Xi Warns US Against New Iran Strikes, Denounces 'Law Of The Jungle', As Putin Talks Energy Leverage In Beijing Summit

Former Musk Adviser Sriram Krishnan Leaving White House AI Role Authored by Tom Gantert via The Epoch Times, Senior White House policy adviser on artificial intelligence Sriram Krishnan, a former Twitter executive who advised Elon Musk during his acquisition of the social media platform, announced Saturday he will leave his role at the end of June. U.S. President Donald Trump hands a pen to Senior White House Policy Advisor on Artificial Intelligence Sriram Krishnan after signing an executive order while U.S. Sen. Ted Cruz (R-Texas) (2nd L) and Commerce Secretary Howard Lutnick...

After Dems Record-Breaking (And Useless) Drain, Schumer 'Demands' Trump Release Oil From The SPR 'Immediately' In 2022, following Russia's invasion of Ukraine, which disrupted global oil supplies and drove US gasoline prices to record highs above $5 per gallon in June, the Biden administration authorized unprecedented releases from the Strategic Petroleum Reserve (SPR) to ease fuel costs as the 2022 Midterm elections loomed (and Democrat approval ratings slid). The historic drawdown announced in March was the largest SPR release in history, and was pitched as 'bridging supply shortfalls while global production...

Strong 30Y Bond Auction Stops Through For First Time Since March On the heels of yesterday's stellar 10Y auction, this afternoon saw an even more stellar-er 30Y auction with the US government selling $22 billion bonds at 5.058%, the highest result since 2007, vs a 5.061% when-issued yield at the 1 p.m. New York time bidding deadline. That is the first stop-through (0.3bps) since March (after three ugly tails - June's reopen was the weakest since July 2024)... The 2.44 bid-to-cover ratio compares well with the 2.39 average for the past six reopenings Dealer:...