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Americans Are Losing Faith in the Economy

Americans are becoming more pessimistic, and their expectations for inflation are moving in the wrong direction. The University of Michigan’s preliminary October...

India Buys Oil on Price, Not Political Loyalty

India’s refiners are reducing purchases of Russian crude for November delivery because its price advantage has largely disappeared. Chinese demand is pushing up...

Higher Incomes, Empty Pockets

The Federal Reserve’s latest household survey gives Washington plenty of figures to celebrate, provided nobody reads too far down the page. Between 2022 and 2025,...

Zelensky Meme

  AI is Getting...

Trump Strong-Arms Zelensky

As I reported, I was told that President Donald Trump was going to “strong-arm” Zelensky into a ceasefire regarding energy. Trump has made more than 6...

Trump Threatens the Fed as he Cuts a Deal with Putin

QUESTION: What do you think of Trump threatening to cut rates or cut off trade with everyone if the US has a trade deficit? And while you are at it, what about this...