Mamdani's First 100 Days Aren't Getting High Marks From Voters

Key Events This Week: PMIs, Productivity And Consumer Sentiment As has become customary for Monday, we have seen a dramatic surge in risk assets (3rd Monday in a row) on what at least superficially appears to be de-escalation after Trump announced strikes against Iran's power plant would be delayed by 5 days as a result of talks with Iran, talks which at least Iran's domestic news sources have so far denied. And the market lurches from headline to headline, it feels somewhat trivial to focus on the week ahead data calendar,...

Is Anthropic Coming For eBay? Late Friday afternoon, as most people were checking out for the weekend after nearly two months of U.S.-Iran war fatigue, Anthropic quietly released a note titled "Project Deal." The company built a closed marketplace where AI agents negotiated prices, struck deals, and completed real transactions with money changing hands. "We created a marketplace for employees in our San Francisco office, with one big twist. We tasked Claude with buying, selling and negotiating on our colleagues' behalf," Anthropic wrote on X. New Anthropic research: Project Deal. We created...

Russia Bans Jet Fuel Exports As Ukrainian Attacks Cripple Refining Russia is banning exports of jet fuel through November 30, 2026, as it seeks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure, OilPrice.com reported. Russia on Monday announced it is temporarily banning jet fuel exports until the end of November to keep sufficient domestic aviation fuel supplies. Supplies under intergovernmental agreements are exempted from the ban, the Russian government said today. The decision comes after drone strikes on refineries pushed Russia’s crude-processing rate to the lowest...