Economy
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Economic Shocks Will Permeate Long After Iran Strikes Stop, Analysts Predict
By Harold Hutchison Some analysts say the economic effects of Operation Epic Fury in Iran could persist for years, even…
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Iran war will cause lasting oil price spike even if it ends soon, and could reduce farm output
The Iran war will cut oil production in the Persian Gulf a lot this year, even if it ends soon.…
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Chris Wright Makes Case For AI Data Centers In America
By Reagan Reese Energy Secretary Chris Wright explained to the Daily Caller why the Trump administration is in favor of…
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Trump Slaps World With New Tariff After Supreme Court Loss
By Harold Hutchison President Donald Trump announced Friday he was using different legal authorities to continue tariffs after the Supreme…
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Real wages increase, outpacing inflation, despite dumb government policies
“The resilience of the American worker is one of the most underreported stories of the 2020s. From red tape to…
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Major labor reforms are likely in Argentina
Argentina is one of the world’s more regulated countries (although less so now than it was a few years ago),…
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Argentine economy grows as imports rise
Imports can be good. They can provide cheap raw materials you need to manufacture something, or give you access to…
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Increased economic growth forecasted by IMF
“The International Monetary Fund’s global economic growth forecast has grown more optimistic, with the world economy now expected to expand 3.3…
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Data centers provide property tax relief for homeowners
Data centers cut property taxes on homeowners, by providing lots of additional property to tax. The more property there is…
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African economy finally growing faster than Asian economy
Before African countries became independent in the 1960s, they were richer than much of Asia. Now, China is richer than…
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Jerome Powell Says Trump’s DOJ Probe Is Retaliation For Interest Rates
By Harold Hutchison Federal Reserve Chairman Jerome Powell on Sunday accused President Donald Trump of trying to “manipulate” the Federal…
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Europe and South America reach massive freer-trade deal
“After 25 years of negotiations, EU member states have approved a trade agreement with the South American Mercosur bloc (Argentina,…
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‘US Has the Most Progressive Tax System in the Developed World’
The United States “has the most progressive tax system in the developed world,” says economist Adam Michel: The United States…
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‘Trump tariffs blamed as bankruptcies reach 15-year peak’; hundreds of firms go broke
“Trump tariffs blamed as bankruptcies reach 15-year peak,” reports The Independent: Corporate bankruptcies in the US soared to a 15-year high…
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Artificial intelligence is not reducing overall employment
“Recent research from Vanguard finds that AI does not yet seem to be having a strong effect on employment in…
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Federal regulations add more than $14,000 per year to household costs
“A sweeping new economic study released this week has confirmed what American families have felt for years: federal regulations are…
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Democrats Are Behind Your Crippling Electricity Bills, Report Confirms
By Audrey Streb State policies are a monumental factor in electricity costs, and Democrat-led states have driven prices upward through…
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What?? There’s a Christmas tree tax?
“Most people have never heard of” it, but if you buy a Christmas tree, its cost will be higher because…
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Manufacturing shrinks again as tariffs increase the cost of raw materials needed by manufacturers
“U.S. manufacturing activity contracted for the ninth consecutive month in November,” reports the Wall Street Journal. “Tariffs, which have increased…
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Middle class shrank because Americans got richer, not poorer
“The U.S. middle class is still shrinking… because we’re getting richer. According to data from the Current Population Survey, over a third of…
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Wealth tax cuts tax revenue in Norway
“Norway’s wealth tax increase, expected to raise $146M, led to a $448M net loss as $54B in wealth left the…
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California minimum-wage hike for fast-food workers wiped out thousands of jobs
“On April 1, 2024, California raised its minimum wage from $16 to $20 per hour for fast-food workers employed at…
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AI is cutting hiring to near zero, Fed chief says
“Federal Reserve Chair Jerome Powell drew a stark picture of a labor market that looks fine on the surface—4.3% unemployment,…
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Record number of solar panels imported by Africa’s most populous nation
African countries often have unreliable power grids, and state-run electric utilities that are prone to blackouts and power outages. Citizens…
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Price of gold multiplies 15 times, as government dysfunction grows
The price of gold rose today to $4,010 per ounce, but could rise further to $4,900 by next year, “as…
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Trump considers $10 billion bailout for farmers hurt by his trade war
“American farmers are having a tough year, in no small part because of President Donald Trump’s trade war. Now, the…
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China Could Win AI Fight Against The U.S.
By Nathan Picarsic and Emily de La Bruyere In August, Chinese researchers debuted the world’s largest brain-inspired supercomputer. The Darwin Monkey is…
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China is building lots of cheap nuclear plants
“China is proving that nuclear power in the West is way more expensive than it needs to be. While the US…
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Turns Out Major Climate Study Peddled By Media Relied On Bunk Data
By Audrey Streb A 2024 climate change study amplified by the corporate press projecting up to $38 trillion in global…
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Nanny State Government Tries To Prevent Disabled People From Getting Jobs
By Natalie Sandoval First, they were axed from the live-action Snow White. Now, they’re denied the right to dance. Is…
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People now have banking accounts even in remote areas of war-torn African countries
“Mobile money—a form of banking that uses text messages to transfer money between accounts linked to phone numbers—is bringing financial…
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Rent control kills multifamily housing construction in MoCo
“How thoroughly did enactment of rent control kill off applications for new construction of multifamily (5+ units) housing in the…
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Virginia Governor Youngkin adopted regulatory reforms saving $1.2 billion per year, reducing cost of building a home by $24,000
“With just 4 employees” in his regulatory office, Virginia Governor Glenn Youngkin has “saved residents $1.2 billion per year” and…
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LA’s Minimum Wage Hike Could Destroy One Of Its Biggest Industries
By Ireland Owens Los Angeles’ minimum wage hike for workers in the tourism industry could potentially do more harm than…
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Global grain production reaches all-time high, despite Ukraine war
“Global grain production is on track to reach an all-time high of 3.6 billion tons in the 2025–26 season, helping…
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Gas Crisis Looms Over California As Dems Continue To Impose Crippling Regs
By Audrey Streb Democrat policies and new regulations hiked California’s gas prices on Tuesday, and a slew of green energy…
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