Fed Defies Trump Again, Holds Rates as He Demands World's Lowest
Donald Trump stood in front of reporters on Monday and declared that the United States "should have the lowest rates in the world." Two days later, the Federal Reserve looked at that statement, looked at inflation still running above target, looked at energy prices creeping back...
The Fed's Crystal Ball Is Broken and AI Broke It
The people in charge of keeping the global economy from flying into a mountain just got told that their instruments might not work anymore....
Chip Stocks Shed 15% While Apple Hits $5 Trillion and Nobody Blinks
Samsung and SK Hynix lost more than 15% of their value in a single morning. Kioxia dropped 18%. Dell fell 13%. And somewhere in the middle...
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Cracker Barrel CEO Out After Logo Fiasco That Even Trump Weighed In On
A restaurant chain managed to anger its customers so thoroughly over a new logo that the President of the United States took time out of his schedule to...
Canadians Canceled the U.S. and It's Costing Billions
Canadians decided they'd rather not, thanks. After two years of tariffs, trade threats, and being told their entire country is basically a future American...
Nvidia Is Financing OpenAI While Selling It Chips. Yes, Both.
Nvidia is reportedly in talks to provide $250 billion in financing for a $500 billion OpenAI data center in Ohio, a project so large it would consume enough...
Fed May Hike Rates This Week With Zero Warning. That's New.
The Federal Reserve has spent the better part of thirty years building a reputation for being the most boringly predictable institution in American public...
Hackers Shut Down Fairlife Milk Plants and Stole Data from a $7B Brand
Someone hacked the milk. No, really. Hackers hit Coca-Cola's Fairlife dairy brand with a ransomware attack so severe it shut down four U.S. production plants...
Shein Lost $99M After Trump Killed the Cheap Package Loophole
Shein made $395 million in profit in the first quarter of 2025. One year later, same quarter, it lost $99 million. What changed? Donald Trump signed away the...
LA Gas Hits $5.64 and the Experts Say It Gets Worse
Los Angeles drivers are now paying $5.64 a gallon for regular gasoline, up 24 cents in ten days, and the people who actually understand energy markets are...
Drones Are Why You're Paying $100 a Barrel for Oil Right Now
Oil hit $100 a barrel this week, and if you've been blaming inflation or OPEC or whatever villain is trending, here's the more honest answer: drones. Cheap,...
Oil at $100, a War Brewing, and the Fed Is Maybe Gonna Hike
Oil just cracked $100 a barrel, the United States is fighting a war with Iran, and the Federal Reserve is sitting in a corner trying to decide whether to make...
Ellisons Will Pay $650M/Quarter to Fight 12 AGs All the Way to SCOTUS
The Ellisons are staring down a temporary restraining order, a near-certain preliminary injunction, and a 12-state attorney general assault on their $80...
Trump Slaps 60 Countries With 'Forced Labor' Tariffs, Including the EU
The Trump administration looked at the European Union, a bloc famous for six weeks of mandatory paid vacation and some of the strictest labor protections on...
Companies Got $70B in Tariff Refunds. You Got Nothing.
The Supreme Court ruled Trump's Liberation Day tariffs illegal, and customs officials have now sent $70 billion in refund checks back to American corporations....