Job Openings Drop But More Than Offset By Record Surge In Hiring

Iran's Covert Oil Trade Persists As Tankers Breach US Blockade By Tsvetana Paraskova of OilPrice.com Iran continues to export its oil out of the Persian Gulf via the Strait of Hormuz using dark mode on tankers to move past the US blockade outside the world’s most vital oil chokepoint. At least two Iran-flagged supertankers fully laden with an estimated about 4 million barrels of crude have exited the Gulf via the Strait of Hormuz and through the U.S. blockade, Bloomberg reports, citing satellite imagery analyzed by energy flows intelligence firm Vortexa. The two...

The AI Trade: Now With Less Circle And More Jerk Submitted by QTR's Fringe Finance As if markets didn’t already have enough to worry about heading into the weekend — an escalating conflict involving Iran, growing stress in private credit, and the ongoing annoyance of positive real interest rates — one of the “AI will solve everything, just add capex” deals that everyone in markets have been quietly laughing about while investing in for the past year has officially started to unravel. According to Bloomberg, Oracle Corporation and OpenAI have scrapped plans to expand...

John Fetterman Reveals Who's Really The Leader Of His Party Sen. John Fetterman (D-Pa.) sat down for an interview on the "All-In Podcast" this week and made a telling admission about the Democratic Party. When co-host David Friedberg asked Fetterman point-blank, "Who do you think leads the Democratic Party today?" the Pennsylvania senator didn't flinch. "Oh, we don't have one," he said. "I think the TDS, that's the leader right now. You know, right now our party is governed by the TDS.” Fetterman then described what that governance actually looks like in...