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LIV Golf CEO Denies "Speculation" That Saudi Arabia On Cusp Of Severing Ties

LIV Golf CEO Denies "Speculation" That Saudi Arabia On Cusp Of Severing Ties Update (1130ET): Amid reports that Saudi Arabia's Public Investment Fund might be on the verge of pulling its funding for the league, LIV Golf CEO Scott O'Neil told staff in an email overnight that its season will go on "as planned, uninterrupted and at full throttle." The email, which was obtained by ESPN, didn't directly address reports that PIF might stop investing in the breakaway circuit after spending more than $5 billion since its inception in 2022, or whether...
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Mar 26, 2026 / Tyler Durden
Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State
Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State Authored by Tyler Turman via TheDailyEconomy.org, America has spent more than $20 trillion on fighting poverty since the introduction of President Johnson’s Great Society program in 1964. Sixty years later, how are we doing? That depends, as it turns out, on how you measure it. Last month, Senator Kennedy (R-LA) introduced a bill that would require the Census Bureau to report a new poverty metric as an alternative to the Official Poverty Measure (OPM) by including both cash and non-cash welfare benefits in its calculations. As Kennedy points...
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Apr 1, 2026 / Tyler Durden
Minnesota Judges Enabling Somali Fraud Epidemic With Slaps On Wrist
Minnesota Judges Enabling Somali Fraud Epidemic With Slaps On Wrist The Feeding Our Future fraud is the largest pandemic-relief theft in American history - $250 million stolen, mostly by Somali immigrants who fabricated meal counts and pocketed federal child nutrition funds. The prosecutions have dragged on for years. Now that sentences are finally coming down, a troubling pattern is emerging: the punishments don’t seem to fit the crime. U.S. District Judge Nancy Brasel — nominated to the bench in 2018 through a package deal between the first Trump administration and Minnesota's Senate Democrats —...
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Jun 7, 2026 / Tyler Durden
Trump Admin Announces $850MM To Modernize US Coal Capacity, Build 2 New Plants
Trump Admin Announces $850MM To Modernize US Coal Capacity, Build 2 New Plants By Robert Walton of UtilityDive The Trump administration approved 76 coal-related permits in more than a year of efforts to revive the flagging fuel and execute an agenda of “energy dominance.” His latest attempt includes tapping Defense Production Act funding to expand the industry. “Last year we prevented 17 GW of coal-powered electricity from going offline. That’s enough power for about 13 million homes, and at a very low price. It’s the lowest price,” Trump said of coal resources. But...
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