It’s not just Hormuz. Another war is providing fresh price shocks to fuel and food.
The Middle East conflict overshadows outages in Russia and a ‘massive impact’ on diesel supplies
The Middle East conflict overshadows outages in Russia and a ‘massive impact’ on diesel supplies
Estate-planning crises usually come down to small oversights.
Estate-planning crises usually come down to small oversights.

US yields reach highs of the day after Scott Bessent’s Treasury buyback operation undershoots its target

US yields reach highs of the day after Scott Bessent’s Treasury buyback operation undershoots its target
A former Anthropic employee said he was quitting this week and that AI companies are “gambling with our lives.”
A former Anthropic employee said he was quitting this week and that AI companies are “gambling with our lives.”
“It always baffled me how some people managed to retire with significant wealth.”
“It always baffled me how some people managed to retire with significant wealth.”

Global bond sell-off reignited by confluence of higher oil prices, sticky US inflation and ECB’s decision to raise interest rates
Oil prices were at their highest levels since late May, while rising wholesale inflation data sent benchmark 10-year yields closer to the key 5% level.

President’s pledge to give cash to all American adults if Republicans win midterms will be at heart of his party’s campaign