US Offers Up To $3 Million Bounty For Information On Finances Of Haitian Gangs

Huge Fire Along Saudi 'Hormuz Bypass' East-West Oil Pipeline After Alleged Houthi Strikes Update(1815ET): While unconfirmed, this would mark a huge escalation of the Houthi entry into what's been creeping all summer into a regional war: Yemen's armed forces targeted Saudi Arabia's East-West oil pipeline; satellite data shows fires at six points along the route that transports crude oil from the Persian Gulf to the Red Sea. (IRIB News) Reports earlier in the day revealed Houthi attacks on southern areas of the kingdom, but made no mention of the Iran-aligned group targeting...

MSFT Spikes After Leaving CapEx Outlook Unchanged Update (1800ET): As this evening's conference call went on, we finally got to the meat of the matter as Microsoft kept its CapEx forecast unchanged on Wednesday, ...becoming one of the first hyperscalers to hold the line on the market's insatiable AI spending spree. Against expectations to spend $190 billion on capital expenditures this calendar year, Microsoft tonight maintained this spending outlook (due to an accounting change, this CapEx guidance is now $175 billion, but, in reality, Microsoft is keeping its AI capex plan the same...

ADP Reports US Economy Added The Most Jobs In 16 Months In May Following a shockingly strong JOLTS report, ADP just reported a stronger than expected rise in jobs added in May. ADP says 122k jobs were added in May - better than the 120k expected - and the biggest monthly addition since January 2025 Source: Bloomberg "Hiring was more broad-based in May than we've seen in the last few years," said Dr. Nela Richardson, Chief Economist, ADP. "The labor market continues to show sustained momentum going into the summer hiring season." Small businesses added...