Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains

South Korea Has Several Market Rescue Options As Crash Crushes 700,000 Retailer Traders South Korean market authorities are weighing a more aggressive plan to stabilize the Kospi after July's record selloff sent the main equity index slicing through its 50-, 100- and 200-day moving averages like butter. At the center of the meltdown is retail participation in leveraged ETFs tied to Samsung Electronics and SK Hynix, which amplified the selloff and inflicted crushing losses on Korean households. Korean trader had a $5 million stock portfolio ALL IN Samsung and Hynix. It ended very...

Trump To Address Nation With 'Important Update' On Iran War: What Will He Say? Update (0845ET): Minutes after we prepared this post, President Trump posted on his social media feed that Iran has asked for a ceasefire: "Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE!" Trump added that he will consider it if the Strait is opened... or else! "We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran...

Fetterman Condemns Socialism In Surprise Video Message To GOP Convention Pennsylvania's Democratic senator made a surprise video appearance in Dallas on Wednesday night in front of a sea of Republicans at the GOP midterm convention. In a short video message, Sen. John Fetterman (D-Pa.) condemned the rise of socialist politicians in the United States and welcomed his Republican counterpart, Sen. Dave McCormick, as the next speaker for the event. "Yes, I'm a Democrat. Why am I here talking to you today? Because, well, I'm a common sense Democrat," he told the crowd....