Jamie Dimon, CEO of JPMorgan Chase (NYSE:JPM), once voiced his disapproval of Canadian Prime Minister Mark Carney‘s proposition for a coalition of “middle powers.” During the Council on Foreign Relations’ CEO Speaker Series in June, Dimon dismissed Carney’s idea as a “fantasy”. He pointed…
A top political adviser to President Donald Trump said Republicans have a viable path to retaining control of Congress in November, even as the party faces a difficult political landscape. James Blair, who took a leave of absence from his…
Fighting has intensified across the Middle East, with a key 7-million-barrel-a-day crude pipeline in Saudi Arabia temporarily closed and an Iranian-backed militia seizing territory in Yemen that allows it to disrupt a key shipping route. The disruption to the East-West…
Saudi Crown Prince Mohammed bin Salman reportedly asked President Donald Trump for military help against Yemen’s Houthi rebels on Thursday, a day before the Iran-aligned group reached a strategic island inside the Bab el-Mandeb Strait, a critical Red Sea oil…
A BRICS payment network could help the bloc expand local-currency trade and reduce reliance on Western financial channels, but building trust and common rules remains a major challenge, according to an executive of the BRICS Business Council. BRICS Payment System…
Billionaire businessman John Catsimatidis has warned that U.S. adversaries, including Russia, China, Iran, and North Korea, could seek to weaken President Donald Trump ahead of the Nov. 3 midterm election. Catsimatidis Warns Foreign Adversaries Could Target Trump On Friday, speaking…
President Donald Trump’s promise of a $5,000 "dividend" for U.S. adults, if Republicans retain control of Congress after the midterm elections, is facing questions over how the roughly $1.2 trillion payout would be financed, with economist Peter Schiff pointing to…
On Friday, Russian President Vladimir Putin accused Western powers of using increasingly aggressive tactics to protect their global influence as he called on BRICS countries to build a more independent economic platform. Putin Accuses West of Protecting Its Global Leadership…
Leveraged funds are becoming increasingly bearish on U.S. technology stocks, with short positions in Nasdaq-100 futures climbing to about $75 billion, according to Commodity Futures Trading Commission (CFTC) data collated by The Kobeissi Letter, which was highlighted in a post…
Traders spent this week repricing the Federal Reserve. The implied probability of an interest rate increase at next Wednesday’s meeting climbed from roughly a coin flip to about 90% after back-to-back inflation reports left little room to argue that price…