China To Accelerate The Construction Of Coal-Fired Power Plants

U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket Chicago wheat futures surged on Tuesday, hitting two-year highs after the USDA's latest WASDE report signaled a much tighter U.S. supply outlook than traders had anticipated. Production stress across America's breadbasket is now converging with a megadrought and mounting fertilizer constraints, adding upward pressure on prices at a time when global food prices are rising. 🌾Due to poor crop health and a record-low planted area, the United States will produce the smallest wheat volume since 1972. 2026 winter wheat output (67%...

BlackRock Private Credit Fund Cuts Asset Values By 5%, As Golub Gates After 8.5% Redemptions Just another day in private credit paradise... er, hell.  One day after Gundlach repeated his warning that the private credit crisis will end in tears for bagholders, Blackrock cut the value of its publicly-traded private credit fund by about 5%, as it - like most of its peers - struggled under the weight of troubled loans, markdowns and lower returns. BlackRock TCP Capital Corp., a publicly traded middle-market lending fund, said markdowns totaled $35 million in the quarter...

Congrats, Elizabeth Warren, On The Death Of Spirit Airlines Submitted by QTR's Fringe Finance Elizabeth Warren has built an entire political career on presenting herself as the righteous defender of ordinary Americans against powerful corporations. Every speech is some variation of the same script: she’s fighting for workers, fighting for consumers, fighting for families, and standing up to greedy executives and monopolistic corporations that are supposedly rigging the system against everyone else. It is a message carefully designed to make her sound like a populist champion of the middle class while putting...