Economy & Finance

FCC Set To Vote on Easing Satellite Power Rules, Boosting SpaceX’s Starlink Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The Federal Communications Commission (FCC) announced Wednesday it will vote on an order to revamp satellite spectrum-sharing rules that would benefit low-Earth orbit broadband providers – and SpaceX stands to gain the most. The […]

Beijing Cries Foul Over Chinese Scientist’s Death Following Alleged US Interrogation – Feds Tight-Lipped China is accusing U.S. federal authorities of “hostile questioning” by US law enforcement following the death of a groundbreaking Chinese semiconductor researcher who fell to his death inside a University of Michigan building last month, while American law enforcement and university officials

The Economic Destruction Of Trump’s War Goes Far Beyond High Gas Prices Authored by Connor O’Keeffe via the Mises Institute, For the past six weeks, as this US-Israeli war with Iran has played out, the economic impact of the conflict has gotten a lot of attention. And rightfully so. As anyone who’s consumed any news

No Storybook Ending: Disney Plans Another Round Of Layoffs Disney turned a new chapter earlier this year when Josh D’Amaro took over the century-old entertainment giant from Bob Iger as chief executive. But the closely watched succession has occurred against the troubling backdrop of recent reorganization and a questionable turnaround effort, leaving Wall Street analysts

Texas Pacific Land Crashes After Largest Shareholder Dies Land-and-royalty company Texas Pacific Land Corp. crashed the most since early Covid after the head of its largest shareholder unexpectedly died.  Bloomberg reports that Murray Stahl, CEO of Horizon Kinetics and a TPL board member, died on Thursday, sending shares spiraling lower by 17% in late-afternoon trading.

Minneapolis Pushes To Legalize Sex Bath-Houses For Gay Somali Immigrants Authored by Steve Watson via Modernity.news, Minneapolis city leaders are barreling ahead with plans to legalize adult bathhouses and sex venues where consenting adults can engage in sexual activity, scrapping a 38-year ban enacted during the AIDS epidemic. The push, driven by activists, comes as

DOJ Opens Criminal Investigation Into J6 Committee Star Witness Cassidy Hutchinson Authored by Debra Heine via American Greatness, The U.S. Department of Justice (DOJ) has opened a criminal investigation into Cassidy Hutchinson, the former White House staffer who made a number of false claims about President Donald Trump before the January 6 Committee in June 2022. The

Medicore 30Y Auction Has First Tail Since November After a solid 3Y auction and a tepid 10Y auction earlier this week, moments ago the Treasury concluded the final coupon auction of the week, when it sold $22 billion in a 30 year reopening in what was another average auction. The sale stopped at a high

NYC Mayor’s ‘Racial Equity Plan’ Would Direct City Resources To ‘Black And Brown New Yorkers’ Authored by Bryan Hyde via American Greatness, Democratic New York City Mayor Zohran Mamdani has introduced a “racial equity plan” directing city resources to “black and brown New Yorkers” in an attempt to “confront institutional and systemic racism within our

GOP Blocks Congressional Democrats Attempt At Iran War Powers Vote (Update 1245ET): House Republicans thwarted Democrats’ attempt to unanimously restrict President Donald Trump’s war powers in Iran, declining to recognize the lawmaker who sought to offer it during a pro forma session Thursday. As Bloomberg reports, the forced-adoption attempt was destined to fail, but it previewed