Israeli Defense Minister Accuses Lebanon Army of Negligence, Dials Up Threats

Futures Rise, Oil Drops On Report Of Ceasefire Push US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of 8:00am ET S&P 500 futures added 0.1% in light trading after the Easter holiday, reversing an earlier loss of as much as 0.8%, but also off session highs. Nasdaq futures tose 0.4% with all Mag...

Group To Sue New York Over Union-Backed "Hit-Job" Law Authored by Susan Crabtree via RealClearPolitics, A national worker-rights group plans to go to federal court Monday to block a New York law it says was written to silence outreach to public employees about their right to leave their unions. The group argues the new law is an unconstitutional violation of free speech because it allows state government officials to shut down speech before a single word is conveyed. The Freedom Foundation is set to file its motion in U.S. District Court in...

U.S. Wheat Futs Hit Two-Year High As Wall Street Sounds Alarm Over Drought Shock Hard red winter wheat climbed to a two-year high by the end of the week, as our coverage of the drought shock now hitting America's Breadbasket raises serious alarm bells on commodity desks. The concern is not just reduced crop yields and quality. It is colliding with fertilizer shortages and elevated diesel prices, creating a broader inflationary transmission channel that could work its way through the food supply and translate into higher supermarket prices down the road. Hard...