UDP NEWS

It’s a story we have been covering since before last year’s holidays. After a tough 2022 for dealmaking, banker pay continues to get cut. The rollbacks continued this week with some top investment bankers in

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

Top insurers State Farm and Progressive are refusing to provide insurance coverage for certain models made by South Korean car firms Kia and Hyundai, with reports claiming that

Fossil fuels have been our predominant source of energy for over a century, and the world still extracts and consumes a colossal amount of coal, oil, and gas every year.

This infographic below by Visual Capitalist’s Govind Bhutada visualizes the volume of

Authored by Margaret Anna Alice via ‘Through The Looking Glass’ Substack,

Letter to the Stanford Daily: Why Is There a COVID Vaccine Mandate for Students?

“Not to know is bad. Not to wish to know is worse.”

—African proverb

I can’t

Consumers grappling with elevated food inflation might be in for another surprise: A shrinking US cattle herd indicates tight livestock supplies for years. 

A decline in cattle herds and high production expenses will translate into higher beef prices at

Authored by Pepe Escobar via The Cradle,

Realizing NATO’s war with Russia will likely end unfavorably, the US is test-driving an exit offer. But why should Moscow take indirect proposals seriously, especially on the eve of its

Chinese enterprises increased patent filings for artificial intelligence products rapidly in the past couple of years.

As Statista’s Katharina Buchholz notes, the companies holding the most active AI and machine learning patent families are now tech giant Tencent and search engine provider

Authored by Katie Spence via The Epoch Times (emphasis ours),

Nicole Sirotek is a registered nurse in Nevada with over a decade of experience working in some of the harshest conditions. When a hurricane devastated Puerto Rico,

Submitted by Gun Owners of America,

The Biden Administration’s so-called “Ghost Gun” rule released last year provided everything ATF now needs to confiscate millions of pistols equipped with stabilizing braces.

With the gun registry expansion rule enacted, the Biden Administration has

Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours),

Florida Gov. Ron DeSantis threw down the gauntlet on fixing higher education on Jan. 31, vowing to eliminate all funding for Diversity, Equity, Inclusion (DEI), and Critical Race

The health of the US manufacturing sector continued to decline at the start of 2023, according to the latest PMI data from S&P Global (albeit deteriorating at a very slightly reduced rate compared to December from 46.2 to 46.9) and the

Via Global Macro Monitor,

The following chart suggests the stock market still has an outsized influence on the economy. 

In theory, the market capitalization to GDP ratio should be a mean reverting time series.  

We don’t know for certain, but we

Oil prices were weaker this morning following weak Manufacturing data and a poor ADP jobs report, and following last night’s across-the-board builds reported by API. Additionally, OPEC+ committee recommended keeping crude production steady as the oil market awaits clarity on demand

Authored by Jonathan Turley,

We previously discussed the movement in journalism schools to get rid of principles of objectivity in journalism. Advocacy journalism is the new touchstone in the media even as polls show that trust in

Update (1230ET):

Adani Enterprises pulled its $2.4 billion follow-on public offer (FPO) of shares after US short-seller Hindenburg Research unleashed a short attack on the Indian company. 

Adani Enterprises said the company’s board decided not to go ahead with its FPO