Meanwhile, In England... Idiocy Knows No Bounds

Oil Spikes As Trump Vows To Hit Iran "Extremely Hard Over Next 2-3 Weeks", Threatens To Send It "Back To The Stone Ages" Summary Trump declares 'core strategic objectives met', threatens 2-3 more weeks of bombing, no mention of ceasefire Iranian President Masoud Pezeshkian has released an open letter to the American people, questioning whether Washington is truly putting “America First” or merely acting as a “proxy for Israel” willing to fight “to the last American soldier.” Air defenses have been activated in Dubai, taking out 5 ballistic missiles and 35 drones launched from Iran Iran's...

AI Is Repricing Capital Before It Reprices The Economy Authored by Cory Frank via RealClearMarkets, Earlier this month, the Federal Reserve raised the target range for the federal funds rate by 25 basis points, to 3.75 to 4 percent. Inflation remains elevated even as economic activity continues to expand, productivity is strong and capital investment remains robust. At Jackson Hole a few weeks earlier, Fed Chairman Kevin Warsh highlighted another unusual feature of the economy. Business capital spending is rising rapidly, and he estimated that more than half of its growth this...

Wyoming Is America's Deadliest State For Workers Using data from the U.S. Bureau of Labor Statistics (BLS), Visual Capitalist's Dorothy Neufeld created the following map to show workplace fatality rates across all 50 states in 2024. Wyoming recorded the nation’s highest workplace fatality rate at 13.9 deaths per 100,000 workers, compared with just 1.1 in Rhode Island. Several Southern and Mountain West states also reported rates well above the national average of 3.3. The state-level divide highlights how workplace risk remains concentrated in specific industries and regions across the U.S. economy. Why Resource-Heavy States...