Dem Lawmakers Launch New Probe Of RFK Jr.

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...

In spite of repeated claims from the Federal Reserve that monetary policy is at least moderately restrictive, there is no sign of any slowing in money-supply growth.

Traders Are Shorting Oil As If The Hormuz Crisis Is Over Authored by Tsvetana Paraskova via OilPrice.com, Oil traders are increasingly betting on lower prices, with short positions in Brent crude tripling since late March despite the loss of roughly 13 million bpd of supply from the Middle East. Physical market fundamentals are tightening rapidly, as global inventories have fallen by about 250 million barrels and key storage hubs like Cushing are approaching critically low levels. Analysts warn the market may be underestimating supply risks, with even a reopening of the Strait of...