Stocks Drift As Chips Extend Gains, Oil Slides On Positive US-Iran Talks

Trump EPA Targets Biden-Era Refrigerant Rules In Affordability Push The Trump administration plans to delay compliance with Biden-era EPA regulations targeting hydrofluorocarbons later today. These regulations apply to refrigerants used in air conditioners, refrigerators, supermarket cooling systems, refrigerated trucks, cold storage, and some industrial applications. Bloomberg reports that the EPA's 2023 Technology Transitions Rule, enacted under the American Innovation and Manufacturing Act, will be rolled back, with an estimated cost savings of more than $2.4 billion. EPA Administrator Lee Zeldin said the Biden-era rules imposed costly and unrealistic requirements that exceeded the...

Minecraft, Warcraft, Statecraft Submitted by Michael Every of Rabobank While mediators are pushing to get Iran and the US back into negotiations on Friday, the US still says it wants to see unified response from Iran which hands over its enriched uranium. But what will change between now and Friday? Two things, perhaps, and both pointing towards an expected escalation before any deal. First, Axios quotes US officials that there is an unofficial 3-5 day window for Iran to get the correct unified proposal together before bombing restarts; the Israelis report Sunday...