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Oil Jumps As Trump Says Mulling Restart Of Project Freedom, Which Could Mean New Hormuz Clashes With Iran Summary Trump mulls restarting Project Freedom in Hormuz and says forcibly retrieving 'nuclear dust' is still on the table, oil jumps on headline. Iran Foreign Ministry: "Everything we proposed in the text was reasonable and generous." However, US officials insist on their "unreasonable demands." Saudi Arabia condemns Iran for its latest drone attacks targeting the UAE, Qatar and Kuwait on Sunday. Qatari LNG tanker abruptly U-Turns In Hormuz chokepoint after earlier in weekend an initial one made it...

Moderna Extends Rally After Two More Cruise Ship Passengers Test Positive For Hantavirus Moderna shares are up another 7% in premarket trading, as renewed alarm over the hantavirus-plagued MV Hondius cruise ship energizes investor focus on the company's vaccine pipeline. The latest news catalyst: Two passengers evacuated from the cruise ship on Sunday tested positive, reinforcing concerns that the outbreak remains active. The Hondius is moored at a port in Spain's Canary Islands. On Sunday, passengers were escorted off by personnel in protective gear before being flown home on government and military aircraft. Seventeen...

Thanks to the Fed’s creation of asset bubbles, the US economy is producing many billionaires. However, the savvy entrepreneur is becoming increasingly scarce.