Oil Price Shock Drives 140% Surge In China's EV Exports To Record High

Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks  President Trump on Tuesday belatedly hit back at Chancellor Friedrich Merz after on Monday the German leader told students in a talk that the United States is being “humiliated” by Iranian leaders, amid struggling on-and-off negotiations, and as a crisis in the Strait of Hormuz shows no signs of de-escalating. Merz had said he didn’t see "what strategic exit the Americans are now choosing" while simultaneously describing that Tehran’s negotiators are proceeding "very skillfully - or indeed very skillfully not negotiating." The result,...

Record Ground Beef Prices May Finally Be Breaking Consumer Demand Last week's retail sales report provided fresh evidence that the K-shaped economy is buckling, with national average gasoline prices still printing above $4 a gallon and discretionary spending weakening. Consumer stress is now surfacing in the grocery aisle: as beef prices hover near record highs, Americans are beginning to trade down to cheaper proteins. Bloomberg cites new data from Chicago-based market research company Circana, showing that beef sales volumes declined .3% during the 13 weeks through mid-July. Volumes had risen about...

NANO Nuclear's Reactor Construction Permit Accepted For Review The Nuclear Regulatory Commission (NRC) has formally begun its review of the construction permit application for an advanced microreactor at the University of Illinois Urbana-Champaign.  ✅ #NRCNews: We've kicked off the formal review of the @UofIllinois application for an advanced microreactor. https://t.co/0gMFCuDv5u — NRC (@NRCgov) May 19, 2026 The announcement marks the transition from the agency’s acceptance review to the substantive technical evaluation of NANO Nuclear’s KRONOS design. This step carries more weight than the initial filing. Submitting an application demonstrates readiness on paper; the NRC’s...