Oil Tops $91, US Diesel Crack Near $100 As US-Iran Strikes Resume, Tehran Claims Supertanker Mined In Hormuz

China's Biotech Stocks Emerging As Latest Ai Trade By Charlie Zhu, Bloomberg Markets live reporter and strategist China’s biotech stocks are emerging as the latest AI trade, fueled by expectations the technology will accelerate drug development and boost returns. The Hang Seng Biotech Index has risen nearly 22% this quarter, set to outperform the Hang Seng Tech gauge by the most on record in Bloomberg data going back to 2015, as investors bet artificial intelligence will reduce timelines and cost in pharmaceutical research and development. The prospect of AI-originated drugs generating licensing and royalty income in...

"The Numbers Are Shocking": California Faces Scrutiny Over Hospice Fraud Authored by Tom Gantert via The Epoch Times, Dr. Mehmet Oz, administrator of the Centers for Medicare and Medicaid Services, posted an Instagram video this week detailing ongoing fraud among hospice and health care facilities in Los Angeles County. Investigations have focused on Los Angeles County, where officials said state regulators did little to stop fraud.  Investigators believe that the start of the hospice fraud can be traced as far back as 2010. “The normalization of hospice fraud in California has to stop,” Oz...

The 14-point US-Iran Memorandum of Understanding, which US officials detailed to reporters on Wednesday, says that under the potential deal, Iran’s enriched uranium will be downblended “on site,” as the US has backed off on its demand to take it out of the country. The MoU states that the “have agreed to resolve the disposition […]