GDP Shocker: 75% Of US Growth In The First Quarter Was Due To AI

Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation Authored by Felicity Bradstock via OilPrice.com, Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases. Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations. Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks. As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This...

It Was All A Mirage: 2.5 Million Native-Born US Workers Were Just Revised Away One of Donald Trump's core pre-election promises (along with cracking down on immigration and no more foreign wars) was to boost employment for local-born Americans at the expense of the record employment for foreign-born, mostly illegal, workers. And for a while it worked: four months ago, when discussing the September jobs report, we said that while the broader report was generally mixed, it was "indisputably strong when it comes to one thing: the rotation from foreign...

Trump Hikes Global Tariffs To 15%, Blasts "Ridiculous, Anti-American" SCOTUS Ruling Hell hath no fury like a Donald scorned... One day after 'The Supremes' struck down his IEEPA tariffs, President Trump has announced, in a statement issued on Truth Social, that he will raise his new, global tariff to 15% (the maximum allowed under a separate trade law), a day after he took hiked global tariffs to 10% (in response to the SCOTUS ruling). Trump further slammed the SCOTUS decision as "anti-American"... "Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and...