NJ Transit Cuts World Cup Train Fare After Backlash Over $150 Ticket Price

EU NatGas Hits 2023 Energy Crisis Levels As Trump's "Economic D-Day" Clouds Hormuz Reopening European natural gas prices surged to levels last seen during the energy crisis triggered by Russia's invasion of Ukraine, when severe supply disruptions sent global markets into turmoil. The catalyst was an overnight Truth Social post from President Trump declaring "ECONOMIC D-DAY" against Iran. The announcement raises the probability of prolonged disruption in the Strait of Hormuz, a critical maritime transit corridor for Gulf energy exports. For Europe, continued disruptions in the Strait of Hormuz would constrain access...

Key Events This Week: CPI, PCE, Durable, FOMC Minutes And More In addition to Iran war developments, this week’s economic calendar will focus on the inflation side of the Fed’s dual mandate following a solid March employment report. The key data releases this week are the February durable goods report on Tuesday, the February PCE report on Thursday, and the March CPI report on Friday. Fed Vice Chair Philip Jefferson will deliver a speech on the economic outlook on Tuesday. The minutes to the FOMC’s March meeting will be released on...

Feedstock Is Not Fuel: Why Venezuelan Crude Is No Near-Term Fix Authored by former CIA officer Larry Johnson My friend, Karl Miller, is out with a great piece that exposes Trump’s claims about Venezuelan oil as a massive case of gaslighting. I am summarizing his piece, which is titled,“Venezuela Oil: The Physical Barrel and the Capital Bill,” because it is not publicly available via a link. On August 27 2026, President Trump announced what he called the biggest oil deal in world history — a US-Venezuela agreement giving the United States majority...