Josh Kushner, Bob Iger Stun Sports World With Record-Shattering $12 Billion Lakers Takeover Deal

In his State of the Union address, President Trump declared that America is entering a “Golden Age.” Golden for whom? For a president who lives lavishly in a taxpayer-funded mansion, jets around to weekend golf getaways at taxpayer expense, and dismisses concerns about “affordability” as fake news, life might indeed be gilded. For the rest of […]

Andurand's "Hedge" Fund Lost 52% In First Two Weeks Of April On Levered Oil Bets Three weeks ago, when Bloomberg pointed out that Andurand was the best performing hedge fund in March thanks to its notorious levered long oil positioning (and really nothing else), we said they may want to refresh his exposure after the April 7 oil crash. May want to F5 on Andurand after today's near record oil crash https://t.co/tlkgz3dXJa — zerohedge (@zerohedge) April 8, 2026 Three weeks later, they did: according to a report published this morning, Pierre Andurand’s largest "hedge...

Trump Announces US To Cover Insurance For All Ships Traveling Through Gulf, Will Provide US Navy Escorts Update (1440ET): Moments ago President Trump announced that the United States will provide insurance for "ALL Maritime Trade" via the US Development Finance Corporation (DFC), and will provide Navy escorts, "if necessary." Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines....