Volkswagen May Convert German Auto Plant Into Iron Dome War Factory

Escalation On All Fronts As Iran Says Never Requested US Energy Strike Pause; Israel Goes After Industrial Targets Summary No pause from Tehran, war footing deepens: Iran denies requesting Donald Trump’s 10-day halt; Israel attacks steel & industrial sites. Escalation on all fronts: IRGC HQ targeted by US-Israsel; Iran signals expansion by naming UAE targets, hitting Kuwait ports and sending drones on Riyadh Israel doubles down amid reports of manpower strain: IDF chief warns of manpower pressure even as Defense Minister Katz vows to "intensify and expand" strikes. Risk rises that Iran is holding...

Charts Show Middle East Shockwave Rippling Through Energy, Air Travel, And Freight Networks The Middle East conflict has triggered what the International Energy Agency earlier described as the largest oil supply disruption in global oil market history, as Iran continues to strike energy infrastructure across the Gulf. Against that deteriorating backdrop, Goldman analysts laid out how the shock is rippling through the global economy, disrupting oil flows, air travel, and freight markets. Analysts led by Patrick Creuset said oil and transport markets have taken the hardest hit from the near-freeze in...

Wall Street Reacts To "Neutral" Fed Hold The digital ink on  the Fed statement is still wet and the kneejerk reactions are already flying. Here is a small sample of the more notable ones, with opinions ranging from this was a dovish, neutral and hawkish statement. So right in the middle, perhaps as Powell intended: George Goncalves, MUFG: "this is a “neutral” statement from the FOMC.The statement tweaks are an attempt at trying to avoid sending any signals while conveying they are on guard for any growth shocks and inflation spillover...