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Grassley Says He Won't Delay Kavanaugh Hearing As Moderate Republicans Fall In Line
Democrats' Hail Mary play to stymie the confirmation of Trump SCOTUS pick Brett Kavanaugh is beginning to fizzle out. As angry Dems demanded that a Monday hearing on the allegations against Kavanaugh ...
Tilray Goes Parabolic: Stock Soars 40% Premarket, Market Cap Hits $20 Billion
Less than a year ago, traders watched in dumbfounded amazement as bitcoin soared every day as momentum chasers were hooked. Now, it's all about pot stock Tilray, which is up another 40% on Wednesday m...
Nine "Fascinating" Stats About Inflation
In a report on the history (and future) of inflation from Deutsche Bank's Jim Reid, the credit strategist notes that while it may not feel like it, but we live in inflationary times relative to long-t...
North Korea Pledges To Dismantle Nuclear Reactor, Shutter Missile Launchers
North Korean leader Kim Jong Un has proven in the past that he would be willing to say anything to keep South Korea and the US at the bargaining table, even if he doesn't intend to follow through. And...
China Will "Never" Devalue Currency To Boost Exports, Premier Vows
The Chinese yuan rose for a second day after Premier Li Keqiang echoed previous comments from the PBOC when he stressed that China will not weaponize its currency and will not stoop to competitive dev...
Global Stocks Rally As Asia Shrugs Off Trade War Fears
Global equities rallied for a second day on Wednesday with US futures flat while European shares edged higher following a strong session in Asia as safe-havens such as US Treasurys and the Japanese ye...
Surprise Inventory Build Sends Crude Prices Lower
From Tyler Durden: WTI prices rebounded back above $69 today after Saudi headlines and inched higher still into the API print. However, prices slipped lower after crude inventories saw a surprise bui...
Oil Prices Are Stagnating Again
From Jill Mislinski: It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are unchanged from last week. Acc...
Danske Bank CEO Quits As Money Laundering Scandal Swells To $234 Billion
Estimates of Danske Bank's staggering fraud have grown since news that the US had launched an investigation broke last week. Since then, the total amount laundered through the bank by shadowy figures ...
Transition Time: Volkswagen Announces "Electric For All" Campaign
Authored by Mike Shedlock via MishTalk, Volkswagen is transitioning away from diesel. Today it announced "Electric for All". With a world premiere of a new modular electric drive matrix, Volkswag...
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