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Bessent Says US Is ‘Suffocating’ Iran With Oil Industry Creaking
(Bloomberg) - Treasury Secretary Scott Bessent said the US is “suffocating” Iran with economic and financial pressure, suggesting that the rulers in Tehran will eventually buckle.
Kevin Warsh Says He Favors A More Dynamic Approach To Monetary Policy
Incoming Federal Reserve Chair Kevin Warsh signaled during his confirmation hearing that he favors a more dynamic and openly debated approach to monetary policy deliberations, suggesting that more rigorous internal disagreement can ultimat
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Black Swan Hedge Fund Says Fed Rate Cuts Will Signal Market Crash
Mark Spitznagel is warning that investors make the most of recent economic optimism, as a shift to lower rates will signal a dramatic market crash.
Costco Gold Bar Buyers Are Finding Resale Challenging
Costco buyers of gold bars are learning the intricacies of commodity trading the hard way. They are finding out it's easier to buy than sell.
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him.
JPMorgan Warns Stock Market Sell-Off Has 'Further to Go'
Stocks rebounded from their recent slump on Monday, but some bearish Wall Street strategists still see concerns that aren't going away anytime soon.