Wall Street Bonus Pool Hits Record Despite "Domestic And International Upheavals"

SK Chairman Warns Global Memory Crunch May Last Until 2030 SK Group Chairman Chey Tae-won warned that the global high-bandwidth memory crunch, driven by AI data center buildouts, will last until the end of the decade. Chey told reporters on the sidelines of Nvidia's annual developer conference, 'GTC 2026,' at the San Jose Convention Center in California on Monday that the memory chip shortage could last another four to five years, with supply unlikely to catch up to demand until 2030. He explained, "The supply shortage problem stems from a wafer shortage,...

New Ayatollah's First Message: Hormuz Strait Stays Closed, Warns 'More Fronts' Could Open Summary: Bloomberg: Trump admin set to temporarily suspend Jones Act shipping rules to help cool rising oil prices. Ayatollah Mojtaba in first public message says the closure of the Strait of Hormuz should be continued as a tool to pressure the enemy Mojtaba vows to keep attacking US bases, and signals 'new fronts' could soon open President Trump simultaneously says the US is stopping Iran "from having Nuclear weapons" and "destroying" the Middle East and "the World". Shipping turmoil escalates as multiple vessels...

Rep. Ro Khanna (D-CA) said on Wednesday that he will force a vote on a War Powers Resolution meant to prevent President Trump from attacking Iran without congressional authorization, as required by the Constitution. The resolution was introduced by Rep. Thomas Massie (R-KY), Khanna, and several other Democrats back in June 2025 amid the 12-day […]