Iran sells 5 million barrels of crude oil worth over $350 million to $350m to India’s largest private oil refiner Reliance Industries.

NEW DELHI/SINGAPORE, – India’s Reliance Industries, operator of the world’s biggest refining complex, has purchased 5 million barrels of Iranian crude, days after the U.S. temporarily removed sanctions on the oil, three sources familiar with the matter said on Tuesday. The Indian refiner bought ‌the oil from ⁠the ⁠National Iranian Oil Co., two of the …

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Mid-30s unemployment? Bill McDermott says AI and automation could decimate entry-level jobs. CEO warns 35% of grads may not find jobs.

Mid-30s Unemployment?! “I think it’s very natural to be concerned about jobs. “I think young people coming out of university today, it’s like 9% unemployment. “I think it could easily go into the mid-30s in the next couple of years.” – Bill McDermott $NOW CEO CNBC: “The mid-30s?!” Bill McDermitt: “I do, because what’s happening …

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Big warning from Apollo. Big danger for “business as usual.”

Jim Zelter’s warning hit hard because he was not talking about a normal slowdown. He was describing the kind of break that wipes out entire business models and leaves companies with no way back. He spoke calmly, but the message underneath was anything but calm. “I think you’re going to get more secular distress than …

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From golden shares to defense contractors, the Trump administration is quietly taking control of key industries.

This company has 5 employees? pic.twitter.com/LvZ74qt1WW — porti, esq. (@APORTILLA787) October 6, 2025 https://twitter.com/Xivhkalrainik/status/1975309490028486686 The Trump Administration Now Owns: 1. 10% equity stake in Intel, $INTC 2. 15% equity stake in MP Materials, $MP 3. 10% equity stake in Lithium Americas, $LAC 4. 10% equity stake in Trilogy Metals, $TMC 5. A “golden share” in …

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Major job cut tally hits worst stretch since 2020. Layoffs spike in government, tech, retail industries

Job cuts in the U.S. have topped 806,383 so far in 2025, the highest January‑through‑July total since 2020. Tech, retail and government sectors lead the wave. “We are seeing the Federal budget cuts implemented by DOGE impact non‑profits and healthcare in addition to the government. AI was cited for over 10,000 cuts last month, and tariff …

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Toyota Industries board to evaluate $42B buyout proposal

Toyota Industries Corp.‘s board is set to evaluate a ¥6.6 trillion ($42 billion) takeover bid from Toyota Motor Corp. and affiliates on June 3, 2025, potentially taking the company private. The move aims to strengthen Toyota Motor’s supply chain control amid pressures from Japan’s market regulator on corporate governance. Toyota Fudosan, Toyota Motor’s real estate …

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Why is it only bad when America protects its industries

The global trade game is full of contradictions. When the U.S. imposes tariffs, it’s branded as reckless protectionism. When other countries do the same, it’s just “standard economic policy.” This double standard has gone unchecked for years, costing American industries billions. Take China. Beijing slaps tariffs on everything from U.S. agricultural goods to machinery. Recent …

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EU cuts car import tax to 2.5%, US manufacturing wins big. Trump’s new plan could cripple Mexican, Canadian auto industries

The European Union has just made a major move in trade policy that could reshape the auto industry in the U.S. They’ve slashed the tax on American-made cars from 12.5% to a mere 2.5%, effectively matching the U.S. tariff on European-made vehicles. This is a game changer, especially for automakers like Honda, who will now …

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AI agents for $20,000 a month? Will they really revolutionize industries or just drain wallets?

OpenAI is rolling out these so-called “agents” that could cost anywhere between $2,000 and $20,000 a month. And let’s be clear: this pricing is absurd. Let’s just take a moment to think about this—how in the world are AI agents supposed to replace human jobs, potentially revolutionize industries, and yet cost more than a yearly …

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Tower Of Power? US Industries Are Buckling Under Pressure of Surging Electricity Costs (Industrial Electricity Costs UP 24.4% YoY)

by confoundedinterest17 The US is the expensive tower of power … but it should be cheap. Getting rid of coal power was idiotic and The Left’s fear of nuclear power is laughable. EIA data by user classification, chart by Mish. Rising energy bills have forced companies to scale back industrial operations, threatening a greater drag on the economy. …

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Explosion at Evonik Industries chemical plant in Alabama: railcar with hydrogen peroxide detonates.

🚨#BREAKING: Hazmat crews are on the scene to a explosion that occurred at a chemical plant 📌#Theodore | #Alabama Currently, numerous emergency personnel and Hazmat crews are on the scene in Theodore, Alabama, following an explosion at a chemical plant. Officials report that… pic.twitter.com/NmF93ucJvn — R A W S A L E R T S …

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2023 Bonus Trends: Tech Gains 3.8%, Tourism Takes a Hit With 36% Cut… Shifting Dynamics in Compensation Across Industries

In the bonus landscape of 2023, every industry tightened its belt, offering smaller bonuses across the board. Technology firms saw a modest 3.8% increase, while the tourism and transportation sector took a hit with a substantial 36% reduction. The echoes of financial adjustments reverberated across diverse sectors, shaping the compensation narrative for the year. Every …

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German economy collapsing after nation abandoned nuclear energy – prices soar, industries implode

via naturalnews: Did you know that electricity prices in Germany are triple the cost of electricity here in the United States, all due to Germany’s “green” energy policies?   In recent years, Germany has been phasing out coal and nuclear energy in a way that has been described in German media as “not well coordinated with the …

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10-year Treasury yield rises due to stronger economic data, causing significant headwind for equities. De-risking signals across leading industries and sectors.

The 10-year Treasury yield has been rising aggressively on the back of stronger-than-expected economic data This is a major headwind for equities pic.twitter.com/C0Xc2ZAf8x — Bravos Research (@bravosresearch) August 14, 2023 https://twitter.com/WinfieldSmart/status/1691087531813515264 #Bonds are starting to look bad… US Treasury term premia (black) are breaking higher and pushing 10y yields up (orange). This isn't good for …

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“They’re tapping into American farms and tapping into the hog industry, all of these industries that China is quietly taking over here in the United States.” – Farmers Association President John Boyd Jr

by BoatSurfer600 via YAHOO: Despite lawmakers’ success in introducing legislation to address the issue, one U.S. farmer raised a red flag that China is still infiltrating “many, many acres” in rural America. “They’re tapping into the American food structure and this country. And we should be looking at that as food security, people,” National Black …

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