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Americans Are Becoming More And More Interested In Buying Chinese EVs
Americans Are Becoming More And More Interested In Buying Chinese EVs
As electric vehicle (EV) adoption grows in the United States, a segment of American consumers is increasingly drawn to Chinese-made models—largely due to their affordability, advanced technology, and feature-rich designs. However, steep trade barriers and political resistance continue to keep these vehicles out of the U.S. market, according to Reuters.
With the average price of a new car in the U.S. մոտ $50,000, Chinese EVs—many of which sell for under $30,000 in international markets—are gaining attention for offering strong value....
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Apr 7, 2026 / Tyler Durden
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
While the monthly jobs report has become a veritable economic random number generator, with every monthly print coming either well below or above the forecast stack, the weekly initial claims report has become its foil - a study in boring reporting, with numbers barely budging week to week, and usually falling right on top of Wall Street estimates. A similar dynamic is emerging for the monthly consumer credit report: following a volatile 2025, when revolving credit swung around wildly...
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Feb 28, 2026 / Tyler Durden
Federal Judge Rules IRS Illegally Shared Taxpayer Data With ICE
Federal Judge Rules IRS Illegally Shared Taxpayer Data With ICE
Authored by Jack Phillips via The Epoch Times (emphasis ours),
A federal judge on Feb. 26 ruled that the IRS acted illegally by disclosing taxpayer information to Immigration and Customs Enforcement (ICE).
The IRS in Washington on Jan. 6, 2026. Madalina Kilroy/The Epoch Times
U.S. District Judge Colleen Kollar-Kotelly said the IRS erred when it shared the taxpayer information with ICE and the Department of Homeland Security (DHS) as part of an agreement between the two agencies in a bid to identify illegal...
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May 21, 2026 / Tyler Durden
Rickards: Investing In A World In Turmoil
Rickards: Investing In A World In Turmoil
Authored by James Rickards via DailyReckoning.com,
To say that the world is in turmoil to an extent not seen since the 1960s is an understatement.
The war in Ukraine is now in its fifth year. The war in Iran continues with no end in sight, despite Trump’s optimistic talk. NATO may be nearing the break-up stage as Trump pulls U.S. troops out of Germany.
Energy prices are soaring, inflation has accelerated sharply again, consumer confidence has fallen sharply, debt is at an all-time high and supply...
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