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News & Articles By Sterling Ashworth
10/14/2026
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By Sterling Ashworth
UN Report Says Global Poverty Rises for First Time Since 2010, Affecting 1.2 Billion
The number of people living in acute multidimensional poverty has risen for the first time since the global Multidimensional Poverty Index was introduced in 2010, according to a report released Monday by the United Nations Development Program and the Oxford Poverty and Human Development Initiative at the University of Oxford [1]. According to UNDP, the […]
10/13/2026
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By Sterling Ashworth
U.S. Bankruptcy Filings Rise 11% in First Nine Months of 2026
Individuals made 444,252 filings from January to September, while businesses made 25,467 filings, up 7%, the ABI said [1]. “The continued increase in bankruptcy filings reflects the strain of higher borrowing costs, rising household expenses, growing consumer delinquencies, and a softer job market,” Michael Hunter, vice president of bankruptcy data provider Epiq AACER, said in […]
10/12/2026
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By Sterling Ashworth
Trump Says Russia Will Export Diesel, Lifts Sanctions
President Donald Trump announced Friday that Russia will supply diesel to U.S. and global markets, saying sanctions on Russian fuel exports have been temporarily lifted as prices surge amid overlapping conflicts in Ukraine and the Middle East. The president disclosed the arrangement in a post on Truth Social following what he described as a 90-minute […]
10/10/2026
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By Sterling Ashworth
Trump Pledge on Iran Strikes Fails to Soothe Oil Markets
President Donald Trump’s surprise pledge that the U.S. would not resume airstrikes against Iran before the midterm elections failed to reverse a sharp jump in oil prices Thursday, according to market data cited by NBC News. Oil markets largely ignored the pledge. After having risen as high as almost $106 per barrel, Brent crude oil […]
10/10/2026
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By Sterling Ashworth
Trump Considering Suspending Federal Gas Tax as States Lower Fuel Levies
On Oct. 6, President Donald Trump said that he is considering suspending the federal gas tax. Trump told reporters at the White House that his administration is weighing the option as fuel prices remain elevated weeks before the midterm elections. “We’re thinking about that,” Trump said when asked whether the federal gas tax should be […]
10/09/2026
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By Sterling Ashworth
After the Penny, Congress Looks to Tackle the Cost of the Nickel
U.S. senators passed the bipartisan Common Cents Act to formally end production of the copper penny, sending the bill to President Donald Trump’s desk for his signature, according to Fox News Digital. A separate provision in the same legislation directs the Treasury Department to study the use of cheaper materials for the nickel, the bill […]
10/09/2026
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By Sterling Ashworth
U.S. Rare Earth Push Faces Processing Bottleneck as China Dominance Persists, Analysts Say
The U.S. will not break China’s grip on rare earth elements this decade, according to ING analysts Ewa Manthey and Coco Zhang, who published a note on Monday titled “The US rare earth push: what comes next?” [1]. She characterized the U.S. challenge as industrial rather than geological, stating that vulnerability lies in the difficult […]
10/09/2026
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By Sterling Ashworth
U.S. Budget Deficit Surges to Nearly $2 Trillion, CBO Reports
The federal budget deficit climbed to nearly $2 trillion in the fiscal year that ended Sept. 30, the Congressional Budget Office reported, deepening a pattern of persistent red ink that has alarmed budget analysts across the political spectrum. The gap between what the government collects in taxes and other revenue and what it spends widened […]
10/07/2026
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By Sterling Ashworth
Bill Aims to Stop U.S. Lawmakers From Betting on Their Own Elections Ahead of Midterms
Rep. Don Davis (D-NC) has introduced legislation that would bar federal candidates and their close family members from trading prediction market contracts tied to their own elections, according to a Cointelegraph report published Tuesday, Oct. 6. The measure, titled the No Betting on Your Own Race Act, arrives with less than a month remaining before […]
10/05/2026
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By Sterling Ashworth
Did Netanyahu’s Cabinet Know about October 7 Attack in Advance?
On October 7, 2023, Hamas-led fighters breached Israel’s Gaza border barrier, killing about 1,200 people and taking 251 hostages, according to Israeli officials [1]. Israeli officials initially described the assault as a surprise. Subsequent reports, books and testimony cited by former officials allege that political and military leaders received advance warnings of the operation [2]. […]
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