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Economy & Finance

Wall Street Desperately Seeks Details On Trump’s Plan To Unclog Hormuz Chokepoint

Wall Street Desperately Seeks Details On Trump’s Plan To Unclog Hormuz Chokepoint It’s been wild ride in crude over the past few days with Brent crude futures were capped near $84 a barrel on Tuesday afternoon before sliding down to the $81 level late Wednesday afternoon, only to surge back up to $84 this morning… […]

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There Is A Growing Willingness By Europe To Contribute To Regional Security

There Is A Growing Willingness By Europe To Contribute To Regional Security By Elwin de Groot, head of macro strategy at Rabobank Losing One’s Innocence A degree of calm seemed to return to energy and financial markets yesterday, helped by tentative signs – reinforced by US and Israeli statements – that intensified military operations against

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Iran War Puts Ukraine Peace Talks On Hold, As Gulf Venue Under Attack

Iran War Puts Ukraine Peace Talks On Hold, As Gulf Venue Under Attack The Russia-Ukraine war, having just last month entered its fifth year, continues experiencing spillover effects from the Trump-ordered Operation Epic Fury in Iran. Ukrainian President Volodymyr Zelensky has newly announced (overnight) that trilateral peace talks with Russia and the United States are

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Good Riddance, Jasmine Crockett

Good Riddance, Jasmine Crockett Submitted by QTR’s Fringe Finance The results of Tuesday’s Democratic primary in Texas delivered a clear political message: voters are tired of listening to Rep. Jasmine Crockett. And thank f**king god she lost, because I am too. Crockett, who spent much of her short national career cultivating a reputation as the politician who can

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Iran Says Strait Of Hormuz Open As China-Linked Ship Transits Maritime Chokepoint

Iran Says Strait Of Hormuz Open As China-Linked Ship Transits Maritime Chokepoint “Some are criticizing us [Iran], saying that we have closed the Strait of Hormuz. We do not believe in closing the Strait of Hormuz at all,” Iranian military commander Amir Heydari told Iranian state TV on Thursday. Iran military says it has not

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Massive Wave Of Iranian Missiles Pummeled Israel Overnight, As Trump Hopes Of ‘Quick Victory’ Fading

Massive Wave Of Iranian Missiles Pummeled Israel Overnight, As Trump Hopes Of ‘Quick Victory’ Fading The United States and Israel continue their history-shaping shock and awe style military campaign against Iran, with Israeli forces also now intensifying strikes in Lebanon. Since Saturday, at least 1,230 people have been killed in what’s clearly morphed into a

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Erratic Futures, Oil Jittery As Iran Newsflow Drives Markets

Erratic Futures, Oil Jittery As Iran Newsflow Drives Markets US futures are mixed, first dropping overnight to session lows after Iran vowed to escalate its retaliation against US strikes and avenge the US sinking of an Iranian warship as the conflict entered its sixth day, before spiking to session highs after Bloomberg reported that Iran

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‘No Hire, No Fire’ Economy Rolls On As Job Cuts Plunge, Jobless Claims Hover Near Multi-Year Lows

‘No Hire, No Fire’ Economy Rolls On As Job Cuts Plunge, Jobless Claims Hover Near Multi-Year Lows U.S.-based employers announced 48,307 job cuts in February, down 55% from the 108,435 job cuts in January. It is down 72% from the 172,017 cuts announced during the same month last year, according to a report released Thursday

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Precious Metals Plunge As Poland Weighs Gold Sales To Fund Defense

Precious Metals Plunge As Poland Weighs Gold Sales To Fund Defense Poland’s central bank chief laid out a proposal to generate as much as 48 billion zloty ($13 billion) from the sale of gold reserves to finance defense spending as part of a plan backed by the nation’s president, according to people familiar with the

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