Why Mises’s Theory of Economic Calculation Still Is Relevant Today

US Futures, Global Stocks And Bonds Soar On Ceasefire Relief, Oil Plummets US futures, global stocks and bonds are sharply higher while oil prices plunge the most in years as a wave of optimism swept through global markets after the US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz: JPMorgan's Market Intel desk, which moves from Neutral to Tactically Bullish this morning, says to look for a re-risking in the very near-term albeit it with higher energy prices. As of 8:00am ET, S&P futures...

Gunman Kills Canadian Tourist At Popular Mexican Pyramid Site Local Mexican outlet Milenio reports an "armed attack" at the Teotihuacan archaeological site, located in central Mexico about 25 miles (40 kilometers) northeast of Mexico City, in the State of Mexico. Details are scant, but preliminary reports say the attacker climbed the Pyramid of the Moon and fired at tourists. "Confirmed that the fatality from the armed attack at the Teotihuacan Archaeological Zone is of Canadian nationality," Milenio wrote on X around 1513 local time. 🔴 #ÚLTIMAHORA | Confirman que víctima mortal por ataque...

Housing Cost Pressure Varies Widely Across The EU Housing affordability in the EU has an uneven spread across the continent according to data from Eurostat. As Statista's Jack Lillis details below, the share of people whose housing costs exceed 40% of disposable income ranges from as low as 2.4% in Cyprus to as high as 28.9% in Greece. The EU 27 average stands at 8.2%, but this figure masks significant disparities between countries. You will find more infographics at Statista After Greece, Turkey appears among the most heavily burdened, while countries like Finland, Sweden, and...