FBI Offers $200,000 Reward To Catch Former US Air Force Specialist In Iran Spying Case

One of the great foreign policy disappointments of Donald Trump’s first term was the failure to advance his initial promising initiative to begin normalizing relations with the Democratic People’s Republic of Korea (DPRK).  Trump had abandoned the threats and bluster toward Pyongyang that marked his early months in office.  Instead, he moved to open a […]

No Takers, Nor Tankers By Molly Schwartz, cross-asset macro strategist at Rabobank Daily crossings through the Strait of Hormuz increased substantially after the US and Iran announced a “peace” agreement in mid-June. However, those numbers have started to dwindle as the ceasefire—peacefire, shmeasefire—appears increasingly shaky. According to Bloomberg, the Joint Maritime Information Center said that traffic through the Strait remains at “reduced levels,” (around 24% of pre-war transit) even though US-assisted vessel transits have been largely uninhibited. Reuters reports that “some war insurers advise shipowners to pause Hormuz voyages after attacks,” adding...

"Going To Rock A Lot Of Things": Pentair Crashes After Guidance Cut And CFO Exit As Pool Boom Fades Pentair shares crashed in early U.S. cash trading after the swimming pool equipment and water treatment systems company slashed its 2026 outlook. Preliminary second-quarter results also missed estimates, while the sudden departure of its CFO raises questions about the company's trajectory and whether the Covid-era pool boom has finally run its course. Pentair now expects full-year adjusted earnings of $4.60 to $4.80 per share, down from prior estimates of $5.30 to $5.40,...