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Sen. Elizabeth Warren questioned what the nearly eight-month U.S. war with Iran has accomplished, citing as many as 23 U.S. service-member deaths and more than $45 billion in costs. Pentagon data listed 21 deaths and 865 wounded as of Oct. 10.
President Donald Trump said the U.S. is not negotiating with Iran and said the war could end “very soon.” He said the U.S. could leave now but wants a lasting outcome. Brent crude rose 3.38% to $112.50 a barrel on Thursday.
The State Department ordered non-emergency U.S. government employees and their family members to leave Saudi Arabia, citing increased Houthi hostilities. An attack at King Fahd International Airport in Dammam killed one person and injured eight, according to Saudi Arabia’s civil aviation authority.
Goldman Sachs estimates Russian diesel shipments scheduled for October and November could reduce wholesale prices by just $1 to $2 per barrel on the U.S. Gulf Coast and in Europe. The proposed 4.8 million metric tons would cover about 10 days of U.S. demand, according to the report.
Anthony Scaramucci said Trump dismissed intelligence about Iran’s Mosaic Defense Doctrine, which he described as a decentralized strategy designed to let military units keep fighting if senior leaders are killed or communications are disrupted. Scaramucci called the decision a “major disaster.”
President Donald Trump’s announcement of a major Russian diesel supply deal has drawn criticism from Democrats and political commentators, who argue it could undermine pressure on Moscow over its war against Ukraine. Trump Announces Millions of Tons In Russian Diesel Supplies On Friday, Trump said that Russia would sup
United Airlines says flyers will be able to watch almost every MLB playoff game via DISH streaming supported by Starlink. The airline also said it is offering a status match for Delta and American Airlines loyalty members.
Delta Air Lines Chief Executive Ed Bastian said wealthier U.S. households are spending more on travel and helping premium demand stay strong. He also said the carrier's fourth-quarter guidance, including forecast revenue growth of 20%, reflects resilience to higher fuel costs.
Morgan Stanley said it remains positioned in intermediate Japanese government bonds, expecting shorter- and longer-tenor bonds to underperform. The bank cited faster Bank of Japan hike pricing and shifting pension-rebalancing expectations.
Market Talk comments pointed to euro resilience versus French fiscal worries, rising French sovereign credit risk and steadying Treasury yields. The roundup also cited Germany’s improved growth outlook and an upcoming Canadian jobs report.
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
Gold futures advanced in early European trade as the dollar softened and oil prices fell. Traders were also reassessing the inflation and interest-rate outlook.
Analysts gave mixed reactions to Porsche’s investor event, with UBS calling the medium-term plan reassuring and Jefferies highlighting more modest guided margin expansion. Jefferies kept a hold rating and UBS reiterated buy with a 60 euro target.
Bitcoin rose 0.9% to $82,468 after touching a two-and-a-half-week low, as risk appetite improved on hopes of diplomatic progress in the Middle East conflict. The move also came as oil prices eased and the dollar softened.
US Vice President JD Vance said Iran must meaningfully reduce its nuclear enrichment capacity to end the countries' seven-month war, adding that Washington is unsure how Tehran makes decisions in negotiations. Vance said any agreement would require concrete Iranian nuclear concessions, not just assurances of future dra
On Friday, Iran threatened a more devastating military response to any future attack as the Pentagon prepares a major troop buildup in the Middle East and President Donald Trump reportedly considers resuming strikes after the November midterm elections. Pentagon Deploys 10,000 More Troops As Trump Weighs Iran Strikes T
Reuters day-ahead report says Brent is up about 2%, yields are higher and markets are pricing no Fed cut until mid-2028. It also flags Dallas Fed manufacturing data and several central bank speeches later in the week.
Reuters preview says Brent is up about 2% after Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, while fund futures price a 66% chance of a Fed hike in October. The note also points to the Dallas Fed manufacturing survey and speeches by Fed, ECB, BoE and Norges Bank officials.
Iranian President Masoud Pezeshkian reportedly said on Thursday that the country is willing to make a peace deal with the U.S. before the November midterms. Pezeshkian Counters Trump’s Claim Speaking on the sidelines of the United Nations General Assembly, Pezeshkian said Iran does not want talks to stretch until the e
Peter Schiff, Chief Economist & Global Strategist at Euro Pacific Asset Management, once advised that starting a business is the path to success in life. Schiff on Building a Successful Business In a December conversation with SkyBridge Capital founder Anthony Scaramucci, Schiff said dividends are high if people are wi
President Donald Trump said the Iran war would end immediately after the November midterm elections, while a Wall Street Journal report said senior White House officials have discussed the conflict lasting until January 2029. The article also noted Sen. Elizabeth Warren’s criticism and cited WTI and Brent prices.
The EIA now expects Brent crude to average about $91 a barrel in 2026 and WTI $84.65, both higher than its prior forecast. The agency said global oil stocks have fallen by an estimated 400 million barrels this year and cited reduced Middle East production and exports.
Economist Peter Schiff said the Trump administration’s Strategic Petroleum Reserve drawdown could leave the U.S. with less protection against future oil supply shocks. He cited oil above $95 a barrel and said prices are rising amid U.S.-Iran tensions.
Trump said Wednesday the Iran war will end “immediately after” the November midterm elections. Peter Schiff called the comment his “latest lie” and said any delay would add upward pressure on oil prices and interest rates.
President Trump said the Iran war is likely to continue until “right after” the Nov. 3 midterm elections. He added that significant relief from elevated gasoline prices would not come before then, implying no near-term de-escalation.
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
Apple seeks US approval to source memory chips from Chinese blacklisted company