PODCAST: DHP Villains: Woodrow Wilson, Part 10

Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall Submitted by Thomas Kolbe A robust market economy unfolds its maximum absorption capacity precisely during external shocks. In such cases, policymakers would essentially only need to sit still, as the storm clouds usually pass on their own—true to the principle that high prices are the cure for high prices. This, of course, only applies to energy markets if governments have not already removed themselves from the equation through grotesque political interventions long before the crisis. For European...

Intel Shares Soar On Strong AI-Fueled Outlook, Surpassing August 2000 Peak Chipmaker Intel, which less than a year ago was trading like a distressed company, and required a capital infusion from the US government, and earlier today hit a 90x forward PE... ... soared after hours after giving a strong sales forecast for the current period, signaling that the recently struggling chipmaker is finally beginning to benefit from the giant build-out of artificial intelligence infrastructure. But before we get there, here is a quick look at what the company reported for...

National Counterterrorism Director Joe Kent announced on Tuesday that he was resigning from the Trump administration over the US-Israeli war against Iran, saying he could not “in good conscience” support the conflict. “After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today,” Kent said in […]