Economy
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Trump relies on untested law to impose massive tariffs on Canada
“In firing up a trade war with Canada, President Donald Trump turned to a 96-year-old statute so obscure that many…
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It’s Harder For Zoomers To Afford These Five Mainstays Of Life That Boomers Could When They Were Their Age
By Spencer Lombardo Reflecting contemporary economic realities, many of what have traditionally been considered life’s mainstays have become harder for…
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As gold prices spike, illegal gold mining is spreading rapidly in the Amazon rainforest
“Peru Is Losing a Battle Against Illegal Gold Mining in Its Rainforests,” reports Bloomberg News: As a military helicopter roared…
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Biden-Era Law That Created Medicare Drug Price Controls Could Hike Up Prices, Analysts Warn
By Ireland Owens Medicare’s drug price controls could restrict Americans’ ability to access care and potentially drive up costs in…
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What Is Causing US Prescription Drug Costs To Plummet?
By Ireland Owens Prescription drug prices in the U.S. recently recorded their largest annual decline in several decades, which experts…
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Growing oil production in South America limits gas price increases due to Iran War
Argentina’s biggest exports used to be beef and grains. But not anymore. “Argentina is transforming from an energy importer into…
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Americans travel overseas more, but foreigners visit America less
“Americans are traveling more as they get richer. US residents took 24 million trips to Europe in 2025, up from…
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Gen Z Embraces High-Risk Gambling As Economic Future Darkens, Survey Finds
By Spencer Lombardo More members of Generation Z than any other age group are turning to gambling to help achieve…
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Labor Force Participation Rate Falls To Lowest Since Pandemic As Over 250K Leave Workforce
By Derek Vanbuskirk The U.S. labor force participation rate fell to 61.4 percent in July, its lowest level since the…
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Billionaires’ wealth mostly self-made, rather than the product of inheritance, political favors, or government spending
“An analysis by The Economist finds that, for the first time in its 25-year dataset, over half of global billionaire…
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Preemptive Request: Zero Government Bailouts For AI Fails, Please
By Seton Motley The U.S.’s Artificial Intelligence (AI) self-feeding frenzy is still … frenzy-ing. Except everything about it seems fake.…
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Mexico becomes a cornerstone of the artificial intelligence boom
“Mexico has quietly become a cornerstone of the AI boom, providing 40 per cent of US imports this year of…
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China no longer relies mostly on coal for electricity
“For the first time, China generated less than half of its electricity from coal during the first six months of…
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Longtime New Yorkers told to pay massive tax bills by Zohran Mamdani’s administration, over false claim that they are absentee property owners
“New Yorkers were seething Tuesday after Mayor Zohran Mamdani’s administration alerted them they’d be on the hook for the state’s…
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British green energy push may lead to blackouts
The London Times reports that Britain’s crusade to replace natural gas with “green” energy threatens the country’s ability to keep…
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State constitution saves woman from financial devastation
Earlier this year, the federal appeals court in New Orleans “upheld a lower court decision that ruled the city of McKinney, Texas, must pay…
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Study finds tariffs historically harmed the U.S. economy, did not help its manufacturing sector
Manufacturers make their products out of raw materials and components, some of which are imported. So if America imposes tariffs…
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More people have electricity, fewer old women are accused of witchcraft in African villages
“The latest Energy Progress Report, jointly produced by five international agencies, contains some impressive figures: 92 percent of the world’s…
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World Cup shows Americans in flyover country live better than Europe’s top quarter
“World Cup tourists have repeatedly expressed “astonishment with everyday American abundance,” which “has become a viral sensation—and in a very…
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Farm bankruptcies rise, partly due to Trump’s tariffs and Iran war
Farm bankruptcies rose sharply from 2024 to 2025. That was partly due to tariffs imposed by Donald Trump, which triggered…
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New York City is suffering now due to left-wing anti-energy policies
New York City “had a nuclear power plant 36 miles away called Indian Point. It supplied carbon-free safe power that…
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Trump Admin Puts Signature Trade Pact On Ice
By Rebekah Zeljko President Donald Trump’s administration opted against renewing the United States, Mexico, Canada Agreement (USMCA) on Wednesday, leaving…
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Oklahoma voters reject minimum wage hike
“Voters in Oklahoma rejected a minimum wage increase earlier this month. That’s actually the third time in a row voters…
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India likely to avoid big increase in hunger despite Iran war and bad growing season
The Iran war increased oil and diesel prices and cut the flow of fertilizer through the Persian Gulf to the…
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Exxon, Chevron Warn Another Oil Price Spike Coming Soon
By David Blackmon Leading executives at ExxonMobil and Chevron sounded an alarm during a recent Bernstein conference: Global oil inventories…
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International power grid begins to take shape in West Africa
“West Africa is making progress toward a regional power grid. A World Bank-financed program has built more than 4,000 kilometers…
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Europe bans most cash transactions over $11,500
“Under the guise of fighting money laundering, the EU is making anonymous economic activity progressively harder,” notes the Foundation for…
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Gas price rise was less than expected
If exports of oil from the Persian Gulf region had been cut off 20 years ago, gas prices in the…
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President’s waiver of Jones Act reduces prices, expands access to American products, yields valuable information
“President Trump’s decision to waive the Jones Act, a century-old law that restricts domestic shipping to US-built, US-flagged, and US-crewed…
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Major Financial Indicator Flashing Red As It Approaches Level Not Seen Since Great Recession
By Ryan Meilstrup Yields on 30-year Treasury bonds spiked Friday to levels last seen during the 2007-2009 financial crisis as…
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Caspian Sea helps Iran evade U.S. blockade of Persian Gulf
“The Caspian Sea, a huge body of water hundreds of miles north. Routinely overlooked, the Caspian has taken on new…
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California Copied Europe’s Insane Energy Playbook, And Now Residents Are Really Paying The Price
By David Blackmon Even as U.S. gasoline prices rise again amid ongoing Strait of Hormuz tensions, American drivers are still…
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Essential commodities get cheaper and more abundant
The average person in the world has access to more commodities at a lower price than in 1980. The Simon…
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Texas grid operator says peak electricity use could quadruple, the equivalent of 300 new nuclear reactors
“The Texas grid operator published a dramatic projection for power demand through 2032, based on proposed data-center construction in the…
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New York City plans to spend a massive $30 million to open a single, government-run grocery store
The excessive cost of New York “Mayor Zohran Mamdani’s plan to build a $30 million, city-owned grocery store in Harlem…
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Healthcare spending rises at a lower rate than forecast
“U.S. health care spending in 2024 was $977 billion lower than the government projected it would be back in 2010.…
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