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Massive Stock Market Surge on News of Iran Deal

Stocks rose on Monday to kick off the holiday-shortened trading week as SpaceX extended its rally and after President Donald Trump announced that an agreement had been...

Sam Bankman-Fried Loses Appeal, Will Serve 25-Year Sentence

Sam Bankman-Fried, the former crypto billionaire convicted of fraud in 2023, lost an appeal to overturn his conviction and 25-year prison sentence Friday, Reuters reported.  A...

How Elon Musk’s Departure from California Wounded the State’s Economy

When the world’s richest man left California — taking his multitrillion electric car and space companies with him — the Golden State lost out...

China Enters Irreversible Population Decline

China’s demographic collapse is so advanced that even an immediate return to replacement-level fertility cannot prevent a massive population decline because there are simply...

Trump Seizes Iranian Oil in Bid to Lower Energy Prices

President Donald Trump claimed on Wednesday that the U.S. has been taking out oil from Iran as part of a “secret mission” to keep gas and...

Oil Prices Rise on Renewed Clashes with Iran

Oil prices are higher this morning on renewed fighting between the US and Iran (and Trump rhetoric), while API reported a major crude inventory draw (for an eighth week...

China Unveils $300 Billion Data Center Construction Plan to Gain Edge in AI Race

The US and China are locked in a series of races, with AI now sitting at the center of nearly all of them. This...

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