Senate Democrats Block Advancement of $1.1 Trillion NDAA Over Iran War

Futures Rise, Oil Drops As Market Prices In Iran Deal For Yet Another Day Futures rebounded from the post-FOMC selloff, and oil prices fell as Trump signed the Iran MOU two days early to end the war in the Middle East (in the symbolic Palace of Versailles of all place) and some energy shipments began to transit the Strait of Hormuz. As usual, tech led the parade higher. As of 8:00am ET, S&P futures were up 0.6%, but off overnight session highs, partly unwinding a more than 1% decline after Kevin Warsh signaled the...

Britain Goes Full 'Airstrip One' Authored by Stephen Green via PJMedia.com, In George Orwell's 1984, Great Britain was just a province of Oceania named "Airstrip One" as a none-too-subtle nod to the U.K.'s role as host to the heavy bombers of U.S. Eighth Air Force during World War II. Four decades past the real 1984, and there's still no Oceania. But Britain looks more and more like Airstrip One as Parliament considers a bill opening up everyone's smartphone to government supervision — and jail time for tech execs who don't submit. You had to...

President Trump said on Friday that the US Navy was acting “like pirates” while enforcing the blockade against Iran, comments that affirm Tehran’s characterization of the US military action, which has involved seizing ships and Iranian oil. “We … land on top of it and we took over the ship,” Trump told a crowd of […]