Brazil has “intensified defensive actions” along its northern border with Venezuela to prevent an invasion of Guyana. US Army special forces are also met with Guyanese leaders over the weekend. The fracas is over a Venezuelan referendum, held yesterday by President Nicolás Maduro on whether two-thirds of Guyana known as…

An Unfortunate Scenario Despite the post-Thanksgiving shop-a-thon, US numbers are softening; bankruptcies, defaults and late payments are ticking up. So is unemployment, putting a break on rising wage as interest rates pinch. In short, a soft landing for the economy is looking less likely. For its part, China can’t get…

4717 Flight Black Friday set a record $9.8bn in sales, up 7.5% from last year. The frenzy continued through the holiday as Americans spent $38bn over the next five days. Cyber Monday that its own record of $12.4bn, up 9.6% from last year. None of which was spent on Mrs…

On October 6th, the day before Hamas militants went berserk even by their medieval standards, the Middle East was making largely successful first steps to normalization of relations with tetchy rivals and diversifying their economies. Not only were they building swank sports stadiums and shopping malls, with that oil money…

There is a certain element of Wile E. Coyote about Bidenonmics — the theory that you must me aware of standing on thin air for it to drag you to your death in badly-drawn desert canyon. The wild thing about a consumer driven economy is that it can stay aloft…

On November 1–2 a hundred or so world leaders and tech executives will meet outside of London to discuss Artificial Intelligence, the future, and how we won’t have one if we don’t get ahead of AI. To instill a sense of history and context, the meeting is being held at…

The United Auto Workers union has reached a tentative agreement on a worker’s contract with Stellantis — which owns Jeep for a 25% pay increase to be phased in over the next 4 ½ years, after inking a similar deal with Ford. …

The House of Representatives managed elect Mike Johnson of Louisiana as House Speaker after dicking around for three weeks where they…

War is not like the movies. Those theatrical, made-for-tv breakthroughs don’t happen all that often and they don’t happen on demand — there is literally an entire army willing to mass homicide so that it doesn’t happen. And that will really gum up the works. Although… it’s not clear that…