UPS Won’t Resurrect MD-11 Fleet After Deadly Crash, Takes $137M Charge Authored by Eric Kulisch via FreightWaves.com, UPS has decided to permanently retire its fleet of 27 MD-11 aircraft and take a $137 million after-tax write off instead of returning the widebody freighters to service even if they are cleared to fly again by aviation authorities following the crash of one of its planes in early November. The express delivery and […]

China’s Largest Oil Producer Suspends Purchases Of Venezuela Oil Chinese state-owned giant PetroChina, Asia’s largest oil and gas producer, which hasn’t bought Venezuelan crude since the U.S. imposed sanctions on Venezuela in 2019, is not too keen to start buying again after the U.S. authorized global traders to market the crude from the world’s biggest reserves holder, OilPrice reports.   PetroChina has told traders not to […]

Tucker Carlson Presses Peter Schiff On Bitcoin As A New Global Reserve Currency Authored by Christina Comben via CoinTelegraph.com, In a new interview with US media personality Tucker Carlson, gold advocate Peter Schiff renewed his attack on Bitcoin and the broader crypto industry. Speaking on Carlson’s show, he argued that Bitcoin is a speculative instrument with “no actual use” and warned that proposals for a US […]

Iran Activates Emergency Contingency Plan As Trump Boasts Of “Beautiful” Armada Nearby Update(1934ET): FT and others have reported that Iranian President Masoud Pezeshkian has moved to activate emergency contingency plans, aiming to secure critical supplies and ensure continuity of government operations amid fears of renewed US or Israeli attacks, at a moment President Trump has said a “beautiful armada” of US warships, including […]

Government Steams Towards Partial Shutdown Amid Democrat Demands Over ICE As a Friday deadline approaches for a partial government shutdown, Republicans are backed into a corner following national uproar over two deadly ICE shootings by federal agents in Minneapolis amid growing concern over the agency’s tactics.  Senate Majority Leader John Thune (R-SD) plans to move forward with a six-bill spending package, which includes […]

Patel Says FBI Has Discovered Groups Funding Minnesota Protests On Monday, FBI Director Kash Patel on Tuesday confirmed that the bureau is investigating groups that are believed to be organizing protests against ICE officials in Minneapolis, as daily demonstrations throughout the city continue. People march and gather near the post office during a protest, Sunday, Jan. 18, 2026, in Minneapolis. AP Photo/Yuki Iwamura Patel also […]

Tether Launches USAT, A Federally Regulated, Dollar-Backed Stablecoin For The US Market Authored by Micah Zimmerman via BitcoinMagazine.com, Tether, the world’s largest digital asset company by stablecoin circulation, announced Tuesday the official launch of USA₮, a federally regulated, dollar-backed stablecoin designed specifically for use in the United States under the recently enacted GENIUS Act. USA₮ is issued by […]

Yale Goes Tuition-Free For Middle-Class As Dartmouth Prez Pushes ‘Protections For Unpopular Views’ Starting this fall, Yale University will offer free tuition for new students from households earning less than $200,000 – excluding room, board, fees and books, while admitted students whose families make less than $100,000 will pay nothing. Tuition alone at Yale is $72,500, while the full cost of attendance – including room, […]

Bullion Price Forecasts “Laughably Low” As Holter Warns ‘Failure To Deliver Calamity Coming’ Via Greg Hunter’s USAWatchdog.com, Financial writer and precious metals expert Bill Holter (aka Mr. Gold) has been predicting record high gold and silver prices.  We are nowhere finished with record prices for the metals happening every week and sometimes every day.  Mr. Gold now has a new prediction about paper exchanges not […]

Coinbase CEO Reveals AI “Oracle” Now Helping Him Run Company A steady drumbeat of media reports has warned about AI wiping out entry-level jobs and even eliminating some middle-management positions, but the prospect of AI taking over the job of CEO, or at least parts of some executive functions, could be a reality sooner than we think. Coinbase CEO Brian Armstrong has revealed that he has deployed an internal, self-hosted AI model […]

Waste Of The Day: “Zombie” Programs Live Again Authored by Jeremy Portnoy via RealClearInvestigations, Topline: In fiscal year 2025, Congress funded 1,326 federal programs that had expired legal authorizations to receive taxpayer funding — the most since at least 2019, when the Congressional Budget Office began totaling the annual number. Another 304 funded programs had authorizations that expired later in 2025. These […]

Watch: Tech Entrepreneur Claims His AI Agent Built Itself A Face While He Slept In what could mark a new milestone in the evolving saga of personal AI agents, social media entrepreneur Alex Finn claimed on Tuesday that his self-hosted Clawdbot autonomously designed and animated a visual representation of itself, complete with an animated owl body, while he slept. The clip depicts an owl-bodied figure moving across a persistent […]

Trump-Era Uncertainty Lingers: EU-India Deal Quietly Seeks To Redraw Global Trade Map Without US Update(1620ET): EU officials have describe the new EU-India agreement, after many years of negotiations, as one of the most ambitious trade pacts the bloc has ever negotiated, significantly lowering India’s historically high tariff barriers. Brussels estimates tariffs will be eliminated or reduced on nearly all EU exports to India, […]

Censorship & The Ratchet Effect: Threats To Free Speech Outlast Supposed Crises Authored by Julian Adorney via TheDailyEconomy.org, Late last year, YouTube announced plans to reinstate accounts that had been banned at the behest of the Biden Administration for posting alleged COVID-19 misinformation. The announcement likely came as a relief to groups like the Children’s Health Defense Fund, a group associated with Robert […]

“Mother Nature Stops For No One”: All Eyes On Next Winter Storm Threat For US East A day or so after the historic winter blast buried much of the eastern half of the US in snow and ice and unleashed dangerously cold air that strained power grids from ERCOT to PJM, forecasters are now tracking another winter threat with potential impact on the Southeast, Mid-Atlantic, and Northeast later this weekend. Frigid across much of the […]

White House Expects Largest Tax Refund Season As IRS Opens 2026 Filing Authored by Naveen Athrappully via The Epoch Times, The IRS announced on Jan. 26 the opening of the 2026 tax filing season. “The IRS expects about 164 million individual tax returns for tax year 2025 to be filed ahead of the Wednesday, April 15, federal deadline. Taxpayers can find a range of tools and filing options on IRS.gov to help them prepare and file […]

Person In Critical Condition After Border Patrol-Involved Shooting In Arizona A person is in critical condition following a shooting incident early Tuesday morning in Pima County, Arizona.  Photo via KVOA Emergency responders from the Santa Rita Fire District (SRFD) and American Medical Response arrived on the scene around 7:30 a.m., where they found one individual in custody who was in critical condition, KVOA reports. First […]

Ugly 5Y Auction Tails Amid Faltering Demand If yesterday’s 2Y auction was stellar, today’s 5Y sale was the opposite. Just after 1pm, the US completed the sale of $70BN in 5Y paper at a high yield of 3.823%, up from 3.747% one month ago and the highest since July. It also tailed the When Issued 3.820% by 0.3bps, the 7th tail in the last 8 auctions. The bid to cover of 2.34 was essentially unchanged from last month’s 2.35 and […]

Los Angeles Homeless Services CEO Charged With Defrauding Taxpayers To Pay For Luxury Lifestyle Via Headline USA, The CEO of a Los Angeles homeless services charity faces federal and state fraud charges after prosecutors said he lived a luxury lifestyle that included lavish vacations and designer clothes paid for with $23 million in public money meant to keep people off the streets. Alexander Soofer, 42, was arrested Friday […]

Guns, Grenades, Killer Drones, & The Hulk: Highlights From The 2026 SHOT Show Last week was the annual SHOT Show – an industry-only convention held in Las Vegas, Nevada that’s notoriously difficult to get into. Fortunately, we were able to call in a favor and walked 25 miles over four days. We met (or almost met) all sorts of interesting folks, including Deputy AG Todd Blanche, Harmeet Dhillon, FBI whistleblower Kyle Seraphin, […]

Karoline Leavitt Torches The Left’s Hypocrisy On Deportations At her first briefing since the Minneapolis shooting of Alex Pretti, White House Press Secretary Karoline Leavitt blamed Democratic leaders for refusing to enforce federal immigration law. She described Pretti as an armed left-wing agitator and said the administration’s message was clear: the Biden-era approach to immigration enforcement is finished. Leavitt accused […]

The Gold Move Is A Vote Of No Confidence In The Entire Global Financial Architecture By Michael Every of Rabobank As Axios puts it, ‘Wall Street’s playbook for 2026 already needs to be rewritten’. Many players’ do. Gold is through $5,000 and silver up 5.5% at over $109 – it was even higher intraday. You might not trade either, and I remain sceptical that we are moving back to a gold or silver standard, even for limited […]

Federal Officials Refer Minnesota To DOJ For Allowing Boys In Girls’ Sports Authored by Aaron Gifford via The Epoch Times, Federal officials have referred Minnesota to the Justice Department (DOJ) over alleged civil rights violations stemming from the state’s refusal to halt male participation in female sports. The referral came from the Education Department (ED) and Department of Health and Human Services (HHS), which […]

Southwest Airlines Ends Open Seating, Moves To Reservation-Based System Authored by Rob Sabo via The Epoch Times, Southwest Airlines’ era of offering passengers open seating is officially ending, as the passenger carrier transitions its seating policy to a reservation-based system common with other airlines starting on Jan. 27. Southwest announced last summer that it would end its open seating policy to offer customers a wider […]

GM Shares Surge 7% After Surpassing Q4 Estimates, Raising Guidance, Planning $6B Stock Buyback General Motors exceeded Wall Street’s fourth-quarter earnings expectations and forecast another year of “strong financial performance” in 2026. While revenue fell slightly short, the company announced a 20% dividend increase and a new $6 billion stock buyback program, according to CNBC and GM. GM reported adjusted earnings per share […]