US Fighter Jet Downed In Iran, Large Aerial Search Underway For Crew

Vance Suggests Iran Conflict Could Drag Through Midterms, But At Least We're Not Calling It A War The White House has returned to its prior talking point that the war against Iran shouldn't be called a war. In earlier stages of the conflict President Trump had applied various monikers that stopped far short, from an "excursion" to a "little detour" to a "stopover" to a mere limited "military operation". A full five months ago he had proclaimed, "We had to take a little detour. Won’t be long." Various phrases like this have been repeated on...

Deja Vu All Over Again: Futures Surge, Oil Tumbles On Iran Deal Optimism, Tech Rally US equity futures are up big this morning and making fresh all time highs, led by tech companies, while oil prices and bond yields fell sharply on optimism that the US and Iran are nearing a peace deal. As of 8:00am Nasdaq 100 futures jumped 1.7% while those for the S&P 500 gained 1%, with both gauges set to build on record highs. Iran is evaluating a new proposal from the US to end their near 10-week war, according to an Axios...

Steve Cohen Tops Hedge Fund Rich List With $3.4 Billion Haul Steve Cohen spent last fall doing something few billionaire owners enjoy: apologizing. As the New York Mets staggered through a bruising 2025 campaign, he took to social media to tell fans he was sorry for the disappointment at Citi Field. Yet even as the baseball season fizzled, Cohen was clinching a very different kind of pennant, according to Bloomberg. The founder of Point72 Asset Management finished the year as the highest-paid hedge fund manager on Bloomberg’s annual ranking, pocketing an...