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The AI Economy, Part 1: Looking Beyond The Facade
The AI Economy, Part 1: Looking Beyond The Facade
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
The US economy’s curb appeal looks great. Consider that gasoline prices are nearly $5, crude oil is trading above $100, consumer sentiment is at historically low levels, and mortgage and other interest rates have remained relatively high. Yet, despite the worrisome headwinds, the US consumer-driven economy continues to expand. However, as with a house’s curb appeal, it’s not just the headline data that defines an economy. Equally important is its supporting structure. Let’s open the door...
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May 4, 2026 / Tyler Durden
Iran War Threatens China's 4.5 Percent Growth Target: Analysts
Iran War Threatens China's 4.5 Percent Growth Target: Analysts
Authored by Jarvis Lim via The Epoch Times (emphasis ours),
China’s already-strained economy faces mounting pressure as the Iran war threatens to choke export growth and suppress domestic demand, putting its 4.5 percent growth target at risk, experts say.
A woman takes a photo of the Lujiazui financial district across the Huangpu River on the Bund promenade in Shanghai, China, on March 5, 2026. Jade Gao/AFP via Getty Images
As the U.S.–Israeli war against the Iranian regime stretches past the two-month mark, President Donald...
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Jun 12, 2026 / Tyler Durden
DOE Declares Southeast Grid Emergency As Sweltering Heat Boosts AC Demand
DOE Declares Southeast Grid Emergency As Sweltering Heat Boosts AC Demand
As the U.S. men's national soccer team kicks off its first match against Paraguay in Southern California on Friday night, large swaths of the country are trapped in what feels like a wet sauna, with dangerous heat and humidity forcing households to crank up their air conditioning and straining power grids from the Southeast to the Northeast.
On Thursday, the Department of Energy issued an emergency order to mitigate blackout risks across the Carolinas amid extreme heat that threatens to...
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Jul 15, 2026 / Dave DeCamp
Israeli Strike in Gaza Kills Father, Mother, and Their Six-Year-Old Daughter
An Israeli strike on Wednesday hit an apartment in central Gaza, killing a man, his wife, and their six-year-old daughter, as the IDF continues its constant violations of the US-backed ceasefire deal. The attack in Deir el-Balah also injured a boy, who is the sole survivor of his family. “The child is the lone survivor. […]
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