Israeli Troops Release One Detainee in Southwest Syria, Capture Another

UBS Says Watch Beaten-Down Consumer Stocks, But Is "Reluctant To Call Outright Bottom" The Conference Board's Consumer Confidence Index has fallen to its lowest level since April 2014, but UBS equity trader Mark Paski is watching closely for signs of a bottom in beaten-down consumer stocks. Paski explained: Some of the US consumer sector's biggest laggards are beginning to outperform despite little improvement in the underlying data, a potential sign that prices may be bottoming before fundamentals. The sector remains deeply unloved, with investors heavily underweight, tax-loss selling still dominating conversations...

Mises Editor-in-Chief Ryan McMaken explains how the new Fed chairman faces a political problem with rising prices and the fact the Fed keeps fueling the inflation fire.

Ukrainian Drones Reportedly Hit Major Russian Fuel Export Hub Hours After Trump-Putin Diesel Deal Overnight reports say that Ukraine struck a major Russian petroleum-products export terminal. The news emerged just hours after President Trump announced a diesel supply deal with Russian President Vladimir Putin. Ukrainian attack drones struck the NZNP Rostovsky oil export terminal in Rostov-on-Don, Russia, setting the facility ablaze just hours after the U.S. eased sanctions on Russian fuel exports. — First Squawk (@FirstSquawk) October 10, 2026 Russia's NZNP Rostovsky oil products export terminal, ablaze tonight in the city of Rostov-on-Don...