Psychedelic Stocks Soar After Trump Order; RBC Says Commercialization Path Could Accelerate

Americans' Savings-Rate Slumps In April As Fed's Favorite Inflation Signal Soars After accelerating significantly in March, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.2% MoM in April (less than expected +0.3% MoM), but pulled up the YoY measure to +3.3% (as expected) - its highest since Nov 2023. The rise in Services costs (headlined by Housing & Utilities, Financial Services, and Healthcare) dominated the increase in Core PCE YoY... The headline PCE...

Australia's Qantas To Cut Domestic Flights Amid Fuel Price Surge Authored by Monica O'Shea via The Epoch Times (emphasis ours), Australia’s flag carrier Qantas will cut domestic flights and redeploy capacity from the United States towards Europe as fuel prices double. Qantas Airways ground staff are seen on the tarmac near planes at the domestic terminal of Sydney International Airport in Sydney, Australia on Jan. 14, 2026. David Gray/ AFP via Getty Images Qantas revealed fuel costs remained turbulent amid the Iran War in an update on its 2026 financial outlook, which noted...

Watch Live: Rubio, Bessent Convene 65 Nations For Global Crackdown On "Far-Left Political Terrorism" Secretary of State Marco Rubio will host delegations from 65 countries in Washington on Thursday morning to coordinate a specialized international response to combat what the Trump administration describes as a "resurgence" of far-left political terrorism. Watch Live here (due to start at 0910ET): CNN cited a senior State Department official who said the delegations will come from "across the Western Hemisphere, Asia, Europe, and beyond." The meeting will focus on countering the spread of far-left political violence...