Economy
$130 Billion in Illegal Tariffs Must Be Refunded. A Federal Judge Just Said So.
A federal judge ordered the US to refund $130B+ in illegal IEEPA tariffs. 300,000 businesses are waiting. CBP reports to the court today. The clock is ticking.
Economy
A Russian Gas Tanker Just Sank in the Mediterranean. Europe’s Last Backup Plan Went Down With It.
A Russian LNG tanker sank in the Mediterranean. Qatar's gas is offline. Putin is threatening to cut the rest. Europe's gas supply is under triple squeeze.
Crypto
Banks Are Blocking the Biggest Crypto Bill in US History. Trump Just Called Them Out by Name.
The CLARITY Act passed the House 294-134. Banks are blocking it over stablecoin yield. Trump called them out. March markup is the last window before midterms.
Economy
China Just Set Its Lowest Growth Target Since 1991. The Timing Is Not a Coincidence.
China set its lowest GDP target since 1991 at 4.5-5%. Investment fell for the first time in decades. The old growth model is breaking and Beijing knows it.
Crypto
Korean Stocks Just Lost 20% in Two Days. Bitcoin Picked Up the Check.
KOSPI crashed 20% in two days. Gold dropped 4%. Bitcoin ripped to $73,000. Korean retail is rotating back to crypto and the correlation just broke.
Stocks
Oil at $80, Hormuz Shut, and the Only Currency That Doesn’t Care Is the One That Started It.
The US launched the strikes. The dollar is the biggest winner. EUR/USD pierced 1.16, USD/JPY hit 158, and the SNB is talking negative rates. The 2022 playbook.
Economy
The Supreme Court Gave Congress Back the Power to Tax Imports. Nobody in Washington Is Ready for What Happens Next.
Section 122 tariffs expire July 24. Congress won't extend them. Section 301 takes months. The US faces a trade policy vacuum — in the middle of a war.
Stocks
Seoul’s $22 Billion Margin Bet Just Blew Up in the Worst KOSPI Crash on Record
South Korea's KOSPI crashed 12.1% — its worst day ever — as $22 billion in margin debt met an oil shock. Circuit breakers fired. The won hit 1,500.
