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Consumers Face Fiscal-Cliff As Tax-Refund Sugar-High Fades
Consumers Face Fiscal-Cliff As Tax-Refund Sugar-High Fades
Nearly two months of the national average gasoline price exceeding the politically sensitive $4-per-gallon level have left corporate America increasingly worried about consumer health this earnings season. Kraft Heinz's CEO warned that some households are "literally running out of money," while UBS analysts caution that even as the AI-linked chip and memory bubble inflates markets to new highs, there are growing "consumer cracks beneath the surface."
The Financial Times reports that U.S. consumers may face a cash crunch this summer as Trump-era tax refund...
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May 9, 2026 / Tyler Durden
4 Key Points From New White House Counter-Terror Strategy
4 Key Points From New White House Counter-Terror Strategy
Authored by Ryan Morgan via The Epoch Times,
President Donald Trump’s administration rolled out its new counterterrorism strategy overview on May 6, articulating recent policy shifts and new pledges going forward.
The 16-page strategy guide seeks to articulate an “America First” approach to dealing with militants, extremists, and criminal enterprises.
“For the 25th Anniversary of the 9/11 terror attacks, America has returned to a common sense and reality-based Counterterrorism Strategy,” the document states.
“President Trump has [effected] a complete revision of how we defeat threats...
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Jul 23, 2026 / Joakim Book
How Norway Built the World’s Largest Fund and a Thriving Economy to Boot
Norway sits on large oil deposits, yet has managed to avoid the “resource curse” that has bedeviled so many nations that have abundant natural resources, but severely mismanage their economies.
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Jun 21, 2026 / Kyle Anzalone
UN Ambassador Mike Waltz: White House Taking Pragmatic Approach to Iran Talks
US Ambassador to the UN Mike Waltz says that the White House is taking a “pragmatic approach” to Iran, but the President remains laser-focused on the nuclear issue. “None of these senior members of this genocidal regime are good guys by any means,” Waltz Sunday said on Face the Nation. “They certainly wouldn’t pass an […]
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