Futures Slide After Another Korea Rout, TSMA Results Revive AI Fears

Russia Warns US Against Sending Thousands More Troops Near Its Borders: Pushing Toward 'Suicidal Conflict' Russia is deeply alarmed about US plans to deploy thousands of additional troops to NATO's eastern flank member Poland, slamming reports out of Washington as unacceptable and portending an escalation in the Ukraine war. Russian Foreign Ministry spokeswoman Maria Zakharova said at a press briefing on Thursday that sending additional American soldiers to Poland "would result in escalation of tension across Europe" and that Moscow would be forced to take "retaliatory measures". Getty Images Given that some 5,000...

Pricing Doritos At $7 A Bag Cost Pepsi "Billions" In Revenue Turns out there's a price point for everything where consumers just stop paying. Guess that whole "price as a rationing mechanism" talk means something after all... Just ask Pepsi. The iconic brand had recognized for some time that its Frito-Lay snack prices were becoming too expensive, with major retailers like Walmart repeatedly raising concerns, according to Bloomberg. Even so, prices remained high as sales declined, with some chip bags climbing past $7. Popular products such as Doritos saw sharp increases, jumping...

Oil Conundrum: Record Inventory Draws And Stable Crude Prices Something strange is taking place in oil. Crude prices have been remarkably stable over the last week, with Brent mostly trading in the high 90s on mixed prospects for the resolution of the over 7-week conflict in the Persian Gulf, despite signs to the contrary: the second round of talks between the US and Iran has been postponed indefinitely following Iran’s decision not to participate; President Trump extended a ceasefire “until such time as their proposal is submitted, and discussions are...