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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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Mar 15, 2026 / Tyler Durden
Hormuz Chokepoint Claims Next Victim: World's Largest Aluminum Smelter Cuts Capacity
Hormuz Chokepoint Claims Next Victim: World's Largest Aluminum Smelter Cuts Capacity
The world's largest single-site aluminium smelter in the Middle East cut its output by about 20% on Sunday, marking yet another troubling development for the global economy. The disruption in the Strait of Hormuz is no longer just an energy story - it's now spreading into industrial metals. These second- and third-order effects could soon disrupt global supply chains and tighten aluminium availability, thus pressuring prices higher.
Bloomberg reports that Aluminium Bahrain (Alba) began a controlled, safe shutdown of three...
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Apr 15, 2026 / Tyler Durden
Roblox Rolls Out Restricted Accounts For Under-16 Users Amid Lawsuit, Social Media Ban
Roblox Rolls Out Restricted Accounts For Under-16 Users Amid Lawsuit, Social Media Ban
Authored by Rex Widerstrom via The Epoch Times (emphasis ours),
While managing to avoid Australia’s under-16 social media ban, the global game creation platform Roblox has moved to introduce restricted accounts for children and teenagers.
A 7-year-old teenage boy looks at a photo screen with Roblox, a social media networking app that will not be age-restricted in Sydney, Australia on Dec. 7, 2025. George Chan/Getty Images
The move also comes in the wake of a lawsuit from Los Angeles County...
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May 26, 2026 / Tyler Durden
Space-Squatters Will Open The Final Frontier
Space-Squatters Will Open The Final Frontier
Authored by Rainer Zitelmann via American Greatness,
When we talk about the future of mankind in space, we should learn from history.
Squatters played a crucial role in the settlement and economic development of the American West. Long before government institutions were firmly established, settlers moved onto unclaimed land, built homes, cultivated farms, and created entire communities without initially possessing formal legal title to the land they occupied.
In many cases, these settlers were the true pioneers of westward expansion. They established the foundations of economic life—farms,...
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