Oil Prices Surge Above $109 As Middle East Conflict Fuels Supply Fears
US West Texas Intermediate crude futures gained 2.8% to $100.67, crossing $100 for the first time since September 21.
Trade
One Of America’s Largest Industries Is In Danger, New Documentary Warns
According to the U.S. Department of Agriculture, America imported $20.3 billion more seafood than it exported in 2023
China’s Economic Miracle Has Run Out Of Road
Logan Wright’s Broken China: How the Economic Miracle Shattered and What It Means for the World provides considerable, up-to-date evidence for the minority view.
Tanker Strikes Rise As Iran Seeks To Regain Control Over Gulf Shipping
Shipping data from Kpler showed traffic falling sharply, with just seven tankers crossing on Tuesday.
IMF Warns Of Financial Risks From Rising Debt And Circular AI Deals
The fund highlighted growing hedge fund exposure to US Treasuries, warning that leveraged positions could unwind simultaneously and disrupt markets
Repeal The Jones Act
Called the Merchant Marine Act of 1920, the Jones Act was passed shortly after World War I to protect the American maritime and shipbuilding industries.
Trump’s Fact-free Diatribe On The Price Of Oil
The 2025 shutdowns at the LyondellBasell Houston and Phillips 66 Los Angeles refineries cut total US refining capacity by about 400,000 barrels per day
Michigan Republican Mike Rogers Calls For End To Canada Tariff War
Trump imposed 50% tariffs on about $20 billion worth of Canadian goods, with Michigan among the states affected by the trade measures.
US Trade Deficit Widens 13.7% to $105.6 Billion In August
The increase came despite President Donald Trump’s tariff policies, as businesses continued relying on foreign goods to meet demand.
September Jobs Report Shows Sharp US Labor Market Slowdown
Despite weak payroll growth, the household survey showed employment rising by 406,000. Labor-force participation increased to 61.8%.
Victor Davis Hanson: Why Is Mark Carney Preparing For An American Invasion?
His latest is he tells a reporter that, yes, he has thought of preparing the Canadian military to prepare for an invasion by the United States.
3 Reasons A Ban On Diesel Exports Won’t Work
There are a number of problems with that. First and foremost, you just don’t have a lot of places to put all that produced diesel. Right now, we export about a million and a half barrels a day.
What Iowa’s New Steel Mill Means For The Midwest
These are some of the tangible benefits of reindustrializing America, but there is something deeper going on as well.
Rising Inflation And Debt Concerns Rattle Global Bond Markets
The latest pressure follows stronger-than-expected US economic growth and inflation readings that remain above the Federal Reserve’s target
Strong Consumer Spending Lifts US Economic Growth To 2.2%
Business investment also strengthened, with spending on artificial intelligence contributing to the expansion
Americans Grow More Worried About Prices And The Job Market
The Consumer Confidence Index dropped 6.7 points to 81.9, significantly below the 89 forecast by economists surveyed by Dow Jones