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February 2026

Home Depot (HD) expects headwinds to persist in FY2026 with no rebound yet in sight

Markets /

Shares of The Home Depot (NYSE: HD) were down over 2% on Wednesday. The home improvement retailer delivered better-than-expected earnings results for the fourth quarter of 2025, although the top and bottom line numbers decreased versus the previous year. The company expects the ongoing challenges in the housing market to persist in the upcoming year […]

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Cuban Border Guards Kill Four People On American Speedboat

Economy & Finance /

Cuban Border Guards Kill Four People On American Speedboat The Cuban Embassy’s official X account reported that a Florida-registered speedboat illegally entered Cuban territorial waters. This prompted a maritime unit of Cuban border guards to intercept the vessel, after which a firefight erupted, leaving four people aboard the speedboat dead and six injured. “The vessel,

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CME Halts All Metals, NatGas Markets Due To “Technical Issues”

Economy & Finance /

CME Halts All Metals, NatGas Markets Due To “Technical Issues” At around 1300ET, the Chicago Mercantile Exchange (CME) halted trading of all metals and NatGas contracts (futures and options) due to ‘technical issues’. Additionally, all day orders and GTDs with today’s date will be cancelled. All GTCs that have been acknowledged will remain working. Since

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Mike Johnson Promises That Trump’s Presidency Will End If Democrats Win Back The House

Politic /

In electoral politics, it is usually the party that is out of power that promises that a victory will end the rule of an unpopular congressional majority or president. The usual message coming from a minority party during a midterm election is that they should be elected to serve as a check on the president.

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Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ

Economy & Finance /

Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ It’s not just Trump who is stacking his central bank with uberdoves. After plunging yesterday following a Mainichi report that Japanese Prime Minister expressed concerns at more BOJ rate hikes, the yen has tumbled more, sending the USDJPY as high as 156.80 this morning,

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Subpar 5Y Auction Sees Biggest Tail Since July 2025, Bid to Cover Slides

Economy & Finance /

Subpar 5Y Auction Sees Biggest Tail Since July 2025, Bid to Cover Slides After yesterday’s 2 Year auction, moments ago the Treasury sold its second coupon for the week when it auctioned off $70BN in 5 Year paper in a rather lackluster auction.  The auction priced at a high yield of 3.615%, down from 3.823%

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Schumpeter Didn’t Have This Level Of Destruction In Mind

Economy & Finance /

Schumpeter Didn’t Have This Level Of Destruction In Mind By Michael Every of Rabobank The tendency for the rate of things to fall Markets are trying to get past a report on how devastating AI could be for employment. There are push-backs: it ignores resource constraints and Schumpeterian creative destruction, and echoes Marx’s Tendency for

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“Do You See What Happens Larry…”: Summers Out At Harvard After Epstein Scandal

Economy & Finance /

“Do You See What Happens Larry…”: Summers Out At Harvard After Epstein Scandal Who could have seen this coming? Aug 2019: Clinton Treasury Secretary Larry Summers Rode On Epstein’s ‘Lolita Express’ The former Harvard President and Clinton-era Treasury Secretary has been cited four times on the flight logs of Jeffrey Epstein’s ‘Lolita Express’. During his

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Ethereum Foundation Starts Staking ETH As Client Diversity Concerns Persist

Economy & Finance /

Ethereum Foundation Starts Staking ETH As Client Diversity Concerns Persist Authored by Christina Comben via CoinTelegraph.com, The Ethereum Foundation has begun staking part of its treasury, turning one of Ethereum’s most influential entities into a direct economic participant in network consensus. According to a Tuesday post on X, the foundation deposited 2,016 Ether and plans to stake about

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Trump To Iran: War Can Be Averted If It Says “Those Secret Words”

Economy & Finance /

Trump To Iran: War Can Be Averted If It Says “Those Secret Words” Among the most important foreign policy statements of President Trump’s during his annual State of the Union address to a joint session of the Senate and House of Representatives Tuesday night came in discussing his Iran red lines. “We are in negotiations with

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