Has Iranian Crude Become Irrelevant To Global Oil Supply?

Americans' Confidence Dips In August As Chicago PMI Plunges Into Contraction The MNI Chicago PMI for August was a disaster, printing below even the worst analyst's expectations. Against expectations of a rise to 57.9, the headline print crashed from 57.6 to 47.1 (flashing recession signals)... Prices paid accelerated while the overall business barometer plunged into contraction. That is the biggest MoM drop since COVID... However, in the face of that collapse in business confidence, UMich reported US consumer sentiment fell in August for the first time in three months on a worsening economic outlook,...

Gen. Francis L. Donovan, the head of US Southern Command, visited Venezuela on Wednesday and met with Venezuelan Acting President Delcy Rodriguez, a visit that came less than two months after the US attacked Venezuela and abducted President Nicolas Maduro. According to a press release from Rodriguez’s office, during the meeting, both sides “agreed to […]

Take-Two Slides Into Correction As Grand Theft Auto Leak Investigation Intensifies Take-Two Interactive, whose Rockstar Games studio is developing Grand Theft Auto VI, was hit by a series of leaks last month ahead of the fall release. Bank of America analysts described the leaked footage as "impressive, but unlikely to surprise," while TTWO shares have tumbled into a correction since the leaks surfaced online. The leaked clips reportedly expose plot details, character scenes, and gameplay mechanics, prompting Rockstar Games to call the leaks "gut-wrenching" and warn that some of the game's...