Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Conference Board Confidence Unexpectedly Jumped Amid War In March Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected. Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp) Source: Bloomberg Among demographic groups, confidence on a six-month moving average basis continued to moderate...

Before the US and Israel launched a war against Iran on Saturday morning and killed Ayatollah Ali Khamenei, the CIA assessed that if the Iranian leader were killed, his rule would likely be replaced by “hardline” figures from Iran’s Islamic Revolutionary Guard Corps, Reuters has reported. The report said that the assessment was produced over […]

President Donald Trump announced the US and Iran may resume talks in Pakistan in the next two days. Islamabad is attempting to broker an agreement between Washington and Tehran to end the war in the Middle East.  On Tuesday, Trump told The New York Post that talks with Iran “could be happening over next two […]