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Oil Up, Stocks Down As War Rhetoric Rises, Deadlines Loom
Oil Up, Stocks Down As War Rhetoric Rises, Deadlines Loom
After a long weekend of kinetic and verbal escalation (and a strong payrolls print), and with President Trump reminded Iran that his deadline for a deal looms, it is no surprise that oil prices are higher in early trading...
WTI topped $115...
Near post-war highs...
And despite the recent hope-filled decoupling of oil and stocks...
...S&P futures also weak, down around 0.7% in the early trading...
Treasury futures and gold are lower with USD/JPY near 159.70.
While the Iran conflict has established an ongoing state of caution...
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May 18, 2026 / Tyler Durden
"Please Work Remote": NYC Braces For Commuter Chaos With Ongoing LIRR Strike
"Please Work Remote": NYC Braces For Commuter Chaos With Ongoing LIRR Strike
Welcome to day three of the Long Island Rail Road strike, which is set to cause commuter chaos this morning in the New York City area, as more than 3,500 workers across five unions walked off the job Saturday after contract talks with the MTA collapsed.
Negotiations between the MTA and unions resumed Sunday and are set to continue Monday morning.
LIRR service remains suspended due to the strike. Please work from home if you can. If you must...
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Aug 2, 2026 / Tyler Durden
9/11 Families Don't Want Mamdani Participating In Memorial Ceremony
9/11 Families Don't Want Mamdani Participating In Memorial Ceremony
Twenty-five years after the September 11 attacks, a coalition of victims' families don’t want New York City Mayor Zohran Mamdani anywhere near the ceremony marking the anniversary at Ground Zero.
A Change.org petition urging Mamdani to stay away from the September 11 memorial has collected more than 66,000 signatures in under three weeks and organizers say the mayor's own history of rhetoric and associations makes his presence at the site an insult to the dead.
“This anniversary is one of remembrance grounded in...
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Jul 12, 2026 / Tyler Durden
Ukrainian Expert Dismisses Trump Pledge On Patriot Missile License As Empty PR
Ukrainian Expert Dismisses Trump Pledge On Patriot Missile License As Empty PR
President Trump's declaration from the NATO summit in Turkey this week saying that he'll give Ukraine a license to produce Patriot defense systems has been met with a lot of skepticism, both among Ukrainians and internationally.
"We’ll give them the right to make Patriots. We’ll show them how to do it," Trump had said. "I think they can produce them pretty quickly."
via Associated Press
Zelensky seized on the opening, telling reports on Thursday, "America has recognized Ukraine as a country...
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