Bonds & Bullion Jump, Dollar Dumps As Rate-Hike Odds Slump After Payrolls Miss

American Airline Cuts Outlook After Jet Fuel Shock Bill American Airlines slashed its full-year outlook on Thursday morning, warning it could post a loss in 2026 as the Iran-U.S. war, which sent jet fuel prices soaring, adds roughly $4 billion in fuel costs. The airline now expects full-year results ranging from a 40-cent loss to a $1.10 profit, down from its earlier forecast of $1.10 to $2.70 in earnings per share. "Based on the forward fuel curve and the current revenue outlook, the midpoint of the full-year guidance is expected to...

Trump Wants ICE To Resume Traffic Stops After Deadly Encounter In Maine President Donald Trump declared Wednesday that Immigration and Customs Enforcement (ICE) should keep relying on traffic stops as a major enforcement tool, defending the practice after a string of deadly encounters involving immigration officers, including a recent fatal shooting of a Colombian illegal immigrant in Maine.  In a Truth Social post on Wednesday, Trump commended ICE agents and pushed the agency to maintain vehicle stops, even as officials examine the approach after recent events in Maine, Texas, and Florida. "The...

Trump's Project Freedom Likely Triggered By Oil Market's One-Month Countdown To Chaos What is well established about President Trump's newly announced Project Freedom is that the U.S. military is helping "guide" commercial vessels out of the Strait of Hormuz. The battle over the Hormuz chokepoint comes as the oil market appears to be one month away from a potential "tipping point." Without a resolution, traders warn that global crude and refined-product stockpiles could be drawn down to dangerous levels, creating dire conditions for another violent leg higher in fuel prices that...