collection, according to the Small Business

The Reality Behind US-Iran Negotiations Authored by Bryan Brulotte via The Epoch Times, The current negotiations between the United States and Iran are being misread as a chaotic exercise in brinkmanship. They are not. They are the predictable endgame of a contest in which leverage has shifted decisively, and in which one side is now

Ilhan Omar Probe Expands Into Hubby’s $30M Of Shady Biz Deals In Kenya, Dubai And Somalia House Oversight Chairman James Comer is cranking the investigation into Rep. Ilhan Omar’s husband, Tim Mynett, into overdrive – demanding a full accounting of shadowy international business trips and deals that stretch from the Horn of Africa straight into

Maine Governor Vetos Data Center Moratorium, Citing Job Creation And Economic Growth Maine Governor Janet Mills has vetoed a bill that would have temporarily limited the development of large data centers across Maine, despite expressing support for a broader pause on such projects, according to Maine’s website. The governor said she would have approved the

Bessent Defends US Dollar Swap Lines As UAE Considers Formal Funding Request Several Gulf countries have discussed receiving dollar swap lines from the US, the WSJ reported last week. In the near term, there is an economic drag if volumes of oil and gas sales have fallen by more than the price effect can offset,

“The National Security Premium”: US Plan To Counter China In Critical Miners Could Drive Up Global Prices The US is pressing its allies to rethink how they source essential minerals, urging them to accept higher prices if it means reducing reliance on China, which currently dominates much of the global supply, according to a new

Futures Slide, Oil Jumps To 3 Week High After Iran Talks Collapse Stocks futures fell and oil and the dollar jumped in early trading, as risk sentiment was dented after Trump scrapped his envoys’ trip to Pakistan for Iran talks, breaking down momentum toward a second round of peace talks between the US and Iran,

War Schmwar By Peter Tchir of Academy Securities Markets have been almost totally dismissive of the conflict in Iran. Frankly, the number of countries, including oil-rich nations, that had been firing at each other seemed quite high, yet most markets shrugged it off. While the Strait remained closed, or blockaded, or blocked, the market remained