ENB Pub Note: This is an interesting perspective on the EU energy and financial crisis they are currently facing. Mix this in with Trump’s Tariffs, and you have a recipe for a real problem. Vice […]
The U.S. president has embraced digital currencies after years of skepticism. By Rishi Iyengar, a reporter at Foreign Policy. David Sacks, U.S. President Donald Trump’s AI and crypto czar, speaks to Trump as he signs […]
Civilian employment at the federal government accounts for less than 1.9% of total payrolls. By Wolf Richter for WOLF STREET. Because it has been the topic in the news for weeks, we’ll talk about civilian employment at the […]
A tug-of-war between governments and illegal miners is igniting conflict. To avoid the worst, states must make room for legal artisanal mining. The discovery of gold in the U.S. state of California in the mid-19th […]
The NYSE-listed limited partnership formed by shipowner Dynagas posted a net income of $14.1 million for the fourth quarter and $51.6 million for 2024. This marks a rise of 34.3 percent compared to $10.5 million in the same […]
Rapid Response 47 / The White House Rodolphe Saadé was in the White House yesterday, unveiling a $20bn planned investment into the US. The huge investment over the next four years would create 10,000 jobs, […]
Norwegian oil and gas player DNO has reached an agreement to acquire all of the shares of Sval Energi from private equity firm HitecVision for a cash consideration of $450m. DNO said in an Oslo […]
Quantitative Tightening has shed 25% of total assets from peak and 46% of pandemic QE. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet declined by $54 billion in February, to $6.76 trillion, the […]
Surge of imports not a sign of weak demand, on the contrary, but imports deduct from GDP. By Wolf Richter for WOLF STREET. The tariff chaos continues with a constant barrage of announcements of new tariffs followed by […]
Reuters admits net zero goals have failed despite trillions spent on renewables, with energy prices rising and fossil fuels remaining dominant. Wow, who knew that setting insane and arbitrary emission goals to “net zero” would […]
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