Iran says deal on Strait of Hormuz is close but is not enough to open the waterway

Federal Reserve Chair Kevin Warsh.Bloomberg News Processing Content Key insight: The labor market remains at or near full employment — as it has for roughly the past five years — but the negative reading bolsters the argument of a softening labor market as the Federal Open Market Committee weighs a rate hike in September. Expert…

I was diagnosed with breast cancer a year ago, and with Breast Cancer Awareness Month underway, I have a confession that feels almost sacrilegious: I hate breast cancer culture. I hate the “fighter” and “warrior” labels I didn’t ask for, and I especially hate the over-the-top pink branding that I see so much. I didn’t…

Light Volatility and Modest Gains Ahead of CPI Tue, Oct 13 2026, 2:53 PM Light Volatility and Modest Gains Ahead of CPI Bonds were modestly stronger in the overnight session in a move that is easiest to attribute to ongoing supportive buying in response to recently higher yields in the long end…

Fintel’s interim mortgage revenue increased by 10% year-on-year to £2.2m, outpacing growth across its wider services division. Services revenue rose from £18.3m to £18.4m over the same period, with mortgage revenue recording considerably stronger growth. The report highlighted the “potential” of “highly intermediated markets such as mortgages and protection”, adding that “technology, data and…

This weekly update tracks some of the largest cryptocurrencies by market share: Bitcoin and Ether. While both are considered high-risk assets, they possess foundational differences that investors should understand. We have also included XRP, as it was one of the largest cryptocurrencies when this series began. By definition, a cryptocurrency is a digital asset designed to work…

by Calculated Risk on 1/11/2026 08:12:00 AM Hotel occupancy was weak in 2025.   It is difficult to tell early in the year because travel is always weak in early January.  From STR: U.S. hotel results for week ending 3 January The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through…