Saudi Arabia, Turkey, Pakistan Sign Islamic NATO-Style Defense Pact Amid Iran War

Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike The New York Harbor jet fuel benchmark has doubled in just five weeks as the aviation fuel crisis spreads from airport to airport worldwide following ongoing disruptions at the Hormuz chokepoint. The third-order effects of that energy shock began to materialize this past week, with major U.S. airlines raising checked-bag fees to offset soaring fuel costs.  United Airlines and JetBlue Airways, two major U.S. carriers, raised checked-baggage fees for domestic travel this week as they begin...

Qatar said on Wednesday that the US and Iran had concluded indirect talks on the Memorandum of Understanding (MoU) aimed at ending the conflict between the two nations. “Qatar & Pakistan mediators concluded separate meetings with the US & Iranian negotiators in Doha today, with positive progress made on issues related to the Islamabad Memorandum […]

Andrew Left's Conviction Could Change The Rules For Every Market Commentator...But How? Andrew Left's fraud conviction is sending shockwaves through the activist short-selling community, not simply because of the verdict itself, but because it has exposed deep uncertainty about what market commentators are legally allowed to do, according to the Financial Times. For years, activist short sellers operated in an area where investors would build positions, publish research or opinions about a stock, and trade around the market reaction. These practices were often viewed as part of the normal functioning of...