Iran said 35 ships passed through the Strait of Hormuz in the past 24 hours in coordination with the IRGC, the Iranian state broadcaster reported on Friday. The navy had already reported on Wednesday that 26 ships had passed through the strait within 24 hours.

Power demand on Thursday hit 271 GW, on the “fourth consecutive day when the peak power demand (solar hours) reached a new all-time high,” India’s power ministry said.

Mutual funds appear to strategically manage their cash positions around large IPOs.

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

Family members believe the man died from typhoid fever, not Ebola, and wanted to bury him...

Taxpayer-funded underground networks thrive as billions vanish into California’s failed system...

...officials reviewing the deal have questioned ReElement’s ability to scale production and meet long-term revenue targets, according to people familiar with the matter.

...rising interest rates only mean we’re in a supply-led inflation that historically resolves through demand destruction, which in turn lowers yields.

"Right now we're doing a pause in order to make sure we have the munitions we need for Epic Fury."

"We suspect investors will take the guidance in stride, given some level of conservatism..." 

Under the American Reserve Modernization Act of 2026, Bitcoin must be held for a minimum of 20 years unless used to slash national debt...

The securities regulator said it planned to penalize brokerages Futu Holdings, Tiger Brokers and Long Bridge Securities for operating on the mainland without a license, and would confiscate all “illegal gains” from their domestic and overseas entities.

 Decline is a choice...

Pressure to get back on track might encourage market-chasing...

Warsh’s arrival at the Fed is not a personnel change. It is a regime change attempt inside an institution built to prevent one...

" ... implied oil price would be $208/bbl, and if the demand elasticity was 0.1 prices would approach $372/bbl."

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

The data highlight the conundrum for the ECB. Price pressures are of clear concern, but weak activity data question whether the ECB needs to hike rates as much as markets have been expecting to rein back demand in the face of the supply shock.