PODCAST: DHP Villains: Woodrow Wilson, Part 10

Volkswagen May Convert German Auto Plant Into Iron Dome War Factory Struggling German automaker Volkswagen may soon begin transforming its Lower Saxony factory from producing T-Roc Cabriolets to manufacturing parts for the Iron Dome missile interceptor system, according to a new Financial Times report. This reveals a new reality for the West: a nation's auto industry can become a dual-use industrial base in times of conflict. FT reports that Israel's Rafael Advanced Defence Systems is in talks with VW regarding its troubled Osnabrück plant to produce Iron Dome components.  "The aim is to...

Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futures fell 0.4% after Bloomberg strategists said a best-case scenario has already been priced in;  Nasdaq futures dropped 0.3% with Mag7 stocks mostly lower. Europe’s Stoxx 600 index fell 0.7%. Emerging-market...

Kalshi Bans 3 US Politicians For Betting On Their Own Election Races Authored by Stephen Katte via CoinTelegraph.com, Two US congressional candidates and one sitting lawmaker have received fines and bans from Kalshi after they were found betting on the outcomes of their election races, as prediction market platforms crack down on insider trading. Matt Klein, a sitting member of the Minnesota State Senate, was fined $539 for betting on his primary race in his bid for the US House of Representatives, which is set to take place in August. Ezekiel Enriquez, who ran...