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Futures Erase Overnight Gains As Oil Hits One-Week High, Yen Slides
Futures Erase Overnight Gains As Oil Hits One-Week High, Yen Slides
US equity futures start the new week barely higher, having erased almost all of their overnight gains, yet still trading at all time highs, led by Tech with small caps starting the week in the red. As of 8:00am ET, S&P futures are fractionally in the green as traders look to the next big data print from the US this week in the form of CPI and PPI updates, as bets on September rate hikes tumbled after Friday's jobs debacle;...
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Apr 5, 2026 / Tyler Durden
"Open The F**kin' Strait": Trump Blasts Iran As IEA Head Warns Of Panic Fuel Hoarding In Asia
"Open The F**kin' Strait": Trump Blasts Iran As IEA Head Warns Of Panic Fuel Hoarding In Asia
International Energy Agency chief Fatih Birol told the Financial Times this weekend that governments must avoid panic hoarding and refrain from imposing fuel export bans as the Gulf energy shock ripples outward to Asia, Africa, Europe, and eventually reaches the US West Coast.
"I urge all countries not to impose bans or restrictions on exports," Fatih Birol emphasized in the interview. "It is the worst time when you look at the global oil markets....
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May 3, 2026 / Tyler Durden
Animal Farm Film A Hollywood Perversion Of Orwell's Anti-Communist Classic
Animal Farm Film A Hollywood Perversion Of Orwell's Anti-Communist Classic
George Orwell's prognostications about the future of authoritarianism have proven consistently accurate. They have only been limited by his inability to foresee the creation of certain technologies which make the future look even more bleak. The reason his books, like 1984 and Animal Farm, are considered classics of literature is because they are timeless.
Their warnings and messages still apply today and will probably apply centuries from now.
Animal Farm, first published in 1945, is a tale specifically written as an allegory...
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Apr 9, 2026 / Tyler Durden
Pricing Doritos At $7 A Bag Cost Pepsi "Billions" In Revenue
Pricing Doritos At $7 A Bag Cost Pepsi "Billions" In Revenue
Turns out there's a price point for everything where consumers just stop paying. Guess that whole "price as a rationing mechanism" talk means something after all...
Just ask Pepsi. The iconic brand had recognized for some time that its Frito-Lay snack prices were becoming too expensive, with major retailers like Walmart repeatedly raising concerns, according to Bloomberg.
Even so, prices remained high as sales declined, with some chip bags climbing past $7. Popular products such as Doritos saw sharp increases, jumping...
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