Another Major Russian Refinery Up In Flames As Diesel Nears Historic Highs

Back To The Fax Machine: Microsoft's Meltdown Exposes The Agentic Economy's Weakest Link Traders reached for fax machines, Japan's finance ministry pinned paper notices to the wall, and the AI assistants meant to automate the office went dark right along with the inbox. Hang in there clippy... For more than 18 hours, the AI agents Silicon Valley says will soon do your job couldn't read your email, because nobody could. A Microsoft 365 failure that began Thursday knocked out Outlook for businesses and governments in more than 70 countries and took Microsoft's...

The Israel-Lebanon talks in Rome wrapped up Wednesday with claims of substantial progress made, and as has often been the case after such talks, it gave way to a Thursday in which Israel substantially escalated their strikes. Airstrikes centered around Nabatieh al-Fawqa, particularly the al-Deir neighborhood. At least two people were confirmed killed in the […]

Main St.-Wall St. Divide Reaches Record High As UMich Inflation Angst Re-Accelerates Preliminary October UMich Sentiment held steady this month, registering a tiny 0.1pt decline below September (Current Condiutions dipped but Expectations ticked up)... Increases in sentiment among Republicans and Democrats were balanced by declines among independents. While year-ahead business conditions improved about 14%, they stand 16% less than last October’s read. This month’s decline in the Current Conditions subindex was driven entirely by buying conditions for durables, which plunged 18% on the basis of higher interest rates and rising concerns about the...