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Consumer Sentiment Falls on News of Spiking Gas Prices and Inflation Concerns

Consumer sentiment fell to the lowest level on record, pulled down by concerns over high gas prices and rising inflation. The University of Michigan’s index...

Obamacare Enrollment Expected to Drop Due to Rising Costs

Enrollment in the Affordable Care Act marketplace is projected to fall by nearly 5 million people this year as rising premiums and higher deductibles force many Americans to...

Mass Layoffs at Meta as Zuckerberg Admits AI is Replacing Workers

Welcome to another day of corporate America hemorrhaging engineers and other white-collar workers with insurmountable student debt as AI adoption accelerates. This era will likely...

American Energy Dominance: Nigeria Reeling from Impending OPEC Collapse

Nigeria should market its crude oil to new buyers as the UAE’s decision to leave OPEC is dislocating the balance that the cartel and...

Chinese Century Delayed: China Reports “Shockingly Bad” Economic Growth Data

Confirming our Sunday preview, overnight China reported growth data which slowed across the board in April with investment resuming declines, retail sales missing sales and growing at...

China and U.S. Reach Interim Deal to Lower Tariffs

China’s commerce ministry said on Saturday that Beijing and Washington had struck a preliminary agreement to reduce some tariffs, and also confirmed agricultural and...

Britain to Ban New Oil and Gas Licenses in Midst of Global Energy Crisis

The government will make it illegal to grant new oil and gas licences in the North Sea, the King said at the state opening...

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