A suspected outbreak of the rare hantavirus infection on a cruise ship in the Atlantic Ocean killed three people and sickened at least three others, the World Health Organization and South Africa's Department of Health said Sunday.
The wealth gap has never been wider: US private sector financial assets relative to US GDP are up to a record 6.7x. This means that the total value of stocks, bonds, and other financial instruments held by the private sector has never been larger relative to the real economy.
The St. Louis Fed now posting Kevin Warsh's useless inflation metric. That's how far these guys have to go to justify cutting rates while inflation is picking back up.
Reporter: How long are you prepared to maintain the blockade? Several more months? Trump: Well, the blockade is genius. Now they have to cry uncle. 'We give up.' That's all they have to do
Not looking so good for ships going through the Strait. Another tanker was attacked tonight. Got oil? [QT @OilHeadlineNews: UKMTO has received a report of an incident 78NM north of Fujairah. United Arab Emirates. A tanker has reported being hit by unknown projectiles. All crew reported safe. No environmental impact reported.]
A senior official at the Bank of Korea said it's time to consider raising rates, as economic growth appears unlikely to fall much below the bank's earlier projections, while inflation is likely to exceed its previous forecast.
South Korea's largest pension fund removed its cap on currency hedging last month, allowing it to exercise more heft in the foreign exchange market at a time of won weakness.
Trump: US guiding neutral ships through Strait of Hormuz; ships described as "trapped in the Persian Gulf"; material policy escalation from prior verbal stance
Asian equities jumped on Monday as tech stocks rallied following solid earnings from US mega caps, and after Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz.
Japan has the firepower to intervene 30 times in currency markets at last week's scale, according to analysts at Goldman Sachs, though officials are expected to conserve its reserves and step in at more effective moments
Yesterday, there was large flow volume on this $EBAY 106 call expiring 05/08/2026. Then literally TODAY, GameStop, $GME, is reportedly looking to acquire eBay, per WSJ. Someone always knows.
Dubai International Airport, the world's busiest international hub, reported a 66% drop in passenger numbers in March as the war in Iran disrupted air traffic across the Middle East
If xAI became a neocloud they would print money. It's the only business model that can sustain space-based compute at scale. You have to amortize the infra across several model and app layer distribution channels
UAE Adnoc's Ceo Sultan Al Jaber: the UAE's sovereign decision to reposition itself within the global energy landscape, and to exit OPEC and OPEC+, is not a decision directed against anyone
I really like that the OpenAI narrative has diverted from Dario's doomermaxxed marketing style. The reality is the future is going to be awesome thanks to AI. [QT: Sam Altman: 'GPT 5.5 in Codex can accomplish in an hour what would have taken me weeks two years ago … and I have never been busier in my life.']
Iranian Armed Forces Unified Command; all commercial ships + oil tankers; mandatory military coordination; Strait of Hormuz; US Navy warned; 'respond harshly to any threat'
Unified Command of Iranian Armed Forces: All commercial ships and oil tankers must refrain from any movement without coordination with Iranian military stationed in the Strait of Hormuz.
A drone hit a residential tower in an upscale Moscow district in a rare strike near the city center ahead of the traditional World War II Victory Day parade
Amazon $AMZN just posted this: "Amazon is opening its entire logistics network—freight, distribution, fulfillment, and parcel shipping capabilities—to every business, of all types and sizes"
🚫 CLAIM: Iranian state media claims that Iran's Islamic Revolutionary Guard Corps hit a U.S. warship with two missiles. ✅ TRUTH: No U.S. Navy ships have been struck. U.S. forces are supporting Project Freedom and enforcing the naval blockade on Iranian ports.
Gas prices in the US have moved up to $4.46 per gallon, their highest level since July 2022. The 50% spike over the last 9 weeks ($2.98/gallon to $4.46/gallon) is the biggest we've seen in the past 30 years.
ADNOC vessel hit by 2 Iranian drones (Hormuz confirmed); Iran state media: IRGC fired 2 missiles at US warship; CENTCOM: 'No U.S. Navy ships have been struck'; Iranian official: 'warning shot'
🚫 CLAIM: Iranian state media claims that Iran's Islamic Revolutionary Guard Corps hit a U.S. warship with two missiles. ✅ TRUTH: No U.S. Navy ships have been struck. U.S. forces are supporting Project Freedom and enforcing the naval blockade on Iranian ports.
Warsh comes in as hawks are ascendant. Based on sentiment analysis, the FOMC statement is getting more hawkish. If Warsh is to be judged, President Trump should be happy if he can convince the rest of the committee from keeping the "purple-line" in this chart from going up.
Q1 SPX EPS Growth. With 63% of the S&P 500 reported, the blended YoY EPS growth rate for Q1 is 27.1% which would mark the strongest growth since Q4'21.
"We are offering half cash, half stock, and we have the ability to issue stock in order to get the deal done," says $GME CEO @ryancohen on offering a bid for @eBay.
State producer QatarEnergy extended force majeure on its liquefied natural gas supply through mid-June, according to people familiar with the matter, as the Strait of Hormuz remains almost entirely closed to tanker traffic
OpenAI has raised more than $4 billion for a new joint venture that will focus on helping businesses adopt its artificial intelligence software, according to a person familiar with the matter
Anthropic is partnering with Blackstone, Hellman & Friedman and Goldman Sachs to form a new company that will bring artificial intelligence to a broad group of midsize companies
Scott Bessent called on US allies and on China to join an American operation to escort ships through the Strait of Hormuz even as he claimed the nation has total control of the vital waterway for the global oil trade
World Liberty Financial said it's suing Justin Sun for defamation, accusing the billionaire crypto entrepreneur of running a coordinated media campaign against the Trump-linked project
Cerebras just gave out some more details for its upcoming IPO — Cerebra said today its planning to raise ~$3.24 billion at a post IPO valuation of ~$25.5 billion
Markets in Taiwan and South Korea are making history: The total market cap of Taiwan's stock market is up to a record $4.5 trillion, surpassing Canada's $4.4 trillion for the first time. Taiwan's stock market value has also exceeded that of the UK for the first time 2 weeks
"My office has a bunch of investigations going on with respect to unfair trading practices," says USTR Jamison Greer. "We expect to be wrapping those up this summer. The president will be able to assess whether those problems require a reaction in the form of tariffs."
DTCC tokenized securities: partial go-live July 2026, full production October 2026; USDC settlement currency; $29B/day USDC demand at 1% US equity routing
DTCC tokenized securities go live for partial trading july 2026 with full production october. USDC is the settlement currency. if 1% of daily US equity volume routes through tokenized rails that's $29B daily in USDC settlement demand. current USDC transfer volume across all use
Co-founder of Anthropic, interesting that he refers to public sources when he is also obviously privy to lots of internal sources that he cannot discuss. I assume he sees the same thing at Anthropic.
US transportation stocks fell Monday after Amazon unveiled expanded logistics services, signaling new competition for parcel carriers, air freight firms, and truckers
Spirit will begin an orderly wind-down to sell assets, capping the collapse of the low-cost carrier after two recent bankruptcies and a failed last-minute US government deal
The United Arab Emirates said Monday that Iran had launched a missile and drone attack against the country, putting at risk the already shaky ceasefire between the United States and Tehran. The reported attacks have prompted the UAE to activate its missile alert system for the first time since the ceasefire began.
A U.S. official said rules of engagement have been updated, authorizing forces to strike immediate threats in the Strait, including IRGC fast boats and Iranian missile positions, per Axios
The US bond market is in serious trouble. As new reports emerge of Iranian drone attacks on the UAE's energy infrastructure, yields are surging. The 10Y Note Yield is now up to 4.45%, nearing the same level that resulted in the ceasefire and the April 2025 "90-day tariff"
BREAKING: The odds of the Fed HIKING interest rates in 2026 surge to 24% as Iran launches new drone attacks at the UAE. The market-implied base case now shows no interest rate cuts until December 2027.
BREAKING: The US announces it has "eliminated" six Iranian small boaters that were attempting to interfere with commercial shipping in the Strait of Hormuz.
Fed's Williams: I see GDP up 2-2.25% in 2026, unemployment of 4.25-4.5%. Policy is well placed to manage risks. Inflation probably 3% this year, returns to 2% target by 2027. Tariffs and energy fuel inflation surge, underlying inflation largely steady.
Shopify: >50% code AI-generated; 'many of our best engineers have not shipped code this year'; 'December changed everything. Opus changed everything'; River AI tool built in Slack
What % of Shopify Code is AI and What Tools Has Shopify Built Internally: "It is a fair deal over 50%. Many of our best engineers have not shipped code this year. December changed everything. Opus changed everything. We built River which lives in Slack and does a ludicrous
UAE: 6+ missiles fired; air defense responding to 6th missile threat; Abu Dhabi sirens; Israeli air defense system used by UAE (CNN source); material escalation from prior 4-missile report
iranian military source warns UAE against repeating '40-day war,' says restraint will be abandoned - Tasnim News. Iranian Military source: UAE would be treated as part of 'Zionist regime' - Tasnim News
Israeli Army: placed on high alert; Israeli official: 'prepared to return to immediate fighting in Iran, awaiting green light from US'; Israel's News 14
BREAKING: President Trump says Fed Chair Powell is a "disaster for America" and that interest rates are "too high." The 10Y Note Yield is nearing 4.50% with the average rate for a new 30Y mortgage now above 6.5%.
What does the oil market think? Both the July (orange) and December (blue) Brent Crude Oil Futures Contracts are at new highs. The December contract is now signaling that the market expects crude oil to be above $90 for the next seven months.
The $GME proposed acquisition of $EBAY is even dumber than it sounds, which is why he refused to answer @andrewrsorkin's basic questions this am. To start, the ACTUAL proposal is not GME acquiring EBAY: GME is the seller, not the buyer. Ryan Cohen is asking eBay to acquire [GME]
zksync lite stopped producing blocks today. not a graceful wind-down, emergency user notifications to withdraw within 48 hours. meanwhile zksync era generated $1.1m in Q1 revenue total. 51% YoY user decline. etherfi deprecating weETH bridging on zksync june 30. and the entire
The European Union is in talks with Anthropic PBC about getting its companies and banks tested for any vulnerabilities that the new Mythos AI model uncovers.
Elon Musk agreed to settle SEC allegations that he cheated Twitter shareholders out of millions of dollars in 2022 by failing to properly disclose his growing stake in the social media company
Pinterest shares jumped almost 20% in extended trading after the company reported first-quarter sales that topped analyst estimates, and gave an outlook for revenue in the current period that was higher than anticipated
Paramount reported first-quarter sales and earnings that beat analysts' expectations as the entertainment giant moves closer to acquiring its rival Warner Bros. whose shareholders voted to approve the deal last month
President Donald Trump said he's looking forward to meeting Chinese counterpart Xi Jinping, signaling that his plans for the high-stakes summit are still on despite fresh tensions between the world's two largest economies
The US auto loan crisis is accelerating: The average amount owed by underwater car borrowers rose to ~$7,200 in Q1 2026, the highest on record and the 4th consecutive annual increase. Over the last 4 years, the average amount owed by negative equity car borrowers has risen
Michael Burry sold his entire $GME position after holding it for just 98 days. The move turns one of the market's most-watched contrarian trades into a short-lived bet rather than a long-term conviction call.
U.S. Navy F/A-18 Super Hornets launch from USS Abraham Lincoln (CVN 72). Lincoln is one of two aircraft carriers enforcing the blockade on Iranian ports while also supporting Project Freedom.
The Supreme Court temporarily allowed continued nationwide access to abortion medication that's often distributed by mail. The court issued a one-week stay on a lower court's ruling that would have led to sweeping changes in how mifepristone, one of the two drugs commonly used,
Released 🚦RepoBar 0.4.0. This one makes the GitHub menu a lot smarter: persistent SQLite caching, fewer wasted API calls, visible rate limits, better Issues/PR loading, archive fallback support. Tiny menubar app, increasingly useful daily tool.
Japan Airlines will trial humanoid robots for baggage handling and aircraft cleaning at Tokyo's Haneda Airport starting in May, citing workforce shortages and rising tourist numbers
Attention: Don Alt has called for 87k by Wednesday! [QT @DonAlt: $BTC I've been preemptively bullish but I think these are the levels at which sentiment and market behavior will shift notably 78k$+ - People will finally start being cautiously bullish 87k$+ - Full blown bullish, bullish acceleration likely 70k$- - High likelihood of death]
AI capex GDP tailwind: ~2.5% in 2026, >3% in 2027 (Morgan Stanley); imported equipment excluded from GDP accounting despite being represented in US final demand
One issue when one is talking specifically about the effect of AI capex **on GDP growth** is that much of the capex being announced involves imported parts & equipment--and so doesn't directly add to GDP growth (though it *is* still represented in US final demand).
Asian equities jumped on Monday as tech stocks rallied following solid earnings from US mega caps, and after Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz.
The Devil Wears Prada 2; $233M global opening weekend; one of largest openings of 2026
The highly anticipated The Devil Wears Prada 2 brought in $233 million at the box office globally, marking one of the largest opening weekends for the year.
A United Airlines flight approaching Newark Airport struck a light pole on an adjacent highway before landing safely, the latest in a string of incidents that have put the spotlight on aviation safety in the US.
India begins counting votes in several key states on Monday, providing a barometer of Prime Minister Narendra Modi's popularity in the face of heightened economic challenges.
Nearly 50 European leaders are gathering in Armenia to discuss democratic resilience and energy security. But the meeting will likely be overshadowed by recent comments by Donald Trump.
Australian supermarket chain Coles says the price of some groceries is certain to climb as the company and its suppliers grapple with soaring fuel costs
Australia's stock exchange operator has warned businesses not to exaggerate the impact of AI on their operations, saying it monitors the market for instances of so-called "ramping" up of share prices
Hong Kong property shares rallied, leading gains in the broader market along with technology stocks, after Morgan Stanley boosted its forecast for home prices
A North Korean women's football team is set to visit South Korea this month for an Asian Football Confederation Women's Champions League semi-final, marking a rare instance of cross-border engagement
had a great time chatting with @tw_tter about agentic trading! [QT @epicenterbtc: New Episode: Inside Nansen's AI Trading Agent Platform. @ASvanevik, CEO of @nansen_ai, joins @tw_tter to discuss Nansen's massive evolution from an on-chain analytics platform to a full-stack AI trading powerhouse. Alex explains why raw blockchain data is now a commodity and how...]
High frequency trading has transformed Wall Street into a universe of algorithms. No other firm captures this digital upheaval quite like Jane Street. Many are wondering what's behind its unprecedented success
Kazimir: 'steep rise in short-term inflation expectations'; 'supply chains likely to face pressure again'; Villeroy: 'ECB must be ready to act without hesitation'
Tamil Nadu, one of India's most industrialized states, is headed for a surprise election outcome, with a film star pulling well ahead of the incumbent in the ongoing vote counting
Jean-Luc Melenchon says he will run for French president for a fourth time, positioning himself as the most established left-wing contender in the race to succeed Emmanuel Macron in 2027
Chinese robotics startup Linkerbot, known for making robotic hands for humanoids, will seek a $6 billion valuation in its next financing round, the company said
Warren Buffett's successor is asking Berkshire investors for patience as he waits for investment opportunities to arise. He might not get it, @jonathanjlevin says
Stablecoins have been one of the loudest undercurrents in CT this past month → DeFi & Yield: Lending protocols, vault yields, and APY comparisons are the single biggest driver of crypto conversation right now → Security & Hacks: Inflated by the KelpDAO/Aave cascade exploit
Norwegian cut its full-year adjusted earnings outlook, signaling it's on track to be the cruise operator most affected by disruptions tied to the Middle East
Blackstone Digital Infrastructure Trust is seeking to raise as much as $1.75 billion in a US initial public offering, offering investors the chance to capitalize on a surge in building artificial intelligence infrastructure
Tyson Foods raised its full-year profit outlook as strong protein demand enables growth even as the struggling beef segment shows no signs of turning around
A startup backed by General Catalyst Partners is in advanced talks to acquire Global Business Travel, the travel platform spun out of American Express, according to people familiar with the matter
Taiwan President Lai Ching-te surprise visit to Eswatini (Taiwan's sole African diplomatic partner); defied Beijing interference; return route uncertain
Taiwan President Lai Ching-te defied Beijing's efforts to thwart his diplomatic outreach with a surprise visit to its sole African partner over the weekend. The way back may not be any easier.
German authorities seeking to map out US supply-chain vulnerabilities as a way to win leverage with President Donald Trump's administration have identified a key pressure point: potash
De Guindos: Inflation averaged close to our 2% target in 2025. Thanks to our progress, we lowered the deposit facility rate by 100 basis points to 2% by mid-2025. We have continued reducing gradually the size of our balance sheet.
saturn protocol has $100m TVL, $100m pendle volume in weeks, live on morpho and curve, YZi Labs backed, saylor namedrop at BTC Vegas, and senior/junior tranches replicating a $1T+ CLO market structure on-chain with BTC corporate treasury credit. still no token listing. no
Majority of transactions that happen on prediction markets are not even humans; bots made up only 5% of all wallets on Polymarket, but they comprise roughly 75% of all trading volume (bots are defined as wallets making > 50 trades daily or making 1k total trades over period Jan
Jerome Powell's decision to stay on as a Federal Reserve governor after his term as chair will help reassure Wall Street and the public after President Donald Trump's pressure campaign to lower rates, according to Bill Dudley.
Colombia's peso and short-term rates plunged on Monday following the central bank's unexpected decision to hold borrowing costs just weeks before a pivotal election
Elon Musk messaged OpenAI President Greg Brockman two days before the start of his courtroom showdown against the artificial intelligence startup to gauge the ChatGPT maker's interest in settling the case, according to a legal filing
Announcing leadership appointments to advance our innovation agenda and strengthen our business for growth. Welcome Alex Katouzian, EVP & GM of Client Computing and Physical AI. Congratulations to Pushkar Ranade, named permanent CTO.
Brookfield Asset Management has agreed to form an atomic power-plant development company with startup The Nuclear Company, which will initially focus on potentially restarting an abandoned project in South Carolina
Carlyle arranged a first-of-its-kind financing that will commit more than $5 billion to seed its next flagship buyout fund while repaying investors in some of its older vintages
Europe will consider all retaliatory options should US President Donald Trump follow through on his threat to raise tariffs on cars and trucks from the European Union to 25%, the bloc's finance ministers said
Prime Minister Mark Carney's government unveiled measures worth C$1.5 billion ($1.1 billion) to help Canadian firms hurt by the Trump administration's changes to US tariffs on imports containing steel, aluminum and copper
Some of the US's closest allies are warning that the international system of security and trade is broken beyond repair — and that it's up to Europe to fashion a new global order
BondBloxx is liquidating their bond sector ETFs. Another failed attempt to make bond sectors a thing. Sectors are massive on equity side, but no one cares with bonds.
🇸🇪 Sweden is healing! [QT @patobonato: 🇸🇪 Suecia acaba de aprobar que para obtener la ciudadanía se exija: - 8 años de residencia - Ingresos estables - NO haber recibido ayudas sociales - Examen de sueco - Examen de valores y sociedad sueca]
US 3-Month Bill Auction High Yield 3.61% Bid-to-Cover 2.76 Awards 14.97% of bids at high Sells $89 bln US 6-Month Bill Auction High Yield Actual 3.61% Bid-to-Cover 2.79 Sells $77 bln Awards 2.03% of bids at high
The United Arab Emirates signaled its currency swap talks with the US were about joining a small club with access to Federal Reserve liquidity lines rather than a need for external financing
There was a similar thing a year ago when Dario said AI would write 'essentially all' the code at Anthropic within 12 months. And that sort of happened — almost everyone there uses Claude Code for code generation. But humans still make all the high-level decisions.
A group of companies led by AI chipmaker Cerebras began marketing US IPOs Monday, as firms eyeing second-quarter debuts move ahead of SpaceX's potentially record listing
Oaktree Co-CEO Armen Panossian warned that markets have been too quick to shrug off a slew of fundamental issues, which are prompting his firm to preserve cash for when a correction comes
European leaders on Monday said that President Donald Trump's snap decision to pull thousands of U.S. troops out of Germany came as a surprise, but is a fresh sign that Europe must take care of its own security.
Indian PM Narendra Modi's party has secured its first-ever election victory in the eastern Indian state of West Bengal. The victory bolsters Modi's standing as the nation's most popular leader and expands the BJP's support base across the country
World Liberty Financial起诉孙宇晨诽谤案浮现关键新细节：WLFI被指秘密在智能合约中加入可冻结任意钱包的后门；孙宇晨涉嫌通过他人代购WLFI代币并可能进行做空操作；诉讼在佛罗里达州法院提起。
WLFI: smart contract backdoor can freeze any wallet; Sun: used proxies to buy WLFI + alleged short selling; Florida state court; Justin Sun invested $75M in WLFI
Trump's crypto project is suing Justin Sun, who put $75,000,000 into World Liberty Financial WLFI is suing Sun for defamation in Florida state court The complaint alleges: • he used other people to buy WLFI on his behalf • he may have short sold
Active traders are accessing the #crude market in a big way through Micro WTI Crude Oil (MCL) futures. April average daily volume (ADV) increased 421% to over 400K contracts, driving this year's ADV above 310K contracts. #OOTT
Apollo Asset Management Co-President John Zito tells @daniburgz that credit is often safer amid volatility. They speak on the sidelines of the Milken Institute Global Conference in Beverly Hills
Guided-missile destroyer USS Pinckney (DDG 91) observes a merchant vessel while on patrol enforcing the U.S. blockade against Iran. As of today, 50 commercial vessels have been redirected by U.S. forces to ensure compliance.
Eurasia Group's Ian Bremmer says President Donald Trump doesn't have the ability to reopen the Strait of Hormuz right now. But he does say Iran is desperate. He speaks to Joe Mathieu and Carol Massar at the Milken Global Conference
OpenAI co-founder and President Greg Brockman said his stake in the startup is now worth nearly $30 billion, making him one of the larger individual shareholders in the ChatGPT maker.
Anthropic和OpenAI均发布了帮助企业将AI代理嵌入知识工作流程的新方案，Box CEO Aaron Levie指出此趋势尚处早期但将快速爆发，需要企业大规模升级IT系统。
Anthropic + OpenAI: simultaneous enterprise AI agent deployment initiatives; 'knowledge work beyond coding'; IT infrastructure upgrades required; early but 'going to get very big fast'
Both Anthropic and OpenAI have new initiatives to help enterprises deploy AI agents within their organizations. This is a trend that's early but going to get very big fast. As agents enter knowledge work beyond coding, there is very real work to upgrade IT systems, get agents
Trump Truth Social: Iranian attack on South Korean cargo vessel; 'Maybe time for South Korea to join Iran mission'; Hegseth + Joint Chiefs Caine press conference Tuesday
Trump: Iran has targeted unrelated countries over ship movements, including South Korean cargo vessel. Trump: Maybe time for South Korea to join Iran mission - Truth Social
Several US restaurant chains including Wingstop and Domino's reported weaker-than-expected sales growth in the latest quarter, saying that soaring gasoline prices caused by the US-Israeli war on Iran have forced customers to cut back on other spending
Blackstone President Jon Gray; AI boom → surge in blue-collar employment; billions on data centers + infrastructure; Milken Institute Global Conference
Blackstone Inc. President Jon Gray said the boom in artificial intelligence will lead to a surge in blue-collar employment as asset managers like his shell out billions on data centers and other infrastructure.
Investors holding $1.8 billion of bonds to finance Brightline West, a high-speed rail line between Southern California and Las Vegas, are asserting more control of the project after giving the railroad three more months to inject capital.
In Brussels today for the #Eurogroup meeting. We discussed: 🔹 update on banking union 🔹 cross-border banking consolidation in the 🇪🇺 🔹 the economic impact of the war in the Middle East
Mubadala said it's still committed to investing in the US, a welcome relief for asset managers who had grown worried that the war in Iran would cause sovereign wealth funds in the region to pull back on their overseas investments.
Guyana President Irfaan Ali warned that shifting too quickly to renewable energy in the wake of the Strait of Hormuz oil crisis could create a new dependence on critical minerals such as lithium, copper and cobalt.
pendle cut emissions 50% and active liquidity increased 5-10x. every other DeFi protocol bleeds TVL when incentives drop. pendle flipped 80% of revenue to token buybacks, $1.8m bought back YTD, $1.22m net profit Q1, and TVL is back to $1.5b growing 9.8% weekly.
Adjusted Stablecoin volume is projected to reach $719 TRILLION by 2035, according to a new report from Chainalysis. This projection is assuming organic growth alone. When factoring in macro catalysts, Chainalysis says this figure could approach $1.5
Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany with surcharges added to the usual freight rates, commodity traders said on Monday.
President Trump's immigration crackdown is negatively impacting some US-born workers in heavily targeted industries like construction, according to a paper released by the National Bureau of Economic Research.
The Trump administration is considering an executive order to create a working group on artificial intelligence, according to the New York Times, a bid to boost oversight of the emerging technology.
BNY has been hiring more analysts and interns in the past two years as artificial intelligence skills help the bank unlock more productivity, according to CEO Robin Vince
Some US state healthcare sites sent personal information — location, race, immigration data — to TikTok, Meta and other big tech companies. Experts say existing privacy laws aren't enough
AI needs the "brain power" of multiple chips. At Fab 9 in New Mexico, @Intel_Foundry creates systems of chips using Foveros 3D stacking to optimize space for laptops to be thinner with longer lasting batteries.
Alberta, the major oil-producing province of Canada, is one step closer to a referendum on secession after leaders of a separatist group said they've reached the number of signatures needed to hold a vote.
The Iran-driven energy shock is adding urgency to South Korea's push to cut its reliance on imported fossil fuels, giving President Lee Jae Myung momentum to push his clean-energy agenda.
SEC Chairman Paul Atkins said the agency is investigating allegations of fraud in private credit firms, though he declined to say specifically which companies are under scrutiny
Man Group CEO Robyn Grew discusses the market impacts of the Iran War in both the US and Europe, saying that the pain in Europe is "much more manifest" than the US. She speaks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference
Spirit Airlines says in court papers that it was forced to ground its fleet for good over the weekend because 'recent geopolitical events resulted in a massive and sustained increase in fuel prices,' per NBC
Natural gas prices are at one of their cheapest levels in history relative to oil prices. Historically, those dislocations don't persist when demand is accelerating. And right now, the demand side story for natural gas is quietly becoming one of the strongest in decades.
Software companies are flooding the US private credit industry: Software loans account for ~20% of all loans deployed by Business Development Companies (BDCs). BDCs are publicly traded firms that lend to small, mid-sized, and distressed US businesses, offering retail investors
[QT @FT: Peter Thiel, co-founder of Palantir and PayPal, is leading a $140mn investment in a US start-up that plans to use wave energy to fuel giant fleets of floating data centres.]
California's top insurance regulator says the state is seeking millions of dollars in penalties from State Farm after an investigation found the insurance company violated state law while handling claims from the 2025 Los Angeles-area wildfires.
For the second time in as many weeks, a U.S. Secret Service agent fired a gun at an armed suspect in Washington, D.C., less than a mile from the White House. The agency said an agent returned fire at a man carrying a gun. A bystander, a juvenile, was also injured.