WTI falls near $84.00 on hopes for diplomatic resolution West Texas Intermediate (WTI) crude oil prices have dropped amid hopes for a de-escalation in the US-Iran conflict. The US paused its bombing campaign, prompting Tehran to suspend retaliatory attacks. This
Crude oil prices drop over 5% as Washington pauses military action, easing Fed rate-hike expectations and weakening the USD. The US suspended its two-week bombing campaign against Iran late Friday, prompting Tehran to pause retaliatory attacks for a second night. A senior
Jet fuel costs soar as Middle East tensions rise US airlines are dealing with increasing jet fuel costs due to rising Brent crude oil prices past $100 per barrel. The US jet fuel market has been tightening since March, although there haven't been concerns about sho
Iran agrees to pause attacks if US halts strikes, easing geopolitical tensions and pressuring crude prices lower. Oil markets face downward pressure after Iran committed to a ceasefire contingent on the US maintaining its pause in strikes. The 13-day conflict saw the US ha
The US regulator reiterated that prediction markets must provide detailed terms for self-certified event contracts, not template-style filings. The Commodity Futures Trading Commission (CFTC) issued its second warning this year to prediction markets, demanding stricter com
Leslie's Pool Supply may file Chapter 11 after closing 80 stores Leslie's Pool Supply is facing a possible Chapter 11 filing after closing 80 locations in March. The company reported positive Q2 results with revenue growth of 4.3% and a comparable sales increase of 6.6%.</
Lawmakers still own individual stocks despite ban The House passed legislation banning individual stock trading among members of Congress, their spouses, and dependent children. The bill, known as the 'Stop Insider Trading Act', was passed in a 232-198 vote.
US military stops airstrikes amid diplomatic efforts The US has paused its airstrikes against Iran after nearly two weeks of escalating attacks. Diplomatic efforts are underway to prevent the conflict from expanding into a broader regional war. The pause in
Net interest on federal debt exceeds defense and Medicare spending, rising $35B year-over-year to $857B. The US government spent $857 billion on net interest costs in the first nine months of fiscal 2026, surpassing expenditures on the military and Medicare. The figure ref
The bank warns structural forces like aging populations and fiscal dominance will keep borrowing costs elevated for years. JPMorgan Chase has declared the end of the easy-money era, citing six structural shifts—including soaring global debt and demographic decline—that wil
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