Monthly Archive: May 2025

Federal Judge Sets Free Op-Ed Writer

2025-05-09

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2025-05-09

Federal prosecutors were not able to produce any evidence at all other than an op-ed Ozturk wrote.

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Tariffs Are Not Enough

2025-05-08

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2025-05-08

The tariff sledgehammer has a role, but it's a limited one. There's an inherent tension in State-Corporate Capitalism. Proponents of the free market hold that any state Industrial Policy will fail because the State cannot pick the winners and losers as effectively as The Market.

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Gov. Newsom Appeals to the Sunk Cost Fallacy to Promote the Failed Bullet Train

2025-05-08

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2025-05-08

In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government officials, however, see sunk costs as an incentive to promote public projects where costs clearly outweigh benefits.

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The Fed Leaves Fed Funds Rate at 4.5% as Economic Storm Clouds Gather

2025-05-08

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2025-05-08

The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to take a position. At this point, “hope for the best” is Fed policy.

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Chinese biotechs eye Swiss collaboration as relations with US sour

2025-05-08

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2025-05-08

China has made major inroads in the biotech sector. They are now the largest developers of major classes of drugs such as antibody drug conjugates. Keystone-SDA Listen to the article Listening the article...

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Will Trump Follow Nixon’s IRS Road to Ruin?

2025-05-08

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2025-05-08

Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and it helped bring down his presidency.

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Woke-Baiting and the New Left-Wing Smear Bund

2025-05-08

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2025-05-08

Lately, James Lindsay has burned much of his credibility in attacking largely non-interventionist right-wingers as "Woke Right."

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Leo XIV elected Pope (fmr. Cardinal Robert Prevost)

2025-05-08

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2025-05-08

Considered centrist (by modern standards), not outspoken on political issues. Born American, but has been a Peruvian bishop for the past 11 years and is deeply connected to Latin America.

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Federal coffers to get CHF100 million boost from Swiss Post

2025-05-08

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2025-05-08

The dividend will be paid out of available earnings for the 2024 financial year, which amounted to CHF324 million on an operating income of around CHF7.6 billion. Keystone-SDA Listen to the article Listening the article...

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Does Wealth Inequality Cause Degradation?

2025-05-08

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2025-05-08

In the name of fighting income inequality, pundits in the UK and US are calling for wealth taxes as magic bullets that will restore an imaginary state of income equality that never existed in the first place. It is time to abandon this idea for good.

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Restaurant Brands earnings miss as consumers spend less on fast food

2025-05-08

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2025-05-08

The bottom 80% of America is in recession and is starting to cut back on extra spending such as fast food.

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Trade Deal with the US Fails to Buoy Sterling Ahead of the Bank of England Rate Cut

2025-05-08

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2025-05-08

Overview: A couple days away from the US-China talks, the two are sitting disputing who sought out the talks. Given the egos, the risk is that the talks are downgraded if not canceled. Expectations ought to be low in any event. On the other hand, the first US trade agreement is expected to be announced …

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How to Navigate Required Minimum Distributions (RMDs) and Minimize Taxes in Retirement

2025-05-08

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2025-05-08

Required Minimum Distributions (RMDs) are an unavoidable part of retirement planning for many Americans. While they are designed to ensure retirees eventually pay taxes on their tax-deferred retirement savings, RMDs can also trigger unintended tax burdens if not planned for […] The post How to Navigate Required Minimum Distributions (RMDs) and Minimize Taxes in Retirement …

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Market Is Tepid Over China Developments: Three Conclusions

2025-05-08

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2025-05-08

“BREAKING: Treasury Secretary Scott Bessent says he will meet with Chinese officials in Switzerland to begin trade talks with China.” A month ago, when markets were grossly oversold, news of trade discussions between China and the US would have sent […] The post Market Is Tepid Over China Developments: Three Conclusions appeared first on RIA.

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Risk of a real-estate bubble in Switzerland grew in first quarter

2025-05-08

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2025-05-08

The UBS Swiss Real Estate Bubble Index has risen to 0.29 points, compared with 0.25 points previously, indicating that the risk of a property bubble is considered "moderate", said UBS. Keystone-SDA Listen to the article...

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Autos Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs

2025-05-08

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2025-05-08

To be sure there are probably two factors at work here. One is tariffs and the other is the fact that auto loan delinquencies are rising and people need cheaper cars.

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California’s Bullet-Train Delusion

2025-05-08

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2025-05-08

California economist and resident/victim William Anderson joins us to talk about the absurdity of California's bullet train plan, and how it ignores economic realities.

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French authorities order Nestlé to remove its filtration system

2025-05-08

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2025-05-08

In early 2024, the Nestlé group publicly acknowledged that it had used banned treatments (ultraviolet and activated carbon) in the past, then replaced them with a "0.2 micron cartridge" microfiltration system. Keystone-SDA Listen to the...

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Some Straight Talk to the Anti-Free Traders

2025-05-08

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2025-05-08

Oh, I know, you aren’t really against free trade per se. You just demand a “level playing field.” Demanding a level playing field for international trade is a complete waste of time.

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Allow Chinese Companies to Build Locally and Sell Locally or Face Dire Consequences

2025-05-07

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2025-05-07

If trade imbalances truly drive protectionist backlash, as many claim, we should have witnessed comparable anti-trade sentiment during the 1980s when America's deficit with Japan reached historic proportions. Yet history reveals a critical distinction: Japan was offered—and wisely seized—an economic escape valve that today's geopolitical climate threatens to deny China. This asymmetry not only betrays …

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