France's Gig-Economy Built On Migrant Labor As 99% Of Surveyed Delivery-Riders Are Foreign-Born, Two-Thirds Are Illegal

Citadel Soars 6% In July Thanks To Situational Awareness Firesale Liquidation Some have speculated that one of the most proximal catalysts behind the collapse of Leopold Aschenbrenner's $45 billion and epically misnamed Situational Awareness hedge fund, besides his use of batshit insane Total Return Swap leverage that would make an average Korean momentum-chasing degen blush with envy, was Citadel's vocal warning early last week that the Fed would/should hike rates, a contrarian appeal which, while not taken seriously by any Fed watcher, may have spooked markets to the necessary and...

Fragile US-Iran Interim Peace Deal Tested As 3rd Ship Attack Reignites Hormuz Crisis Summary:  Three maritime incidents reported on Hormuz in last 24 hours  Another unidentified vessel hit by a Drone IRGC forces hit a Saudi Tanker  IRGC forces hit a Qatari LNG tanker IRGC forces hit a Qatari LNG tanker, a Saudi crude tanker, and an unidentified vessel in the Hormuz shipping channel in the last 24 hours. Earlier, we reported that a fully loaded Qatari LNG tanker was struck by a projectile near the Omani coast while exiting the Strait of Hormuz. Bloomberg later reported...

Breaking Down The $655 Million World Cup Prize Money The 2026 FIFA World Cup is awarding $655 million in performance prize money, making it the richest tournament in the competition’s history. Every stage of the tournament came with a larger financial reward, giving teams another incentive to advance as far as possible. Performance prize money has increased nearly 50% since 2022, when FIFA awarded $440 million. This Markets in a Minute graphic, created by Visual Capitalist's Julia Wnedling, in partnership with Terzo, breaks down how the $655 million performance prize pool is distributed across every stage of...