Mamdani Touts First City-Owned Grocery Store

Futures Slide As Brent Tops $100, 10Y Yields Rise Above 4.81% Ahead Of Expanded Treasury Buyback US equity futures are lower as oil continues its ascent, pushing Brent above $100 for the first time since July 24 and pushing 10Y yields to 4.81%. As of 8:15am, S&P futures are trading at session lows, down 0.5% and after erasing early gains, echoing a rally in Asian technology shares that lost momentum as the session progressed. Nasdaq futures are down 0.6% as Mag 7s trade mixed premarket: META +5% after saying early...

The Iranian military on Thursday claimed that four tankers had struck mines in or near the Strait of Hormuz, as the UK’s Maritime Trade Operations (UKMTO) reported that at least one tanker was attacked in the area. Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy first said in a statement that three tankers traveling on an […]

Bessent Unloads On Iran Leadership 'Rats,' Lists 5 Pressure Points As US Blockade Means Clock Is Ticking Summary US Treasury goes after Hormuz payment fees, sanctioning  three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'. White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Trump on Friday rejects Iran's latest revised proposal to Pakistan mediators. Nuclear issue not included: a non-starter, and focus is on ending the...