Key Events This Week: PPI, Industrial Production, Q1 Earnings, Iran War

Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records Rep. Eric Swalwell (D-CA) resigned from Congress on Tuesday, effective today, capping a stunning collapse of his political career just one day after he suspended his bid for California governor. The move came hours after a new accuser, Lonna Drewes, held a press conference in Beverly Hills alleging that Swalwell drugged, raped, and choked her unconscious in a West Hollywood hotel room in July 2018. Drewes, a former model and fashion technology entrepreneur, told reporters she...

At Last Minute, SEC Suddenly Delays Plan To Allow Crypto Versions Of US Stocks Authored by Micah Zimmerman via Bitcoin Magazine, The Securities and Exchange Commission has pumped the brakes on its highly anticipated “innovation exemption” for tokenized stocks, pushing back the release of the framework as it weighs input from traditional stock exchanges and other market participants wary of the plan’s sweeping implications, according to Bloomberg reporting. The SEC, under Chair Paul Atkins, was preparing to release the so-called innovation exemption as soon as this week. The framework would create a new regulatory pathway allowing...

Washington and Moscow both enthusiastically celebrated the victory of the Allied “Grand Alliance” over the fascist powers at the end of World War II.  Since then, however, the two capitals have typically been on opposite sides of numerous nasty geostrategic struggles around the world.  They also have relished opportunities to work with foreign countries and […]