After nearly seven years off the menu, Starbucks is reportedly bringing back one of its most requested summer beverages, signaling a notable shift in how the company balances nostalgia-driven offerings with modern menu innovation. Following Read more…
Tesla (TSLA) permabull Cathie Wood is all in on Full Self-Driving (Supervised), calling it the “most impactful AI project out there” while predicting that FSD would drive Tesla to a $2,000-per-share valuation by 2027. The Read more…
Inflation is running at 3.8%. The Iran conflict is pushing energy prices higher. Markets have priced out rate cuts entirely through at least 2027. It would be easy to assume the Federal Reserve is preparing Read more…
While the prices of jet fuel showed some modest signs of improvement at the start of the month, the difficult situation set off by the U.S.-Israeli strike on Iran has already dealt the final blow Read more…
Three months into the Iran War, vessel traffic through the Strait of Hormuz is still running more than 90% below normal levels. Base chemicals have risen faster than at any point on record. Asian petrochemical Read more…
Just as investors were becoming comfortable with the idea of a US-Iran agreement, oil markets received a sharp reminder of how fragile that assumption remains. Reports from Iran’s state-affiliated Tasnim news agency indicated that Tehran Read more…
Markets Weekend comments by ECB members added to the June rate hike case which is now almost fully discounted (95% probability) as negotiations on an interim deal between Iran and the US drag on. Bulgarian Read more…
US manufacturing activity accelerated in May, with ISM Manufacturing PMI rising from 52.7 to 54.0, well above expectations of 52.6 and marking its highest level since May 2022. The report points to a broadening recovery Read more…
I remember the moment clearly. I was in the Nike store at the Orlando International Premium Outlets on the tail-end of a vacation that took us down the Eastern seaboard by car, stopping in cities Read more…
Brent oil price rose around 2% in early Monday trading (on track for the first daily gain after being eight days in red), following fresh escalation in the Middle East (escalation in Lebanon and fresh Read more…