Joby Kicks Off Weeklong Campaign After Successful JFK–Manhattan Test Flights

Israeli Minister of National Security Itamar Ben Gvir said on Wednesday that Israel cannot stop destroying homes in southern Lebanon despite the US-Iran Memorandum of Understanding that calls for an end to Israel’s war in the country. “Israel cannot stop the demolition of houses in southern Lebanon. We simply cannot stop, that’s all,” Ben Gvir […]

Short-Covering Rally... Or Something More? Authored by Lance Roberts via RealInvestmentAdvice.com, ▶ WEEK CLOSE:  S&P 500 7,126.06 (+1.2%)  |  Nasdaq 13-Day Win Streak (longest since 1992)  |  Russell 2000 New ATH  |  Brent Crude -9.1%  |  VIX 17.42 What began as a short-covering rally on April 7th has spent the last two weeks proving the bears wrong. Friday’s close at 7,126, the first finish above 7,100 in the index’s history, up 13.1% from the March lows, arrived alongside one of the most consequential single-session catalysts of the year. Iran declared the Strait...

Fire Erupts At Major Australian Refinery, Amplifying Fuel Shock As "Green" Killed Refining Buffer Australia's failed "green" domestic energy policies had already sparked a fuel-supply shock shortly after the U.S.-Iran conflict disrupted tankers at the Hormuz chokepoint. Now, a fire has broken out at the larger of Australia's two remaining oil refineries, adding even more fuel supply woes.  Victoria state fire authorities said the blaze erupted at Viva Energy's 120,000-barrel-per-day Geelong refinery, one of only two operating oil refineries left in Australia. The refinery accounts for roughly...