Top US Catholic Bishop Says Trump’s Threat To Destroy an Entire Civilization ‘Cannot Be Morally Justified’

President Donald Trump is considering sending US troops to Kharg Island to seize Iranian oil assets.  According to officials speaking with Axios, the President is considering ordering US troops to seize the Iranian oil assets on the island. Kharg Island is about 15 miles off the coast of Iran, and is home to the seaport […]

Apollo Picks Austin Over New York As Wall Street's Migration South Continues It's not just Citadel that's moving out of New York. Apollo Global Management has chosen Austin, Texas, as its second headquarters, according to sources familiar with the decision. The firm, which manages about $1 trillion in assets, evaluated Austin, Miami, Palm Beach, and Nashville before CEO Marc Rowan selected Austin, according to Financial Times. The new office is expected to host most future hiring as Apollo expands beyond its longtime New York base. While the decision has been communicated internally,...

Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump After two consecutive outsized jumps in consumer credit in the months of March and April, when gas prices surged and inflation resumed its track higher, lifting most prices as a result of the war in Iran, moments ago the Fed published its latest consumer credit (G.19) report for the month of May and it was a doozy: instead of the expected $17.5BN increase, in May total consumer credit unexpectedly shrank for the first time since...