The U.S. Senate voted to overturn President Joe Biden’s student debt transfer program on June 1, rebuking his efforts to bypass Congress and cancel the debt of certain student loan recipients. The chamber passed the joint resolution of disapproval in…

by Greg Ip, Chief Economics Columnist for the Wall Street Journal Republicans, Biden on brink of a default hammer out a deal that doesn’t raise taxes or address the biggest sources of spending pressure. There’s an old saying about academia…

Simon Watkins, OilPrice.com The last week or so has seen a flurry of major cooperation agreements – including in energy, security, and logistics – between various permutations of Iran, Iraq, Russia, and China. Like a very dark version of the…

One week ago we showed that in a dramatic reversal of recent “strong consumer” trends, the latest debit and credit card data from Bank of America showed that US household spending just hit a brick wall, dropping -1.2% for the first time since…

According to Goldman, the agreement announced on Saturday between uniparty leaders Joe Biden and Kevin McCarthy titled hilariously the “Fiscal Responsibility Act”, prohibits the Biden Administration from extending the pause on student loan repayments in place since March 2020, even if it…

OPEC will welcome the return of Iran to the international oil market once the U.S. lifts sanctions from Tehran, the secretary general of the cartel said. “We believe that Iran is a responsible player amongst its family members, the countries…