Report: US Preparing for Sustained, Weeks-Long War Against Iran If Trump Orders Attack

Charts Show Middle East Shockwave Rippling Through Energy, Air Travel, And Freight Networks The Middle East conflict has triggered what the International Energy Agency earlier described as the largest oil supply disruption in global oil market history, as Iran continues to strike energy infrastructure across the Gulf. Against that deteriorating backdrop, Goldman analysts laid out how the shock is rippling through the global economy, disrupting oil flows, air travel, and freight markets. Analysts led by Patrick Creuset said oil and transport markets have taken the hardest hit from the near-freeze in...

Another Manic Monday Coming Submtted By Peter Tchir of Academy Securities I expect that we will see a lot of “green dots” on the Bloomberg Terminal Sunday night, as there was almost no asset (other than energy) up on Friday. I do know that my Monday will start bright and early, at 5am on CNBC. Away from that everything is a bit up in the air. There are headlines that can push us in either direction. Some developments that seem good, some that seem bad, some that seem weird, and some that...

Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027 Authored by Sylvia Xu via The Epoch Times, Texas is expected to pay $708 million more by 2027 to the federal government in penalties for erroneous distributions from the Supplemental Nutrition Assistance Program (SNAP). The state officials released the cost in a presentation to the Senate Committee on Health and Human Services on April 8. The state payment error rate was estimated to be nearly 9 percent in fiscal year 2025, totaling $627 million in erroneous payments. Under the One Big...