Economy & Finance

Mamdani’s Tax Plan Is A Warning To America: Counterproductive And Regressive Authored by Daniel Lacalle, Zohran Mamdani’s tax package is a warning to America. It is what you may expect when the radical left takes power. Demolition of the private sector and destruction of potential growth and jobs. Mamdani’s plan is not ambitious nor innovative; […]

Explosives Found Near Key Serbia-Hungary Pipeline Transporting Russian Gas Serbian President Aleksandar Vucic informed Hungarian Prime Minister Viktor Orban by phone on Sunday that explosives were discovered near a key pipeline carrying Russian gas from Serbia to Hungary. “Our units found high-powered explosives and detonators,” Vucic wrote on Instagram after briefing Orban on the military

Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN Over the long weekend, we reported that with traffic across the Hormuz strait continuing to rise, and reaching the highest since the war began, one particularly favorable development was Iran’s permission for Iraqi ships to use

Artemis II Astronauts Set For Historic Lunar Flyby: What To Know Authored by T.J.Muscaro via The Epoch Times, Astronauts are back in lunar space for the first time in more than 50 years. Artemis II’s Orion spacecraft, Integrity, crossed into the Moon’s gravitational influence at approximately 12:41 a.m. ET on April 6, officially making NASA’s

The 28th Amendment: Is It Time For A New Amendment On The Meaning Of Citizenship? Authored by Jonathan Turley, “Well, it’s a new world. It’s the same Constitution.” Those words from Chief Justice John Roberts during this week’s oral arguments signaled that the conservative justices are unlikely to reject birthright citizenship. Of course, nothing is certain until

Prices Jump, Employment Dumps As US ISM Services Disappoints In March The last six months or so has seen S&P Global’s and ISM’s Services PMI surveys diverge dramatically (former at three year lows, latter near four year highs). But, following S&P Global’s Services PMI plunge into contraction in March, ISM’s Services PMI actually ‘agreed’ and

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