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Since the U.S.-Israeli war was mounted against Iran, oil prices have surged. As a result, pundits, journalists, and many economists have dusted off an often-used song sheet. It claims that higher oil prices will fuel inflation. While this narrative...

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Billionaire founder of XPRIZE Peter Diamandis is tired of the doomsday scenarios painted by movies like Terminator or Ex Machina.The engineer and Harvard-trained doctor-turned-entrepreneur is trying to change the narrative with a new $3.5 million Future Vision XPRIZE. Backed...

The days are getting longer and W-2s are blooming, which can only mean one thing – the U.S. tax season is here.Many Americans may receive a bigger tax refund than in previous years as a...

Good morning. Today is the 250th anniversary of the publication of The Wealth of Nations by Scottish economist Adam Smith, a foundational text of modern economics that inspired the U.S.’s founders to create an economy based on free markets,...

Asian equity markets continue to bear the brunt of investor anxiety over U.S. President Donald Trump’s launch of large-scale strikes on Iran last week, amid worries of an extended conflict in the Persian Gulf and a sharp shock to...

Just over a week into the U.S.-Israeli war on Iran, Wall Street has started to price in a prolonged conflict, as hopes for a swift endgame have been crushed.With no signs of de-escalation, both sides are instead upping the...

The son of Ayatollah Ali Khamenei will become Iran’s next supreme leader, Iran’s semi-official Fars news agency announced, taking over after his father was killed in an attack by the US and Israel.Mojtaba Khamenei, 56, is the third person...

Israel has struck southern Lebanon, Beirut and an oil storage facility in Tehran as the war in the Middle East keeps escalating, and Prime Minister Benjamin Netanyahu promised “many surprises” for the next phase of the conflict.Iran also hit a desalination plant...