US Savings Rate Tumbles Despite Lowest Jobless Claims Data In 57 Years

Federal Government Backs Supreme Court Challenge To AR-15 Bans Authored by Bill Pan via The Epoch Times, The federal government is urging the U.S. Supreme Court to side with gun owners challenging state and local bans on AR-15-style rifles. In a brief filed Friday, Solicitor General D. John Sauer asked the justices to overturn rulings from the U.S. Courts of Appeals for the Second and Seventh Circuits, which upheld AR-15 bans in Connecticut and Cook County, Illinois, respectively. "The AR-15 rifle is unquestionably in common use among law-abiding citizens for lawful purposes," the...

Crude Stocks Rise 3.5 Million, Highest Since May 2025 With oil flows passing through the Straits of Hormuz blocked indefinitely, markets were paying especially close attention to today's weekly DOE report on oil stocks, to see how much capacity the US has in case of a prolonged lockout. The result was satisfactory.  The DOE reported the following weekly changes: Crude +3.475MM, more than the expected +3.00MM, and the highest since May 2025 Gasoline -1.704MM, down to the lowest since Jan 9, 2026 Distillates +429K, biggest increase since Jan 2026 Cushing +1.6MM, rising to the highest...

The radical classical liberals of the past were not so naive as to think that words on paper would prevent the abuses of the central state. Allowing the central state to have a monopoly on coercive power is always a mistake.