Fed and economy reporter with @reuters.com, ex-Wall Street Journal. Failed musician, guitar holdout, I really like pedals.
Michael Derby
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speak loudly and ask if you can borrow somebody else’s stick
The Fed's in-house watchdog says the central bank needs to do a better job of managing employee laptops: "A few laptops were still in the possession of former employees, putting data at risk of compromise."
Breaking news: Gas prices at U.S. pumps spiked above $4 a gallon for the first time since the summer of 2022, as the war in Iran sends oil costs surging.
Natural gas prices in Europe and Asia have also surged in the past month, roiling global stock markets.
Good morning to $4 per gallon across the American economy.
“Hegseth’s broker at Morgan Stanley contacted BlackRock in February about making a multimillion-dollar investment in the asset manager’s Defense Industrials Active ETF, the people said, shortly before the US launched military action against Tehran."
Totally normal stuff.
This is called “strategic defeat.” You have ended up in a worse position than before you began, with your adversary, while battered, emerging in a stronger position than before.
I mean there it is.
Again, there is a literal term that stock brokers use for the predictability of Trump backing down.
I stumbled into One Piece on Netflix and it’s very good, even better because I had no expectations.
I’m sorry, what? Trump immigration militia will purposely go after the families of new service members?
Alexandra Petri
Michael Derby
Spencer Ackerman
Joe Brusuelas
The Washington Post
Chris Murphy
Brian Finucane
Hegseth: "The president was clear this morning in his Truth that there are countries around the world who ought to be prepared to step up on this critical waterway as well. Last time I checked there was supposed to be a big bad Royal Navy that could be prepared to do things like that."
Four-byline alert: 🚨
“.. A broker for Pete Hegseth, the US defence secretary, attempted to make a big investment in major defence companies in the weeks leading up to the US-Israeli attack on Iran, according to three people familiar with the matter.”
www.ft.com/content/744e...
New: The White House is signaling that reopening the Strait of Hormuz is not a must-have to end the Iran War, potentially setting the stage for Iran to continue to flex its strategic position over one of the world's busiest oil shipping channels for the foreseeable future
A Kuwaiti tanker was struck Tuesday in Dubai’s waters, the latest in a number of attacks on energy assets that have spiked oil prices and roiled markets.
