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DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide
DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide
Shares of Tyson Foods and Smithfield Foods fell in late-morning trading in New York after The Wall Street Journal reported that the Justice Department's antitrust division has opened a criminal probe into major meatpackers.
The report follows President Trump's push for an investigation into meatpackers as supermarket beef prices remain near record highs.
Criminal antitrust cases are typically brought for alleged price-fixing, collusion, or bid-rigging. While the DoJ previously disclosed an investigation into beef companies after Trump called for action, it...
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Apr 25, 2026 / Ulrich F.
Why Representative Democracy Is Obsolete
The word “democracy” is almost sacrosanct in modern society, yet what advocates call “our democracy” is not what it claims to be. Real democracy can be found in the workings of the free market, not the political halls.
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Mar 21, 2026 / Tyler Durden
US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply
US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply
On Thursday, Scott Bessent told Fox News that the US is considering unsanctioning Iranian oil, thereby making the 140 million barrels stuck on Iranian tankers, available to any buyer in the world and not just China, to ease the supply-chain bottlenecks that emerged after the Strait of Hormuz was blocked. In doing so, another formerly sanctioned US nemesis would be allowed free access to global markets, after Russia received a similar "temporary" permit a week earlier.
"In the coming...
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Sep 2, 2026 / Dave DeCamp
Iran Says US Strikes on Tuesday Killed 18, Wounded 108
Iranian Health Ministry officials said on Wednesday that a series of US strikes that hit targets across Iran’s southern coast on Tuesday killed at least 18 people and wounded 108. Among the dead were security personnel and civilians, including civilians who were killed by a US strike that Iranian officials said hit a wedding ceremony […]
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