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

Russia-Linked Arms Trafficker, Corrupt African Officials Tried To Supply Mexican Cartel With Surface-To-Air Missiles Submitted by The Bureau's Sam Cooper (emphasis our own),  Federal prosecutors in Virginia have charged four men — a Bulgarian arms trafficker with ties to the notorious Russian weapons dealer Viktor Bout, and several African co-conspirators with connections to the governments of Uganda and Tanzania — with conspiring to supply the Cartel de Jalisco Nueva Generación with a $58 million military arsenal that included rocket launchers, surface-to-air missiles, anti-aircraft drones, and high-powered explosives the brokers boasted could bring...

Here's What's Happening Inside Convenience Stores As Gas And Diesel Spike We continue to track convenience store trends as an indicator of working-class sentiment, building on our coverage of the spending pullback that emerged early in the US-Iran conflict. That weakness persisted into late summer as August's fuel-price spike put further pressure on household budgets. The Gulf conflict and a global refining squeeze pushed regular gasoline above $4.50 a gallon and diesel above $5.50 in August, leaving consumers with less room for discretionary purchases. Jefferies food analyst Scott Marks published a...