The Strait of Hormuz is 21 nautical miles (approximately 24 statute miles, or 39 km) wide at its narrowest point. On an average day in 2025, approximately 20 million barrels of oil passed through it -...
The price of oil is currently a hot topic right now, as the war in Iran has sent the price of a barrel of oil shooting higher. Oil is extremely volatile and always has been. Case in point? In ...
How much did the United States spend on World War I and World War II, and how do these costs compare to the costs of modern warfare? Compared to World War II and modern wars, World War I was relati...
Which US President suffered the greatest loss in a midterm election? That "distinction" belongs to President Grover Cleveland, who lost 116 House seats and 4 Senate seats in the 1894 midterm electi...
Since the beginning of the United States, a total of eight Presidents have died while serving in the White House. Of these eight Presidents, four were assassinated, while the other four died of na...
The midterm election is usually not a pretty result for the party that is currently occupying the White House. Since 1946, the President's party has lost seats 18 out of 20 times - only President ...
President Donald Trump has teased the idea of running for a third term in the White House on multiple occasions. Running for a third term, of course, is barred by the 22nd Amendment, which states ...
A few hours had passed following the attack by the Japanese on Pearl Harbor, and Archibald MacLeish's mind was racing. While the rest of the country was paralyzed by the horrific December 7th, 194...
The Chicago Bears have been one of the greatest investments in the history of mankind, returning a total of 8.2 billion percent (and counting). From the franchise's inception in 1920 until now, th...
In 1944, the top marginal tax rate in the United States hit 94%. The justification? In 1942, President Franklin D. Roosevelt said that the country needed "steeply graduated taxes.. to keep the cos...
Midterm elections usually aren't pretty for the party that is in the White House. Since World War II, the sitting President has lost an average of 26 House seats and 4 Senate seats. This is du...
It was the mid 1970s, and the United States had a big problem. During the Yom Kippur War, members of the Organization of Arab Petroleum Exporting Countries imposed an oil embargo against the Unite...
Deep in the bowels of the New York Federal Reserve building, 507,000 gold bars - or 6,331 metric tons - sits behind 90-ton steel doors and reinforced concrete. There are 122 vaults in total in the...
As of the last update from the government, the United States owns roughly 261,500,000 ounces of gold, or around 8,133 metric tons. The "book value" for this gold is just $11 billion (we'll get to ...
It wasn't that long ago when Elon Musk, CEO of Tesla, SpaceX and an assortment of other companies, was slumping. Musk, having grown frustrated over his DOGE initiative in Washington, lashed out at...