Finally! FTX Founder Arrested In The Bahamas

What Would A Bank Run Look Like Today? Authored by Jeffrey Tucker via The Epoch Times, The movie “It’s a Wonderful Life” (1946) features what is today the most famous bank run. It’s film and fiction, yes, but fits with a scenario that has been common for centuries. When the movie came out, the bank runs of 1930–1932 were very much in people’s memory. For older people, they remember the Panic of 1907. Before that, there was the Panic of 1893, the Panic of 1873, the Panic of 1837, and the...

Joe Kent, the former head of the National Counterterrorism Center, who resigned in opposition to the war with Iran, said on Sunday that the demand for Iran to give up all nuclear enrichment was a “poison pill” that appeared to be responsible for the lack of a deal after US-Iran talks in Pakistan. “It appears […]

US Producer Prices Cooler Than Expected In March Despite Surge In Energy Costs The month-over-month change in producer prices had accelerated for five straight months ahead of today's March data, which is expected to surge thanks to Iran-war impacts on energy costs. Against expectations of a 1.1% MoM rise, March's Headline PPI shocked everyone by rising only 0.5% MoM (equal to the revised lower 0.5% MoM rise in both of the last two months). This pushed PPI up 4.0% YoY (the highest since Feb 2023) but well below the +4.6% YoY...