The head of Ukraine’s military intelligence agency has boasted of being capable of intercepting conversations of senior Russian officials. He made the big claim in a fresh local media interview, but didn’t back it up by proof or any specifics. “Yes, we can. We get paid for this,” stated the agency’s chief, Kyrylo Budanov, to RBC-Ukraine on […]

Due to the FOMC meeting falling on a Wednesday, the Treasury is scrambling to issue this week’s coupon auctions, starting with a $58BN 3Y auction which saw solid demand when it was offered at 1pm ET. The sale of $58BN in 3 year paper priced at a high yield of 3.614%, up from 3.579% in […]

Authored by Lance Roberts via RealInvestmentAdvice.com, A recent article by Simon White, via Bloomberg, discussed the rising cost of margin debt for investors. While his analysis below compares the cost of debt to GDP, we will also consider a more critical comparison to disposable personal income (DPI). Here is Simon’s point. “Yet, where history does raise […]

Update (1324ET):  Here’s the side-by-side comparison of the Netflix versus Paramount-Skydance offers as the bidding war for Warner Bros.’ assets goes into overdrive. In markets, Netflix shares were down about 4% in early afternoon trading in New York, while Paramount shares were up nearly 10%. Fox Business reporter Charles Gasparino noted that “shares are getting […]

US consumer inflation expectations were stable in November while perceptions about households current financial situations deteriorated “notably” and perceptions about job prospects improved, according to the latest Survey of Consumer Expectations from the Federal Reserve Bank of New York. Median inflation expectations a year ahead was little changed at 3.2% last month, down from 3.24% in November, while […]

By Benjamin Pictor, senior market strategst at Rabobank US equity indices closed in on new highs on Friday as traders look ahead to this week’s FOMC meeting and place bets that monetary conditions are poised to get a little easier. Nevertheless, the US sovereign curve shifted higher by almost 4 basis points, with around half […]

Warren Buffett, 95, has still not departed the investment conglomerate he founded decades ago, and already Berkshire Hathaway is rocked by departures: this morning we learned that his investment protégé Todd Combs is leaving Berkshire for a new role at JPMorgan Chase, as a new guard prepares to take over at the sprawling $1.1tn conglomerate. […]

Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The House of Representatives voted to pass two bills on Monday that increase protections for taxpayers in matters related to penalties imposed by the IRS and tax dispute proceedings in the U.S. Tax Court. The IRS building in Washington on Jan. 9, 2025. Madalina Vasiliu […]

President Trump has continued to speak frankly about Zelensky and the Ukrainian government, at a moment of a sense of stalled frustration on the peace plan with Russia unveiled last month. His frustration with Keiv continues to show, especially after high hopes for his 28-point peace plan were dashed by yet more roadblocks which saw […]

A powerful earthquake struck offshore along Japan’s northern coast near Aomori and Hokkaido just moments ago. Japan’s Meteorological Agency has issued a tsunami alert, warning that water surges could reach up to 3 meters (about 10 feet) along parts of the northeastern coast. Prime Minister Sanae Takaichi told reporters that citizens in the affected areas […]