US Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash

Chokepoint Madness: Iran Refuses Hormuz Talks As Houthis Threaten Red Sea Strait Summary Oil rises on news of a second massive Marine deployment toward Gulf in a week, as Trump calls NATO a 'paper tiger'. IRGC contradicts Bibi: says missile production is ongoing, is of "no concern" - even as IRGC spokesman Ali Mohammad Naeini is reported killed. Energy war ongoing: Major sites damaged across the region - Haifa refinery hit, Qatar LNG output cut 17%, Kuwait facilities ablaze. Kharg Island escalation looms: Trump admin weighing seizure of Kharg Island to reopen Hormuz; Thousands...

Coinbase CEO Cuts Workforce By 14% As AI Agents Take Over, Accelerate White-Collar Job Apocalypse Coinbase employees woke up Tuesday morning to an email from the CEO announcing a workforce reduction of up to 14% as part of a broader push to make the crypto firm "leaner, faster, and AI-native." CEO Brian Armstrong also released the letter on X, starting off the letter by saying: Today I"ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it...

L3Harris' Missile Business Files To Go Public As Trump's War Economy Prepares For Launch We have been diligently tracking the Trump administration's war-economy mobilization across the homeland, from the rise of so-called "war unicorns" favored by the Department of War to Trump officials talking with GM, Ford, GE Aerospace, and Oshkosh about converting underused civilian industrial capacity into weapons production. The signal to investors is becoming hard to miss: the Trump administration is preparing to expand the defense industrial base at scale to refill depleted weapons stockpiles. Whether through venture-backed...