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News & Articles By Sterling Ashworth
09/17/2026
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By Sterling Ashworth
President Trump Demands Major Interest Rate Cut After Fed Hike
U.S. President Donald Trump called for significant interest rate cuts on Wednesday, Sept. 16, after the Federal Reserve raised its benchmark rate for the first time in three years, according to the National Pulse [1]. The central bank increased rates by 25 basis points to a range of 3.75% to 4%, marking its first hike […]
09/17/2026
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By Sterling Ashworth
Economists Warn AI Bubble Shows Late-Stage Signs
The Western world economy is mired in a “late-stage bubble” driven by a massive misallocation of capital into artificial intelligence, according to an analysis by London-based research firm Capital Economics published this week and reported by Fortune. James Reilly, senior markets economist at Capital Economics, surveyed eight types of market indicators and found the vast […]
09/17/2026
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By Sterling Ashworth
Moody’s: U.S. Families Now Paying $1,760 for War, Energy Spikes and Rate Hikes
American households are absorbing a combined financial hit from higher energy costs and rising borrowing expenses tied to the U.S. war with Iran, with the total estimated bill reaching roughly $1,760 per household as of Sept. 11, according to an analysis by Moody’s Analytics. The estimate breaks down into approximately $930 in added energy costs, […]
09/17/2026
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By Sterling Ashworth
Costco Limits Kirkland Signature Motor Oil Purchases Amid Supply and Demand Pressures
Costco Wholesale Corp. has imposed purchase limits on Kirkland Signature motor oil and raised prices on the product, according to company notices, customer reports and news accounts published in September 2026. The limits apply at warehouses and online, with quantities varying by product size and location, the reports stated. Costco customers are now limited to […]
09/16/2026
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By Sterling Ashworth
Bitcoin Rises as CLARITY Act Odds Increase in Prediction Markets
Bitcoin rose nearly $2,000 on Monday to just under $80,000, its highest level since Friday, according to market data reported by ZeroHedge [1]. The move coincided with a sharp increase in prediction-market odds that the Digital Asset Market Clarity Act, a crypto market-structure bill known as the CLARITY Act, would be signed into law this […]
09/16/2026
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By Sterling Ashworth
Strategic Petroleum Reserve Falls to 285.4 Million Barrels, Lowest Since 1982
The U.S. Strategic Petroleum Reserve (SPR) has fallen to 285.4 million barrels, according to US Business News. The report states that this is the lowest level for the nation’s emergency crude oil stockpile since 1982. The figure was published by the outlet, which reported the reserve’s decline without providing direct quotes from government officials. The […]
09/13/2026
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By Sterling Ashworth
Diesel Prices Reach Record High in Poland, Opposition Warns of Further Increases
Record Diesel Prices in Poland Diesel prices in Poland have reached record highs, with average prices at 8.75 Polish zloty ($2.35) per liter, according to the e-petrol.pl price report [1]. The increase marks a continuation of a months-long upward trend that has seen fuel costs climb steadily across the country. Commercial drivers and logistics companies […]
09/13/2026
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By Sterling Ashworth
U.S. Average Diesel Prices Cross $6 a Gallon for First Time, GasBuddy Says
The U.S. national average price of diesel surpassed $6 a gallon for the first time on Thursday, Sept. 10, 2026, according to price tracker GasBuddy, as the U.S.-Israeli war on Iran and Ukrainian attacks on Russia’s refineries squeezed supply [1]. AAA data confirmed the milestone the following day, with the national average hitting $6.06 a […]
09/12/2026
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By Sterling Ashworth
Iran Continues Using Bitcoin to Bypass Sanctions, Central Bank Looks the Other Way, Report Says
Iran is continuing to use bitcoin and other cryptocurrencies to settle cross-border transactions in an effort to bypass international sanctions, according to a Financial Times report. The report, citing conversations with businesses, regime insiders, and analysts, said the country’s central bank has quietly encouraged traders to use crypto channels after advising citizens to take any […]
09/12/2026
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By Sterling Ashworth
Treasury Announces $6B Government Debt Buyback – Thrice The Normal Level
The Department of the Treasury (USDT) said Wednesday, Sept. 9, that it would buy back up to $6 billion of long-dated government debt – triple its normal operation size – in an effort to support the market for U.S. government bonds. The announcement came as stocks fell, long-term Treasury yields rose and Brent crude oil futures […]
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