Bessent Warns Oman On Hormuz Toll Scheme, After Trump Threatened To 'Blow Up' US Ally

Rheinmetall Plunges After Germany Scraps Warship Order Rheinmetall shares plunged as much as 17%, the largest intraday drop in more than a year, after the Financial Times reported that Berlin has scrapped a multi-billion-euro program to build six F126 frigates. The German Ministry of Defense told FT on Wednesday that the decision was due "to significant delays in the project, foreseeable cost increases and the risks that would have been associated with a change of main contractor," adding that changing the contractor would have added even more costs but also required...

AI Is "New Front Door To Commerce" As Consumers Ditch Google For Chatbots Shoptalk, one of the retail and e-commerce industry's top U.S. conferences, took place in Las Vegas last week, where Goldman analysts had one key takeaway for clients on Monday morning: AI is beginning to reshape how consumers shop.  Analysts Brooke Roach and Kate McShane, among others, attended the conference and listened to retailers, consumer brands, and technology vendors focus on the evolving consumer space in the era of AI. Their top takeaway was that AI is emerging as a...

Space-Squatters Will Open The Final Frontier Authored by Rainer Zitelmann via American Greatness, When we talk about the future of mankind in space, we should learn from history. Squatters played a crucial role in the settlement and economic development of the American West. Long before government institutions were firmly established, settlers moved onto unclaimed land, built homes, cultivated farms, and created entire communities without initially possessing formal legal title to the land they occupied. In many cases, these settlers were the true pioneers of westward expansion. They established the foundations of economic life—farms,...