Iran is still getting fuel out despite the U.S. naval blockade, per Reuters
It has reportedly exported 4.1 million barrels of liquefied petroleum gas on at least eight tankers since July.
A separate shipment of Iranian jet fuel made it to Myanmar, and some of the LPG cargoes were likely headed to China.
Hillary Clinton 2008:
"I want the Iranians to know that if I am President, we will attack Iran."
"Whatever stage of development they might be in their nuclear weapons program .... during which they might foolishly consider launching an attack on Israel"
CNBC is sugarcoating the U.S. economy. They reported that the recent inflation data shows that inflation isn't coming down as fast as the Fed expected. It's not that inflation is coming down too slowly; it's that it's not coming down at all. In fact, the rate is rising rapidly.
Inflation update:
1. US CPI Inflation: Up to 3.7%, nearly 2x Fed's target
2. US PPI Inflation: Up to 6.3%, over 3x Fed's target
3. US Core PPI Inflation: Up to 5.0%, 2.5x Fed's target
4. US PCE Inflation: Last at 3.4%, 1.7x Fed's target
5. Brent Crude Oil: Up to $106/bbl, up +73% YTD
6. Fuel Oil Inflation: Up +74% year-over-year
September officially marked the 67th-straight month with CPI inflation above the Fed's 2% target.
The US Dollar has lost nearly one-fourth of its value in 5 years.
The time to take action is now.
More on our view below:
@FirstSquawk Trump said the reduction in refineries is causing fuel prices the sky rocket, yet he is destroying more of them. Make this make sense…….again if this war is all about Iran having nukes why are we targeting oil infrastructure???
U.S. PRESIDENT TRUMP SAYS THAT ONCE MUNITIONS ARE STOCKED, HE WILL LET ALLIES BUY THEM, ADDING THAT THERE ARE ‘PLENTY OF OTHER TARGETS BESIDES REFINERS TO HIT’
🚨 #BREAKING: OpenAI warns employees that spies could be trying to seduce them; women may not be with them for their personalities.
📍Silicon Valley, CA
“If she’s a 6 or above in San Francisco she’s a spy” warned one commentator.
DEUTSCHE BANK SAYS BUY COREWEAVE DIP — SEES 128% UPSIDE
Deutsche Bank maintains its Buy rating on CoreWeave ($CRWV ) with a $150 price target, implying 128% upside from Wednesday's close.
Despite shares plunging over 15%, the bank sees no company-specific fundamentals that justify the selloff.
Analysts highlight CoreWeave's strong AI infrastructure demand and partnerships with Nvidia ($NVDA), Dell ($DELL), Meta ($META) and OpenAI.
BREAKING: A developer used AI to build free, open-source alternatives to Microsoft Word, Excel and PowerPoint.
Brandon Thomas, creator of ArtCraft, a suite of free tools meant to replace Adobe’s apps, built GridCraft, DeckCraft and WordCraft with Anthropic’s Claude, per Tom’s Hardware.
All three are free to download on GitHub.
US CPI inflation has been above the Fed's actual statutory target for longer than that. When will a reporter ask Chairman Warsh about whether he follows the law, or makes things up on his own?