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Key Events This Week: FOMC Minutes, PMIs, Industrial Data; WalMart And Home Depot Earnings
Key Events This Week: FOMC Minutes, PMIs, Industrial Data; WalMart And Home Depot Earnings
While global equity indices are at or close to all-time highs, DB's Peter Sidorov writes that we’re seeing more challenging August crosswinds playing out in bond markets. Expectations for an imminent Fed rate hike have been pulled back, but this has been accompanied by a significant US curve steepening, with the backdrop of higher oil prices, elevated fiscal deficits, and demand for capital from the AI investment boom putting upward pressure on yields. The resulting long-end...
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Aug 26, 2026 / Kyle Anzalone
US Not Planning New Strikes on Iran, Will Focus on Economic War
Secretary of State Marco Rubio has informed allies that the White House is not preparing new attacks on Iran and will instead focus on enforcing sanctions against the Islamic Republic. US officials speaking with Axios said Rubio told allies that the US was not planning any attacks on Iran, and any strikes on the Islamic […]
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Jul 6, 2026 / Tyler Durden
Truck Driver Accused Of Using Fake Documents To Steal $2.9 Million Cargo
Truck Driver Accused Of Using Fake Documents To Steal $2.9 Million Cargo
By Phil Bring of FreightWaves
Police in Greenfield, Indiana, arrested a California truck driver after officers recovered nearly $2.9 million worth of tungsten oxide powder that police said thieves stole during a cargo theft in Pennsylvania.
According to a June 28 news release from the Greenfield Police Department, officers received an alert around 6 a.m. Saturday regarding a wanted semi tractor-trailer traveling eastbound on Interstate 70 into Hancock County. Police said the truck was connected to a cargo theft that...
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Mar 27, 2026 / Tyler Durden
Trump Signs Memo Directing DHS To Pay TSA Agents; First Paychecks Could Arrive Monday
Trump Signs Memo Directing DHS To Pay TSA Agents; First Paychecks Could Arrive Monday
Summary:
Reuters says 50,000 TSA agents could be paid as early as Monday
Trump officially puts out a presidential memorandum instructing DHS to pay TSA agents
House Speaker Mike Johnson agreed to put a short-term DHS funding package on the floor
The resolution would fund all of DHS, including ICE and CBP
It would replace the Senate-passed bill on the House floor
Chuck Schumer says it's 'DOA'
Trump Puts Out Order Instructing DHS to Pay TSA Agents
President Trump wrote in a presidential memorandum...
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