Russia Bans Diesel Exports and U.S. Futures Spike 11.6% – the Most in Four Years
U.S. diesel futures posted their largest single-day gains in four years on Wednesday, surging 11.6% to settle at $154.71 a…
UniCredit Owns 48% of Commerzbank – and Everyone Now Agrees It Is Just a Matter of Time
UniCredit has disclosed that it now controls 48% of Commerzbank's shares following the initial tender offer period of its €45…
China’s Inflation Slows to 1% in June as Iran Ceasefire Deflates the Commodity Shock
China's consumer price index rose 1% in June on a year-over-year basis, slowing from 1.2% in May and falling below…
RBA Chief Economist Warns Supply Shocks Are Becoming Structural – What It Means for Global Economy and Monetary Policy
The Reserve Bank of Australia's chief economist has issued a pointed warning that supply-side disruptions are no longer isolated events…
BlackRock Questions the Fed’s Policy Framework as Warsh Era Approaches – What It Means for the Global Economy
BlackRock, the world's largest asset manager, has raised pointed questions about the structural foundations of monetary policy under a potential…
Federal Reserve Rate Hike Bets Return as Market Estimates Shift on Stubborn Inflation
Market pricing for Federal Reserve policy has shifted in a direction that few anticipated at the start of 2025. Futures…
Temasek Bets $60 Billion on AI Over Five Years – and Says the Rest of Its Portfolio Needs to Catch Up
Singapore's Temasek Holdings announced on Wednesday that it is targeting a near-tripling of its AI investment allocation, aiming to lift…
China Opens the Fuel Tap: 1.3 Million Tons of Diesel and Gas Clear for Export as Iran Ceasefire Holds
China has granted significantly expanded permits for oil refiners to export gasoline, diesel, and jet fuel in July, authorizing a…
Quantum Computers Could Crack Crypto by 2029 – and the $2 Trillion Industry Is Not Ready
The cryptocurrency industry is mobilizing for a defensive upgrade of the cryptographic foundations underpinning the $2 trillion global digital asset…
SpaceX Made 440,000 Millionaires. They Are Buying Meteorites, Volleyball Teams and Apple Watches
The SpaceX initial public offering has minted a new cohort of technology millionaires whose spending habits are actively confounding the…
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