3 Cents On The Dollar: Hedge Funds Gorge On LA Fire Claims As Sacramento’s Crackdown Goes Up In Smoke

Oil Tops $91, US Diesel Crack Near $100 As US-Iran Strikes Resume, Tehran Claims Supertanker Mined In Hormuz Brent crude futures climbed back above $90 a barrel, while West Texas Intermediate topped $86 after the US and Iran exchanged strikes for the first time in about a month. Tehran also claimed that an unidentified supertanker was struck by naval mines in the Strait of Hormuz. Meanwhile, diesel crack spreads are approaching $100 a barrel again, suggesting an increasingly severe shortage across refined-product markets as the summer draws to a close.  US Central...

African Stampede For Kentucky Fried Chicken Causes Pandemonium Kentucky Fried Chicken is running a once in a blue moon promotion to celebrate a 15 year franchise anniversary.  The only problem is, they're doing it in West Africa in the country of Ghana where the poverty rate is 22% and the average yearly wage is $2630 USD.  The one-day deal (one piece of chicken, two tenders, and a small fry for GH¢15, roughly equivalent to $1.35 US) ran from 9 AM to 5 PM at locations across Ghana.  The event unexpectedly drew...