Futures Rise, Oil Drops As Markets Ignore Latest Middle East Airstrikes

Israel continued with its attacks on Lebanon today, following by far the single deadliest day in the war on Wednesday, in which at least 254 people were killed and well over 1,100 others were wounded. Lebanon has declared a national day of mourning today, as they continue to search for survivors in the rubble. Recovering […]

Iran War Exposes America's Unfixed Supply Chains Authored by David Dayen via The American Prospect, One of the more fascinating sidelights of our war of choice in Iran is how it has reinforced the devastating consequences of our hollowed-out industrial base, consolidated commercial sector, and overreliance on long intermediated supply chains. Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) fires a Tomahawk Land Attack Missile during operations in support of Operation Epic Fury, February 28, 2026. Credit: U.S. Central Command Public Affairs/Cover Images via AP Images For example, the...

Phoebe Gates & Co-Founder Caught In The Cookie Jar: Slack Logs Contradict Phia's '24-Hour Bug' BS When Bloomberg first caught Phia - the AI "personal shopping assistant" co-founded by Bill Gates' daughter Phoebe Gates and climate-activist-turned-founder Sophia Kianni - claiming affiliate commissions on sales it had nothing to do with, the company's ham-fisted damage control was a Silicon Valley classic: an unfortunate software bug, discovered "within the last 24 hours" - and of course it was 'fixed immediately.'  Except that's total bullshit.  According to a follow-up investigation published Tuesday, they knew about...