Israeli Air Force Chief Says Major Attack on Iran Was Called Off Last Week

JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela. The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...

Europe Drafts Pie In The Sky Plan To Free Up Hormuz Without 'Belligerent' Parties This is quite the ambitious headline revealing the latest 'plan' for Hormuz to come out of Europe, as it sits on the sidelines watching the US get potentially bogged down in the region following a month of heavy airstrikes on Iran: Europe drafts postwar plan to free up Strait of Hormuz without US, WSJ reports. This is apparently a plan for after the main crisis is over, amid the strait still being blockaded (with the each warring side insisting...

Alito Punches Back After Ketanji Insult Following SCOTUS Decision On Voting Rights Authored by Amy Howe via scotusblog.com, The Supreme Court on Monday night granted a request to immediately finalize its opinion in Louisiana v. Callais, in which it struck down that state’s congressional map, to allow Louisiana to draw a new map in time for the 2026 elections. [ZH: Democrats are raging as] that map is expected to favor Republicans, who currently hold four of the state’s six seats in the U.S. House of Representatives but could pick up one or even two...