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US Slaps Brazil With 25% Tariffs After Rubio Says Socialist Leader "Failed To Negotiate In Good Faith"
US Slaps Brazil With 25% Tariffs After Rubio Says Socialist Leader "Failed To Negotiate In Good Faith"
US Secretary of State Marco Rubio revealed on X late Wednesday night that the Office of the United States Trade Representative (USTR) is set to impose a 25% tariff on "most Brazilian imports."
"Let there be no confusion about why: President Lula and his government have not negotiated with the US in good faith," Rubio said.
He added, "His economic policies are bad for Americans and bad for Brazilians. For the past year, Lula has...
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Jan 18, 2023 / James Vincent
Boston Dynamics’ bipedal robot Atlas is now tossing tool bags around a (fake) construction site
Is Boston Dynamics slowly preparing to put its bipedal robots to work?
In a glossy new video, the company has shown off its prototype Atlas robot tossing planks and tool bags around in a fake construction site. In a second, behind-the-scenes video, Boston Dynamics’ team lead on Atlas, Scott Kuindersma, explained that the video is “meant to communicate an expansion of the research we’re doing on Atlas.” As ever, it’s important to note that these videos are rigorously planned and structured, with falls and mistakes edited out. But, as Kuindersma notes, it’s still a change of pace for Atlas.
Aug 10, 2026 / Tyler Durden
Futures Erase Overnight Gains As Oil Hits One-Week High, Yen Slides
Futures Erase Overnight Gains As Oil Hits One-Week High, Yen Slides
US equity futures start the new week barely higher, having erased almost all of their overnight gains, yet still trading at all time highs, led by Tech with small caps starting the week in the red. As of 8:00am ET, S&P futures are fractionally in the green as traders look to the next big data print from the US this week in the form of CPI and PPI updates, as bets on September rate hikes tumbled after Friday's jobs debacle;...
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Jun 3, 2026 / Tyler Durden
Dispersion And Correlation Are Screaming Overbought, Downside Hedging Is Cheap
Dispersion And Correlation Are Screaming Overbought, Downside Hedging Is Cheap
Submitted by SpotGamma
CBOE’s Dispersion Index (DSPX) is at levels only seen during Covid and the April ’25 tariff crash, while Correlation (COR1M) is near all-time lows. This divergence signals extreme positioning risk driven by the AI stock chase, and makes SPY downside hedges historically cheap.
Traders have been chasing AI related names in such heavy-handed fashion that it has now created positioning risk for the stock market.
Encapsulating this view are two popular CBOE options indexes: Dispersion (DSPX) and Correlation (COR1M).
What Are...
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