A Projectile Just Hit A Tanker Leaving The Strait of Hormuz. Oil Barely Moved. Heres Why That Should Worry You More, Not Less.
2d ago
Mortgage Rates Are Stuck Near 6.4 Percent Today. Here Is Why They Are Not Coming Down Anytime Soon.
3d ago
The White House Wanted The Most Important Crypto Law In History Signed Today. The Senate Never Even Voted.
4d ago
Iran Is Playing World Cup Games Inside The Country It Just Fought A War With And Its Own Fans Cannot Get In
5d agoMore Stories
Iran's State Funeral Begins on US Independence Day. The Man Who Replaced Khamenei Has Never Spoken to the West.
Four months after Ali Khamenei was assassinated in a US-Israeli airstrike, Iran begins a weeklong state funeral Saturday that overlaps with America's 250th birthday. His successor, son Mojtaba Khamenei, has deep IRGC ties, no public record of Western engagement, and is already a declared assassination target for Israel's defense minister.
The June Jobs Report Drops Today. Here's Everything the Fed Is Actually Watching in the Numbers.
The Bureau of Labor Statistics releases June employment data this morning — moved to Thursday from Friday due to the Independence Day holiday — with Wall Street expecting roughly 115,000 new jobs and a Fed that is now debating rate hikes rather than cuts. Here is every number that matters and why.
Gold Hit $5,589 in January. J.P. Morgan Thinks It Goes to $6,000 by December. Here's Who Is Actually Buying It.
Gold set an all-time record of $5,589.38 per ounce in January 2026 after gaining 64% in a single year, and J.P. Morgan now forecasts it reaches $6,000 by year-end — but the most important driver is not inflation or the Iran war. It's China quietly buying more gold every month than most countries hold in total reserves.
July 1 Is the Most Important Deadline in Student Loans History. Here's Everything Changing Tomorrow.
The SAVE plan is terminated, Parent PLUS loans face new borrowing caps, and over 7 million borrowers must choose a new repayment plan within 90 days — all starting July 1, 2026, in the most sweeping overhaul to federal student lending in decades.
The Supreme Court Just Decided Trump Can't Fire the Fed. Markets Were Watching This Closely.
In a 5-4 ruling, the Supreme Court blocked Trump from removing Federal Reserve Governor Lisa Cook, preserving central bank independence even as the same court expanded presidential power over nearly every other federal agency in a separate decision issued the same day.
The Fed Was Supposed to Cut Rates This Year. Now It Might Hike Them.
May PCE inflation jumped to 4.1%, the highest print since early 2023, and a Minneapolis Fed official has now penciled in a rate increase for 2026 — a complete reversal of everything markets were pricing in at the start of the year.
Nvidia Is Now Worth $4.67 Trillion. Here's What Could Actually Break the Run.
Nvidia's market cap hit $4.67 trillion on June 28, making it the most valuable public company in history — worth more than the entire stock markets of Canada and the UK combined. The bull case is obvious. The three risks that could end it are not.
Iran Hit US Bases in Kuwait and Bahrain Two Weeks After Signing a Peace Deal
Iran's Revolutionary Guard struck US military facilities in Kuwait and Bahrain with missiles and drones on Sunday after the US launched fresh strikes on Iranian coastal targets, marking the most serious breach of the Versailles interim agreement since it was signed on June 18.