Rudy Giuliani Hospitalized In Critical Condition

Jefferies Identifies High-Quality Energy And Materials Stocks As Cyclical Rotation Accelerates Jefferies analyst Lloyd Byrne wrote in a note on Monday that surging refined-product margins, stronger gas-fired power demand, and improving earnings estimates are providing clear tailwinds for energy stocks, even as valuations and technicals appear stretched. Byrne showed that the clearest source of strength in the energy market is refining. The six-month New York Harbor diesel-to-crude spread topped $100 (HOCL1 Index on Bloomberg) and has moved in close tandem with the Energy Select Sector SPDR Fund (XLE). Included in the "10...

US Allows Venezuela To Fund Maduro's Defense After Court Challenge Authored by Tom Gantert via The Epoch Times, The United States will ease sanctions on Venezuela to allow its regime to pay legal fees for former Venezuelan leader Nicolás Maduro in a U.S. drug trafficking case, according to a court filing in the U.S. District Court for the Southern District of New York. The April 24 filing states that the U.S. Treasury Department authorized an exception to existing sanctions, permitting funds to be used for Maduro’s legal defense. Maduro is awaiting trial on...

"The National Security Premium": US Plan To Counter China In Critical Miners Could Drive Up Global Prices The US is pressing its allies to rethink how they source essential minerals, urging them to accept higher prices if it means reducing reliance on China, which currently dominates much of the global supply, according to a new report from Financial Times. According to US Trade Representative Jamieson Greer, countries working with Washington should expect to pay extra for materials obtained through a proposed network of trusted partners. He framed this added cost as...