US Says 'No Ships Made It Past Blockade' As Iran Mulls Hormuz Shipping Pause To Preserve Talks, Which Trump Says Could Happen In Two Days

Eyal Zamir, the chief of staff of the Israeli military, visited IDF-occupied Gaza on Wednesday and vowed that Israeli troops would continue “operating proactively” as Israeli shelling and gunfire were reported across the Strip. “We have significantly weakened [Hamas] and changed the security reality,” Zamir said, according to The Times of Israel. “The IDF will […]

JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power JPMorgan CEO Jamie Dimon began his annual shareholder letter on Monday by tying the bank's legacy to the nation's history: "In 2026, America is celebrating its 250th anniversary. This year, we are also celebrating the 227th anniversary of JPMorgan Chase, which was founded in April 1799." Quick Summary  Dimon used his annual letter to tout another year of record financial results, while warning that investors may be underestimating the risks building across the global economy. These risks include...

'Chexit': Global Asset Managers Are Fleeing China Authored by Anders Corr via The Epoch Times, Fidelity International (FIL) is reportedly the latest fund manager to plan a pullout from its China fund. FIL launched a wholly-owned subsidiary in Shanghai three years ago, but a lack of demand from retail investors led to disappointing growth. Reuters first reported the story. According to its sources, "A combination of fierce local competition, frequent leadership turnover and chronic struggles to build scale ultimately convinced global FIL executives that the China retail venture was untenable." FIL has $1.18...