Monthly Archives: May, 2026

China Defies US Sanctions, Raising Stakes for Banks

China has taken the unusual step of instructing domestic firms not to comply with certain US sanctions, escalating tensions with Washington and setting up...

Trump Proposes “Project Freedom” for Stranded Ships in Strait of Hormuz

Donald Trump announced a plan called “Project Freedom” to help guide stranded commercial ships through the Strait of Hormuz, where most traffic has been...

Survive and Thrive April 2026: Are You Spending Your Money Foolishly?

Dear Survivor, You know, there’s nothing wrong with making money slowly, but there does come a point when saving til it hurts can be like...

Oil Falls as Iran Responds to US Peace Proposal Report

Oil prices fell after Bloomberg reported that Iran had responded to US proposals for a potential peace agreement, easing some immediate concerns about escalation...

DOE Launches 92.5M-Barrel Emergency SPR Exchange

The US Department of Energy (DOE) has issued a Request for Proposal for an emergency exchange of up to 92.5 million barrels of crude...

Popular

Study Challenges Claims About Data Center Energy Costs

A new study by researchers at Harvard University and...

Why Diesel Prices Have Surged Across the U.S.

U.S. diesel prices have risen sharply due to high...

Many States to Increase Fuel Taxes in 2026

The US Energy Information Administration reports that many states...

The Investment Idea that made Warren Buffett Billions

Last week E.J. posted part I in his series on...

This is Why Economic Policy Keeps Getting Worse

Noah Smith wrote a piece last week for Bloomberg...

Your Survival Guy’s RAGE Gauge for My Millionaires

Your Survival Guy’s RAGE Gauge is in, and I...

Solid-State Transformers Could Transform the Future of the Power Grid

The global electricity grid is facing growing pressure from...

How to Become a Millionaire in Only Three Words

When we talk about how you became a millionaire,...

Top 10 Mistakes #6

Entry #6 on my list of the 10 biggest mistakes investors make is failing to focus on the Fed’s federal funds rate beacon. Today the fed funds rate is basically zero. That means rates have only one way to go-up!

This Has Never Ended Well

The latest quarterly update on consumer balance sheets, out...