Fed Independence Is Sacred... Or So We've Been Told

Iran Hails Deadly Cluster Bomb Attack On Central Israel: 'First Wave Under New Ayatollah' Since the start of Operation Epic Fury against Iran, Israel has suffered some rare mass casualty events and major destruction of sectors of its cities, especially in Tel Aviv. The official death toll stands at eleven civilians killed, and dozens wounded and injured; while Israel's military just suffered two troop deaths in southern Lebanon. The most devastating single incident was when nine people were killed in an Iranian missile strike on Beit Shemesh near Jerusalem on March 1,...

Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag" Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market. The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market....

Here's All The Key Figures Who Have Resigned Over The Epstein Files...So Far We are starting to finally see the beginning of a series of high-profile resignations following the Justice Department’s latest release of millions of pages tied to convicted sex offender Jeffrey Epstein. The documents—emails, financial records, and photographs—name figures from politics, finance, diplomacy, academia, and the arts. Although inclusion in the files is not evidence of wrongdoing, the renewed scrutiny has prompted several prominent leaders to step down, as was documented by Time yesterday.  As we've covered individually, those who...