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News & Articles By Sterling Ashworth
06/07/2026
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By Sterling Ashworth
U.S. Oil Shocks Have Muted Impact on Employment, Fed Study Finds
A new study from the Federal Reserve Bank of Boston has found that oil price shocks add less to inflation than in the 1970s and that their effect on employment has largely vanished. Researchers estimated that a 33% price shock tied to the current war with Iran would add about 1.5 percentage points to inflation […]
06/05/2026
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By Sterling Ashworth
Indian Refiners Freeze Domestic Jet Fuel Prices Amid Supply Concerns
Indian refiners have frozen the price of jet fuel for domestic flights after airlines requested relief from recent fuel price increases, according to a Bloomberg report. In an additional concession, fuel makers also reduced the price of jet fuel for international flights, the report stated, citing unnamed spokespeople from state-owned refiners including Indian Oil Corp., […]
06/04/2026
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By Sterling Ashworth
European Central Bank: Gold Surpasses U.S. Treasuries as Global Reserve Asset
Gold has overtaken U.S. Treasuries as the world’s second-largest reserve asset held by central banks, according to a European Central Bank (ECB) report. Bullion accounted for 27% of global central bank reserve assets at the end of 2025, up from 20% a year earlier, the ECB said. In contrast, U.S. Treasuries fell to 22% from […]
06/02/2026
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By Sterling Ashworth
Gold Drops Nearly 2% as Middle East Tensions Fuel Rate Hike Expectations
Gold fell nearly 2% on Monday – testing the $4,500 per ounce level – according to market data, as renewed U.S. military strikes on Iranian sites intensified expectations that the Federal Reserve will keep interest rates elevated. Three-month futures in New York also dropped, holding just above $4,500 per ounce. Overnight, U.S. forces carried out airstrikes on […]
06/02/2026
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By Sterling Ashworth
Bitcoin ETFs Log Record Ten-Day Outflow Streak
Spot Bitcoin exchange-traded funds (ETFs) recorded net outflows for a tenth straight trading day, setting a new record for the longest withdrawal period since their launch. The outflows, which totaled $2.8 billion over the first nine days alone according to data from Farside Investors, extended into a tenth day as institutional demand for Bitcoin exposure […]
05/31/2026
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By Sterling Ashworth
Copper Tariff Trade Tightens Global Supply
Traders are once again scouring global markets for copper to ship to the United States, as renewed speculation over import tariffs widens the price spread between New York’s Comex and the London Metal Exchange (LME), according to several industry executives. The revived trade is tightening global availability of the industrial metal, with front-month Comex contracts […]
05/31/2026
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By Sterling Ashworth
Bitcoin Hash Rate Flattens as Miners Face AI Squeeze, Fidelity Report Says
Bitcoin’s network hash rate has stalled and mining difficulty has dropped sharply in 2026, signaling that miners are redirecting power and capital toward artificial intelligence (AI) data center workloads, according to multiple industry reports. A mid-year update from Fidelity Digital Assets, as summarized by third-party outlets, describes the year as one of “structural retooling,” where […]
05/29/2026
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By Sterling Ashworth
U.S. Home Prices Decline in Over Half of Major Cities, Case-Shiller Data Shows
National Home Prices Fall for Second Consecutive Month Home prices in the 20 largest U.S. cities fell 0.16% month-over-month in March, according to the S&P CoreLogic Case-Shiller Index. The decline followed a 0.1% drop in February, which was the first monthly decrease since June 2025, according to previous data [1]. Year-over-year appreciation slowed to 0.83%, […]
05/28/2026
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By Sterling Ashworth
Trump Media Transfers Bitcoin to Exchange as Unrealized Losses Reach $455 Million
Trump Media & Technology Group (Nasdaq: DJT) transferred 2,650 Bitcoin worth approximately $205 million to the exchange Crypto.com on May 22, 2026, a move widely interpreted as preparation for a potential sale, according to on-chain data from blockchain analytics firm Lookonchain. The transfer occurred in two transactions originating from wallets labeled as Trump Media accounts […]
05/25/2026
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By Sterling Ashworth
U.S. Lawmaker Introduces Bill to Codify Strategic Bitcoin Reserve
Rep. Nick Begich, Republican of Alaska, introduced legislation Thursday to permanently establish a U.S. strategic bitcoin reserve, according to a press release from his office. The bill, titled the American Reserve Modernization Act of 2026 (ARMA), is designed to codify President Donald Trump’s March 2025 executive order and give the reserve a durable legal foundation […]
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