Socialism, Not Sanctions, Is Responsible For The Destruction Of Venezuela Authored by Daniel Lacalle, Venezuela is not poor due to sanctions. It is poor because the Chavez-Maduro regime stole hundreds of billions of dollars and demolished the productive fabric of the economy. Venezuela had 12,700 private companies when Chávez came to power, according to Conindustria. Only about 3,800 manufacturing industries are still […]

UBS Explains Why Trump’s 10% Credit Card Rate Cap Is “Unlikely” To Happen Update (1520ET): Analysts Erika Najarian and Tim Chiodo told clients that President Trump’s proposed 10% one-year cap on credit card interest rates is “unlikely.” The analysts explain their reasoning: With the midterms ahead and affordability remaining top of mind for voters, President Trump posted on social media that he is calling for a 10% rate cap on […]

Most US Debanking Cases Stem From Government Pressure, Report Says Authored by Stephen Katte via CoinTelegraph.com, The majority of debanking cases in the US are a result of government pressure, rather than individual banks’ policies, according to a new report from the American think tank the Cato Institute. Cato Institute analyst Nicholas Anthony explained in a report on Thursday that debanking could take several forms: […]

Small Modular Reactor Developers Push New Partnerships And Use Cases Hot on the heels of the biggest nuclear energy deal by a tech company to date, one which saw Meta validate Oklo’s “proof of concept” by committing to purchase 1.2 GW of new energy … … peer Small Module Reactor (SMR) developers, Nano Nuclear and NuScale Power, released their own updates on new engineering partnerships and potential use cases. Nano Nuclear, […]

Going Full Spartacus: Democrats Hold Chest-Thumping Press Conferences To Fuel Anti-ICE Rage Authored by Jonathan Turley, “Say her name.” From Portland to Philadelphia, the mantra is being used by politicians to fuel the anger over the shooting of Renee Good in Minneapolis. While many of us have noted that the shooting appears to fall within the guidelines set by the Supreme Court for the justified use of lethal force, there […]

Trump May Freeze Exxon Out Of Venezuela After CEO Darren Woods Called It “Uninvestable” Tensions flared between Exxon Mobil and the White House after CEO Darren Woods cast doubt on Venezuela’s appeal as an investment destination during a closed-door meeting with U.S. President Donald Trump and other oil executives last week, according to Reuters. Woods argued that without sweeping legal and regulatory changes, the country could […]

10Y Auction Stops Through In Solid Start For 2026 Treasury Sales Shortly after a solid 3Y auction, the first of the year, priced just through the WI by 0.1bps, moments ago we got the first sale of benchmark 10Y paper for 2026 in what was another solid auction. Today’s sale of $39BN in 10Y paper priced at 4.173% just after 1pm ET. This was barely changed from the 4.175% in December in what appears to be duration paralysis. And with […]

Republicans Have Quickly Rallied Behind Trump On Venezuela A week after “Operation Absolute Resolve”, which saw the U.S. military attack targets in Venezuela to capture and extract President Nicolás Maduro, the international community is still grappling over the legality of the U.S. intervention. While some experts are saying that the illegality of the U.S. attack is beyond doubt, U.S. allies are hesitant to openly denounce the […]

Burning The Bridgeheads By Rabobank 2-year Treasury yields closed 4.4bps higher at 3.53% on Friday after December non-farm payrolls showed the unemployment rate falling to 4.4% and wage growth accelerating despite slower-than-expected hiring. Fed-dated OIS has seen a modest upward re-pricing in the market-implied path of the Fed Funds Rate, though two 25bp cuts by the end of the year remain in the curve with the first fully priced […]

Noem: DHS Sending “Hundreds More” Federal Agents To Minneapolis Authored by Jack Phillips via The Epoch Times, Homeland Security Secretary Kristi Noem said in an interview on Jan. 11 that “hundreds more” federal officers will be sent to Minneapolis on Jan. 11 and Jan. 12 to carry out immigration-related operations in the city. “We’re sending more officers today and tomorrow, they’ll arrive, there’ll be hundreds more, in […]

Google & AI Startup Settle Teen Suicide Chatbot Lawsuits Google and artificial-intelligence chatbot startup Character.AI have agreed to settle a wave of lawsuits brought by grieving parents who claim AI chatbots emotionally manipulated – and ultimately destroyed -their children. Megan Garcia with her son Sewell Setzer III. Photograph: Megan Garcia/AP Court documents filed this week show the companies have reached settlement […]

The Pyramid Was Wrong. Local Food Was Right All Along Authored by Mollie Engelhart via The Epoch Times (emphasis ours), I never cared about the food pyramid. Not once. Not when it hung in classrooms, not when doctors repeated its logic, and not when federal agencies insisted that grains outranked everything else. Illustration by The Epoch Times, Shutterstock I grew up in a family where food wasn’t a recommendation—it was our […]

Pentagon Tells Trump It Needs More Time To Prepare For War With Iran Authored by Kyle Anzalone via AntiWar.com, Senior Department of War officials have told President Donald Trump they need more time to consolidate American troops deployed to the Middle East before the US launches an attack on Iran.  According to The Telegraph, “Trump has been warned that the US military needs more time to prepare for strikes against Iran.” […]

Apple Selects Google’s Gemini To Power AI Siri Apple shares moved up 1% in the morning U.S. cash session after CNBC reported that Apple will partner with rival Google to power key artificial intelligence features, including Siri, later this year. In a statement cited by CNBC’s Jim Cramer, Apple said it selected Google after a competitive review, calling Gemini “the most capable foundation” to support its AI roadmap and unlock new […]

DHS Blasts Anti-ICE Protesters Sharing List Of Hotels Allegedly Hosting Agents Authored by Jacki Thrapp via The Epoch Times, The Department of Homeland Security (DHS) said on Jan. 11 that federal agents in Minnesota were put at risk after a list of their alleged hotel locations circulated online. “Revealing their locations puts them at enormous risk of retaliation from these monsters,” DHS Assistant Secretary Tricia McLaughlin […]

Mamdani Hails Rat-Infested Bronx Slum As ‘Model’ For His Housing Agenda Zohran Mamdani was elected mayor of New York on a slew of socialist promises marketed under the banner of affordability. On his first day in office, he signed three executive orders to address the housing crisis. The first revives the Mayor’s Office to Protect Tenants, led by tenant advocate Cea Weaver, to coordinate agencies and crack down on abusive […]

Ayatollah Posts That ‘Arrogant’ Trump Will Be ‘Overthrown’ As Iran Protests Lose Steam Update(10:15ET): Iran’s Supreme Leader is really playing with fire here in posting the below image on X. While the message didn’t appear on his English language account, it is on his Persian account, and thus mainly directed at the Ayatollah’s own domestic population. According to a machine translation, the message says: “That father figure who […]

UK, Germany, France Push New Plan To Appease Trump On Greenland President Trump’s Friday’s remarks to reporters Friday made clear he is willing to take control of Greenland – even if it’s the “hard way” – and this sent the Europeans scrambling over the weekend to come up with plans or strategies for quickly de-escalating inter-NATO tensions. “I’m not talking about money for Greenland yet. I might talk about that. But right now we […]

Fire Departments’ New Emergency: Affording Their Trucks Authored by Eric Salzman via Racket News, When I was a kid, one of the coolest things was that every year, a few days before Christmas, our town’s fire department would drive through all the neighborhoods in its gleaming fire engine with the lights flashing, giving short bursts of the siren. All the firemen were in full gear hanging off the sides, while Santa, sitting at the […]

Musk Says X’s New Algorithm Will Be Open Source In 6 Days Authored by Jacob Burg via The Epoch Times, Elon Musk said on Jan. 10 that his X social media platform would open its new algorithm to the public within a week. “We will make the new X algorithm, including all code used to determine what organic and advertising posts are recommended to users, open source in 7 days,” Musk wrote in a post on X on Jan. 10. “This will […]

Stocks, Dollar Drop, Gold Jumps As Fed Probe, Iran Unrest Darken Mood “Sell America” is back: US equity futures and other US assets – including the dollar – are lower (even as Europe and Asia rise) while precious metals surge to new record highs after the DOJ subpoenaed the Fed and launched a criminal probe into Jerome Powell; ongoing protests in Iran are also denting sentiment. As of 8:15am, S&P 500 contracts are lower by 0.5%, […]

Fed Subpoenaed As DOJ Launches Criminal Probe Into Jerome Powell, Who Vows To “Stand Firm” Not content with launching a dizzying cascade of international conflicts, Trump just lobbed a nuke at the Fed.  While Trump’s vendetta against the Fed’s Lisa Cook set for a January showdown before the Supreme Court, the Trump admin dramatically raised the stakes on Sunday when the NYT first reported, and minutes later Fed Chair Jerome Powell […]

Wave Of Costly Copper Thefts Threatens Public Safety, Experts Say Authored by Allen Stein via The Epoch Times, With copper prices at new highs, attacks on communications and power networks have sharply increased, and telecommunications companies, power suppliers, and construction firms are sounding the alarm. Copper was trading at roughly $6 per pound or $12,000 a ton at midday on Jan. 7, a more than 30 percent year-over-year […]

Watch: Chaos Erupts As U-Haul Driven Into LA Protest Against Iran Regime Amid reports that hundreds of anti-government demonstrators in Iran have been killed in recent days — and President Trump reportedly considering US intervention — tensions over the Iran crisis hit a flash point in Los Angeles on Sunday when a U-Haul truck with signage opposing the reinstallation of an Iranian monarchy drove through a group of marchers calling […]

DOT Strips California Of $160 Million Over Foreign Truckers By John Gallagher of FreightWaves A showdown between the U.S. Department of Transportation and the State of California reached a breaking point on Wednesday after Transportation Secretary Sean Duffy announced the Federal Motor Carrier Safety Administration will withhold approximately $160 million in safety program money from the state. The move follows California’s […]