Top Israeli Official: Hamas Has 60 Days to Disarm

U.S. Gasoline Prices Hit Politically Sensitive $4 Level As Trump Eyes Iran War Off-Ramp The overnight Wall Street Journal report that President Trump told aides he is willing to wind down the U.S. military campaign against Iran even if the Strait of Hormuz remains disrupted (and appeared to confirm this narrative in a social media post this morning) comes just as the national average gasoline price hit the politically sensitive $4-a-gallon threshold, underscoring the delicate balancing act the administration is facing in managing battlefield objectives and domestic fuel costs. The latest...

Savings Rate Highest In 6 Months As Fed's Favorite Inflation Indicator Rises Near 2-Year High The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose o.4% MoM in January (in line with expectations) with YoY rising by 3.1% (as expected), slightly higher than the 3.0% in December... Source Bloomberg That is the highest YoY Core PCE since March 2024. The headline PCE rose 0.3% MoM (as expected) driving prices up 2.8% YoY (down from December's +2.9%...

US Intel Aided Mexican Special Forces In "El Mencho" Kill As Spillover Risks Rise The Sunday killing of Nemesio "El Mencho" Oseguera Cervantes, the leader of Jalisco New Generation Cartel (CJNG), by Mexican security forces unleashed coordinated cartel retaliation attacks, driving rapid instability across Guadalajara (Jalisco's capital) and spilling into high-traffic resort areas, including Puerto Vallarta. CNN reported that the US provided intelligence support to Mexican Army Special Forces, aided by aircraft and the National Guard's Immediate Reaction Force, during the operation to capture Oseguera. The operation, however, devolved into a...