Why China Might Have Pressed Iran To Compromise With The US

Dollar General Jumps On "Traffic-Led Momentum" As $4 Gas Accelerates Consumer Trade-Down Dollar General shares surged 6% in the cash session Thursday morning after stronger customer traffic fueled a second-quarter earnings beat and prompted the discount retailer to raise its full-year outlook. Jefferies analyst Corey Tarlowe wrote in a first take on earnings that "traffic-led momentum drives another beat." The discount retailer, with 21,000 stores nationwide, most of them located in low-income ZIP codes, reported second-quarter earnings of $2.48 per share, up from $1.86 a year earlier and well above the Bloomberg...

Oil & Stocks Mixed To Start Week As War Escalates & Gamma Unclenches Update (1845ET): After an initial kneejerk higher in oil and lower in stocks, things have settled a little with both hovering around unch... Brent is sliding a little from Friday's highs... Equity futs are back around unch... There's a long way til dawn... *  *  * Following a weekend where geopolitical headlines swung from "winding down" (Friday after the close) to threats, deadlines, and "obliteration" tit-for-tat talk suggesting no end in sight, it is perhaps no surprise that oil prices are up...

US-Backed SDF Leader Joins Sharaa Regime As Presidential Advisor After Kurdish Force Dissolved Via The Cradle Self-proclaimed Syrian President Ahmad al-Sharaa has appointed Kurdish leader Mazloum Abdi as a presidential advisor, following the dissolution of the Kurdish-led Syrian Democratic Forces (SDF) in an integration deal with Damascus earlier this week. "President Ahmad al-Sharaa issued Decree No. 164 of 2026 on Thursday, appointing Mustafa Khalil Abdi, known as Mazloum Abdi, as an advisor to the Presidency of the Republic," state media SANA reported on 27 August. Abdi headed the SDF, an offshoot of the Kurdistan Workers'...