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Trump’s Iran War Has Already Cost Each American Household $750
The credit agency Moody’s has calculated that the war against Iran has cost each American household $750. Moody’s chief economist Mark Zandi said that in under three months of war, the cost of the war against Iran has already offset the additional tax breaks Americans received under President Donald Trump’s tax cuts. “As of May […]
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Sep 16, 2026 / Tyler Durden
BRICS Summit Takes Aim At US Influence Over The Global Economy
BRICS Summit Takes Aim At US Influence Over The Global Economy
Authored by Eurasianet via OilPrice.com,
BRICS demanded greater developing-country influence at the IMF, World Bank and WTO but avoided directly naming the United States in its criticism.
The declaration urged “maximum restraint” in the Middle East and made no mention of Ukraine, illustrating the compromises required to maintain consensus.
Kazakhstan used the summit to balance BRICS ties with Washington, while Uzbekistan’s president traveled to South Korea and sent a deputy prime minister to represent the country in New Delhi.
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Jul 27, 2026 / Tyler Durden
Trump Accounts Are Now Open: What Parents And Grandparents Need To Know Before Contributing
Trump Accounts Are Now Open: What Parents And Grandparents Need To Know Before Contributing
Authored by Adam H. Douglas via The Epoch Times,
As of July 4, 2026, money can officially flow into Trump accounts, the new child savings vehicle created by last year's tax law.
rblfmr/shutterstock
Millions of families have already signed up, and millions more are asking the same practical questions: does my child qualify, how do I claim the $1,000, and is this better than the 529 plan we already have?
Most coverage explanations answer these questions in tax-professional language. Here...
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Apr 22, 2026 / Tyler Durden
Oil Conundrum: Record Inventory Draws And Stable Crude Prices
Oil Conundrum: Record Inventory Draws And Stable Crude Prices
Something strange is taking place in oil. Crude prices have been remarkably stable over the last week, with Brent mostly trading in the high 90s on mixed prospects for the resolution of the over 7-week conflict in the Persian Gulf, despite signs to the contrary: the second round of talks between the US and Iran has been postponed indefinitely following Iran’s decision not to participate; President Trump extended a ceasefire “until such time as their proposal is submitted, and discussions are...
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