The Power of Gold
As the purchasing power of the American dollar has declined steadily since gold convertibility ended in 1971, the purchasing power of an ounce of...
State & Local Gov’t Costs Hit $63.46 Hour
US Bureau of Labor Statistics reports that in December 2024, employer compensation costs averaged $47.20 per hour for civilian workers, with $32.52 for wages...
New Nvidia Superchip Facility Planned in Mexico
Yimou Lee of Reuters reports that Foxconn is constructing the world’s largest GB200 super chip facility in Guadalajara, Mexico, to support Nvidia's Blackwell platform....
Boston Metal Nears Commercial Green Steel Production
Casey Crownhartarchive page of MIT Technology Review reports that Boston Metal has successfully scaled up its green steelmaking process, producing over a ton of steel...
U.S. Threatens to Retaliate with 200% Tariffs on European Wines
Aamer Madhani of Reuters reports that President Trump threatened a 200% tariff on European wines and spirits if the EU proceeds with a 50%...