Brent Bounces As Houthis Attack, Sink Vessel Off Yemen With Sea Drone

"Politically, There's No Viable Way Out Of This": Schiff Warns Of "Dangerous Feedback Loop" Authored by SchiffGold via SchiffGold, On Thursday, Peter joined host Danny on CapitalCosm to unpack the deepening cracks in the US debt market and what they mean for the dollar, oil, and the political landscape heading into 2026. He walks through weak Treasury demand, the fragile yen carry trade, and why "growing our way out of debt" remains a fantasy, before turning to how inflation is set to reshape the midterms and why the next Fed chair...

Trump Indicates He'll Sign Bill Making Daylight Saving Time Permanent Authored by Jack Phillips via The Epoch Times (emphasis ours), President Donald Trump has indicated he would sign a bill to make daylight saving time permanent as a House of Representatives committee advanced a measure that would codify the change. U.S. President Donald Trump returns to the White House in Washington on May 15, 2026. Kevin Dietsch/Getty Images "Big Vote today (48-1!) in the Energy and Commerce Committee on a Bill including The Sunshine Protection Act, which will be making Daylight Saving Time...

Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades The Bank of Canada said the global financial system has functioned (surprisingly) well through recent global shocks, but underscored the risk of a sharp asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets. The central bank’s 2026 financial stability report released Thursday noted financial asset valuations have continued to rise, while the stock market is increasingly concentrated in a handful of large tech companies that are...