This article was originally published by Frank Shostak at The Mises Institute.  There is a high likelihood that, due to the past large decline in the yearly growth rate of the money supply, the US economy is heading towards an economic bust. Note that the yearly growth rate of money supply fell from 79 percent in February 2021 to minus 7 percent by May 2023. The sharp decline in the yearly momentum of money supply is starting to hurt various activities that emerged on the back of the huge increases in the money supply between August 2019 and February 2021,…

Brexton Busch, the 11-year-old son of the late NASCAR driver Kyle Busch, suffered heartbreak on the final lap in his return to racing at Charlotte Motor Speedway.Busch led the majority of Tuesday’s Summer Shootout, but came up just short after being passed on the final turn by Landon Thrasher.It was Brexton’s first race back since his father died late last month just days before he was set to race at Charlotte in the Coca-Cola 600. Busch, 41, died May 21 after a battle with pneumonia turned into sepsis. The two-time NASCAR champion collapsed during a simulator session the Wednesday of…

NEW TAIPEI CITY, Taiwan — The United States has been selling advanced weapons to Taiwan for years, with large American contractors churning out more of the higher-end equipment than the island could ever produce alone for its defense against its military rival China.Now Taiwan, an all-purpose manufacturing hub since the 1980s with an emphasis on high-tech hardware, is positioning to sell homegrown drones to the U.S. military so it can avoid the dominant Chinese supply chain, analysts and recent transactions indicate.“Foreign governments value Taiwanese drones mainly because of Taiwan’s strong information and communication technologies foundation and its role as a…

NEWYou can now listen to Fox News articles! Sen. Tom Cotton urged the Justice Department to investigate a covert campaign linked to China designed to “kneecap” America’s rapidly expanding artificial intelligence infrastructure in a letter obtained exclusively by Fox News Digital.In the letter to Acting Attorney General Todd Blanche, the Arkansas Republican calls for federal investigators to examine whether foreign actors are attempting to shape U.S. public opinion and policy against data centers and AI development as Washington and Beijing compete for dominance in artificial intelligence. “Recent reports show that Communist China is attempting to influence our policy and public…

NEWYou can now listen to Fox News articles! Raising Cane’s owner and founder Todd Graves recently admitted he doesn’t like the coleslaw served at his own chicken-finger chain.Graves made the revelation in an Instagram interview in which content creator Joe Bonham asked him his Cane’s order.”Box Combo, no slaw, extra toast and extra sauce,” the CEO replied.FAST-FOOD MENU ITEMS THAT CHEFS LIKE TO EAT”You don’t do any coleslaw?” Bonham asked.”I don’t like the coleslaw, man, that’s why I trade it out,” Graves replied. Bonham told Graves nobody likes the coleslaw, and Graves shrugged.”Every once in a while, I get somebody…

NEWYou can now listen to Fox News articles! Within the next ten years, there could be a humanoid robot in virtually every American home and workplace. They will hear and see everything. This is our future. But, a key question remains: will these omnipresent robots be American or Chinese-made? Ensuring that the United States wins the robotics race is both a national security and economic imperative. Both the administration and Congress are now working to address this challenge. Properly calibrated, these efforts demand broad bipartisan support and swift execution.Increasingly, robots represent the place where AI meets the physical world. Large,…

NEWYou can now listen to Fox News articles! BLUE HILL, Maine – Graham Platner, the progressive left, and Donald Trump appear to be the big winners in Tuesday’s high-profile primaries in Maine and South Carolina.Platner, the oyster farmer and military combat veteran who has been facing plenty of incoming fire amid mounting controversies, cruised to the Democratic nomination Tuesday in left-leaning Maine and will now face longtime moderate Republican Sen. Susan Collins in a key race that is among a handful which will likely determine if Republicans hold their Senate majority in the midterm elections.Meanwhile, in solidly red South Carolina,…

NEWYou can now listen to Fox News articles! A federal judge on Tuesday permanently blocked Alabama executing death row inmate Jeffrey Lee with nitrogen gas after finding that it violates the U.S. Constitution’s ban on cruel and unusual punishment.U.S. District Judge Emily C. Marks handed down the ruling hours after an appeals court reversed her initial finding that the controversial execution method was constitutional. She permanently barred the state from using nitrogen gas to execute Jeffrey Lee, 49, who was scheduled to be put to death on Thursday.The judge wrote that the appeals court found the method carried “a substantial…

NEWYou can now listen to Fox News articles! U.S. Rep. Dina Titus won the Democratic primary in Nevada’s 1st Congressional District on Tuesday, defeating challengers Gabriel Cornejo, Joy Hoover and Luis Paniagua to secure her party’s nomination for an eighth term in Congress.Titus, who has represented the Las Vegas-area district since 2013, entered the race as the clear frontrunner, backed by labor unions and Democratic organizations while also holding significant advantages in fundraising.The veteran lawmaker faced a challenge from candidates who argued Democrats should embrace a new generation of leadership, a criticism Titus largely dismissed during the campaign. Titus pointed…

NEWYou can now listen to Fox News articles! Trump-endorsed candidate Marty O’Donnell advanced in a crowded GOP primary race to face off against Democratic incumbent Rep. Susie Lee in Nevada’s 3rd congressional district.O’Donnell is best known as the composer for the popular “Halo” and “Destiny” video game franchises and has run his campaign on putting “families first,” as well as promoting small businesses and community safety.The district is among Nevada’s most fiercely contested battlegrounds, with its suburban electorate often deciding close races. President Donald Trump carried the district in 2016 and again in 2024, while former President Joe Biden flipped…

NEWYou can now listen to Fox News articles! Nevada state Sen. Carrie Buck won the Republican nomination for Nevada’s 1st Congressional District on Tuesday, defeating businessman Michael Boris and other candidates in a closely watched primary contest to challenge Democratic Rep. Dina Titus in November.Buck’s victory comes after receiving endorsements from President Donald Trump and Gov. Joe Lombardo, as well as backing from national Republican groups focused on protecting and expanding the party’s House majority.Buck, an educator and former school principal who represents a Henderson-area district in the Nevada Senate, entered the race in 2025, arguing her experience in education…

NEWYou can now listen to Fox News articles! The Carolina Hurricanes have evened up the Stanley Cup Final once more thanks to Jordan Staal’s two-goal night in Las Vegas to beat the Golden Knights in Game 4, 5-3.The series now sits at 2-2 with Game 5 slated for a return back to Carolina’s Lenovo Center on Thursday to see who will have the edge in this pivotal clash on ice.This game didn’t need overtime like the previous two, but it did need someone to break the 3-3 tie that went into the third period between these opponents. With 13:39 left…