Trump Reminds Iran "48 Hours Before All Hell Will Reign Down" As Search For Missing US Pilot Continues

The Israeli Ambassador to the US asserted that the Lebanese Army was sidelining members of the military who are unwilling to fight Hezbollah in preparation for conflict with the group. He added that Tel Aviv is pushing Washington to provide more military aid to Israel.  “So you had elements within the [Lebanese Armed Forces] itself […]

Yields Spike As Producer Prices Explode Higher In April After yesterday's hotter than expected CPI (driven in large part by Energy, but seeing some contagion into Services costs), this morning's Producer Price print for April was expected to show a major surge in annual wholesale inflation. With the eight straight monthly increase, PPI rose by a massive 1.4% MoM (vs +0.5% MoM exp) - the biggest MoM jump since March 2022, lifting PPI by a stunning 6.0% YoY (vs 4.8% YoY exp). That is the hottest PPI YoY since Dec 2022... Source:...

John Bolton Pleads Guilty To Retaining National Security Information John Bolton, former national security adviser to President Donald Trump, pleaded guilty on Friday to one count of retaining national security information related to his work during the first Trump administration.  Bolton appeared Friday morning for a re-arraignment in Greenbelt, Maryland before Obama-appointed judge Theodore D. Chuang. He faces a prison sentence of up to 60 months and has agreed to pay $2.25 million, according to prosecutors. Sentencing is scheduled for Oct. 28.  Bolton was originally charged in October of 2025 with eight counts of transmission...