Howard Lutnick’s Sons Running His Old Firm Are Betting Against Trump Tariffs
Commerce Secretary Howard Lutnick is selling the tariffs he defends. His old firm, Cantor Fitzgerald—now run by his sons Kyle and Brandon—has built a market for refund rights on duties imposed under President Donald Trump’s trade war. The bet is simple: courts strike the tariffs, companies get money back, and Cantor pockets the spread. Cantor […]
CleanBC Is About To Lose $109.7B In Economic Activity By 2029—ICBA
British Columbia’s climate program just put a hard price on virtue: $109.7 billion in lost economic activity by 2029. That figure, drawn from an ICBA Economics report using the province’s internal analysis, is “more than 2.5 times the damage that President Donald Trump’s tariff war and Prime Minister Mark Carney’s retaliatory trade barriers could inflict.” […]
EU Threatens 30% Tariff If No Deal Is Reached By August 1
The EU has readied a €100 billion ($117 billion) counter-tariff package to mirror President Donald Trump’s threatened 30% levy on most EU exports should a deal not be reached by the deadline of August 1. The plan fuses an already approved €21 billion list with a newly trimmed €72 billion roster and would activate “next […]
MAG Silver Reports Q2 Production Of 4.35M Ounces Of Silver, 10,465 Ounces Of Gold
MAG Silver (TSX: MAG) this morning posted production results for the second quarter. Results come from the Juanicipio mine in Mexico, where MAG has a 56% ownership interest. The quarter saw a total of 4.35 million ounces of silver and 10,465 ounces of gold produced on a 100% basis, as compared to 4.47 million ounces […]
Westgold Reports Fiscal Q4 Production Of 88,022 Ounces
Westgold Resources (TSX: WGX) has reported figures for their fiscal fourth quarter, which represents the period ended June 30, 2025. The quarter is said to have been a record for the company in terms of production, with the company posting fiscal Q4 production of 88,022 ounces. The figure follows the Murchison hub reporting production of […]
Did Klaus Schwab Rig WEF Data?
Klaus Schwab reportedly told staff that the UK “must not see any improvement” in the World Economic Forum’s 2017/18 Global Competitiveness Report because a higher ranking could be “exploited by the Brexit camp.” The draft tables had Britain jumping from seventh to fourth in the presentation. The published report pushed it down to eighth, with […]
EPA Eliminates Scientific Research Arm in Major Agency Restructuring
The Environmental Protection Agency will shutter its main scientific research division and implement mass layoffs, officials said Friday, marking the latest step in the Trump administration’s overhaul of the federal environmental agency. The research office, which has long provided scientific expertise for environmental regulations and policies, employed more than 1,500 scientists, chemists, and toxicologists who […]
Poilievre Faces Record-Breaking Ballot, Local Opposition in Alberta Byelection
Conservative Leader Pierre Poilievre’s bid to return to Parliament is facing unexpected turbulence in what was supposed to be one of Canada’s safest Conservative seats. More than 108 candidates have registered for the August 18 byelection in Alberta’s Battle River-Crowfoot riding, setting a new record for the most candidates on a federal ballot in Canadian […]
Chevron Completes $53B Hess Acquisition After Defeating Exxon in Legal Battle
Chevron Corp. (NYSE: CVX) on Friday closed its $53 billion purchase of Hess Corp., winning a protracted legal fight with Exxon Mobil (NYSE: XOM) that centered on prized offshore oil fields in Guyana. The International Chamber of Commerce ruled in Chevron’s favor, ending a 20-month legal battle that had threatened to derail one of the […]
Delta’s New AI Seems To Target The Wallet, Not The Market
The latest wave of “innovation” for Delta Air Lines seems to be less about better products and more about precision tools to extract every last dollar from consumers. Sens. Ruben Gallego, Mark Warner, and Richard Blumenthal warned CEO Ed Bastian in a letter that the carrier’s plan to deploy artificial intelligence for “individualized fares” is […]