The Loophole That Put Drunk Truckers Back On The Road

Food Retailers Troubled By This Chart Consumer staples and food retail equity analyst Scott Marks at Jefferies told clients Saturday that one of the most concerning charts for food retailers is the sharp decline in average benefits per SNAP participant under the Trump administration, as the USDA intensifies efforts to root out fraud, waste, and abuse. SNAP's elevated payment error rates are setting up a new fiscal fight between the Trump administration and states. Marks said food retailers are caught in the crosshairs: SNAP error rates set up state cost-sharing showdown. USDA...

Ukrainian Drone With Huge Explosive Payload Hits Bulgaria Near Vital Gas Pipeline A major border and aerial incident has occurred between Ukraine and Bulgaria, and Bulgarian officials are outraged and demanding answers - ironically on the heels of a political shift regarding the Ukraine war wherein Sofia has stopped giving weaponry, citing its own stockpile shortages. A Ukrainian drone on Saturday breached Bulgaria's airspace and directly endangered vital energy infrastructure upon exploding in Bulgarian territory, regional media reports. These types of breaches of neighboring states' territories and spillover from the Ukraine war...

Nine Potential Commodity Wildcards As "Once-A-Decade" Shocks Become New Normal A growing number of institutional desks sounded alarms over physical commodity markets this week as maritime chokepoint disruptions intensified across the Gulf. Goldman Sachs, RBC Capital Markets, JPMorgan, and others warned that a tightening physical market could keep Brent firmly in triple-digit territory and drive prices sharply higher if the disruptions persist. Joining the conversation was Citigroup Senior Commodities Strategist Eric Lee, who warned Thursday that commodity markets have entered an era of near-constant disruption, with geopolitical, climate, and technological shocks...