'You're Either With Us Or Against Us': Bessent Doubles Down On Economic War Against Iran After Midterms

Russia Accused Of Helping Iran Develop Carrier-Killing Supersonic Cruise Missiles Yet another major allegation against Russia has emerged this week in the pages of the London-based Financial Times, which says that Moscow has been helping Iran develop supersonic cruise missiles, in a clandestine program that has been ongoing throughout the war with the US and Israel. Early in the conflict, it was widely reported that advanced and ultra-fast weapons were used against Israel, which might help explain why the small Mediterranean country suffered so much damage. The FT cited as part of its...

Mullin Blasts Biden Admin After DHS Employee Killed By Naturalized Felon On Monday, Lauren Bullis, a 40-year-old Department of Homeland Security (DHS) employee, was "brutally shot and stabbed to death" while walking her dog, and DHS Secretary Markwayne Mullin is blaming the Biden administration for her murder. Olaolukitan Adon Abel (left) and Lauren Bullis (Photos: DHS) Bullis, an auditor with the DHS Office of Inspector General, was found on Battle Forest Drive in DeKalb County, Georgia, around 6:50 a.m. Witnesses saw a man standing over her body before he fled. She was...

Why CME Is Really Suing The CFTC Over Perps Authored by David Christopher via Bankless.com, CME wants Kalshi's Bitcoin perp reclassified as a swap, not banned. That distinction reveals what's actually at stake in the CFTC lawsuit. Yesterday, CME, the country's dominant derivatives exchange, sued the CFTC over its recent approval of regulated crypto perpetual futures. The exchange argues Kalshi's  Bitcoin perp should be treated as a swap, not a futures contract, a classification shift that would push the product into a more restrictive, institution-facing rulebook. The CFTC called the suit "frivolous" and said it looks forward to dismissing...