If 'Cash Is King', Berkshire Hathaway Leads The World

Iran said that the US must return to the conditions laid out by the Memorandum of Understanding (MOU) and will not extend the 60-day ceasefire.  On June 17, the US and Iran signed the MOU, which kicked off a 60-day ceasefire. Under the MOU, Iran agreed to allow traffic through the Strait of Hormuz while […]

Is AI Good For The US Labor Market And Bad For Europe's? France's unemployment rate has been climbing steadily over the past eighteen months to the highest level in five years, with unemployment increasing across all age groups. The US, by contrast, has stayed essentially flat and near multi-decade lows over the past few years. While there are multiple factors driving both country's economic progress (or lack of it), Apollo's Chief Economist, Torsten Slok, recently noted that Europe and the US face the same AI displacement. But, only the US gets what offsets...

Banning Hospitals' 'Certain Contracts' Could Save Americans $45 Billion, Report Finds Authored by Travis Gillmore via The Epoch Times, A ban on certain contracts between hospital systems and health insurers could save Americans around $45 billion, according to a report from White House analysts released on June 18. Lenox Health Greenwich Village Hospital in Manhattan, New York City, on Nov. 2, 2020. Chung I Ho/The Epoch Times "The Council of Economic Advisers' findings reinforce that the Trump administration is delivering meaningful cost reductions for American patients," White House spokeswoman Allison Schuster told The...