US, Iran, Mediators In Ceasefire Talks Before Promised Catastrophic Escalation: Axios With a potential globally-catastrophic escalation looming on Tuesday, Middle East mediators are communicating with Iran and the United States about a proposed 45-day ceasefire , Axios reported Sunday evening. The ceasefire is being positioned as the first of a two-phased deal, with the second phase being a negoti...
US, Iran, Mediators In Ceasefire Talks Before Promised Catastrophic Escalation: Axios With a potential globally-catastrophic escalation looming on Tuesday, Middle East mediators are communicating with Iran and the United States about a proposed 45-day ceasefire , Axios reported Sunday evening. The ceasefire is being positioned as the first of a two-phased deal, with the second phase being a negotiated, permanent end to the war that Israel and the United States started with a surprise attack on Feb. 28 amid ongoing negotiations. The slim ray of hope comes after President Trump issued a profane, Easter Sunday threat to make life miserable for 90 million Iranians whom he just weeks ago promised to liberate: "Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin' Strait, you crazy bastards, or you'll be living in Hell." How it started vs. how it's going. pic.twitter.com/LNgxOsF5GK — Brandan P. Buck (@brandan_buck) April 2, 2026 In addition to vitriol, Trump's social media posts also brought an extension of what had been a 10-day deadline for Iran to open the Strait of Hormuz -- a deadline that was initially set to expire on Monday evening. Now Trump says Iran has until 8pm on Tuesday . In the interim, Trump has scheduled a 1pm news conference on Monday . The described it as a press conference "with the military," suggesting it may be focused on celebrating US Special Forces' retrieval of a downed US Air Force weapons officer over the weekend. Held in the Oval Office, it may be open to only a small subset of the White House press corps. The combination of the ever-so-slightly encouraging Axios report and the Trump presser could make for the latest of many market whipsaws since the war started. Trump told Axios that there are "deep negotiations" ongoing with a "good chance" of success. On the other hand, he was quick to add that "if they don't make a deal, I am blowing up everything over there." T...
Alex Wroblewski/Getty Images News JPMorgan Chase ( JPM ) CEO Jamie Dimon said in the company's latest shareholder letter that the U.S. “will maintain the strongest military and strongest economy” and detailed plans to utilize over $1T to tackle large-scale policy issues. “With the right policies and committed actions, the United States will maintain the strongest military and strongest economy and...
Alex Wroblewski/Getty Images News JPMorgan Chase ( JPM ) CEO Jamie Dimon said in the company's latest shareholder letter that the U.S. “will maintain the strongest military and strongest economy” and detailed plans to utilize over $1T to tackle large-scale policy issues. “With the right policies and committed actions, the United States will maintain the strongest military and strongest economy and will remain the bastion of freedom and the arsenal of democracy,” Dimon wrote. But “no country has a divine right to success.” The bank recently unveiled the “American Dream Initiative” to expand opportunities at the community level. It further pledged $1.5T to boost the country’s economic security and resiliency under its “Security and Resiliency Initiative” in October 2025. "As part of this endeavor (Security and Resiliency), we will make direct equity and venture capital investments, with an initial amount of $10 billion, to help companies enhance their growth, spur innovation and accelerate strategic manufacturing,” Dimon said. Dimon’s letter also highlighted geopolitical risk, noting that the U.S.-Israel war on Iran risks oil and commodity price shocks. "Time will tell whether the current war in Iran achieves our short-term and long-term objectives in the region and at what cost," he wrote. He also noted that Europe is also “on a bad path” and called for a free trade agreement with “all of Europe.” Dimon also noted that private credit “ probably does not ” pose a systemic risk, but warned of higher-than-expected losses on leveraged lending due to weakened credit standards. More on JPMorgan Chase Option Activity Is Bullish For JPMorgan And Financial Sector (Technical Analysis) JPMorgan Chase: Hold On Mixed Signals JPMorgan Chase: I'm Starting To Get Interested Under $300 With The Dividend Yield Above 2% Most and least shorted large-cap financial stocks at the end of March Iran threatens attacks on Nvidia, Apple and other tech majors: report
Olivier Le Moal Newpath Resources ( RDYFF ) has terminated a mineral acquisition agreement with NatBridge Resources, dated February 10, 2025. This agreement was about acquiring 100% rights to certain mineral claims in the Northshore Gold Property in Ontario. The termination occurred because the Purchaser did not make required payments. Following the termination, the Purchaser holds no interest or ...
Olivier Le Moal Newpath Resources ( RDYFF ) has terminated a mineral acquisition agreement with NatBridge Resources, dated February 10, 2025. This agreement was about acquiring 100% rights to certain mineral claims in the Northshore Gold Property in Ontario. The termination occurred because the Purchaser did not make required payments. Following the termination, the Purchaser holds no interest or title to the Property, and Newpath maintains a full 100% interest in it. More on Newpath Resources Inc. Financial information for Newpath Resources Inc.
Analysts led by Yulia Zhestkova Grigsby, a commodities strategist, looked at product supplies, price responses and anecdotes to address the issue of whether the global economy is running short of oil.
Analysts led by Yulia Zhestkova Grigsby, a commodities strategist, looked at product supplies, price responses and anecdotes to address the issue of whether the global economy is running short of oil.
Adam Smigielski/iStock via Getty Images Vertical Aerospace Ltd. ( EVTL ) announced on Monday that it completed the first piloted thrustborne transition in a full-scale eVTOL under UK Civil Aviation Authority oversight, with the aircraft taking off vertically and then smoothly transitioning into wingborne flight. The company described the development as a major milestone because it proved one of th...
Adam Smigielski/iStock via Getty Images Vertical Aerospace Ltd. ( EVTL ) announced on Monday that it completed the first piloted thrustborne transition in a full-scale eVTOL under UK Civil Aviation Authority oversight, with the aircraft taking off vertically and then smoothly transitioning into wingborne flight. The company described the development as a major milestone because it proved one of the hardest parts of eVTOL flight, which is transferring lift from propellers to wings in real conditions at full scale. The flight was flown by test pilot Paul Stone on April 2 at Vertical Aerospace's ( EVTL ) Cotswold Airport test center, and it marks the first half of the aircraft’s two-way transition sequence. The company noted that the next step is completing the return from wingborne flight back to vertical landing, which would unlock the full runway-free mission profile for its Valo aircraft . The milestone was achieved concurrently with Vertical Aerospace ( EVTL ) announcing an agreement in principle for a financing package of up to $850M on March 30 to provide immediate capital and access to additional flexible capital as the company continues to progress towards type certification and the commencement of commercial operations. "This marks a turning point not just for Vertical Aerospace, but for the entire advanced air mobility industry. Achieving piloted thrustborne transition under active regulatory oversight—alongside the recently announced financing package—demonstrates that we have solved the hardest engineering challenges, have the regulatory relationships to complete certification, and now have the financial foundation to see this through to commercial service," highlighted CEO Stuart Simpson. Shares of Vertical Aerospace ( EVTL ) were up 0.9% in premarket action on Monday. The eVTOL stock is down more than 50% on a year-to-date basis. Short interest stands at 6.2% of the total float. More on Vertical Aerospace Vertical Aerospace: Liquidity Crisis Deepens As T...
A woman and her daughter died and 4,000 people had to be evacuated when a dam wall broke in Russia’s Dagestan republic in the south of the country following heavy rain, the Civil Protection Ministry reported on Monday. Another person died in a landslide, authorities said. Around 2,000 homes were flooded in the Derbent region on the Caspian Sea. The bodies of the woman and her daughter, a child, we...
A woman and her daughter died and 4,000 people had to be evacuated when a dam wall broke in Russia’s Dagestan republic in the south of the country following heavy rain, the Civil Protection Ministry reported on Monday. Another person died in a landslide, authorities said. Around 2,000 homes were flooded in the Derbent region on the Caspian Sea. The bodies of the woman and her daughter, a child, were found, but other people remain missing. Social media videos showed flooded villages and highways...
matejmo/iStock via Getty Images Markets play an expectations game, and in March 2026, we saw the process play out, with all of its upsides and downsides. The month started with a war in the Middle East, which quickly percolated into soaring oil prices and dropping stock prices, but the overwhelming factor was uncertainty about almost every dimension of the war - how long it would last, what perman...
matejmo/iStock via Getty Images Markets play an expectations game, and in March 2026, we saw the process play out, with all of its upsides and downsides. The month started with a war in the Middle East, which quickly percolated into soaring oil prices and dropping stock prices, but the overwhelming factor was uncertainty about almost every dimension of the war - how long it would last, what permanent changes to oil prices would emerge as a consequence, and how global governments and economies would respond to these changes. As we reach the end of the month, rather than getting answers, we face more questions, and not surprisingly, markets are volatile, not just on a day-to-day basis but in intraday trading, driven as much by rumors and conjecture as by facts. In keeping with my view that it is during periods of maximal uncertainty that you need perspective and to get back to basics, I will focus my attention on market behavior in March, and what we can learn from that behavior, as a precursor for the months to come. The Market Narrative in March We live in an age of commentary, as self-proclaimed experts offer prognostications, half-baked or otherwise, about what is to come, and the Iran war, with its mix of politics, economics, and religion baked in, has drawn a large and extremely diverse set of expert forecasts. Given the strong priors (about Iran and Trump) that many of these experts bring to the game, it should not be surprising that their views about how the war will play out and the effect on markets are driven by those priors. It is up to markets to reconcile these contradictory perspectives and come to a consensus, and I will try to extract from market behavior what the market narrative is leading into April 2026, with the recognition that it could be wrong and change overnight in good and bad ways. That said, over the last decade, I have learned that the market is far better at making sense of complexity and uncertainty than experts are, and it behooves us...
It can be difficult to decide whether to claim Social Security benefits or delay them to a later age, when you would likely receive higher benefits. Since retirees can claim as early as age 62 and increase their benefits by waiting up until 70, there's a lot that goes into the decision since there's a big discrepancy in the amount depending on when they claim. If you're thinking about delaying Soc...
It can be difficult to decide whether to claim Social Security benefits or delay them to a later age, when you would likely receive higher benefits. Since retirees can claim as early as age 62 and increase their benefits by waiting up until 70, there's a lot that goes into the decision since there's a big discrepancy in the amount depending on when they claim. If you're thinking about delaying Social Security , here's what the math looks like in 2026. Retirees can apply four months in advance to start receiving benefits in their first full month as a 62-year-old. Continue reading
Allbirds wasn’t just the unofficial footwear provider of Silicon Valley—its initial public offering in 2021 tapped into the tech sector’s ethos by giving the company’s founders disproportionate sway in how it would be run. Salad chain Sweetgreen eyewear seller Warby Parker language-learning app Duolingo and social network Snap all have share classes with extra votes for founders and each has incin...
Allbirds wasn’t just the unofficial footwear provider of Silicon Valley—its initial public offering in 2021 tapped into the tech sector’s ethos by giving the company’s founders disproportionate sway in how it would be run. Salad chain Sweetgreen eyewear seller Warby Parker language-learning app Duolingo and social network Snap all have share classes with extra votes for founders and each has incinerated billions in shareholder wealth recently. The structure had a revival last year with companies like Klarna, Figma and StubHub.
Acuity Inc. is well-positioned to illuminate the world of AI with its automated products, which are critical to smart buildings and cities of the future.
Acuity Inc. is well-positioned to illuminate the world of AI with its automated products, which are critical to smart buildings and cities of the future.
Pakistan’s economy, already under strain from soaring oil prices, is facing a new setback after it failed to reach agreement with the United Arab Emirates to roll over $3 billion in debt for the first time in seven years. The loan amounts to about 18% of Pakistan’s foreign exchange reserves, putting significant pressure on the country’s external buffers and threatening the currency at a time when ...
Pakistan’s economy, already under strain from soaring oil prices, is facing a new setback after it failed to reach agreement with the United Arab Emirates to roll over $3 billion in debt for the first time in seven years. The loan amounts to about 18% of Pakistan’s foreign exchange reserves, putting significant pressure on the country’s external buffers and threatening the currency at a time when high crude prices are draining its coffers. Pakistan’s reserves stood at $16.4 billion as of March 27, enough to cover three months of imports. It’s unclear what prompted the UAE to call in the loan now. Pakistan’s Ministry of Foreign Affairs said April 4 the move was a “routine financial transaction,” seeking to downplay speculation of a possible political fallout between the two countries. Local media reports pointed to a breakdown in negotiations over the terms of a rollover. Pakistan managed to stabilize its economy in recent years with the help of loans from the International Monetary Fund and friendly donors like the UAE, China and Saudi Arabia. That helped Pakistan rebuild its reserves and steady the currency, which has traded in a range of 278–282 against the dollar before the Iran conflict began. The rupee has been little changed since the beginning of March while the nation’s benchmark KSE-100 Index is down 15% after years of global outperformance. To offset the outflow of funds, the central bank may be forced to take unpopular steps, analysts said, such as restricting imports, raising interest rates or borrowing more from commercial banks. “The UAE repayment was unexpected and lacked prior arrangement,” said Mohammed Sohail, chief executive officer at Topline Securities Ltd. “We think the central bank will opt for the old method of borrowing through commercial banks dollar swaps. The IMF doesn’t like this and there are quarterly limits but this is a window that is available.” IMF Instalment Draining reserves further, the government is due to make a $1.3 billion b...