Tehran Claims US Faces Escalating Economic Fallout From 'War Of Choice' As Hardship Mounts Inside Iran

One way or another, the American taxpayers always get screwed by politicians eager to spend our hard-earned dollars on programs and projects that do little to improve our lives, safeguard our freedoms, or secure our future. Donald Trump—the billionaire trust-fund baby/reality TV showman who transformed himself into a populist champion of working-class Americans—has proven to be […]

Politicians say they can “fix” the economy. But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems. Ryan McMaken is interviewed by John Stossel for this interview about what we can learn from Mises and Hayek.

Bank Stocks Slide On Resurgent Agentic Fears It used to be software that was the first casualty of fears of AI disruption. Today, it's the banks. In a generally flat (and higher for tech stocks) market landscape, banks are conspicuously underperforming today, prompting questions what's the reason for the underperformance.   According to some traders, the reason is the market's newfound obsession with the latest shiny agentic models that are taking the world by storm. As Goldman trader Gaelle Jarrousse writes, she is noting the agentic hit on bank and insurance stocks. She lays...