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 »
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 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 »
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.
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.
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.
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 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.
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 »
The US economy shed 92,000 jobs in February 2026, far worse than the expected gain of 59,000, as the unemployment rate climbed to 4.4%. Markets are rattled as revised data reveals the labor market has been weaker than anyone admitted.
US Economy Sheds 92,000 Jobs in February, Sending Markets Into a Tailspin Read More »
Trump has finally named his pick to lead the Federal Reserve, and it’s exactly who Wall Street
U.S. stock futures slipped Monday morning as investors confronted an unusually volatile mix of headwinds: President Donald
President Donald Trump arrives at the World Economic Forum in Davos, Switzerland this week leading the largest
Trump Heads to Davos as Greenland Tariffs Threaten NATO Alliance Future Read More »
Gold just blasted through $4,600 an ounce for the first time in history. Silver hit an all-time
European Union leaders emerged from all-night negotiations in Brussels early Friday having agreed to loan Ukraine €90
The November CPI report shows inflation falling to 2.7% annually—well below the expected 3.1%—but data collection disruptions from the 43-day government shutdown mean these numbers come with major caveats for the Fed and consumers alike.
The U.S. gross national debt has already exceeded $38 trillion, which is the fastest accumulation of $1
Bitcoin Could Become a Response to the US Debt Surge Read More »
The Federal Reserve just made money cheaper. Again. But the real story isn’t the quarter‑point cut; it’s
Fed Cuts Rates to Three-Year Low — And Steps Deeper Into a Political Minefield Read More »
