U.S. Gasoline Tops $4.50 As "Shock & Awe" Level Approaches

US-Israeli sites continue to pound civilian targets in Iran, hitting an orphanage, a cancer drug facility, a religious site, and more residential buildings in recent days. CNN reported, citing Iran’s semi-official Fars News Agency, that a US or Israeli strike on Monday hit a newly built orphan charity complex in the city of Fardis, about […]

Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened In retrospect, if only Cantor Fitzgerald was called PolyCantor, none of this would have happened. Ever since September, the upstart online betting marketplace PolyMarket has been offering traders the opportunity to make money by betting whether the US Supreme Court would rule in favor or against Trump's tariffs, with millions of bets placed for either outcome (of course, we learned the outcome at 10am ET on Friday, when a 6-3 majority - including two Justices selected by Trump - voted against the...

US Drains Half Its Patriot Arsenal During Iran War, New Military Study Finds The seven-week Iran war, currently on pause due to an extended ceasefire, has raised alarm in Washington over the question of how fast the US has burned through its missile interceptor stockpile. The two-week ceasefire, having just been extended, provided an opportunity for both sides to restock and regroup. A fresh analysis from the Washington-based Center for Strategic and International Studies (CSIS) finds the US military tore through nearly half its Patriot interceptor inventory while heavily draining multiple...