Araghchi: No Talks on Final US-Iran Deal If Threats Continue

The US opposes Oman maintaining relations with Iran and wants Muscat to pick a side in the conflict. Omani neutrality has allowed Muscat to act as a mediator in the region.  The Wall Street Journal reported on Monday that American and Arab officials said the White House views Oman’s neutrality as a threat. Oman’s position […]

Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks Klarna, the Swedish fintech firm best known for its buy now, pay later services, crashed in premarket trading in New York after it lowered its full-year revenue and gross merchandise value forecasts following a second-quarter active-user miss, overshadowing stronger-than-expected earnings. The buy-now, pay-later firm now expects 2026 revenue of $4.08 billion to $4.16 billion, down from a previous forecast exceeding $4.34 billion. Gross merchandise value is projected to be $149 billion to $151 billion, compared with earlier guidance of above...

RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end, forcing twenty years of interest rate suppression to finally unravel. Welcome to the Austrian nightmare.