‘Wright Is Wrong’: Trump Rejects Energy Secretary’s Comment That Gas Prices May Not Drop Under $3 Until 2027 Pain at the pump might not ease up for American consumers until 2027, according to Energy Secretary Chris Wright, who said on April 19 that the price of a regular gallon of gas could stay above $3 for the rest of the year. Wright said a price of $3 per gallon of gas “could happen later this ​year, [but] that might not […]

Market Lesson: Why Panic Is A Costly Mistake Authored by Lance Roberts via RealInvestmentAdvice.com, The Iran shock erased 18% from valuations and fully recovered in two weeks. Investors who panicked missed it all. Here’s what the market lesson is about: risk management, behavior, and what to do with your portfolio right now. The stock market selloff between February 28 and April 14 produced one of the more instructive market […]

Supply Chain What? The NSA Is Using Anthropic’s Mythos According To Report Two months after the Department of War declared Anthropic a “supply chain risk” and moved to several all ties with the AI wunderkind, the National Security Agency (NSA), which falls under DoW, is using it according to Axios.  According to the report, the nation’s top surveillance agency is using Mythos Preview – Anthropic’s most powerful model to date. […]

CBP To Begin First Phase Of Tariff Refunds Following Supreme Court Ruling Authored by Aldgra Fredly via The Epoch Times, U.S. Customs and Border Protection (CBP) is set to begin the first phase of its refund process for certain tariffs on April 20, following a ruling by the Supreme Court in February. CBP will deploy the Consolidated Administration and Processing of Entries (CAPE) through its Automated Commercial Environment […]

Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit Last November, we warned that storms clouds were gathering over the torrid, and in some cases chaotic, rollout of US data centers, after Fermi’s massive 11 GW energy and data center project in Texas, called Project Matador, which the company has envisioned to be the world’s largest AI data center and energy campus in the Texas Panhandle, near Amarillo, was […]

Anti-ICE Protestors Face Trial After Judge Denies Dismissal Of Federal Charges Authored by  Bryan Hyde via American Greatness, Three defendants who took part in an anti-Immigration and Customs Enforcement (ICE) protest last year are headed to federal trial on May 18 after a judge denied their motions to dismiss the case. The defendants were part of a June 2025 protest near an ICE facility in Spokane, Washington, where they […]

Chicago Man Sentenced To 25 Years For Conspiring With ISIS Authored by Naveen Athrappully via The Epoch Times, Ashraf Al Safoo from Chicago has been sentenced to 25 years in federal prison for conspiring to provide material support to ISIS, which involved recruiting members into the terror group and encouraging attacks on its enemies. Al Safoo, 41, was a leader of online organization Khattab Media Foundation, which pledged […]

Populism Is Not Dead Yet: Bulgaria’s Pro-Russia Ex-President Radev Wins In Landslide Victory Despite Orban’s loss in Hungary earlier this month, Europe’s populist right is not dead by a longshot. Official results released Monday show former President Rumen Radev’s Progressive Bulgaria coalition capturing roughly 44.6-44.7% of the vote in Sunday’s snap parliamentary elections, delivering an absolute majority of approximately […]

FBI Director Kash Patel Files $250 Million Defamation Lawsuit Against The Atlantic, Reporter FBI Director Kash Patel filed a $250 million defamation lawsuit Monday against The Atlantic magazine and its national-security reporter Sarah Fitzpatrick, escalating a high-profile clash over a Friday article that alleged Patel’s “erratic behavior,” excessive drinking, and unexplained absences have alarmed colleagues and raised […]

‘Highly Unlikely’ US Will Extend Iran Ceasefire, ‘Lots Of Bombs Will Go Off’ If No Deal: Trump Summary Trump says ‘highly unlikely’ will extend ceasefire if deal not signed in Pakistan. President Pezeshkian cites “historical distrust” and states on X: “they seek Iran’s surrender. Iranians do not submit to force.” Vance intends to depart Tuesday to Pakistan, though still unclear whether Iranians will join – Pakistanis […]

Aluminum Giant Alcoa To Sell Dormant Smelter To Bitcoin-Miner NYDIG: Report Authored by Amin Haqshanas via CoinTelegraph.com, US aluminium giant Alcoa is reportedly nearing a deal to offload its long-idle Massena East smelter in upstate New York to Bitcoin mining firm New York Digital Investment Group (NYDIG). The company is in advanced discussions and expects the transaction to close “in the middle part of this year,” CEO […]

DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide Shares of Tyson Foods and Smithfield Foods fell in late-morning trading in New York after The Wall Street Journal reported that the Justice Department’s antitrust division has opened a criminal probe into major meatpackers. The report follows President Trump’s push for an investigation into meatpackers as supermarket beef prices remain near record highs. […]

Tomorrow’s Testimony: Kevin Warsh To Walk Tightrope On Rates, Inflation And Fed Independence President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, will appear before the Senate Banking Committee on Tuesday at 10AM ET in what is shaping up to be one of the most politically charged confirmation hearings in the central bank’s modern history. Warsh, a former Fed governor who has spent years criticizing the […]

Schrodinger’s Strait, Schrodinger’s Market By Benjamin Picton, Senior Market Strategist at Rabobank Erwin Schrodinger famously proposed a thought experiment to illustrate the apparent absurdity of quantum mechanics when applied to the macroscopic world. In the theoretical experiment, Schrodinger’s eponymous cat, contained in a box with a radioactive atom, a Geiger counter and a vial of poison, exists in a state of superposition […]

Pentagon Releases Video Of Marines Landing On Iranian Ship By Monday morning US Central Command had released fuller video showing the dramatic night vision footage of Sunday’s capture of an Iranian-flagged cargo ship, after it refused to follow US orders to withdraw from its planned passage through the Strait of Hormuz. The Pentagon soon after the interdiction and boarding released a very brief, limited clip of a US warship firing […]

Saylor’s Strategy Holdings Top 800,000 Bitcoin After 3rd Biggest Purchase In History Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases. Strategy acquired 34,164 Bitcoin for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday. As Helen Partz reports […]

Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings As the war in Iran enters its 8th week, Deutsche Bank’s Jim Reid says that recent developments can be framed in two ways: either five steps forward towards peace and three back (seems more apt than three and two), or as evidence that the two sides remain far enough apart that a lasting deal will be extremely hard to achieve and markets have become […]

“Critical Inflection Point” Reached As USA Rare Earth Expands With $2.8 Billion Serra Verde Buyout USA Rare Earth Inc. is acquiring Brazil’s Serra Verde Group in a roughly $2.8 billion cash-and-stock deal, part of a broader push by the U.S. and its allies to secure independent supplies of critical minerals, according to CNBC and Bloomberg.  The agreement includes $300 million in cash and a large share issuance, with the […]

AST SpaceMobile Craters After Blue Origin Rocket Fails To Place Satellite In Correct Orbit Shares of AST SpaceMobile plunged the most since February after Blue Origin’s New Glenn rocket failed to place the company’s BlueBird 7 satellite into its intended orbit during Sunday morning’s launch. Shortly after the successful launch of New Glenn from the launchpad at Cape Canaveral, Florida, early Sunday, Blue Origin said the rocket’s […]

3 LA County Residents Charged In Luxury Car Insurance Scam Involving Bear Suit Authored by Dylan Morgan via The Epoch Times, Three Los Angeles County residents were charged on April 16 with insurance fraud involving a bear suit and luxury vehicles. A fourth awaits trial. The California Department of Insurance said the defendants used a person in a bear suit to stage fake attacks on their luxury vehicles, then submitted […]

Futures Slide As Oil Jumps On Ceasefire Setbacks, Nasdaq In Danger Of Ending 13-Day Streak Futures are lower, but well off session lows,after a weekend of chaos in the Strait of Hormuz cast doubt over US-Iran peace talks ahead of Tuesday’s ceasefire expiration. On Saturday, Iran said the Strait will be closed until the US blockade is lifted, with ships reporting attacks. The US then fired and seized an Iranian-flagged ship on […]

UK PM Starmer Faces “Judgment Day” Over Epstein Pal Mandelson’s Appointment UK Prime Minister Keir Starmer is preparing for a showdown with the senior official he fired over the appointment of Peter Mandelson as US ambassador, as calls for the prime minister to resign grow. The controversy stems from Starmer’s decision to appoint veteran Labour politician Peter Mandelson (Lord Mandelson) as Britain’s ambassador to the United […]

Xi Urges Immediate Opening Of Hormuz Strait For First Time, In Call With Saudi Crown Prince China’s President Xi Jinping on Monday demanded the uninterrupted passage of vessels through the Strait of Hormuz in a phone call with Saudi Arabia’s Crown Prince Mohammed bin Salman, state news agency Xinhua reports. He urged the normalization of shipping traffic after about 50 days of disruption which obviously and significantly impacts […]

Psychedelic Stocks Soar After Trump Order; RBC Says Commercialization Path Could Accelerate Psychedelic drug stocks soared in premarket trading in New York after President Trump signed an executive order aimed at accelerating research and expanding access to therapies used for post-traumatic stress disorder (PTSD). “The executive order I’m signing, we’re actually signing the executive order today, is really a moment,” Trump said […]

Powerful 7.5-Magnitude Quake Hits Northern Japan, Triggers Tsunami Warnings A powerful and shallow 7.5-magnitude earthquake struck off Japan’s northeast coast, triggering a tsunami at Kuji Port in Iwate Prefecture. Public broadcaster NHK initially warned that a tsunami up to 10 feet high was expected to hit the Iwate area on Honshu’s main island. However, so far, it has been reported to be about 31 inches high. The quake was […]