The Market Ticker(R): Money, markets, social issues and politics.
The Strait of Hormuz is closed. Oh, you can claim otherwise, but it is effectively closed. The claims of our government otherwise are simply not borne out in the supply of oil; you can claim something went through a channel but then it has to wind up somewhere, and it hasn't. Never mind Marinetraffic which continues to show a crap-ton of vessels at anchor on both sides of it rather than moving…
From Fox: The Persian Gulf Strait Authority (PGSA) blamed U.S. "political interference" on Aug. 11 after directing users to access its portal through an unsecured HTTP connection. “Due to political interference by the US govt. in the internet service providers, we kindly request all applicants to temporarily use the address http://pgsa.ir and preferably the Firefox browser to submit their…
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Yep, you read it here first. Cloudflare has posted a ditty claiming that "AI" traffic on the Internet has exceeded human traffic, and some "prognosticators" expect it to do so by a factor of 1,000 by 2030. Most people have absolutely no idea how ludicrous that is given the structure of the Internet today including how its funded. There are more than a few people {wink-wink} who understand both,…
CNBC tries to make excuses for a trend government has permitted employers to create. After six months of scouring job listings and sending off resumes, Dan Coda’s job search came to an end. He didn’t find the technical program or project management job he wanted; he just stopped looking altogether. Starting around December 2025, when he was laid off from his previous role, Coda says he…
This is a very interesting case and within days the window to file an appeal and thus continue the existing stay will expire. In short the National Firearms Act in 1934 required multiple types of firearms and accessories to carry a tax stamp to be lawfully possessed. The three at issue here are mufflers (called "suppressors"), short-barrel rifles (total barrel length of under 16", yet a rifle,…