2026-04-11 20:00:11
The petrodollar loop that subsidized American borrowing costs and cemented the greenback’s role as the world’s reserve currency is broken.
2026-04-11 20:00:09
Two predictions for 2028. Illinois Governor JB Pritzker will run for president. And he will likely do well among Black voters, making his bid for the Democratic nomination competitive.
2026-04-11 20:00:06
When I was in grade school back in the 1800s, they fed us cheeseburgers extended to the frontiers of human palatability by hefty amounts of what some call “textured vegetable protein” but all the kids knew was soy. Nobody liked them. But Americans might start considering soy burgers this summer when they see what happens to the price of beef.
2026-04-11 20:00:04
Let’s say you do a job that involves making predictions about human behavior — you manage money, you sell things, you write opinion columns. Just less than half of your predictions turn out to be more or less right, about 10% are completely wrong, and with the rest it’s hard to say for sure. Would a success rate like that make you good at your job?
2026-04-11 14:00:04
There’s much that’s up in the air as talks begin between the US and Iran in Pakistan this weekend, from the Strait of Hormuz’s closure to the exchange of fire in Lebanon. But it’s increasingly clear there will be a “before” and “after” the Iran crisis for America’s European allies as the transatlantic relationship plumbs new depths.
2026-04-11 00:30:04
The Bureau of Labor Statistics said the consumer price index jumped 3.3% in March from a year earlier, the most since mid-2024 and driven by soaring energy prices amid the US-Israeli war with Iran. Judging by the muted reaction in markets, investors are assuming that we’re close to the peak of inflation and happy to move on to other worries. Not so fast.
