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Everyone Talks About The Cost Of Gasoline... Soon Everyone Will Be Talking About The Cost Of Food

Everyone Talks About The Cost Of Gasoline... Soon Everyone Will Be Talking About The Cost Of Food Authored by Michael Snyder via The Economic Collapse Blog.  For most people, the price of gasoline is the most obvious consequence of the war in the Middle East. As I write this article, the average price of a gallon of gasoline in the United States is $4.56. Of course, in some parts of the country, consumers are paying much more than that. This is a big story, and the truth is that gasoline prices are going...
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Mar 16, 2026 / Tyler Durden
Starmer Vows UK Won't Be Drawn Into Wider War In Middle East, Hormuz Crisis 'Not A Simple Task'
Starmer Vows UK Won't Be Drawn Into Wider War In Middle East, Hormuz Crisis 'Not A Simple Task' British Prime Minister Keir Starmer spoke to President Trump on Sunday night, with Starmer on Monday describing that the two leaders discussed events "in the way that you would expect between two allies and two leaders" and he had a "good relationship" with the US president. His articulation of an apparently positive and frank talk comes while he trying to dismiss suggestions the relationship with Britain's key ally had been damaged due to...
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May 8, 2026 / Tyler Durden
OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan
OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan SoftBank Group's abrupt scaling back of a planned $10 billion margin loan backed by its roughly 13% stake in OpenAI - now targeting as little as $6 billion - reveals deepening lender unease over the AI giant’s $852 billion post-money valuation set in March 2026. The move follows earlier $40 billion bridge financing and comes amid reports that OpenAI missed internal revenue and weekly-active-user targets earlier this year. While the loan itself is SoftBank’s problem, the episode carries real risks for OpenAI. The...
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Jul 1, 2026 / Rep. John J. Duncan Jr.
Americans Want Peace, Israel Wants War
America wants peace. Israel wants war. The great majority of Americans want an end to the war against Iran. The great majority in Congress just want more contributions from the Israel Lobby and its supporters. Now, most members of Congress are really squirming. They know that most of their constituents are fed up with foreign […]
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