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News & Articles By Sterling Ashworth
07/23/2026
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By Sterling Ashworth
Trump’s 18-Month Deadline to Halve Electricity Prices Arrives With Rates Up 18%
President Donald Trump pledged on the campaign trail to cut electricity prices in half within 18 months of returning to office, promising to use executive authority to bring down costs. That self-imposed deadline is July 20, 2026. Speaking at a rally in Asheville, North Carolina on Aug. 14, 2024, Trump said he would issue an […]
07/22/2026
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By Sterling Ashworth
Treasury Blocks Nearly $100 Million in Payments to Deceased Individuals After New Verification System
The U.S. Department of the Treasury (USDT) has blocked nearly $100 million in taxpayer funds from being paid to deceased individuals since implementing a government-wide payment verification system in March 2025, according to department officials. The USDT’s Bureau of the Fiscal Service identified more than 4,900 disbursements totaling approximately $99 million that were associated with […]
07/21/2026
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By Sterling Ashworth
Trump’s Gas Gimmick Crashes: “Freedom Fuel” Price Already Failing
The White House earlier announced the launch of a network of gas stations branded as “Freedom Fuel,” touting a price of $3.47 per gallon – a figure intended to honor President Donald Trump as the 47th president. But data from the fuel-price tracking platform GasBuddy shows that actual prices at the stations have already risen above […]
07/20/2026
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By Sterling Ashworth
CNBC Survey: Majority Pessimistic on Economy; Trump Approval Remains Low
A majority of registered voters are pessimistic about the economy, with the highest level of gloom seen since the end of 2023, according to the latest CNBC All-America Economic Survey released July 17. The survey of 1,000 registered voters nationwide, with a margin of error of plus or minus 3.1 percentage points, found that 61 […]
07/19/2026
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By Sterling Ashworth
China’s Oil Inventory Draw Reshapes Global Crude Market During Iran Conflict
China drew 41 million barrels from crude inventories in June, one of the largest monthly draws on record, according to the International Energy Agency. The draw allowed Chinese refiners to meet domestic demand from storage rather than increasing imports, easing pressure on global oil supplies during the conflict in Iran. The Middle East conflict has […]
07/19/2026
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By Sterling Ashworth
Japan’s Parliament Reclassifies Bitcoin and Crypto as Financial Assets Under FIEA
Japan’s parliament passed an amendment on Wednesday that reclassifies cryptocurrency as a “financial asset,” a shift that pulls bitcoin and other digital assets out of the country’s payments regime and into the framework that governs stocks, bonds, and investment trusts, according to a report from public broadcaster NHK [1]. The change strips crypto of its […]
07/18/2026
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By Sterling Ashworth
China’s Oil Imports Plunge 40% as Conflict Flares in Strait of Hormuz
China’s crude oil imports fell 41% in June to 29.27 million tonnes, the lowest monthly volume since October 2016, according to data released by Chinese customs on Tuesday. The world’s largest oil importer purchased an average of 11.6 million barrels per day last year, more than the combined imports of France, the United Kingdom and […]
07/18/2026
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By Sterling Ashworth
Largest Egg Producers to Pay $3.3 Million in Price-Fixing Settlement
Settlement Announced The Department of Justice announced a settlement on June 30, 2026, with the three largest U.S. egg producers — Cal-Maine Foods, Versova Holdings, and Hickman’s Egg Ranch — who agreed to pay a total of $3.3 million to resolve allegations that they conspired to artificially inflate egg prices during a bird flu epidemic. […]
07/17/2026
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By Sterling Ashworth
FTC Intensifies Enforcement of “Made in USA” Label Rules
The Federal Trade Commission has taken steps to increase enforcement against companies that use misleading “Made in USA” labels, according to officials. FTC Chairman Andrew Ferguson said the Trump administration is taking “unprecedentedly aggressive steps” to protect American manufacturers and consumers. The commission’s actions aim to ensure that products marketed as domestically produced meet the […]
07/17/2026
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By Sterling Ashworth
China Prosecutors Propose Treating Crypto Mixer Use as Evidence of Money Laundering
China’s Supreme People’s Procuratorate has published proposals that would treat the use of cryptocurrency mixers and privacy coins as presumptive evidence of money laundering intent, according to an article in the official Procuratorial Daily published July 14, 2026. The article was written by two prosecutors from Hunan Province’s Yuhu District and an associate law professor […]
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