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Markets wait for Trump and Iran to follow through on Hormuz threats that carry potentially catastrophic results
Wall Street is bracing for a Monday deadline that President Donald Trump set for Iran to reopen the Strait of Hormuz while the global economy reels from an energy crisis that shows little signs of abating.Futures tied to the Dow Jones industrial average fell 78 points, or 0.17%. S&P 500 futures were down 0.25%, and Nasdaq futures lost 0.32%.U.S. oil futures dipped 0.12% to…
As Trump eyes climactic battle for Hormuz, he could give Iran a ‘taste of their own medicine’ with a naval blockade that implodes the economy
A potentially decisive showdown to wrest control of the Strait of Hormuz away from Iran is taking shape, with thousands of U.S. Marines headed for the Middle East. President Donald Trump upped the ante over the weekend by vowing to destroy Iranian power plants if the strait isn’t reopened by Monday. Iran responded by threatening to target critical infrastructure around…
Exclusive: Interloom, a startup capturing ‘tacit knowledge’ to power AI agents, raises $16.5 million in venture funding
Michael Polyani, the British-Hungarian philosopher, economist, and scientist, is perhaps best known today for coining the term “tacit knowledge.” His great observation was that a large part of what constitutes expertise in any given field is never written down. In some cases, it exists only as a kind of professional intuition that even the expert can’t fully articulate. “We know…
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Yen Faces Significant Weekly Decline After Earthquake Alters BOJ Plans
The Japanese yen concluded its most challenging week against the US dollar in 16 months, impacted by the economic repercussions of a powerful earthquake that have shifted expectations around the…
