Hillary Clinton Breaks With Party Line, Admits Mass Migration Is "Disruptive & Destabilizing"

WTI Holds Gains Despite Biggest SPR Drawdown In 45 Year History, Production Jumped Oil prices are higher this morning (extending its 8%-plus surge of the last three days) as Middle East tensions simmer and global stockpiles shrink at a record pace. WTI topped $103 and Brent crude traded near $108 a barrel, erasing its retreat earlier on Wednesday, after the IEA said global observed oil inventories declined at a rate of about 4 million barrels a day in March and April. Saudi Arabia told OPEC that its output sank to the lowest level since...

BlackRock Says Crypto Can Outrun The Quantum Threat... If It Moves Fast Enough Authored by Mathew Di Salvo via BitcoinMagazine.com, BlackRock, the world’s biggest asset manager, has chimed in on the crypto-quantum debate - and is surprisingly optimistic. The firm, which manages over $15 trillion in assets, said in its new report, Quantum Computing and Blockchains, that upgrading existing cryptography to quantum-resistant standards is a far easier task than actually building a functional quantum computer capable of breaking that cryptography.  “In our view, PQ migration for cryptocurrencies is eminently addressable from a technical standpoint, and...

Trump Fires Pam Bondi As Attorney General, Blanche To Be Acting AG Update (1315ET): President Donald Trump has ousted Attorney General Pam Bondi, multiple outlets report. Deputy Attorney General Todd Blanche is serving as acting AG in the interim. The move comes amid White House frustration with Bondi’s leadership at the Justice Department -  particularly her handling of the Jeffrey Epstein files and what Trump viewed as insufficient aggression in targeting his political opponents. Trump had privately discussed firing her and floated EPA Administrator Lee Zeldin (or Blanche) as a possible replacement. Bondi...