zerohedge.com

VN:F [1.9.22_1171]
Rating: 7.0/10 (3 votes cast)

International finance and business news.

Peace Through Technological Strength: How Trump's America Tames The Chinese Dragon

16 April 2025 @ 3:25 am

Peace Through Technological Strength: How Trump's America Tames The Chinese Dragon Authored by Shane Festa and Brent Sadler via The Daily Signal, a publication of The Heritage Foundation, In the days around the U.S. presidential election, dozens of People’s Liberation Army warplanes cruised through Taiwanese airspace. Such behavior is a microcosm of China’s audacity and confidence to act with increasing impunity.

Lincoln Was A 'Threat To Democracy'

16 April 2025 @ 2:35 am

Lincoln Was A 'Threat To Democracy' Authored by Al Perrotta via The Daily Signal, One hundred sixty years ago tonight, at Ford’s Theater, John Wilkes Booth put a bullet in the head of President Abraham Lincoln. 

Bye Letitia? Criminal Referral Filed Against NY AG Over Real Estate Fraud Accusation

16 April 2025 @ 2:10 am

Bye Letitia? Criminal Referral Filed Against NY AG Over Real Estate Fraud Accusation A criminal referral against New York Attorney General Letitia James has been filed with the DOJ, alleging that James had "falsified records" to get home loans for a Virginia property that she claimed was her "principal residence" in 2023 - while she was serving as a New York state prosecutor.

Gold Soars As Beijing Lowers Yuan Fix Ahead Of Chinese Econ Data Beating On Tariff-Frontrunning

16 April 2025 @ 2:05 am

Gold Soars As Beijing Lowers Yuan Fix Ahead Of Chinese Econ Data Beating On Tariff-Frontrunning Ahead of tonight's grand unveiling of what Beijing wants the world to think about its economy, the market was active with Gold soaring at the China open for the third day in a row...

Showdown Looms Over Trump's DEI Ban In Public Schools

16 April 2025 @ 1:45 am

Showdown Looms Over Trump's DEI Ban In Public Schools Authored by Aaron Gifford via The Epoch Times (emphasis ours), Several blue states have joined New York in resisting federal efforts to end diversity, equity, and inclusion (DEI) programs in public schools.

How Much Does Each US Wealth Bracket Pay In Income Taxes?

16 April 2025 @ 1:20 am

How Much Does Each US Wealth Bracket Pay In Income Taxes? The top 1% of U.S. earners paid 40% of federal income taxes in 2022, based on the latest available data. This share has risen from 33.2% in 2001.  Meanwhile, the share paid by the bottom 50% of earners fell from 4.9% to 3% over the same period—likely reflecting the growing concentration of wealth at the top, which has boosted tax contributions from high-income individuals. This graphic, via Visual Capitalist's Dorothy Neufeld, shows federal income tax revenue by wealth bracket, based on analysis of IRS data from the 

Second Top Pentagon Official Placed On Leave Amid OPSEC Leak Investigation

16 April 2025 @ 1:14 am

Second Top Pentagon Official Placed On Leave Amid OPSEC Leak Investigation Update (2115ET): A second top Pentagon official was placed on administrative leave on Tuesday amid a probe into potential leaks of sensitive information, three DoD officials tell Politico. In addition to Dan Caldwell which we reported earlier, Pentagon deputy chief of staff Darin Selnick was also suspended as part of the same probe and similarly escorted out of the building, according to one of the officials. The leaks under investigation include US carrier movements towards the Red Sea, Elon Musk's controversial visit to th

Be On The Alert For These Insurance Scams

16 April 2025 @ 12:55 am

Be On The Alert For These Insurance Scams Authored by Mary Hunt via The Epoch Times (emphasis ours), Let’s face it—insurance is already one of those necessary evils, like flossing or assembling IKEA furniture. You pay for it, you hope you never have to use it, and when you do, you cross your fingers and hope the process isn’t as painful as stepping on a LEGO. But just when you think you’ve got it all figured out, scammers show up with their trickery, ready to part you from your hard-earned cash faster than you can say “deductible.”

Trump Suggests Iran Slow-Walking Talks, As 2nd Round Set For Rome

16 April 2025 @ 12:30 am

Trump Suggests Iran Slow-Walking Talks, As 2nd Round Set For Rome A second round of nuclear talks between the United States and Iran are set for Saturday in Rome, Axios reports, after both sides cited positive and constructive opening dialogue in Oman last weekend. The rival delegations in Oman say they achieved their objective of shifting from indirect to direct talks. By the end of it, Trump's regional envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi briefly spoke in the presence of the Omani foreign minister. The Trump administration reportedly wants the same format for th

Manufacturing Consent? What About Manufacturing Rebellion?

16 April 2025 @ 12:05 am

Manufacturing Consent? What About Manufacturing Rebellion? Authored by Rinzen Widjaja via The Mises Institute, Noam Chomsky’s Manufacturing Consent argued that the mass communications industry influences public perception in ways that benefit elite interests, all without overt coercion.  The book critiques not only the nature of the media but also the very concept of “consent.” Chomsky contends that “consent” has been rendered meaningless by the pervasive use of