US Asian Ally Rejects Pentagon Request To Land Fighter Jets: More To Come?

Watch Live: President Trump Addresses The Nation About Iran There has been a lot of conjecture as to what President Trump will say this evening as he addresses the nation (due to begin at 2100ET) amid mixed signals from the administration (mainly Trump appearing to argue with himself), European allies distancing themselves from the conflict (sparking Trump rage at NATO), and concerns about escalation or a prolonged quagmire (did Pezeshkian really sound like he is ready for a ceasefire). Oil has been selling off heading into Trump’s address, with traders looking...

"All Systems Go": Goldman Sees Improvement As Boeing Turnaround Gains Momo Boeing shares jumped as much as 5% after the company posted a smaller-than-expected first-quarter cash burn and delivered the most aircraft since 2019 (outdelivered Airbus for the first time in years), reinforcing the view that the turnaround is beginning to lift off. The CEO's earlier comment was "all systems go," while Goldman's initial read on the quarter pointed to "improvements." First-quarter earnings results show Boeing is gaining traction and is set to ramp up 737 production, a key step toward...

"Critical Inflection Point" Reached As USA Rare Earth Expands With $2.8 Billion Serra Verde Buyout USA Rare Earth Inc. is acquiring Brazil’s Serra Verde Group in a roughly $2.8 billion cash-and-stock deal, part of a broader push by the U.S. and its allies to secure independent supplies of critical minerals, according to CNBC and Bloomberg.  The agreement includes $300 million in cash and a large share issuance, with the transaction expected to close in the third quarter. The deal comes amid rising concern over China’s dominance in rare earths—a group of 17...