Vance: The US Has Achieved Core Goals in Iran

Goldman Warns Brent Could Top $120 If Gulf Chokepoint Crisis Deepens Brent crude futures are trading in the low $90s as the Gulf area escalation enters a tenth consecutive day. Iran attacked a tanker in the Strait of Hormuz, while two tankers carrying Saudi crude reversed course in the southern Red Sea after warnings from Iran-backed Houthi forces placed another critical maritime chokepoint under threat. For more color on energy markets, Goldman commodities expert Daan Struyven warned clients on Monday that Brent crude futures could surge above $120 a barrel by...

New York Millionaire's Club Says They're Happy Paying Higher Taxes Under Mamdani Sigh. It's all so exhausting. Not all of New York’s wealthiest residents are sounding alarms over Mayor Zohran Mamdani’s plan to raise taxes on high earners. In fact, a small group of millionaires says the backlash is a bit over the top, according to Bloomberg. Members of the Patriotic Millionaires — including filmmaker Abigail Disney, granddaughter of Roy O. Disney of The Walt Disney Company — argue the rich can easily afford to contribute more if it helps fund...

Someone Tell Lloyd Blankfein The Fire In Private Credit Has Already Started Submitted by QTR's Fringe Finance As I’ve been writing about, private credit has been under immense stress for months, with liquidity strains, redemption pressure, and growing questions around valuations all surfacing at once. And now with things on the verge of imminent collapse and literally all of f*cking Wall Street already on notice, one former major banking CEO has decided to offer up the King Solomon-like revelation that he believes things could get worse from here. But, obviously, what he doesn’t realize...