Cost for fuel that powers industrial America set to remain elevated even as crude falls

Bloomberg News Now -u.s. says strait of hormuz deal could come within days -oil drops on besant comments as markets rally -semiconductor stocks surge, palantir jumps 25% -white house hosts ai firms on voluntary safety tests -anthropic signs $10b compute deal with volta infra -polymarket seeks $20b v

Cliquets, tax-aware long-short, George Santos, poor crypto decisions and dentists.

Goldman sees Brent at $80-$90 until US-Iran deal or major escalation Reuters

When wildfire smoke from Canada enveloped the northeastern US a few weeks ago, President Donald Trump seized on the extreme weather he claims is a climate change hoax to announce 50% tariffs on cheese, hockey sticks and some other 500 goods that America imports from its neighbor worth about $20 bill

Turkey calls on Russia, Ukraine to ensure Black Sea safety after drone attack Reuters

PODCAST: US munitions, Max Miller, Ceuta and Infantino's future Reuters

While I wouldn’t necessarily rely on Truth Social for facts, it occasionally serves as a barometer of President Donald Trump’s anxieties. On Monday, the needle pointed to pump prices:

While the party fractures over Middle East policy, it is ignoring the threat posed by AI and social media

The indexes for emerging-market currencies and stocks advanced on Tuesday, rebounding from an earlier selloff amid optimism the US and Iran are nearing a deal to restart peace talks.