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TMX Group Further Consolidates Canadian Market With Purchase Of CBOE Canada, CBOE Australia

The global exchange landscape is shifting as TMX Group (TSX: X), the operator of the Toronto Stock Exchange, moves to solidify its international footprint. The company announced a definitive agreement to acquire Cboe Australia and Cboe Canada from Cboe Global Markets (CBOE: CBOE) for approximately C$409 million in cash. The deal marks a significant expansion […]

China’s Silver Hunger Hits Record Levels—and Goldman Warns the Global Market Is Starting to Fracture

China imported approximately 836 tonnes of silver in March, the highest monthly total ever recorded, as demand from the country’s solar manufacturing sector and retail investors simultaneously overwhelmed domestic supply, according to Chinese customs data reported by Bloomberg. The March figure is 78% above February’s 470 tonnes — itself a record for that month — […]

Pentagon Supercharges Drone Spending as Trump Sons Close Drone Deals

President Donald Trump’s fiscal 2027 defense request puts drones at the center of the Pentagon’s next spending cycle, with senior defense officials outlining $53.6 billion for autonomous drone platforms and warzone logistics and roughly $54 billion for the Defense Autonomous Warfare Group, up from about $225 million previously. This turned one of the Pentagon’s smallest […]

China Threatens to Withhold Emergency Energy from the Philippines Over US Military Drills Near Taiwan

China warned Tuesday that emergency energy supplies for the Philippines may not be forthcoming if Manila continues joint military exercises with the United States near Taiwan — moving from diplomatic objections to explicit economic pressure two days after Balikatan 2026 opened. A People’s Daily editorial under the pen name “Zhong Sheng” — literally “Voice of […]

Sam Bankman-Fried Could Be Worth $86B Now If…

Well, the technical answer is: if FTX did not implode and the scandal sent him to jail. However, in an alternate universe where Sam Bankman-Fried continues to hold his investments, his net asset value could have reached tens of billions based on exposure to Anthropic, Cursor, Solana and Robinhood—more than enough to cover the default […]

Two Vessels Attacked Near Strait of Hormuz Within Hours as IRGC Escalates Maritime Campaign

Iranian forces attacked two commercial vessels near the Strait of Hormuz on Wednesday morning within three hours of each other, according to back-to-back reports from the UK Maritime Trade Operations authority — the latest escalation in a maritime campaign that has now logged at least 23 confirmed attacks since February 28. UKMTO Report 041-26, issued […]

Red Lobster Brings Back Endless Shrimp, the Same Promotion that Caused Its Bankruptcy—Or Did It?

Red Lobster announced on Wednesday that Endless Shrimp is back — limited time, dine-in only, priced at $24.99 to $29.99 depending on location. The chain’s official social media post left little ambiguity: “Oh yes we did.” The return of the promotion that popular discourse blamed for the company’s 2024 bankruptcy is either a gutsy turnaround bet […]

After Threatening to Trade Oil in Yuan, UAE Gets Trump to Say Yes on Dollar Swap

President Donald Trump confirmed on Tuesday he is open to providing the United Arab Emirates with a dollar liquidity lifeline, telling CNBC’s Squawk Box: “If I could help them, I would. They’re very good for this country.”  The remarks are the most direct presidential endorsement yet of a currency swap arrangement first reported by the […]

Judge Tosses Patel’s First Defamation Suit—The Day After He Filed His Second

A federal judge dismissed FBI Director Kash Patel’s defamation lawsuit against former FBI official and MSNBC analyst Frank Figliuzzi on Tuesday — one day after Patel filed a separate $250 million defamation suit against The Atlantic over its reporting on his drinking. US District Judge George C. Hanks Jr. of the Southern District of Texas […]

Army Removes Nuclear Safety Official After Undercover Video Catches Him Discussing Nerve Agents, Iran Strikes, and Kill Plans

The US Army placed Andrew Hugg, Branch Chief of Nuclear and Chemical Surety, on administrative leave Tuesday and escorted him from the Pentagon after an undercover video recorded him discussing nerve agents, nuclear launch protocols, civilian casualties in Iran, and assassination plans for Tehran’s new supreme leader — with a woman he believed was a […]