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Wall Street Bonus Pool Hits Record Despite "Domestic And International Upheavals"
Wall Street Bonus Pool Hits Record Despite "Domestic And International Upheavals"
As the K-shaped economy rages on, gasoline and diesel prices at the pump spike, and risks of food inflation later this year mount, Wall Street's bonus pool surged to a record in 2025, even as the Trump administration insists the inflationary shock is temporary.
On Thursday, New York State Comptroller Thomas DiNapoli released a new report showing that the Wall Street bonus pool surged to a record $49.2 billion in 2025, up 9% from the previous year, while the average...
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Sep 12, 2026 / Tyler Durden
Trump & Hegseth Try To Tie Iran To 9/11 At Pentagon Ceremony
Trump & Hegseth Try To Tie Iran To 9/11 At Pentagon Ceremony
The two main 9/11 ceremonies on Friday marking 25 years since the terror attacks were held at Ground Zero in New York City and the Pentagon in Washington DC. President Trump attended the latter while VP JD Vance was present at the former.
War Secretary Pete Hegseth also helped lead remembrance events at the Pentagon, but at the annual NYC commemoration, Vance appeared to keep a lower profile while listening from the audience to names being read out.
Trump and...
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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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Aug 24, 2026 / Tyler Durden
Japan Power Prices Surge To Highest Since 2023
Japan Power Prices Surge To Highest Since 2023
By Tsvetana Paraskova of OilPrice.com
Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an intense heatwave pushed up prices and consumption.
The day-ahead power price in Japan has jumped to $0.16 (25.18 Japanese yen) per kilowatt-hour (kWh) on Monday, per data from the Japan Electric Power Exchange cited by Bloomberg.
The heatwave in Japan is set to intensify later this week,...
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