Ukrainian Drone Attacks on Russia Kill Four, Including a Three-Year-Old Boy

Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs). The precious metal has posted double-digit gains for each of the last three years, more than doubling in price as central banks, money managers and retail investors all piled into the trade. That rally ran out...

S&P Set To Open At Record High As Oil Slides, Bond Rout Takes A Breather US equity futures are higher for a fourth day, putting the S&P on course for its longest winning streak in two months, and on pace for a record open. Tech is leading again, though the rest of the market is finally joining in, and the bond market has stopped screaming for a few hours. As of 8:00am ET, S&P futures are 0.5% higher at 7,865 and Dow futures are up 288 points; Nasdaq futures were...

Pentagon Conducts First Military Drill In Venezuela Since Maduro Overthrow On Saturday, the US military conducted a highly visible drill right in the heart of Caracas, marking the first known American military exercise on Venezuelan soil since the chaotic January 3rd operation to abduct Venezuelan President Nicolas Maduro. The show of force involved two US Marine Corps Osprey aircraft touching down near the recently reopened US Embassy in Caracas, which went operational only two months ago, in March. via Reuters "The drill, which the Venezuelan government said it had authorized as an evacuation...