Explosion heard near Iran's Larak Island, Fars news agency reports

The Treasury basis trade, as cynics like to say, is akin to picking up pennies in front of a steamroller. Except the pennies are getting harder and harder to find. Returns in the popular hedge fund strategy have dwindled to a few basis points, as large dealers muscle in on the trade. Many firms are…

Walmart has signed an industrial lease in Miami-Dade County, likely spanning more than 130,000 square feet. The retail giant inked a deal at Seagis Property Group’s newly completed warehouse at 10900 Northwest 138th Street in Medley, facing West Okeechobee Road near the Florida Turnpike, property records show. The 16-year lease includes three five-year extensions.  SEE…

by Calculated Risk on 1/09/2026 01:12:00 PM The Federal Reserve released the Q3 2025 Flow of Funds report today: Financial Accounts of the United States. The net worth of households and nonprofits rose to $181.6 trillion during the third quarter of 2025. The value of directly and indirectly held corporate equities increased $5.5 trillion and…

Meta is trying every angle it has to make its artificial intelligence (AI) bet pay off. It has spent more than $100 billion building the infrastructure. It has restructured its research division around what CEO Mark Zuckerberg calls “personal superintelligence.” It has pushed AI into ad targeting, into WhatsApp business tools, into Ray-Ban smart glasses….

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