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Economy, business, innovation

Economy & Finance

Justice Department Counters Russian Military Intelligence Unit Attack On US Targets

Justice Department Counters Russian Military Intelligence Unit Attack On US Targets Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The Justice Department and FBI on Tuesday revealed they have conducted a court-approved technical operation to neutralize part of a network of small office and home office routers in the United States that become […]

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Sen. Graham Urges Congressional Iran Vote…On Approving Peace, Not War

Sen. Graham Urges Congressional Iran Vote…On Approving Peace, Not War This is definitely in you really can’t make this up(!) territory… Sen. Lindsey Graham is actually calling for a Congressional vote, but not concerning a War Powers Resolution.  Instead, he has called for Congress to review and vote on any diplomatic agreement ending the war with what he

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The New Financial Iron Curtain: Taxes, Capital Controls, & The War On Your Wealth

The New Financial Iron Curtain: Taxes, Capital Controls, & The War On Your Wealth Authored by Chris Macintosh via InternationalMan.com, There is a term called “gating” in the fund management world. It refers to blocking investors from redeeming their funds. Funds do this sometimes as a precaution… and other times when they are in the

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No Real People Were Polled: AI Is Now Fabricating What “The Public Thinks”

No Real People Were Polled: AI Is Now Fabricating What “The Public Thinks” The other day Axios ran a piece that cited “findings” that a majority of people trusted their doctors and nurses. Turns out, those “findings” were completely fabricated by a company called Aaru – using AI (causing Axios to issue an editor’s note and ‘clarification’)Aaru uses something they call

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Stablecoin Yields Won’t Harm Banks, White House Economists Say

Stablecoin Yields Won’t Harm Banks, White House Economists Say Authored by Amin Haqshanas via CoinTelegraph.com, A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides. According to the Council of Economic Advisers, a three-member agency within the Executive Office of the President tasked

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Mexico Truckers Block Key Freight Routes In Nationwide Strike

Mexico Truckers Block Key Freight Routes In Nationwide Strike By Noi Mahoney of FreightWaves, A nationwide strike by Mexican truckers and farmers blocked major highways and freight corridors across Mexico on Monday, disrupting access to Mexico City, industrial zones and several U.S.-Mexico border crossings. The protest, organized by the National Association of Transporters (ANTAC) and

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Kevin Plank’s Unsellable Thoroughbred Race Farm Sees Another Deep Price Cut

Kevin Plank’s Unsellable Thoroughbred Race Farm Sees Another Deep Price Cut Under Armour CEO Kevin Plank has once again cut the asking price on his massive thoroughbred racing farm in northern Baltimore County, Maryland, as the historic farm – once owned by the Vanderbilt family – continues to sit on the market amid a series

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FOMC Minutes Signal Fed Saw “Dual Sided” Risks From Iran War

FOMC Minutes Signal Fed Saw “Dual Sided” Risks From Iran War Since the last FOMC meeting (March 18th), a lot has happened (war, more war, and now less war), and rate-change expectations hawkishly surged, then dovishly normalized today… And given the last 24 hours, perhaps this information is more useful now, as we return to

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Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire

Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire A trader who made a large bet on a stocks rocketing in the coming weeks is up about $23 million in paper profit today, according to Bloomberg. The unknown trader spent $12 million premium on 6800 lots of 6950 S&P

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