Oil Holds Highs After Total Crude Stocks Rose, US Production & Gasoline Demand Dipped

Ron Paul: The Federal Reserve Is Why The People Are Unhappy Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, According to the University of Michigan’s latest Index of Consumer Sentiment, a record number of Americans have negative views of the economy. This is yet more evidence that the American people are dissatisfied with their economic condition. Some commentators have claimed to be perplexed by the people’s negative views of the economy since government statistics show that most Americans have good jobs that pay them good salaries. One...

Navy Awards Boeing $20 Billion Contract For Next-Generation Fighter Authored by Tom Gantert via The Epoch Times, Boeing has secured a contract worth more than $20 billion to develop the U.S. Navy's next-generation carrier-based fighter. The Boeing Co. logo is displayed outside of company offices near Los Angeles International Airport in El Segundo, Calif., on Jan. 18, 2024. Patrick T. Fallon/AFP via Getty ImagesThe Navy contract covers full-scale development of the sixth-generation F/A-XX Strike Fighter, including testing units for ground, airworthiness, systems and weapons. The aircraft is expected to supplement and eventually replace...

DeepSeek's 160,000 Huawei Order Is A Real Threat To Nvidia In 2027 Roughly 350 kilometers northwest of Beijing, in the city of Ulanqab, DeepSeek is constructing a data center measured in gigawatts. Running at full capacity, the site would draw enough power to supply 750,000 homes. On Friday, Bloomberg reported that DeepSeek intends to fill a portion of this massive footprint with at least 160,000 of Huawei's newest AI processors, the Ascend 950DT. Once operational, it will stand as the largest known cluster of Chinese-made AI silicon in the world. Yet,...