Archive for the 'Economy' Category
Gas Prices Up 56% In USA
May 18th, 2026Via: CleanTechnica: US gas prices have gone up, and up, and up since the country bombed Iran in late February. In March, I reported that the average price of gas in the country had gone up from $2.89/gallon to $3.48/gallon. Now, the average price of gas in the US is $4.517/gallon. That’s a 56% increase […]
U.S. Approves Nvidia’s H200 AI Chip Exports to Several Large Chinese Firms
May 14th, 2026Via: First Post: The United States has approved exports of Nvidia’s advanced H200 artificial intelligence chips to several major Chinese technology firms, including Alibaba, Tencent and ByteDance, even as US President Donald Trump held high-stakes talks with Chinese President Xi Jinping in Beijing, Reuters reported on Thursday, citing sources familiar with the matter. According to […]
DARPA Funded Research Into Customized Casimir Cavities Produced ‘MicroSparc’ Device That Allegedly Draws Power from Quantum Vacuum
May 13th, 2026tldr: Output is picoamps at the moment, but it seems real. Via: The Debrief: Casimir Inc, a company founded and led by former DARPA-funded NASA warp drive pioneer and founder of the EagleWorks Lab, Harold G. “Sonny” White, has exited stealth mode to announce the pending 2028 commercialization of MicroSparc, a chip that the company […]
Trump on Economic Disaster Resulting from Iran War: “I Don’t Think About American Financial Situation”
May 12th, 2026Makes sense, if you can front run your market moving statements by minutes… Via: Independent: President Donald Trump on Tuesday said the plight of Americans finding it harder and harder to make ends meet and rising gas and consumer prices simply aren’t on his mind as the months-long Iran war and impasse over the Strait […]
$7 Billion In Perfectly Timed Oil Bets
May 12th, 2026Via: OilPrice: Last month, we reported that over $1 billion in “perfectly timed” wagers, spanning both traditional oil futures and digital prediction markets, accurately anticipated major military and diplomatic shifts linked to developments in the Iran-US war minutes before they were publicly announced, raising major suspicion of insider trading. Many suspicious accounts were newly created […]
Trump When Asked About Audit of Fort Knox: “Which One Are You Talking About?”
May 10th, 2026Your what hurts? ATTKISSON: What happened to the audit of Fort Knox? TRUMP: Which one are you talking about? ATTKISSON: You and Elon Musk talked about auditing the gold TRUMP: We wanted to go knock on the door and see whether or not we have any gold in there. We played with that. I wonder […]
The U.S. Spends More On ‘Defense’ Than The Next 8 Countries Combined
May 3rd, 2026Via: ZeroHedge: For the first time on record, the top 15 military spenders allocated more than $2 trillion to defense in 2025. Total global defense spending also reached a record $2.6 trillion, signaling a major shift in geopolitical priorities. Using data from the International Institute for Strategic Studies, this visualization, via Visual Capitalist’s Dorothy Neufeld, […]
Trump on U.S. Naval Blockade of Iran: “We’re Like Pirates”
May 1st, 2026Speaking tonight at the Forum Club of the Palm Beaches in Florida about the recent interdiction, boarding, and seizure of several Iranian cargo ships and oil tankers by the U.S. Navy, President Trump stated: “We took over the cargo, took over the oil. It's a very profitable… pic.twitter.com/l8IU7Y7tys — OSINTdefender (@sentdefender) May 2, 2026 Via: […]
U.S. Debt Tops 100% of GDP
April 30th, 2026Via: Wall Street Journal: The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II. As of March 31, the country’s publicly held debt was $31.265 trillion, while GDP over the preceding year was $31.216 trillion, […]
‘Quality Learing Center’ And 20 Other Somali-Linked Businesses Raided By FBI, Homeland Security In Minnesota
April 28th, 2026Via: ZeroHedge: Federal agents from the FBI and Homeland Security Investigations (HSI) executed court-authorized search warrants at more than 20 locations across the Minneapolis area early Tuesday morning, targeting businesses primarily linked to the Somali-American community as part of an ongoing criminal fraud investigation.
