Key Points Nationwide, 22.6% of U.S. adults disagree that schools should teach about global warming. One demographic strongly in support of climate education in schools is college-educated Americans. At the county level, a 1 percentage-point increase in the percentage of adults with a bachelor’s degree is associated with a 0.3 percentage-point increase in the share…
Spain’s Historic Blackout Blamed On Poor Voltage Control By John Kemp of JKempEnergy.com Spain’s massive blackout was caused by overvoltage on the transmission system and the failure of the country’s generators to compensate by absorbing more reactive power, according to the official government investigation. Investigators found no evidence a cyber-attack contributed to the nationwide blackout…
Photo by The Transport Enthusiast DC on Unsplash Analyzing American economic policy isn’t that interesting these days, except perhaps as a grim spectacle. So I’ve been thinking a little about Chinese economic policy. China’s leaders leave much to be desired, but to their credit, they still think economic policy is about strengthening their nation, enriching…
Energy Secretary Grilled By Senate Panel Over Funding Clawbacks Authored by John Haughey via The Epoch Times (emphasis ours), Energy Secretary Chris Wright justified the termination of 24 energy projects allocated $3.7 billion by Congress, during a Senate panel on Wednesday. Wright said the clawbacks were the first round of scrutiny by a newly created…
Shell CEO: Contingency Plans Ready If Strait Of Hormuz Closure Triggers Energy Shock Shell Plc is preparing contingency plans in case the conflict between Israel and Iran broadens and disrupts oil and gas flows through the critical maritime chokepoint of the Strait of Hormuz. On Thursday, CEO Wael Sawan told Bloomberg’s Shery Ahn at the Japan Energy Summit…
Turkish Public Increasingly Worried About Direct Conflict With Israel Via The Middle East Eye A day before Israel attacked Iran, Israeli Prime Minister Benjamin Netanyahu was at the Knesset, welcoming Argentinian President Javier Milei with open arms. “Argentina became a safe haven for thousands of Jews,” Milei told Israeli politicians. “They sought refuge from economic hardship and antisemitic persecution. Not…
Supply Fears Send EU Diesel Prices Soaring As Bloc Exposed To Strait Of Hormuz Risks European diesel prices rallied for a fifth straight session, driven by mounting anxiety that critical Middle East shipping lanes could be choked off. The conflict between Israel and Iran has raised alarm bells across the EU, which has become increasingly dependent on…
NATO Is The United States Authored by Vijay Prashad via Consortium News, On June 24 and 25, the members of the North Atlantic Treaty Organization (NATO) will strut around the streets of The Hague for their annual summit – the first since Donald Trump’s return to the US presidency and the first under new NATO Secretary General…
Kremlin Hawks Frustrated That Putin Still Has Not Declared Formal State Of War Russian hardliners are urging President Vladimir Putin to officially declare war on Ukraine, arguing that the current “special military operation” is insufficient, especially in the wake Ukraine’s recent surprise strike on air bases near Moscow. President Zelensky had touted last month’s ‘Operation…
In this economic/financial news report we discuss Target’s concerning announcement regarding shoppers, Wal-Mart stock, cost of living, investing, rate-cuts coming, Goldman Sachs warning, and lots more. ☕ Buy me a cup of coffee, or beer 🍺depending on my mood 🤣 https://www.paypal.com/paypalme/JaysonJAllen 🪙Got Silver? I buy from here: https://shrsl.com/4n9db – SD Bullion, FREE SHIPPING with minimum…
US Attorney Announces Largest-Ever, $225 Million Cryptocurrency Seizure Authored by Tom Ozimek via The Epoch Times, Interim U.S. Attorney for the District of Columbia Jeanine Pirro said her office has seized more than $225.3 million in cryptocurrency linked to a sprawling international fraud and money laundering network responsible for defrauding hundreds of victims through online…
Cannabis, Smoked Or Eaten, Linked To Tobacco-Like Blood Vessel Harm Authored by George Citroner via The Epoch Times (emphasis ours), Long-term marijuana smoking and THC edible use may harm the blood vessels as much as tobacco, a new study suggests. The research indicates that cannabis users might face an increased risk of heart disease, even…
A home is one of the most expensive purchases an individual will make in a lifetime. And with the housing market in less-than-ideal condition, buying a home can be tricky. Mortgage rates are now hovering about 7% and the U.S. median house price is over $406,000. These factors make the dream of owning a home…
Ryan Mauro talks about the ongoing Iran-Israeli war and debates about potential U.S. involvement. Informed by his study of Islamic extremism, Mauro discusses the particular strain of Islamic extremism that rules Islamic Republic of Iran and internal power dynamics at play in Iran, cautioning that regime change is not certain and may not happen quickly…
The Cost Of Restoring Order In Los Angeles Via Open The Books, Following a week of protests that have given way to rioting in Los Angeles, Open the Books is taking a look at the cost of restoring and maintaining order. Already ravaged by wildfires earlier this year, the city is now dealing with violence…
Elon Musk Downplays Importance Of DOGE Vs. Coming AI “Tsunami” Tech billionaire Elon Musk waxed poetic about his time leading the Department of Government Efficiency in Washington, D.C., describing the experience as significant but secondary to a more pressing challenge: preparing society for the rapid rise of disruptive artificial intelligence. “Fixing the government is like,…
Will The Hawks, The Doves, Or The Cuckoos Win By Michael Every of Rabobank The hawks and doves are split. Tehran rejected US calls for its unconditional surrender while insulting President Trump, who stated “Nobody knows what I’m going to do,” but wants, “total and complete victory” rather than a ceasefire. The Wall Street Journal…
Pfizer (NYSE:PFE) stock is a biopharmaceutical firm that had a magnificent breakout in 2021 as the worst of the pandemic sent COVID vaccine demand through the roof. Since that peak, it’s been a painful descent for shares of PFE, with the name now down around 60% from its all-time high. Catching the name on the…
GOP Senators Briefed On Plan To Obliterate “Toxic” Green Subsidies, Dismantle Climate Heist On US Treasury Fossil fuel advocate Alex Epstein delivered a hard-hitting briefing to nearly all Senate Republicans on Wednesday, emphasizing that the Inflation Reduction Act’s “toxic subsidies” for the green energy industry—totaling billions—must be “terminated.” “Today I got the opportunity to speak…
War with Iran is the biggest news story of 2025 so far, and it is also one of the biggest events of this entire period in human history. Decisions that global leaders will be making in the weeks and months to come will have very serious implications for all of us. Right now, we are…
NIRP Is Back As Swiss National Bank Cuts Rates To Zero, Introduces Stealth Negative Rates Five years after covid sparked a once in a generation inflationary surge and forced all central banks to push their interest rates well above the zero (and in some cases negative) lower bound which defined the post-QE era, overnight the…
Netanyahu Threatens Assassination Of ‘Modern Hitler’ – Iran’s Ayatollah After on Thursday more ballistic missiles and drones struck Tel Aviv and various parts of Israel – including Soroka Medical Center in Beersheba – the Israeli Health Ministry reports that 271 people arrived at hospitals, four in serious condition, 16 in moderate condition, and many more with minor injuries –…
How To Destroy A State: Swap Out The Wealthy For Illegal Immigrants Submitted by Ted Dabrowski and John Klingner of Wirepoints Whether they’re doing it on purpose or out of just plain ineptitude, Illinois’ political leaders have been slowly destroying this state. More recently, they’ve moved into overdrive. What we’re talking about is all the…
Back in February, Donald Trump claimed that the European Union was formed to “screw the US” on trade. With the reimposition and then the repausing of tariffs on the European Union, the Trump Administration has repeated that claim, sometimes including that a value-added tax (VAT) also exists to screw Americans. Of course, these are silly…
Waste Of The Day: $140 For Taxi Ride Across Parking Lot Authored by Jeremy Portnoy via RealClearInvestigations, Topline: Massachusetts’ Emergency Assistance Family Shelter Program recently funded what might just be history’s most expensive car trip: $140 for a taxi ride of 223 feet. For those quick with a calculator, that’s a rate of $3,314 per…
Two US Soldiers Die In Non-Combat Incidents In Middle East As Region On Edge While the globe’s attention has been focused almost entirely on the near week-long Iran-Israel war, and as the White House could escalate its backing of Israel in the conflict, two US Army soldiers died this week during Middle East deployments. Two…
Key Points For quite some time, dividends were paid monthly, quarterly, annually, or semi-annually. Now, you can collect dividends every single week. With NVDW, you can ride Nvidia’s momentum at about $44 a share, as compared to Nvidia’s current price of $145.50, and collect weekly income. Are you ahead, or behind on retirement? SmartAsset’s free…
Celebrate the liberty trifecta on a site funded by, appropriately enough, the Liberty Fund. Five years ago, I didn’t even know why Apple put Juneteenth on my Mac calendar. I just assumed that it was a play on words. And then I checked. Juneteenth really is rightly celebrated as the end of slavery in…
Key Points in This Article: Billionaire Bradley Jacobs’ proven ability to transform small ventures into industry leaders through strategic acquisitions fuels optimism for his latest venture in the building products distribution market. His history of scaling businesses and spinning off successful entities showcases a knack for creating value, despite missing initial revenue targets. Jacobs’ ambitious…
General Mills Announces Removal Of Synthetic Food Dyes, Starting With Cereals Authored by Naveen Athrappully via The Epoch Times (emphasis ours), General Mills, which owns a wide range of snack and baked products in the United States, announced plans to remove food colors from all its products, in a June 17 statement. Based in Minnesota,…
Defense Officials Float Tactical Nuke To Destroy Iran’s Fordow Site As World Awaits Trump Decision Update(1210ET): Just an hour away from a high-stakes White House press briefing, and a report in The Guardian has really upped the ante… Donald Trump has suggested to defense officials it would make sense for the US to launch strikes against…
SoFi (NASDAQ:SOFI) is up by 7% year-to-date, but it can feel disappointing when comparing it to other fintech stocks like Sezzle (NASDAQ:SEZL) and Dave (NASDAQ:DAVE), both of which have more than tripled and doubled year-to-date, respectively. However, there are a few catalysts on the horizon for SoFi that can turn it into an appealing comeback…
Interior Dept. Proposes Opening Up 82 Percent Of Alaskan Petroleum Reserve Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Department of Interior (DOI) released a draft analysis that proposes reopening up to 82 percent of the 23-million-acre National Petroleum Reserve in Alaska (NPR-A) to oil and gas leasing and development, the agency…
Key Points in This Article: YieldMax GOOGL Option Income Strategy ETF‘s (GOOY) 35% yield, driven by selling call options on Alphabet, attracts income-focused investors leveraging tech volatility in June 2025’s uncertain market. Its synthetic covered call strategy caps gains and risks NAV erosion through return of capital distributions, tying performance to Alphabet’s price swings. Active…
US Starts Evacuating Diplomats From Embassy In Israel, As Prospect Of US Entry Into War Lingers As tensions escalate between Israel and Iran, and the prospect of direct Pentagon involvement against Iran lingers, the US State Department has begun evacuating diplomats and their families from the American embassy in Israel. So far these are diplomats…
Key Points in This Article: Ark Invest founder Cathie Wood is renowned for her bold, research-driven approach, steering billions into ETFs focused on disruptive innovation. Her thematic investing style targets megatrends like biotechnology, robotics, and renewable energy, prioritizing long-term growth over short-term gains. Wood champions artificial intelligence as a transformative force, predicting it will unlock…
US Asked Ukraine Not To Attack Russian Energy, Zelensky Complains Via The Libertarian Institute Ukrainian President Volodymyr Zelensky claimed that he was told by the US not to attack Russian energy infrastructure shortly after Vladimir Putin spoke with President Donald Trump. “Today, the Russians launched a stone-cold, combined attack on our energy infrastructure. This is a spit…
Political violence is violence for political reasons. More precisely and to avoid circularity, the difference between political violence and ordinary violence is that the former is motivated by resistance to, or promotion of, the imposition of some collective choices on others. For example, “the left” wants to impose redistribution (of money and other advantages of…
This post Just War? Or Just More War? appeared first on Daily Reckoning. There was a time when nations at least pretended to seek moral clarity before marching to war. Today, with the drums pounding louder for a U.S. confrontation with Iran, I’m wondering if anyone in Washington even remembers — or ever learned —…
Futures Tumble, Oil Soars On Mounting Fears US Will Strike Iran US equity futures tumbled amid mounting speculation the US will join Israel’s war against Iran some time this weekend, fueling uncertainty and concerns about the inflationary impact of higher crude prices. S&P and Nasdaq 100 futures tumbled 0.8% on a day when cash trading in…
Shares of Advanced Micro Devices (NASDAQ:AMD) gained 10.50% over the past month, bringing the stock’s year-to-date gain to 5.11%. However, over the past year, the chipmaker remains down 21.63%. For shareholders, things have been better of late, with AMD rising 62.11% since its year-to-date bottom on April 8, which has been fueled by the U.S.-China 90-day…
Matt Gaetz, Dave Smith To Clash With Iranian Regime-Change Hawk As missiles rain upon both Tel Aviv and Tehran on a nightly basis, the world is watching President Trump for whether the U.S. military will get involved. Neocons like Lindsey Graham have already pushed the goal posts from taking out Iran’s nuclear facilities to toppling…
Grassley Probing Withheld FBI Records On Alleged Chinese Election Interference Authored by Eva Fu via The Epoch Times (emphasis ours), WASHINGTON—Sen. Chuck Grassley (R-Iowa) is asking the FBI for additional records regarding alleged Chinese election interference files after finding that the agency had sought to destroy relevant information under its previous leadership. Sen. Chuck Grassley…
Burger King’s answer to McDonald’s Big Mac, the Whopper, is one of the most popular and best-known hamburgers in the world. First introduced in 1957, this quarter-pound of beef was significantly larger than other burgers of the day, which helped it quickly gain a loyal following. Key Points The Whopper, introduced by Burger King in…
Missile Causes ‘Extensive’ Damage To Israeli Hospital – IDF Bombs Inactive Iranian Reactor As Israel’s war with Iran nears the end of its first week, each side continued to inflict destruction from above in Thursday’s opening hours. In a development certain to be exploited by proponents of US intervention, the largest hospital in southern Israel reportedly…
According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate. It can also include income from limited partnerships, stocks, bonds, and other similar enterprises in which the investor is not actively involved. These days, investors, especially…
Watch: SpaceX’s Starship Static Rocket Test Suffers “Major Anomaly” During a late-night static-fire test at Starbase, Texas, a SpaceX Starship rocket slated for Flight 10 suffered a “major anomaly” and exploded on a test stand. “On Wednesday, June 18 at approximately 11 p.m. CT, the Starship preparing for the tenth flight test experienced a major anomaly…
The Countries With The Highest Share Of International Migrants May Surprise You The number of international migrants worldwide hit 304 million in 2024, a figure that has doubled since 1990. As people relocate across borders for reasons ranging from work opportunities to conflict and displacement, certain countries have become major destinations for foreign-born populations. This…
US–UK Trade Deal Highlights Gap In Agricultural Practices Authored by Beige Luciano-Adams via The Epoch Times (emphasis ours), The first trade deal to emerge from the Trump administration’s global tariff blitz is a narrow pact with one of the United States’ closest allies and a potential bright spot for U.S. agriculture. The White House said…
Photo by Israel Defense Forces via Wikimedia Commons “They are a peaceable people but an earnest people, and they will fight, too.” — William T. Sherman I am not a military analyst or expert. Usually I look at the world through the lens of economics, which I actually have some training in. But if you…
Too Much Bad News? News Avoidance On The Rise The war in Ukraine, tensions in the Middle East, tariffs, inflation and so on and so forth. It sometimes feels like there’s no end to bad news, and, especially in the age of doom scrolling, that can take a toll on people’s mental wellbeing. As a…
