Russia and Ukraine Declare Ceasefires That Will Begin on Different Days

Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades The Bank of Canada said the global financial system has functioned (surprisingly) well through recent global shocks, but underscored the risk of a sharp asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets. The central bank’s 2026 financial stability report released Thursday noted financial asset valuations have continued to rise, while the stock market is increasingly concentrated in a handful of large tech companies that are...

NatGas, Nuclear, Coal Keep Nation's Largest Grid From Buckling Under Heat Dome Summary: NatGas, Nuclear, Coal Power Generation Keep PJM Alive  First Day of Heat Dome Across Mid-Atlantic; Last Through Weekend  "Set Your AC To 78F": NYC Socialist Pleads With Residents As Fragile Grid Faces Blackout Risk GridStatus' website shows the PJM Interconnection under severe peak-demand stress as heat-driven cooling loads surge across the Mid-Atlantic and eastern U.S. PJM load is near 158 GW, net load is around 142 GW, and real-time power prices are sharply rising to about $929/MWh. The fuel-mix chart shows the...

Intercepted Iranian Missile Damages U.S. Reaper Drones, Injures Five At Kuwaiti Air Base An Iranian Fateh-110 short-range ballistic missile targeted Kuwait's Ali Al Salem Air Base, a key operational hub for the U.S. Air Force's expeditionary forces in the Gulf region. An initial report from Bloomberg News indicates that Kuwaiti air defenses intercepted the tactical ballistic missile in the last 24 hours, but falling debris struck part of the base, injuring five Americans and damaging one MQ-9 Reaper drone while severely damaging another. About five people, including both contractors and active...