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USPS Pauses Pension Contributions Amid Looming Cash Shortfall
USPS Pauses Pension Contributions Amid Looming Cash Shortfall
Authored by Bill Pan via The Epoch Times,
The U.S. Postal Service (USPS) has temporarily suspended its employer contributions to a government-wide pension plan after warning Congress that, without changes, it could run out of cash within the next year.
On Thursday, USPS told the Office of Personnel Management—the federal government’s human resource division—that it would pause its biweekly employer contributions to the Federal Employees Retirement System, or FERS.
The move is expected to conserve about $2.5 billion through Sept. 30, the end of the...
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May 19, 2026 / Tyler Durden
"Door Of Doom" Looms As 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales
"Door Of Doom" Looms As 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales
Bond yields continued to move sharply higher today, driven in large part by the aggressive repricing in the oil strip as markets (finally) price in a lengthy disruption to Hormuz traffic which has pushed year-end prices higher by about $12 in the past month.
The result has been a spike across virtually all tenors:
*US 2-YEAR YIELD RISES TO 4.11%, HIGHEST SINCE FEBRUARY 2025
*TREASURY 5- AND 7-YEAR YIELDS RISE 10 BASIS POINTS ON...
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Apr 21, 2026 / Tyler Durden
Gold Vs An Erupting Financial Volcano
Gold Vs An Erupting Financial Volcano
Authored by Matthew Piepenburg via VonGreyerz.gold,
Below, we look soberly at the historical case of gold in the backdrop of current headlines and a global financial system nearing an eruption moment.
Although the catalysts of oil, war, bond dysfunction, and bloated stocks may seem modern and unique, the current case for gold is as timeless and constant as nature itself.
Volcanic Parallels…
In May of 1980, David Alexander Johnston, a volcanologist for the United States Geological Survey, was manning an observation post 10 kilometers from the percolating volcano...
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Mar 3, 2026 / Dave DeCamp
US Embassies Say They Can’t Help Evacuate Americans From the Middle East Despite Advisory to Leave
Multiple US embassies in the Middle East have told Americans they cannot facilitate evacuations, despite a State Department advisory for US citizens to leave more than a dozen countries in the region, Business Insider reported on Tuesday. “The US Embassy is not in a position at this time to evacuate or directly assist Americans in departing Israel,” the US […]
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