Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades

Trump Says He No Longer Views Anthropic As A National Security Threat Authored by Jacob Burg via The Epoch Times, President Donald Trump said he no longer views the artificial intelligence (AI) giant Anthropic as a national security threat. Illustration of Anthropic on June 18, 2026. Riccardo Milani/Hans Lucas via AFP via Getty Images "We have a situation with Anthropic, and we didn't like what they were doing, and so far I think they behaved very responsibly to our request," Trump told Axios's Marc Caputo in an interview that aired on June 19. Caputo...

Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income The Fed's favorite inflation indicator - Core PCE - rose 0.3% MoM in January (as expected), a dip from the 0.4% sequential increase in February, with YoY rising by 3.2% (also as expected), slightly higher than the 3.0% in Feb. That is the highest annual increase in Core PCE since Nov 2023.  The headline PCE jumped notably more, as expected since it includes non-core items like energy and food, rising 0.7% MoM (as expected) driving prices up...

Iranian Media Reports Pier Struck Near Bandar Abbas After Mystery Explosions, Drone Activity Summary Hostile activity, explosions reported on Iran's southern coastal area along Hormuz. Possible US military activity reported. The Trump admin mulls restarting operation to guide ships through the Strait of Hormuz with naval and air support as early as this week after Saudi Arabia and Kuwait lifted restrictions on US access to their bases and airspaces Iran national security commission 'red line': No uranium has left the country; The right to enrich uranium, the complete lifting of sanctions, and the release...