Trump Breaks Silence On Whether He Would Pardon ‘Bad Boy’ Hunter Biden
Trump Breaks Silence On Whether He Would Pardon ‘Bad Boy’ Hunter Biden Donald Trump on Thursday said he’s open to pardoning Hunter Biden if he’s reelected – a sharp 180 after railing against the “Biden crime family” for the past four years. BILL MELUGIN: You’ve talked about wanting to unify the country if you’re elected. […]
“We Need Higher Growth, Not Higher Deficits”
“We Need Higher Growth, Not Higher Deficits” By Elwin de Groot, head of macro strategy at Rabobank “We can’t rely on tax revenues to keep flowing – we need economic growth”, was German Finance Minister Lindner’s response to the latest estimate of the expected tax take for the German federal government for the five years […]
GOP Chair: US Must Consider ‘Direct Military Action’ If N.Korean Troops Fight In Ukraine
GOP Chair: US Must Consider ‘Direct Military Action’ If N.Korean Troops Fight In Ukraine Perhaps as expected, some hawks in Washington are reacting loudly and angrily to continuing reports which say North Korean troops are in Russia preparing for greater involvement in Ukraine. South Korean intelligence and the Zelensky government say that some are already […]
Arizona Officials: It Will Take Nearly 2 Weeks To Tabulate 2024 Election In Maricopa
Arizona Officials: It Will Take Nearly 2 Weeks To Tabulate 2024 Election In Maricopa Authored by Jack Phillips via The Epoch Times (emphasis ours), Officials in Arizona’s most populous county warned on Oct. 22 that it may take between 10 and 13 days to tabulate the results of the Nov. 5 election. County officials are […]
Dems Lose Faith As UMich Sentiment Expectations Dip In October
Dems Lose Faith As UMich Sentiment Expectations Dip In October The final data for the UMich Sentiment survey in October surprised bigly to the upside (70.5 vs 69.0 exp vs 70.1 prior), notably above the 68.9 preliminary print as both current conditions and expectations sub-indexes both jumped significantly from their flash prints (but the latter […]
Third-Quarter iPhone Sales In China Fall As Huawei Competition Heats Up
Third-Quarter iPhone Sales In China Fall As Huawei Competition Heats Up The International Data Corporation released a report Friday morning showing that China’s smartphone shipments increased 3.2% year-over-year to 68.8 million units in Q3 2024, marking the fourth consecutive quarter of growth. However, there’s more to the story. Let’s begin with the good news for Apple: “Apple […]
Gold Rush Fizzles: Miners Struggle Despite Bullion Boom
Gold miners are struggling to capitalize on record-high gold prices due to rising operational costs, particularly in labor and other expenses. Newmont Corp., the world’s largest gold miner, reported disappointing earnings, revenue, and profit margins in the third quarter, causing its stock to plummet. This suggests that the gold mining industry may be facing challenges […]
New IRS Unit Begins Targeting Pass-Through Businesses
New IRS Unit Begins Targeting Pass-Through Businesses Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The IRS has officially launched a new unit that it states will “more efficiently conduct audits” of entities known as pass-through businesses. The initiative targets businesses that pay no taxes on their revenue. Instead, the income generated is passed […]
Is Silver the New Gold? Industry Demand Challenges Traditional Hierarchies
Silver prices have reached historic highs on the Multi Commodity Exchange. Anil Agarwal from Vedanta Group highlighted the increasing industrial importance of silver. Demand has doubled, driven by its use in various industries. Hindustan Zinc, part of Vedanta, is a significant producer, and a new industrial park in Rajasthan aims to boost local industries and […]
Kremlin's Economic Gambit: 21% Interest Rate to Tame Runaway Inflation
Russia’s central bank has raised its key interest rate to a record-high 21% in response to persistent inflation, which reached 8.6% year-on-year in September. The bank cited strong domestic demand outpacing supply capabilities and increasing inflation expectations as reasons for the rate hike. This move comes as Russia’s economy continues to grow, driven by oil […]