Crude Tumbles As Pakistan Hints 'Final Draft' Iran Peace Agreement Is Imminent

US-Israeli strikes in Tehran on Wednesday damaged a Russian Orthodox Church, the Russian Embassy in Iran has said, as the bombing campaign continues to have a devastating impact on civilians. “Two missile strikes on the morning of April 1st in the immediate vicinity of St. Nicholas Orthodox Cathedral in Tehran caused damage to the main […]

Bigger Isn't Better: A Case For Downsizing The Federal Reserve Authored by via Paul Mueller via the American Institute for Economic Research (AIER), President Trump’s conflicts with Federal Reserve Chairman Jerome Powell and with Board of Governors member Lisa Cook have obscured real shortcomings at the Federal Reserve and brought little useful change. These conflicts tend to focus on whether the Fed’s target interest rate is too high or too low. Meanwhile, institutional problems at the Fed have been largely overlooked. But there is an opportunity here with Trump’s nominee for Fed chair, Kevin...

"Working Better": Saylor Teases BTC Buy After Strategy Sells For First Time Since 2022 Bitcoin is extending its recent weakness overnight (hurt by US-Iran tensions escalating again), trading back below its 100DMA after Strategy (MSTR) sold 32 bitcoin between May 26 and May 31 at an average net price of $77,135 a coin, totaling $2.5 million (disclosed in an 8-K filing on Monday). Proceeds from the bitcoin sales are expected to be used to fund distributions on preferred stock, the firm said. This is the first time Strategy has sold bitcoin since December 2022,...