Futures Slide As Tech Tumbles, Korea Crashes

To quote James Carville, “Its the economy stupid!” On Monday I wrote: So the question we ought to ask is why did Donald Trump blink and accept the proposal that Iran proffered way back in April? I think there are several reasons, but the principal one is that the US is running out of oil, […]

Panics, Politics, & Power: America's 3 Experiments With Central Banks Authored by Andrew Moran via The Epoch Times, The Federal Reserve, established more than a century ago, is the United States’ third experiment with central banking. For much of its existence, the institution maintained a low public profile. Only after the 2008 global financial crisis did the Fed begin communicating more openly, introducing post-meeting press conferences and allowing monetary policymakers to engage more frequently with the media. Greater transparency, however, has brought greater scrutiny. Public sentiment toward the Fed and its leadership has fluctuated over...

Italy's Anti-Israel Opposition Declares 'Victory' After Meloni Suspends Defense Pact Italy has suspended the automatic renewal of its defense agreement with Israel amid the ongoing US-Israeli war on Iran, now 'paused' as a two-week ceasefire holds in order to give a chance for talks. Prime Minister Giorgia Meloni announced the significant status change following weeks of tensions over the Israel question, and after other European governments like Spain and France have heaped criticism on Trump's Operation Epic Fury. "The government, considering the situation we are experiencing, has decided to suspend the...