Archive for the 'Economy' Category
Russia Will Sell Small Amount of Diesel Fuel Into Global Markets
October 9th, 2026Via: ZeroHedge: With less than a month left until the midterms, and with Trump’s approval rating at daily all time lows largely due to record – for this time of year- gasoline and especially diesel prices – the President badly needed some good news, even if largely superficial, and he announced it late on Friday […]
The Federal Government Ran Up a $2 Trillion Deficit in 2026
October 8th, 2026Via: Reason: Fiscal year 2026 ended last week, and while official figures aren’t out yet, it looks like the federal government spent $2 trillion more than it took in. That’s not quite a record—in dollar terms, the federal government ran a bigger deficit in 2020 when the feds showered money on the country in hopes […]
Ex-CIA Official Found with Gold Bars Admits to Sprawling Scheme, Agrees to Forfeit $194 Million
October 6th, 2026If the tens of thousands of posts on Cryptogon had metrics for weirdness, this would easily be far out in 3 sigma territory. At a minimum, this demonstrates that there is an existing infrastructure for CIA to funnel hundreds of millions of dollars of black budget money into real estate, gold bars and other valuables […]
Trump Allows Farm Diesel for Vehicles Used on Public Roads
October 6th, 2026Via: CNBC: President Donald Trump has allowed the use of cheaper red-dyed diesel, typically reserved for farm operations, to be used more broadly in an attempt to bring down record-high fuel costs. Trump signed an executive order Monday evening stateside to temporarily allow truckers and farmers to use red-dyed diesel — which is exempt from […]
BofA’s Urgent Warning to All Clients
October 5th, 2026Via: Steven Van Metre:
U.S. Sending Third Aircraft Carrier Towards Iran
October 2nd, 2026Via: Al Jazeera: The United States is deploying a third US aircraft carrier to the waters around Iran, a US official told Al Jazeera, as the war enters its eighth month and both sides weigh escalation and diplomatic engagement. The official told Al Jazeera that the USS Theodore Roosevelt carrier strike group left its San […]
Russia Extends Diesel Export Ban Through Oct. 31
October 1st, 2026Via: OilPrice: Russia’s government on Wednesday extended the ban on exports of diesel, marine fuel, and gasoil for all fuel producers by October 31, which effectively extends the period in which the tightening global market will have to cope without Russian diesel shipments for another month. The government took the decision to extend the ban, […]
Leaked Anthropic IPO Prospectus Shows $42BN Net Loss, $518BN In Unfunded Spending Commitments, And $20BN In Cash
September 30th, 2026Via: Reuters: When Anthropic confidentially submitted its draft S-1 to the SEC back in June, it was clear there were many shocking numbers in the IPO prospectus which the company did not want made public amid speculation of massive ongoing losses, but few were prepared for what was leaked today to Reuters. According to a […]
Meta Muse: “It’s Really Just Fun and Cute.”
September 26th, 2026Before looking at Muse, let’s take a brief walk down memory lane with Mark Zuckerberg. First of all, there’s Facebook’s proximity to DARPA LifeLog: LifeLog was a project of the Information Processing Techniques Office of the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense (DOD). According to its bid solicitation pamphlet […]
U.S. CONSIDERING DIESEL EXPORT BAN
September 23rd, 2026Via: CNBC: The Trump administration is looking into whether implementing a diesel export ban would ease record high prices for the critical fuel, Treasury Secretary Scott Bessent said Tuesday. “We’re examining whether it’s feasible in terms of the overall refining capacity and whether a full or partial ban would work,” Bessent said at a bilateral […]
