Russia Says Fuel Crisis Is Easing As Refineries Restart

US Strikes Iran In Retaliation To Hormuz Ship Attack Update (5:00pm ET): As was expected, the US retaliated against Iran one day after Tehran struck a commercial ship in the Strait of Hormuz, a tit-for-tat exchange similar to one observed a week ago, and one which threatened to break the two countries’ fragile ceasefire although we doubt there will be further escalation. US Central Command said that American aircraft on Friday hit Iranian missile and drone storage sites as well as coastal radar installations, reportedly on Sirik Island located near the Strait...

Is There More Risk Than Reward In The US–China Summit? Authored by James Gorrie via The Epoch Times (emphasis ours), Do the advantages of the U.S.–China summit still outweigh the disadvantages? Perhaps, but the negative risks are high. President Donald Trump (left) and Chinese leader Xi Jinping shake hands before their meeting at Gimhae International Airport in Busan, South Korea, on Oct. 30, 2025. Mark Schiefelbein/AP Photo The scheduled May 14–15 summit in Beijing between President Donald Trump and Chinese leader Xi Jinping was intended to be a landmark “reset” between the two nations....

How America's Wealth Distribution Has Changed Over The Last 40 Years Wealth reflects the value of everything households own, including homes, stocks, businesses, and savings, minus what they owe. Because different wealth groups own very different mixes of assets, long-term market trends can reshape how the nation’s wealth is divided. This graphic, via Visual Capitalist's Boyan Girginov, tracks how U.S. household wealth has shifted across wealth groups from Q3 1989 to Q4 2025 using data from the Federal Reserve’s Distributional Financial Accounts. Wealth of the Top 1% vs. the Bottom 90% The table below shows...