Despite Warnings, Biden Admin Finalizes Rule That Could Cripple Many Offshore Oil Companies
Despite Warnings, Biden Admin Finalizes Rule That Could Cripple Many Offshore Oil Companies Authored by Pete McGinnis via RealClearPolicy, In June 2023, the Bureau of Ocean Energy Management proposed a rule that would require stricter financial assurance standards for oil companies operating in the Outer Continental Shelf. This costly rule became final on April 15, […]
Dell Shares Plunge After ‘AI Server Backlog Missed Expectations’
Dell Shares Plunge After ‘AI Server Backlog Missed Expectations’ Shares of Dell Technologies plunged the most in years in premarket trading in New York after the company posted in-line fiscal first-quarter results that showed the first revenue increase since 2022. Despite this positive news, investors were primarily concerned with the performance of the company’s artificial intelligence server […]
Numbers At Giant Truck Lender BMO Show Worsening Credit Conditions
Numbers At Giant Truck Lender BMO Show Worsening Credit Conditions By John Kingston of FreightWaves Further credit deterioration in trucking is evident in the quarterly earnings report of Canada’s BMO bank. BMO, the former Bank of Montreal, is one of the largest lenders to the trucking industry. Its transportation unit, purchased from GE Capital in […]
Private Prescription Of Puberty Blockers Banned In UK
Private Prescription Of Puberty Blockers Banned In UK Authored by Victoria Friedman via The Epoch Times, The UK government has banned private gender clinics from prescribing puberty blockers to under-18s, in a move which campaigners say will close a loophole for access to the drugs. The Department of Health and Social Care (DHSC) announced on […]
Watch: Trump Responds After NY Guilty Verdict
Watch: Trump Responds After NY Guilty Verdict Update (1710ET): Former President Donald Trump has been found guilty on all 34 counts in his New York ‘hush money’ trial. The outcome makes him the first former president to become a convicted felon. Trump reportedly stared ahead motionless as the verdict was read. BREAKING.🚨 Here are the […]
Copper to $12,000, Gold to $2,700, Says Goldman Sachs
Goldman Sachs predicts record-high prices for copper and gold in 2024 due to increased demand from AI and defense sectors. The bank forecasts copper to reach $12,000 a ton and gold to hit $2,700 an ounce. This surge is driven by a “5D Bull Market” involving disinvestment, decarbonization, de-risking, data centers, and defense spending. Low […]
U.S. GDP Growth Slows to 1.3% in Q1 Amid Weaker Consumer Spending
The U.S. economy grew by 1.3% in the first quarter, the slowest pace in nearly two years, due to reduced consumer spending and a wider trade deficit. Revised figures showed consumer spending increased by 2%, lower than the previously reported 2.5%. Despite the sluggish start, forecasts suggest GDP growth could rebound to 3% or more […]
Supreme Court Unanimously Rules For NRA In Free Speech Case
Supreme Court Unanimously Rules For NRA In Free Speech Case Authored by Sam Doorman via The Epoch Times, The Supreme Court ruled unanimously that the National Rifle Association plausibly alleged that the administration of the state of New York violated the First Amendment by pressuring insurance companies to cut ties with the gun rights organization. […]
The War On Crypto & The Death of the US Dollar
Join Mike Maloney in this urgent update as he dives into the disintegration of the global financial system.
Stocks Surge After S&P, Dow Jones Index Live Feeds Suddenly Disrupted
Stocks Surge After S&P, Dow Jones Index Live Feeds Suddenly Disrupted Live pricing feeds for the S&P 500 and Dow Jones indices have last updated at 1041ET. “Market data is such an important part of our day-to-day operations,” said Michael Beth, director of equity and derivatives trading at WallachBeth Capital LLC. “It’s always difficult when we […]