Israeli Attacks Kill Four in Lebanon as ‘New Ceasefire’ Doesn’t Stop Strikes

Jet-Fuel Price Shock Hits Airlines As Raymond James Cuts Estimate Across Coverage, Warns Of JetBlue Bankruptcy Risk As we've told readers, and as former Goldman commodities guru Jeff Currie explained last week, the energy crisis is not necessarily in Brent or WTI supplies, but in refined-product markets, given the diesel crack spread's jump above $100 a barrel last week. Early Monday, the spread was trading around $94. The secondary effects of a global refined-products crisis are beginning to hit airline earnings, according to Raymond James analyst Savanthi Syth, who wrote in...

Trump Signs AI 'Cyber Defense' Executive Order Authored by Jacob Burg via The Epoch Times, AI companies would be required to submit their frontier models on a voluntary review basis before public releases. President Donald Trump signed an executive order on June 2 intended to address cybersecurity threats posed by artificial intelligence (AI) technology and the new frontier models being released by major industry players. Signed in private, the order allows some AI firms to submit their cutting-edge frontier models to a voluntary government review 30 days before a full public release. That would...

Starmer Faces 'Sleaze Inquiry' Vote Over Epstein Pal Mandelson's Appointment Trouble has been brewing for UK Prime Minister Kier Starmer over his appointment of Peter Mandelson as US ambassador - despite Mandelson's well-known past associations with the late convicted sex offender Jeffrey Epstein. Mandelson, a senior New Labour figure and former EU Trade Commissioner, has long faced questions over his friendship with sex-offender Epstein, and these ties were public knowledge when Starmer nominated him for the prestigious Washington role. While Starmer admitted he was aware of the relationship, he says Mandelson "lied repeatedly" about...