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Iran Says US Violated Ceasefire and Vows It Will ‘Leave No Act of Aggression Unanswered’

The Iranian Foreign Ministry said in a statement on Tuesday that the US committed a “flagrant violation” of the ceasefire between the US and Iran, a statement that came a day after the US military said that it launched strikes against targets in southern Iran. The statement said that the US committed ceasefire violations over […]
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Aug 27, 2026 / Tyler Durden
Moody's Downgrades Baltimore City's Credit Rating Amid Population Collapse
Moody's Downgrades Baltimore City's Credit Rating Amid Population Collapse Moody's Ratings downgraded Democrat-led Baltimore City's bond rating this week, highlighting a rapidly deteriorating financial situation as declining reserves, depleted utility funds, and mounting borrowing costs strain the crime-ridden metro area best known for the hit HBO series The Wire. Local outlet Fox Baltimore reports that the ratings agency lowered Baltimore's rating from Aa2 to Aa3, citing "declining fund balance and cash levels across all government operations," with much of the deterioration concentrated in utility and internal-service funds. Moody's explained that the city's finances...
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May 2, 2026 / Tyler Durden
Spirit Airlines 'Bites The Dust' As All Flights Canceled
Spirit Airlines 'Bites The Dust' As All Flights Canceled The collapse of bankrupt Spirit Airlines is now official. After several failed attempts by the Trump administration to engineer a rescue package, including a proposed $500 million financing deal that could have left the U.S. government with control of up to 90% of the budget carrier, negotiations broke down late this week. By Saturday morning, Spirit had begun winding down operations, with all flights canceled and the carrier entering liquidation mode. The outcome marks the final flight for the budget airline, crushed by...
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Apr 13, 2026 / Tyler Durden
Bernstein Says Bitcoin Market Already Priced In Quantum Risk
Bernstein Says Bitcoin Market Already Priced In Quantum Risk Authored by Zoltan Vardai via CoinTelegraph.com, Bernstein said Monday that Bitcoin’s selloff has already priced in much of the market’s fear around quantum computing, arguing that the threat is real but still manageable rather than an immediate existential risk. Bitcoin’s (BTC) near 50% drawdown from its $126,198 all-time high in October 2025 is proof that the market has “priced in” several risks tied to a quantum breakthrough, partly thanks to technological progress on zero-knowledge privacy and quantum-proof cryptography that “counterbalance” the AI and...
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