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Oil Drops On Reports Of Iran-Oman Coordination To Reopen Hormuz Strait, While Exchange Of Strikes With US-Israel Intensify
Oil Drops On Reports Of Iran-Oman Coordination To Reopen Hormuz Strait, While Exchange Of Strikes With US-Israel Intensify
Summary
No mention of ceasefire while vowing to keep hitting Iran 'extremely hard' in Wed. night Trump speech. Escalating tit-for-tat overnight strikes. Oil drops on reports of Iran-Oman coordination to reopen strait.
US intelligence assessments say Iran is not ready to negotiate given it believes it has the strategic upper-hand, and doesn't believe Trump is 'serious' about talks: NYT
Highest bridge in Iran, connecting Tehran and Karaj, destroyed - amid reports of expanding attacks on civilian...
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Jun 25, 2026 / Tyler Durden
Xbox Hits Gamers With Price-Hike As Major Retailer Warns Console Shortage Looms Ahead Of GTA VI Launch
Xbox Hits Gamers With Price-Hike As Major Retailer Warns Console Shortage Looms Ahead Of GTA VI Launch
Two reports hit on Thursday that could upset gamers ahead of the release of Grand Theft Auto VI.
First, a major retailer warned that console shortages could emerge as demand for PlayStation 5 and Xbox Series X/S hardware collides with a memory chip shortage. Then The Verge reported that Xbox consoles are set for another price hike, adding another pain point for gamers months before one of the most anticipated video game releases in over a decade.
Video...
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Jul 27, 2026 / Ron Paul
A Free Society is an Educated Society
A survey of 2,253 Americans conducted by Morning Consult and the Cato Institute provides some good news but also raises serious concerns about the future. The good news is that the survey indicates 55 percent of Americans believe the Constitution should put firm limits on government power and 58 percent say no political party should […]
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Apr 22, 2026 / Tyler Durden
Trump's "Sock Puppet"
Trump's "Sock Puppet"
By Philip Marey of Rabobank
Summary
The confirmation hearing of Fed Chair nominee Kevin Warsh by the Senate Banking Committee was a very partisan affair.
In his prepared remarks, Warsh stressed that monetary policy independence is essential, but he does not believe that the operational independence of monetary policy is particularly threatened when elected officials state their views on interest rates. Warsh thinks the Fed must stay in its lane and avoid straying into fiscal and social policies.
Warsh was walking a tightrope between convincing the Senate Banking Committee that he...
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