Billionaire Tim Draper: You Should Be Scared If You Don't Own Bitcoin

Stock Rally Pauses As Attention Turns To Warsh's First FOMC US futures are flat, pausing after a three-day rally with investors shifting their focus to this week's FOMC meeting, Kevin Warsh's first, which begins today. As of 8:00am ET, S&P futures are up 0.1% after surging 2% on Monday; and Nasdaq futures gain 0.3%, as SpaceX continued to surge, rising 11% overnight and on track for a more than 50% jump since going public, and briefly surpassing Microsoft's market value in afterhours trading. Pre-market, most of the Mag 7 names are lower; TSLA (-1.7%)...

Somali Piracy Was Under Control, Then Came The Iran War... Authored by Khaled Mahmoud via Responsible Statecraft, From the start, the U.S.-Israeli war on Iran has been a story of unintended consequences. Contrary to President Donald Trump's hopes for a quick victory, the conflict has morphed into a sustained crisis, one that has driven up oil prices, driven down tourism in the Middle East, and reshaped the region's geopolitical map. Somali pirates on captured MV Faina off the coast of Somalia in 2008. (U.S. Navy photo by Mass communication Specialist 2nd Class...

Alarming Supply-Chain Stress Sends Transport Cost Soaring, Fueling Inflation Fears Nearly three weeks ago, UBS analyst Pierre Lafourcade reactivated his desk's supply-chain watch coverage after stress across global supply chains was "rising at its fastest pace since the early pandemic." That warning is now increasingly getting louder by the week, with ongoing disruptions around the Hormuz chokepoint and the resulting energy supply shock, pushing up input, freight, and other logistics costs across the global economy. Weeks after Lafourcade's warning, which can be read here, the May 2026 Logistics Managers' Index Report...