Twin Suicide Attacks Rock Algerian City Near Where Pope Is Visiting

"The Kevin Warsh Era Has Arrived With A Bang": Wall Street Reacts To Warsh's First FOMC Below is a snapshot of several kneejerk reactions from some Wall street economists, strategists and traders: Anna Wong, head economist at Bloomberg: “The Kevin Warsh era has arrived with a bang – in the form of a dramatically shortened FOMC policy statement and a dot plot that didn’t contain any dot from the chairman himself. That marks a break from the eras of former chairs Jerome Powell, Janet Yellen, and Ben Bernanke. But the rest of the committee...

Trump Says Spirit Airlines Rescue Still In Review, Final Proposal Coming Summary:  Trump says Spirit received the final proposal for the lifeline deal  WSJ reported that bankrupt Spirit Airlines was preparing to shutter operations  President Trump comments on Spirit Airlines: TRUMP: GAVE SPIRIT FINAL PROPOSAL TRUMP SAYS US STILL LOOKING AT SPIRIT, WILL GIVE FINAL PROPOSAL TRUMP SAYS TRYING TO HELP SPIRIT, CITING JOBS  TRUMP SAYS WILL HAVE SOMETHING ON SPIRIT TODAY OR TOMORROW  WSJ Reports Spirit Airlines Prepares To Shutter Operations  The Wall Street Journal reports that bankrupt Spirit Airlines is preparing to wind down operations after failing to...

U.S. Fertilizer Prices Erase War Spike, But El Nino Keeps Food Inflation Risk Elevated The good news for US farmers is that urea fertilizer prices have returned to pre-US-Iran conflict levels after spiking from late February through mid-April. This is great news for farmers, though they are not out of the woods, as drought continues to plague some of the nation’s top agricultural belts. Prices for granular urea in New Orleans have slumped 36% since peaking at $710 per short ton in mid-April. Spot prices are currently $453, back to pre-conflict...