Free Republic

Diesel futures traded sharply higher Tuesday, as doubts mounted about the likely impacts of the Trump administration’s latest efforts to push prices down. U.S. diesel futures were up 5% by midday to their highest level in weeks. In Europe, diesel futures rose by about 3.8%, while gas futures spiked to levels not seen all year. A move higher in futures markets typically signals that prices will climb in the coming days. Already, the average nationwide price of diesel is up 70% since the U.S. and Israel attacked Iran on Feb. 28. The cost of unleaded gas has risen by more...

Florida Gov. Ron DeSantis (R) on Thursday criticized President Trump's controversial proposal to pay out $5,000 checks to every U.S. adult if Republicans win the midterms. "What I would say is, if you are getting surplus revenue, you should cut people's tax and return it to the people," DeSantis said during a press conference in Miami on Thursday. "What I don't think you want to do is borrow another trillion-and-a-half dollars and then just try to flood that into the economy, because that will lead to more inflation," DeSantis continued. "That will lead to more debt and more inflation."

It's time to release the Memorandum of Understanding between the United States and Iran. Speculation is running rampant about what's in it, and leaks from the administration are making Trump's allies very nervous because they all seem to suggest that Iran's propaganda about what's in it is largely accurate. Vice President Vance is spinning like a top that it's really a great deal, and all the great benefits Iran claims it will get depend on performance, but unless we know what is in the MOU, we don't know what "performance" really means. (snip) One thing we do know is that...

The Trump administration is considering backing the creation of a massive $300 billion reconstruction and investment fund for Iran if Tehran fulfills commitments under a newly signed memorandum of understanding and ultimately reaches a broader settlement on its nuclear program and regional conduct. President Donald Trump has called reports that the U.S. will pay Iran $300 billion "fake news" — but Vice President JD Vance and others confirmed the establishment of a global fund paid by an international coalition to aid Tehran as real.According to reports from the Financial Times and other outlets, the proposed fund would not be financed...