


On Friday afternoon I took a break from reading the Supreme Court’s tariff ruling to talk about the EPA’s final rule rescinding the “endangerment finding,” which serves as the basis for regulating greenhouse gases under the Clean Air Act, on Andrew Revkin’s “Sustain What” podcast. We were joined by environmental attorney Sean Donohue (who will […]

The global derivatives market has recently undergone a tectonic shift, reaching a monumental $846 trillion in notional outstanding value as of mid-2025, a growth trajectory that shows no signs of abating as we move through 2026. This 16% annual acceleration represents the most significant surge in market activity since the onset of the 2008 financial […]

The survival of a small business in 2025 is less a reflection of its accounting profit and more a testament to its liquidity velocity. As operational costs continue to climb—rising by an average of 7% year-over-year—and customer payment windows expand to nearly a month, the margin for error in treasury management has effectively vanished. Small […]

Institutional adoption of digital assets is entering a new phase. It is no longer centered solely on Bitcoin ETFs or corporate treasury allocations. Instead, financial institutions are experimenting with tokenization to modernize traditional instruments. A notable example comes from SBI Holdings, which recently launched a ¥10 billion blockchain-based bond program. What sets the issuance apart […]

The landscape of inflation derivatives in 2026 is defined by a sophisticated tug-of-war between anchored long-term expectations and extreme short-term sensitivity to price shocks. For the modern institutional investor, structuring an inflation-protected swap deal is no longer just about hedging a liability; it is about exploiting market frictions, optimizing tax treatment under evolving codes, and […]

British Labour Party operatives who put Prime Minister Keir Starmer in power hired APCO PR firm to investigate me and other journalists probing political corruption.

The student protesters honoured thousands of those killed when nationwide mass protests were put down last month.

Gu embodies what our immigration orthodoxy promotes: an America where citizens of the world can enrich themselves with no loyalties attached.