Economy & Finance

Stockman Warns This Is Not Your Grandfather’s Stagflation Authored by David Stockman via The Brownstone Institute, It was pretty obvious even before February 28th that the US economy was grinding to a halt, even as inflation was already working up a head of steam. But then came war.  We are going to get a globe-shaking […]

Key Events This Week: CPI, PCE, Durable, FOMC Minutes And More In addition to Iran war developments, this week’s economic calendar will focus on the inflation side of the Fed’s dual mandate following a solid March employment report. The key data releases this week are the February durable goods report on Tuesday, the February PCE report

US Satellite Firm ‘Indefinitely Withholds’ Iran War Images Per Government Request Authored by Alan Mosley via AntiWar.com, Planet Labs says it will “indefinitely withhold” satellite visuals of Iran and the wider Middle East war zone after a request from the US government and the Trump administration. In an email to customers, the firm said it is shifting

Trump Admin Appeals Order Halting White House Ballroom Construction, Citing Security Concerns Authored by Ryan Morgan via The Epoch Times, The Trump administration on April 3 appealed a judge’s order to halt construction on a new White House ballroom, elevating security concerns associated with the project. On March 31, U.S. District Judge Richard Leon issued

“We Must Be Clear-Eyed”: Harris Calls To Oppose New SCOTUS Nominees “Before They Happen” Authored by Jonathan Turley, Former Vice President Kamala Harris is rallying Democratic donors to oppose  “additional justices” that might be nominated by President Donald Trump “before they happen.” Harris is heralding the fundraising by Josh Orton, president of the dark-money group “Demand

Futures Rise, Oil Drops On Report Of Ceasefire Push US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of

Hormuz Sees 15 Ships Transit In 24 Hours As Two Tankers With Qatari LNG Make Sudden U-Turn President Trump on Sunday warned Tehran to “Open the Strait” and make a deal by the end of Tuesday, or the U.S. military would “blow everything up” and “take over the oil.” Meanwhile, Iran rejected Trump’s ultimatum to

JPM’s Dimon Warns Of “Skunk At Party,” Talks Credit Cycles, Touts U.S. Military Power JPMorgan CEO Jamie Dimon began his annual shareholder letter on Monday by tying the bank’s legacy to the nation’s history: “In 2026, America is celebrating its 250th anniversary. This year, we are also celebrating the 227th anniversary of JPMorgan Chase, which

Slower EV Sales Will Be The “New Normal” For Tesla Amidst AI, Robotics Push Tesla Inc. is increasingly betting its future on AI, autonomy and robotics — but it still depends on selling cars to finance that shift, and that core business is under pressure, Bloomberg reported this week.  Wall Street estimates point to roughly

EU Parliament Shocks Brussels: Chat Surveillance Rejected, Deportation Centers Approved Submitted by Thomas Kolbe Brussels’ assault on industry and small-to-medium businesses is a child of German ideology. This applies not only to the absurd climate battle; German statism also reveals itself in the proposed spying system of EU-wide chat surveillance. The open-border policies, executed in