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'I See Dead People': Treasury Blocks $99 Million In Federal Payments To Deceased Americans
'I See Dead People': Treasury Blocks $99 Million In Federal Payments To Deceased Americans
The Treasury Department announced Tuesday morning that it has successfully implemented new safeguards to prevent government payments to dead people in an effort to reduce waste and fraud.
The verification system includes screening 885 million federal payments against expanded death records, effectively auditing payments totaling nearly $2.7 trillion.
It has already flagged and stopped payments totaling roughly $99 million that had been marked to be sent to dead people.
"Treasury has delivered on a key promise of President Trump’s...
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Sep 19, 2026 / Tyler Durden
Cuba Hit With National Power Grid Collapse As Oil Sources Dry Up
Cuba Hit With National Power Grid Collapse As Oil Sources Dry Up
Cuba’s power grid collapsed once again this week, this time at a national level, leaving millions of people across the island without electricity. This is the sixth time since the US cut off fuel sources to the island since January that the national grid has collapsed and it's the most utility shutdown events in the country's recent history.
Even when Cuba's grid is in operation, only 30% of the population at most receives electricity at any given time. Many...
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Feb 27, 2026 / Tyler Durden
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January
US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)...
Source: Bloomberg
Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation)
Final demand services: The index for final demand services advanced 0.8% in January, the largest...
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May 17, 2026 / Kyle Anzalone
Report: Classified Intelligence Claims Cuba Acquiring Drones for Potential Conflict with the US
US officials speaking with Axios claimed classified intelligence shows that Cuba has 300 one-way drones to attack US warships and the Florida Keys. The leak of the classified intel comes as President Donald Trump has threatened to attack Cuba and demanded regime change in Havana. A senior US official speaking with the outlet said that […]
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