Kuwait ‘mistakenly’ shoots down 3 US F-15s: Pentagon

Fuels (And Canada) Spark US Import/Export Price Surge In February As we have noted numerous times in the last week or two, inflation fears are back (or rather stagflation) as growth stagnates and prices re-accelerate...   This morning we get yet more confirmation of the second wave of inflation as US Import/Export prices blew expectations away... US Import prices jumped by 1.5% MoM (the third monthly rise in a row) - the biggest MoM jump since March 2022. The acceleration in prices pushed import costs up 1.3% YoY - highest since Feb 2025. Under the...

Jane Street Paid Employees $9.4 Billion, Twice What It Paid Last Year, After Record 2025 Results Jane Street Group has evolved from a niche trading shop into one of Wall Street’s most profitable firms and employees are reaping the rewards. The firm paid roughly $9.4 billion in compensation last year, more than twice what it distributed a year earlier, according to Bloomberg. On average, that translated to about $2.7 million per employee, far ahead of traditional banks like Goldman Sachs. The massive payouts followed a record year in which Jane Street...

A State Department official said on Tuesday that he wasn’t aware of any informal understanding between the US and Russia on maintaining the limits imposed by New START, the last nuclear arms control treaty between the two powers that expired earlier this month. New START limited the number of warheads each side can deploy to […]