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UBS Warns Drought Shock Unfolding Across Breadbasket Of America
UBS Warns Drought Shock Unfolding Across Breadbasket Of America
It's not just us sounding the alarm about severe drought conditions hitting America's breadbasket as spring plantings ramp up, or warning about the second- and third-order effects that could push food prices higher later this year.
UBS analysts, led by Jonathan Pingle, told clients on Thursday morning that drought conditions across the US agricultural belt rank among the worst in more than 130 years:
The National Oceanic and Atmospheric Administration's Palmer Drought Severity Index hit its highest level for March since records started...
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Apr 1, 2026 / Tyler Durden
Watch Live: President Trump Addresses The Nation About Iran
Watch Live: President Trump Addresses The Nation About Iran
There has been a lot of conjecture as to what President Trump will say this evening as he addresses the nation (due to begin at 2100ET) amid mixed signals from the administration (mainly Trump appearing to argue with himself), European allies distancing themselves from the conflict (sparking Trump rage at NATO), and concerns about escalation or a prolonged quagmire (did Pezeshkian really sound like he is ready for a ceasefire).
Oil has been selling off heading into Trump’s address, with traders looking...
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Mar 24, 2026 / Tyler Durden
Nvidia CEO: "I Think We've Achieved AGI"
Nvidia CEO: "I Think We've Achieved AGI"
Nvidia CEO Jensen Huang joined podcaster Lex Fridman for a 2-plus-hour conversation on the future of AI infrastructure, covering everything from chips, racks, and cooling systems to Nvidia's broader strategy for the next computing era.
Jensen spoke about how computers are evolving from retrieval machines into generative AI factories. The discussion also turned to one of the biggest questions in the AI cycle: whether AGI has already arrived.
Near the two-hour mark of the conversation, Fridman asked Jensen about the "AGI timeline" and whether it...
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Apr 21, 2026 / Dave DeCamp
Report: US Increasing the Pressure on Iraq to Reduce Ties With Iran
The US is taking steps to ramp up the pressure on Iraq to reduce its ties with Iran and rein in Iran-aligned militias in the country after the escalations in the country amid the US-Israeli bombing campaign against Iran, The New York Times reported on Tuesday. Iraqi officials told the paper that in its latest […]
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