Savings Rate Slides As Fed's Favorite Inflation Gauge Slowed In February (Ahead Of War)

Iran’s Tasnim news agency reported that a US attack in the Strait of Hormuz on Monday hit cargo vessels, not boats belonging to Iran’s Islamic Revolutionary Guard Corps (IRGC), contradicting claims from US Central Command. CENTCOM said that its forces destroyed six Iranian naval boats that attempted to interfere with commercial shipping, and President Trump […]

AI Content 'Incidents' Skyrocket: A Growing Threat In The Digital Age The latest data from the OECD’s AI Incidents and Hazard Monitor reveals a staggering boom in monthly media-reported AI-related content incidents: from just about 50 in early 2020, to over 200 in early 2024 and nearly 500 by January 2026, representing a tenfold increase over the period. As Statista's Tristan Gaudiaut details in the infographic below, the rise has been particularly strong since last year (doubling in the last twelve months). You will find more infographics at Statista This exponential rise underscores the rapid...

Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.