A Bond Issued at Par in June Now Trades at 85 Cents, and Jet Fuel Is Why
WestJet has had three rating downgrades in a year, a strike, and 10 cancelled US routes.
An Unconfirmed Peace Proposal Took Oil From $110 to Down 2% in a Session
The entire inflation case currently rests on a diplomatic rumour from Qatar and Pakistan.
Washington Wants India to Refine Venezuelan Crude Instead of Russian, While Itself Arranging Russian Diesel
Jamnagar is one of the few complexes that can process heavy, waxy Venezuelan barrels at scale.
Oracle Invoked Force Majeure Against Its Own Developer, and Blue Owl Is Raising $6 Billion Against the Same Model
Activists found the attack surface is water and air permits, which community payments do not address.
A Startup Beat Palantir and Thales for an $875 Million FAA Contract, and Just Raised at $3 Billion
One signed federal contract equals roughly 29% of the company's valuation. That is why it could raise.
BofA Paid 6.25% for These Notes Last Year. It Is Talking 7.5% Now
Identical structure, 15 months apart, 130 basis points worse. This repricing is not confined to AI borrowers.
The AI Trade Has Become a Credit Story, and Two Analysts Agree on That While Disagreeing on the Price
Markets are asking who is funding this, on what terms and with what margin of safety. Nomura says they're over-penalising...
Ignore the 5.2% Drop in Housing Starts. Permits at a Three-Year Low Are the Number That Counts
The government's own confidence interval spans a 17% decline to a 6.6% gain. The corroborating series are far clearer.
Amazon Is Adding 20% More Holiday Workers While Online Spending Grows 6.7%
UPS is cutting Amazon volume to chase margin. Amazon appears to be hiring to replace it.
One Fund Took $665 Million While the Rest of the Bitcoin ETFs Lost $139 Million
BlackRock's bitcoin fund had its best day in a year. Its ether fund drove 92% of that complex's outflows.
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