Piousbox

From Iran’s perspective, there is a case to see the deal collapse within months. Indeed, if Tehran cannot get the benefits promised by the US because it won’t take the steps required of it, then it arguably has little incentive to keep Hormuz open.

SPCX has added $650 billion in market cap today...

Great work by Mayor Mamdani...

Firstly, the agreement is not really a ‘deal’ at all, or even a deal to have a deal, but rather a memorandum of understanding staking out a framework to discuss a deal over the next 60 days.

Nvidia became the latest company seeking to raise at least $20 billion from its first corporate bond sale since 2021. 

"SpaceX turned a competitive moat into an ocean of opportunity that we don't see others crossing. " 

“Markets would believe the deal is reached when we have the actual agreement signed and the Strait of Hormuz can be opened. For now, markets are in relief mode that further escalation can be avoided.”

The U.S. Attorney’s Office for the District of Columbia, led by Jeanine Pirro, has reportedly issued subpoenas to several major banks...

One data point has recently caused much astonishment, confusion and also anger online...

"Businesses of all sizes can now use LTL to move freight, typically ranging from one to six pallets, or between 150 and 15,000 pounds."

Services costs are accelerating but Goods prices deflated for the first time in a year...

"I'm the C.E.O. of Goldman Sachs. The A.I. Job Apocalypse Is Overblown." 

The global memory boom, with Samsung at the epicenter of the production ecosystem, appears to be generating a sudden wealth effect among some employees, with local media reporting that newly enriched chip workers are now panic-buying luxury sports cars.  A short clip from MBC News, the news division of Munhwa Broadcasting Corporation and one of South Korea's top national TV and radio broadcasters, featured at least one exotic car dealership reporting a sharp uptick in Samsung Electronics and Hynix employees seeking to buy high-end sports cars.

"My husband, Abraham, has recently been diagnosed with an extremely rare form of bone cancer..."

"The cost of living continues to be a first-order concern..."