The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods

President Trump said on Tuesday that the US would provide insurance and naval escorts for tankers transiting the Strait of Hormuz after Iran’s Islamic Revolutionary Guard Corps (IRGC) declared the waterway was closed, a response to the US and Israeli attack on Iran. “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) […]

Reports Say Tehran's Stance 'Unchanged' Amid US Talks At UN Assembly Summary US-Iran talks uncertain: as Iran has stuck by its conditions while engaging Kushner-Witkoff in NY at UN. Iran threatens escalation beyond Persian Gulf: Tehran warned the conflict could spread to the Indian Ocean if attacked again. Yemen front intensifies: Saudi Arabia said it intercepted six Houthi ballistic missiles. Oil markets react: Renewed tensions pushed Brent crude to $106/barrel, undermining hopes for a quick deal. US announces end of Iranian blockade by October 15, 2026? Yes 23% · No 80%View full market & trade on Polymarket...

Obama-Nominated Judge Orders Trump's Name Removed From Kennedy Center Building Authored by Matthew Vadum via The Epoch Times, A federal district judge on May 29 ordered that President Donald Trump’s name be removed from the John F. Kennedy Center for the Performing Arts and blocked officials from shuttering the venue for two years for renovations. Obama-nominated, Washington-based Judge Christopher R. Cooper issued an order temporarily halting the closure and preventing the name change. “Congress gave the Kennedy Center its name, and only Congress can change it,” the judge said. The new ruling came in...