Crude Tumbles As Pakistan Hints 'Final Draft' Iran Peace Agreement Is Imminent

US Adds Only 57K Jobs, Missing Estimates, As Unemployment Rate Slides On Plunge In Workers In our jobs preview post we quoted Goldman Delta One head, Rich Privorotsky, who said that "equities marginally want something weaker than consensus: with no forward guidance, hot NFP means hikes in play, which is unfriendly for pockets of equity risk." Well, they got it because moments ago the BLS reported that in June the US added just 57K workers, half the 113K expected, and the worst monthly print since the big February drop.  Except for...

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Authored by Micah Zimmerman via BitcoinMagazine.com, Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years.  The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the...

"Debug": Google Seeks Federal Approval To Release Millions Of Mosquitoes In California, Florida Authored by Jacob Burg via The Epoch Times, Google is seeking federal approval for a new program called "Debug" that would release up to 32 million mosquitoes in California and Florida to combat disease-carrying mosquitoes already found in the wild. A laboratory technician holds a mosquito at the World Mosquito Program factory in Medellín, Colombia, on June 4, 2024. Scientists have long released biologically modified mosquitoes to curb transmission of diseases such as chikungunya. Jaime Saldarriaga/AFP via Getty Images Pitched...