Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise

Trump Mulls Farmer Aid As Fertilizer And Fuel Costs Bite Authored by Owen Evans via The Epoch Times, President Donald Trump said on Thursday that he is considering support for U.S. farmers struggling with high fertilizer prices, as rising energy costs and market volatility continue to squeeze producers across the farm belt. A farm field near West Bend, Iowa, on May 6, 2026. Scott Olson/Getty Images "I am looking at doing a form of help," Trump told reporters at the White House, without giving details. Farmers face pressure from fertilizer and fuel costs, both...

OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan SoftBank Group's abrupt scaling back of a planned $10 billion margin loan backed by its roughly 13% stake in OpenAI - now targeting as little as $6 billion - reveals deepening lender unease over the AI giant’s $852 billion post-money valuation set in March 2026. The move follows earlier $40 billion bridge financing and comes amid reports that OpenAI missed internal revenue and weekly-active-user targets earlier this year. While the loan itself is SoftBank’s problem, the episode carries real risks for OpenAI. The...

'Starmer Out' Odds (& Gilt Yields) Rise As Embattled UK PM Vows To 'Prove Doubters Wrong' UK Prime Minister Keir Starmer vowed this morning to fight any bid to topple him, insisting he is “not going to walk away” and claiming that the country would never forgive Labour if it indulged in the “chaos” of a leadership contest. “I know that people are frustrated by the state of Britain, frustrated by politics, and some people frustrated with me,” Starmer said in London on Monday. “I know I have my doubters, and I know...