Saudi Aramco Profit Soars As CEO Warns Hormuz Closure Removes 100 Million Barrels A Week

10Y Auction Tails As Foreign Demand Dips After yesterday's impressive 3Y auction, moments ago the Treasury sold $39 billion in benchmark, 10Y paper, in what was a mediocre auction. The auction, a 9-Year 10-Month reopening of cusip CPX8, stopped at a high yield of 4.282%, up from 4.217% last month and the highest since last August. It also tailed the When Issued 4.280% by 0.2bps, the third consecutive tail in a row. The bid to cover dipped to 2.429 from 2.449, and was also below the six-auction average of 2.48. The internals also...

Trump Refiles Lawsuit Over Wall Street Journal Article Linking Him To Epstein Letter Authored by Jackson Richman via The Epoch Times, President Donald Trump has refiled his $10 billion defamation lawsuit against Dow Jones & Company, publisher of The Wall Street Journal, over an article that alleged he signed a birthday letter sent to convicted sex offender Jeffrey Epstein. Trump’s legal team submitted the revised complaint exactly on the May 27 deadline set by U.S. District Judge Darrin Gayles. In April, Gayles dismissed the original lawsuit, ruling that Trump had failed to...

Apple Fixes Bug That Allowed FBI To Read Deleted Signal Messages Authored by Brian Quarmby via CoinTelegraph.com, Tech giant Apple has fixed a security flaw that had allowed the FBI to access a Signal user’s deleted messages through their phone’s push notification database, despite the app being deleted and messages being set to disappear. In a security advisory released on Wednesday, Apple said it had fixed a bug that allowed “notifications marked for deletion” to be “unexpectedly retained on the device.” In an X post on Wednesday, Signal said the update fixed the issue that...