Increasing Number of IDF Raids Reported in Southwestern Syria

President Donald Trump said that if Iran declines his latest proposal to end the war, the US will break the ceasefire and restart the bombing.  “Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective […]

Why CME Is Really Suing The CFTC Over Perps Authored by David Christopher via Bankless.com, CME wants Kalshi's Bitcoin perp reclassified as a swap, not banned. That distinction reveals what's actually at stake in the CFTC lawsuit. Yesterday, CME, the country's dominant derivatives exchange, sued the CFTC over its recent approval of regulated crypto perpetual futures. The exchange argues Kalshi's  Bitcoin perp should be treated as a swap, not a futures contract, a classification shift that would push the product into a more restrictive, institution-facing rulebook. The CFTC called the suit "frivolous" and said it looks forward to dismissing...

$5 Diesel Means A 35% Jump In Prices For US Consumers While US gasoline prices have risen substantially since the start of the Iran war (although RBOB futures suggest there is much more upside should oil prices remain around $100), the average price of diesel has already soared above $5 per gallon in the US, the highest since 2022, and pushing up supply chain costs and setting the stage for broader inflation for consumers. The price spike is increasing costs for farmers, truckers and construction firms. With diesel at $5 per gallon,...