Economy & Finance

Pentagon Releases Video Of Marines Landing On Iranian Ship By Monday morning US Central Command had released fuller video showing the dramatic night vision footage of Sunday’s capture of an Iranian-flagged cargo ship, after it refused to follow US orders to withdraw from its planned passage through the Strait of Hormuz. The Pentagon soon after […]

Saylor’s Strategy Holdings Top 800,000 Bitcoin After 3rd Biggest Purchase In History Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases. Strategy acquired 34,164 Bitcoin for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange

Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings As the war in Iran enters its 8th week, Deutsche Bank’s Jim Reid says that recent developments can be framed in two ways: either five steps forward towards peace and three back (seems more apt than three and two), or as evidence that

“Critical Inflection Point” Reached As USA Rare Earth Expands With $2.8 Billion Serra Verde Buyout USA Rare Earth Inc. is acquiring Brazil’s Serra Verde Group in a roughly $2.8 billion cash-and-stock deal, part of a broader push by the U.S. and its allies to secure independent supplies of critical minerals, according to CNBC and Bloomberg. 

AST SpaceMobile Craters After Blue Origin Rocket Fails To Place Satellite In Correct Orbit Shares of AST SpaceMobile plunged the most since February after Blue Origin’s New Glenn rocket failed to place the company’s BlueBird 7 satellite into its intended orbit during Sunday morning’s launch. Shortly after the successful launch of New Glenn from the

3 LA County Residents Charged In Luxury Car Insurance Scam Involving Bear Suit Authored by Dylan Morgan via The Epoch Times, Three Los Angeles County residents were charged on April 16 with insurance fraud involving a bear suit and luxury vehicles. A fourth awaits trial. The California Department of Insurance said the defendants used a

Futures Slide As Oil Jumps On Ceasefire Setbacks, Nasdaq In Danger Of Ending 13-Day Streak Futures are lower, but well off session lows,after a weekend of chaos in the Strait of Hormuz cast doubt over US-Iran peace talks ahead of Tuesday’s ceasefire expiration. On Saturday, Iran said the Strait will be closed until the US

UK PM Starmer Faces “Judgment Day” Over Epstein Pal Mandelson’s Appointment UK Prime Minister Keir Starmer is preparing for a showdown with the senior official he fired over the appointment of Peter Mandelson as US ambassador, as calls for the prime minister to resign grow. The controversy stems from Starmer’s decision to appoint veteran Labour politician

Xi Urges Immediate Opening Of Hormuz Strait For First Time, In Call With Saudi Crown Prince China’s President Xi Jinping on Monday demanded the uninterrupted passage of vessels through the Strait of Hormuz in a phone call with Saudi Arabia’s Crown Prince Mohammed bin Salman, state news agency Xinhua reports. He urged the normalization of

Psychedelic Stocks Soar After Trump Order; RBC Says Commercialization Path Could Accelerate Psychedelic drug stocks soared in premarket trading in New York after President Trump signed an executive order aimed at accelerating research and expanding access to therapies used for post-traumatic stress disorder (PTSD). “The executive order I’m signing, we’re actually signing the executive order