It seems someone tapped the President on the shoulder given this afternoon's explosive opening in futures and he has posted X that spiking oil prices are a "small price to pay" for world peace, adding that prices "will drop rapidly" once the Iran nuc
Back in 1989, it was common for working and middle income Americans to drive cars such as this Chevy Celebrity sedan – which at the time was considered a nothing-special sedan.
The bombs make headlines. The economic unraveling happening quietly underneath them don't. So before we get back to the daily carnage, let's talk about money. It used to be funny, in a rich man's world.
Almost 45,000 for-sale homes that were taken off the market last year were listed in January, according to a new Redfin study, as sellers hope the spring homebuying season will revitalize the sleepy U.S. housing market.
Crude oil was up to $82.30 per barrel as of yesterday morning, which means that the cost of crude oil was up by about 10 percent since the beginning of Operation Epic Fury - the decision to attack Iran and start a general war in the Middle East on be
The oil spike has reached the global pain threshold unleashing liquidations and a scramble for liquidity. At the same time, another big development in private credit that is already spilling over into other parts of the marketplace. The dollar is jum
On this episode of Impact Theory with Tom Bilyeu, we dive deep into the alarming parallels between the 2008 financial crisis and potential dangers lurking within today's financial system. Tom Bilyeu takes us on a revealing journey behind the scenes
With grocery prices still squeezing household budgets amid ongoing inflation, where you shop matters more than ever. A comprehensive price comparison study commissioned by Consumer Reports now shows that Costco has surpassed Walmart to become the mos
In his latest episode of The Peter Schiff Show, Peter responds to President Trump's State of the Union address, laying out a simple but blunt view: markets will force corrections where policy has created imbalances.
Expect to be paying what might as well be called the War Tax very soon – at the pump. It is hard to see how it will help to make America Great Again, but never mind that. It's 2026 now – and making America great is so 2024.
The credit market's terrible, horrible, no good, very bad week finishes off with yet another bankruptcy and more losses for the big Wall Street names. Worse, it's the same thing yet again: fraud and fake collateral.
Long-awaited banking regulation--also known as the Basel III Endgame framework--will be released next month, said the Federal Reserve's top banking regulator.
For years now, the corporate and political left has been obsessed with tidy little three-letter marketing buzzwords that promise compassion and fairness but somehow always deliver the exact opposite.
The Commerce Department's advance retail sales report for December revealed that total US retail receipts were essentially unchanged from November, coming in flat after a 0.6 percent increase in November and well below economists' expectations fo
• https://paulcraigroberts.org, Paul Craig Roberts
On February 25, I wrote on this website that the most important part of President Trump's State of the Union address was the refusal of Democrats to stand if they agreed with his statement: "the first duty of the American government is to prote
Minor adjustments cannot fix a pay-as-you-go system strained by demographic reality. Restoring solvency demands structural changes that emphasize ownership.
The U.S. economy is hurtling toward a cliff, and it seems most are blinded by denial and delusion. National debt is at $38.6 trillion as of February 2026--over $115,000 per U.S. citizen--with interest payments alone devouring billions daily and def
Since Trump, Bessent, Warsh, or other Techbros in Washington, DC don't directly belong to the Trilateral Commission, I had to follow the money to find out who will profit most, and the list is impressive:
When writing historical things, I try to include perspective from people who actually lived through the events. And for money issues in the US, I'm able to do that back to about 1905.
Real estate experts are sounding the alarm over what they describe as a reckless gamble by Zohran Mamdani that could destabilize New York City's fragile housing market.