Will AI Trigger The Next Great Depression?

Washington and Moscow both enthusiastically celebrated the victory of the Allied “Grand Alliance” over the fascist powers at the end of World War II.  Since then, however, the two capitals have typically been on opposite sides of numerous nasty geostrategic struggles around the world.  They also have relished opportunities to work with foreign countries and […]

Futures Rise, Oil Drops On Report Of Ceasefire Push US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of 8:00am ET S&P 500 futures added 0.1% in light trading after the Easter holiday, reversing an earlier loss of as much as 0.8%, but also off session highs. Nasdaq futures tose 0.4% with all Mag...

Midwest Braces For Diesel Crisis After Exxon's Joliet Refinery Suffers Disruption A major refinery in the US Midwest went offline this week after a power outage, adding to global refining disruptions as US diesel prices reach record highs. One of the largest diesel refineries in the Midwest is offline pic.twitter.com/JSwuHrNfBw — zerohedge (@zerohedge) September 18, 2026 A prolonged shutdown would tighten regional fuel availability and risk further price increases across Illinois, Indiana, Ohio, Wisconsin, and Michigan.  "There's an additional likelihood of further price increases in the Great Lakes. Gas: OH is at *high* risk...