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"Going To Cripple Our Economy": Small Businesses Sound Alarm Over Record Diesel Price Spike
"Going To Cripple Our Economy": Small Businesses Sound Alarm Over Record Diesel Price Spike
The latest AAA fuel data from across America shows that the national average diesel price at the pump has jumped nearly 40% this month, surpassing the 2022 fuel spike that followed Russia's invasion of Ukraine.
Surging diesel prices are already generating a shock across trucking, rail, shipping, farm equipment, construction machinery, generators, and much of industrial logistics, given that the fuel powers the core of the economy.
Seasonality: AAA Daily National Avg. Diesel 2022 vs. 2026
Companies now face...
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Jul 28, 2026 / Tyler Durden
Erdogan's Ottoman Gambit: Turkey Prepares For New Regional Order
Erdogan's Ottoman Gambit: Turkey Prepares For New Regional Order
Authored by Chris Macintosh via InternationalMan.com,
Turkey is simultaneously dumping US Treasuries, deepening Russia’s energy embrace, rolling out a tax regime to poach capital fleeing the Gulf… and squaring off against an Israeli political class that now speaks openly of Turkey as an enemy. It’s strategic.
Turkey sold nearly all of its US Treasury holdings in March — cutting them from $16 billion to just $1.8 billion in a single month. The official narrative frames this as emergency reserve management amid a weakening...
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May 20, 2026 / Tyler Durden
Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Asian equities extended losses for a fourth straight session, with South Korea's benchmark KOSPI falling about 1% as the market priced in the shock of an imminent labor action at Samsung Electronics.
A full-scale, 18-day strike involving more than 47,000 workers at the world's largest memory-chip maker is set to begin Thursday, raising the risk of production disruptions across the global semiconductor supply chain, which is already tight due to AI data center buildouts.
Samsung Electronics' talks with...
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Jul 20, 2026 / Tyler Durden
30-Year Fixed-Rate Mortgage Reaches Highest Level In Almost A Year
30-Year Fixed-Rate Mortgage Reaches Highest Level In Almost A Year
Authored by Naveen Athrappully via The Epoch Times,
The average weekly rate on a 30-year fixed-rate mortgage is at its highest level in nearly a year, contributing to elevated housing costs and dampening buyer interest.
A home for sale in Alhambra, Calif., on Aug. 28, 2025. Frederic J. Brown/AFP via Getty Images
For the most recent week, the mortgage rate was at 6.55 percent, according to a July 16 statement by Freddie Mac. This is the highest level since the week ending Aug....
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