The June Jobs Report Just Confirmed What Workers Already Knew: This Economy Is Running on Fumes
The U.S. economy added just 57,000 jobs in June, less than half the 115,000 economists had projected, […]
Economy
Strong Currency vs. Weak Currency: Which Is Better?
Most folks assume a “strong” currency must mean a country is doing well. Is success tied to
Strong Currency vs. Weak Currency: Which Is Better? Read More »
Congress Passes Landmark Housing Bill That Bans Private Equity From Buying Single-Family Homes
Congress sent the largest housing affordability package in decades to President Trump’s desk on Tuesday after the
Alan Greenspan, the ‘Maestro’ Who Made the Fed Chair the Most Powerful Job in Washington, Dies at 100
Alan Greenspan, the “Maestro” who ran the Federal Reserve for 18 years and made the Fed chair Washington’s most powerful unelected job, has died at 100.
Iran Closes the Strait of Hormuz Again, Three Days After Reopening It Under the Truce
Iran’s armed forces declared the Strait of Hormuz closed to shipping on Saturday, reversing a reopening that
Iran Closes the Strait of Hormuz Again, Three Days After Reopening It Under the Truce Read More »
Cuba Just Threw Out Its Own Playbook With 176 Free-Market Reforms
Cuba’s Communist Party approved the most sweeping economic overhaul in the island’s six-decade socialist history on Thursday,
Cuba Just Threw Out Its Own Playbook With 176 Free-Market Reforms Read More »
Beef Just Hit $9.64 a Pound, and America’s Summer Grilling Season Has a Problem
The average retail price for fresh beef reached a record $9.64 per pound in April 2026, and
Beef Just Hit $9.64 a Pound, and America’s Summer Grilling Season Has a Problem Read More »
Social Security Faces a 24% Benefit Cut by 2032, and No One in Washington Has a Plan
The Committee for a Responsible Federal Budget published a state-by-state analysis this week showing exactly what happens
Social Security Faces a 24% Benefit Cut by 2032, and No One in Washington Has a Plan Read More »
Iran Ceasefire Expires With No Deal in Sight as Gas Prices and 6% Inflation Squeeze American Households
The Iran ceasefire expired Sunday with no deal in sight. Trump rejected Tehran’s latest proposal as “garbage.” Meanwhile, gas prices are up 45%, inflation hit 3.8% in April, and forecasters project 6% by Q2. The war that was supposed to be quick is now the primary driver of an economic crisis heading into midterm season.
Kevin Warsh Takes the Fed Today, and the Country’s Inflation Math Just Got Harder
Kevin Warsh walks into the Eccles Building on Thursday as Federal Reserve chair, sworn in after a
Kevin Warsh Takes the Fed Today, and the Country’s Inflation Math Just Got Harder Read More »
Inflation Hits 3.8% as Iran War Drives Gas Prices to a Three-Year Peak
April 2026 CPI hit 3.8% annual, the highest since 2023, driven by a 28% surge in gasoline prices from the closed Strait of Hormuz. The Fed has run out of room.
Inflation Hits 3.8% as Iran War Drives Gas Prices to a Three-Year Peak Read More »
Spirit Airlines Shuts Down: Iran War Fuel Spike Kills First Major US Airline In 25 Years
Spirit Airlines ceased all operations on May 2, 2026, becoming the first major U.S. airline to fold in 25 years after jet fuel prices doubled amid the Iran war. The carrier’s collapse reveals the fragility of ultra-low-cost airlines operating on razor-thin margins when geopolitical shocks hit commodity markets.
Spirit Airlines Shuts Down: Iran War Fuel Spike Kills First Major US Airline In 25 Years Read More »
New Iran Strike Option on the Table as Oil Hits $126 and Gas Prices Crush American Wallets
The Iran war is now squeezing the country from both ends: a $28 billion military tab that keeps climbing, and $4.30 gas that’s draining household budgets faster than any tax hike ever could.
UAE Leaves OPEC: What the Historic Exit Means for Oil Prices, the Iran War, and the Global Economy
The UAE announced its departure from OPEC after nearly 60 years, effective May 1, as the Iran war chokes off Strait of Hormuz shipping routes. U.S. crude surpassed $100 per barrel on the news, with analysts projecting Brent could hit $150. The cartel’s ability to manage global oil supply just took its biggest blow in decades.
EU Unveils ‘AccelerateEU’ Emergency Energy Plan as Hormuz Crisis Drains €22 Billion in 44 Days
The European Commission is rolling out energy vouchers, disconnection bans, remote work mandates, and relaxed state aid rules as part of its AccelerateEU plan, set to be unveiled ahead of the Cyprus summit on April 23.
Gates Foundation Epstein Investigation: Inside the Reckoning That Could Reshape Global Philanthropy
The Gates Foundation has hired an independent investigator to examine its ties to Jeffrey Epstein while cutting 500 jobs. With Bill Gates set to testify before Congress on June 10, the world’s largest philanthropy is racing to get ahead of a reckoning that could reshape how we think about accountability in charitable giving.
The Fed Just Told You Everything You Need to Know About 2026: One Rate Cut, Higher Inflation, and an Oil War Nobody Can Price
The Federal Reserve held interest rates steady and signaled only one cut in 2026 as inflation projections climbed and the Iran war clouds the economic outlook. Here’s what it means for your wallet.
Scott Galloway’s Warning: The $10 Trillion Wipeout Nobody Is Pricing In
NYU professor Scott Galloway lays out a chilling chain reaction scenario on the Pivot podcast: the Iran war triggers emerging market defaults, European bank contagion, and a potential 2008-style global financial crisis. And he says the real danger is not the war itself.
Scott Galloway’s Warning: The $10 Trillion Wipeout Nobody Is Pricing In Read More »