Xbox Hits Gamers With Price-Hike As Major Retailer Warns Console Shortage Looms Ahead Of GTA VI Launch

Average 7Y Auction Stops On The Screws As Foreign Demand Slides After a solid 2Y auction and a subpar 5Y auction earlier this week, moments ago we got the week's final Treasury issuance when the US auctioned off $44BN in 7Y paper in a perfectly average sale. Starting at the top, the bond priced at a high yield  of 4.260%, down modestly from 4.290% last month and in the middle of a range established in late-2023 after which the 7Y has traded between 3.50% and 5%. The auction also priced...

Iran Says Talks With US Are 'Fake News' After Trump Threatens To 'Just Keep Bombing', Wants Hormuz To Be 'Jointly Controlled' Summary Trump announces "productive" talks with Iran, "postpones" military strikes for 5 days Iran Foreign Ministry + Parliament speaker say no talks have happened, after Trump said "speaking with a top person in Iran", says will "just keep bombing" if Iran talks fail Trump says Hormuz will be "jointly controlled"; Russia and Pakistan step-up as potential mediators, engage with Tehran Israel is not seeing an imminent end to the war, and plans to continue...

Axon's Ukraine Drone Deals Signal Big U.S. Counter-UAS Push Axon, formerly TASER International, has evolved beyond its roots as a police-tech vendor and is now positioning itself to soon be a major importer of drone and counter-drone technology after a series of deals with Ukrainian defense companies. Axon currently sells hardware to local police forces, federal agencies, security, and military-adjacent markets. Some of this hardware includes Tasers, body-worn cameras, digital evidence systems, and AI voice companions, while the company's pivot is now moving toward battlefield-tested drone technology in Ukraine, which...