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ZeroHedge
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'Customers Are Being Gouged': Trump Tells DOJ To Look Into Gasoline Prices
36 minutes ago
by Tyler Durden
'Customers Are Being Gouged': Trump Tells DOJ To Look Into Gasoline Prices President Trump said on Wednesday that he had instructed the Department of Justice (DOJ) to open an investigation into oil companies over high gasoline prices. In a Truth Social post, Trump said that oil companies have not lowered their prices at the pump despite a recent decline in crude prices following the U.S.–Iran preliminary agreement . “Those prices are dropping like a rock! In other words, customers are being ‘gouged,’” he said. “Gasoline prices better start going down a lot faster than what I’m seeing!” Brent crude futures
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Uh-Oh, Silver!
an hour ago
by Tyler Durden
Uh-Oh, Silver! Authored by Adam Sharp via DailyReckoning.com, One year ago, silver was trading at around $36 per ounce. Today the price is around $60. Normally, that’d be considered a win. But over those 12 months, we silver bugs have been on a wild ride. Simply incredible price action. From $36 to $119 in about 8 months. And now back down to $66. I believe the silver bull market still has years to run. Maybe even another decade. Today, let’s explore why. +$16 Since 1980? Silver first reached $50 way back in 1980. Of course, silver’s miraculous 1971-1980 run wasn’t
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Heavily Shorted Wendy's Soars After New CFO, Reddit Traders Pile In To Save Burger Chain
an hour ago
by Tyler Durden
Heavily Shorted Wendy's Soars After New CFO, Reddit Traders Pile In To Save Burger Chain Heavily shorted Wendy's shares jumped as much as 22% in premarket trading on Wednesday, as a management shakeup and a surge of WallStreetBets activity around the struggling fast-food chain appeared to trigger a retail-driven squeeze. The stock surge followed Wendy's appointment of former Potbelly CFO Steve Cirulis as CFO and chief strategy officer, as part of new CEO Robert Wright's turnaround effort for the fast-food chain, after shares had sunk 25% as of Tuesday's close. Before joining Wendy's, Cirulis served as CFO and CSO for
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Brent Falls To Pre-War Levels As Trump Contradicts Tehran On Hormuz Tolls, Nuclear Inspections
an hour ago
by Tyler Durden
Brent Falls To Pre-War Levels As Trump Contradicts Tehran On Hormuz Tolls, Nuclear Inspections Brent crude oil prices fell below $75 a barrel late yesterday, marking the first time the global benchmark has traded under that level since the outbreak of the Trump-initiated Iran conflict. The drop in crude prices could provide relief for consumers and businesses by easing pressure on fuel costs and inflation, a desired Washington outcome of the MoU signing - for which Trump has come under severe criticism from hawks at home. Speaking of escalating, we have another early morning Trump Truth Social statement, openly contradicting
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Futures Rebound From "Chip-Wreck" Ahead Of Critical Micron Earnings
2 hours ago
by Tyler Durden
Futures Rebound From "Chip-Wreck" Ahead Of Critical Micron Earnings US stocks are set for a rebound with equity futures higher as Semis and Tech stage a partial recovery from yesterday’s "Chip-Wreck" as KOSPI retraced about 20% of its losses ahead of earnings from the single-biggest contributor to US outperformance this year: Micron’s third-quarter numbers are an even bigger deal than usual, following Tuesday’s shakeout of an overcrowded AI trade that’s has been priced for perfection. As of 8:00am ET, S&P 500 futures are 0.3% higher with Nasdaq 100 contracts up 0.5%. In premarket trading, equities are boosted by a bid
The Guardian
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France confirms first Ebola case in doctor who had worked in DRC
2 hours ago
by Rachel Savage and agencies
France, Ebola, Democratic Republic of the Congo, Africa, Europe, World news, World Health Organization, Humanitarian responseFrench health ministry says patient’s contacts are being traced and that risk to European public is very low The first case of Ebola has been confirmed in France, the country’s health ministry has said, in a doctor who had returned from a humanitarian mission to an area affected by the outbreak in the Democratic Republic of the Congo. The patient was transferred to a specialist facility and was in a stable condition, the ministry said in a statement . “All precautionary measures, including the patient’s isolation, were taken upon his arrival in the country, with transfer to the hospital under
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Play puts spotlight on Kenya’s crisis of gender-based violence
10 hours ago
by Carlos Mureithi in Nairobi. Photographs by Esther Sweeney
Kenya, Violence against women and girls, Theatre, Stage, Culture, Africa, World newsAutobiographical work Free Me aims to encourage victims to speak out in country where violence against women is rising There are audible gasps in the auditorium in Nairobi as a husband launches a volley of blows and slaps on his wife and pushes her to the floor. “I wish I could spare you this,” the wife tells the audience. “My husband beat me up as if we were in a bar fight. Except, in a bar someone fights back.” The scene comes from Free Me, an autobiographical play by Gathoni Kimuyu, a Kenyan theatre and TV producer who lived through
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Kenyan minister orders halt to construction of US Ebola facility
a day ago
by Rachel Savage and agencies
Ebola, Kenya, Africa, Trump administration, Democratic Republic of Congo, US news, World newsDecision comes after Aden Duale was held in contempt for ignoring previous high court ruling to stop work Kenya’s health minister told a court he had ordered preparations for a US-run Ebola quarantine facility to stop, after being held in contempt for ignoring a previous order to end work. Many Kenyans strongly oppose the facility , with deadly protests erupting since the complex was announced in May for US citizens evacuated from the Democratic Republic of Congo, which is grappling with a widespread Ebola outbreak . Continue reading...
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UK prioritised ties with UAE over averting mass atrocities in Sudan, MPs to be told
a day ago
by Mark Townsend
Global development, Sudan, Conflict and arms, UK news, Foreign, Commonwealth and Development Office, World news, Politics, Africa, Middle East and north Africa, War crimes, International law, Law, Foreign policy, House of Commons, Human rights, Ethiopia, United Arab EmiratesForeign Office failed to act on warnings of genocide due to ‘pressure’ from emirates, Yale human rights investigator will tell a parliamentary select committee The British government had received intelligence that Ethiopia appeared to be supporting a genocidal militia in Sudan’s civil war as far back as 2024 but did not go public with the news for fear of upsetting the United Arab Emirates (UAE), a parliamentary committee will hear. In May 2024, officials from the Foreign, Commonwealth and Development Office (FCDO) told Nathaniel Raymond , an American human rights investigator at Yale University, that “significant private pressure” from the
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Sweat, tears and camaraderie as 20,000 runners take on world’s largest ultramarathon
3 days ago
by Rachel Savage in Durban and Pietermaritzburg. Photographs by James Oatway
South Africa, Ultrarunning, World news, Africa, SportFor one day every June, South Africa’s searing racial inequality seems to melt away at Comrades race In the early morning dark, thousands of runners waited, jostling with anticipation. South Africa’s national anthem rang out. Then the haunting swell of Shosholoza , first sung by Zimbabwean migrant workers in South Africa’s goldmines. Finally, that unmistakable, spine-tingling piano: Chariots of Fire. Runners gather before the start of the marathon Continue reading...
South China Morning Post
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UK’s revolving door of prime ministers reveals a deeper malaise
2 hours ago
by Michael Jinghan Zeng
The resignation of Prime Minister Keir Starmer has once again plunged British politics into uncertainty. Britain is now poised to welcome its seventh prime minister in a decade: after David Cameron, Theresa May, Boris Johnson, Liz Truss, Rishi Sunak and now Starmer, yet another successor is waiting in the wings. For a country that often presents itself as a model of political stability and democratic governance, such an extraordinary turnover of leadership raises questions about the...
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‘War of words’ won’t stop Iran nuclear inspections, says IAEA
2 hours ago
by Bloomberg
The international nuclear watchdog responsible for verifying Iran’s stockpile of near-bomb-grade uranium dismissed the conflicting signals from Tehran and Washington overnight and said it expects to resume full monitoring at some stage. “There’s a war of words here,” said International Atomic Energy Agency (IAEA) Director General Rafael Grossi, referring to White House statements about monitoring that were disputed by Iran. In Washington on Tuesday, President Donald Trump threatened to halt...
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Ukraine drones knock out power in Russia-held Crimea’s biggest city
4 hours ago
by Reuters
Ukrainian drones knocked out power in Sevastopol, the biggest city in Russian-held Crimea, on Wednesday and targeted facilities in central and southern Russia, local officials said, underscoring the reach of Kyiv’s attacks on energy infrastructure. Ukraine has intensified strikes on Russian oil refineries, depots and supply routes this year, pushing up petrol prices in Russia, where authorities have limited sales in some regions. Fuel shortages have been particularly acute on the Crimean...
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EU and China need a grand bargain to avoid a trade war
6 hours ago
by Yan Shaohua
As European leaders convened at the European Council meeting in Brussels this month, the spectre of a full-blown trade war with China cast a long shadow over the proceedings. Amid ongoing anti-subsidy probes into Chinese green technology and the looming threat of retaliatory tariffs, the economic bedrock of the China-EU relationship appears increasingly fragile. Yet, beneath the hawkish political rhetoric, recent high-level meetings between European officials and their Chinese counterparts...
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Keiko Fujimori edges closer to winning Peru’s presidency
7 hours ago
by Agencies
Keiko Fujimori is poised to become Peru’s next president after running her fourth consecutive campaign, according to figures published late Tuesday by the elections regulator after weeks of adjudicating disputed ballots. With 43,386 votes between Fujimori and leftist rival Roberto Sanchez, and no more than 39,300 votes in dispute, the conservative had enough of a margin to secure her lead. Fujimori had 50.1 per cent of the vote while Sanchez had 49.9 per cent with 99.8 per cent of ballots...
New York Times
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Mamdani-Backed Candidates Sweep in NYC Democratic Primaries
3 hours ago
by Nicholas Fandos
Mamdani, Zohran, Elections, House of Representatives, Midterm Elections (2026), Primaries and Caucuses, Socialism (Theory and Philosophy), Democratic Socialists of America, Democratic Party, New York City, internal-open-access-from-nlMayor Zohran Mamdani shook the Democratic establishment by helping drive three progressive candidates to victory.
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Insurgency Over Incumbency: 7 Takeaways From New York’s Primaries
2 hours ago
by Maya King, Sally Goldenberg and Emma Goldberg
United States Politics and Government, Primaries and Caucuses, Elections, House of Representatives, State Legislatures, Politics and Government, Israel-Gaza War (2023- ), Endorsements, Mayors, American Israel Public Affairs Committee, Democratic Party, Democratic Socialists of America, House of Representatives, Republican Party, Avila Chevalier, Darializa, Bores, Alex, Conley, Cait, Espaillat, Adriano D, Goldman, Daniel S, Hochul, Kathleen C, Jeffries, Hakeem, Lander, Brad, Lasher, Micah C, Lawler, Mike (1986- ), Mamdani, Zohran, Schlossberg, Jack (1993- ), Trump, Donald J, Valdez, Claire (1989- ), Velazquez, Nydia M, Bronx (NYC), Brooklyn (NYC), Hudson River Valley (NY), Long Island (NY), Manhattan (NYC), New York State, Queens (NYC), United States, Westchester County (NY)All three congressional candidates who were backed by Mayor Zohran Mamdani won in Tuesday’s primary, bolstering his political movement.
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Deadly Heat Wave Grips Europe, and Congress Passes a Landmark Housing Bill
4 hours ago
by Tracy Mumford, Will Jarvis, Margaret Kadifa, Ian Stewart, Ségolène Le Stradic and Lisa Lerer
United States Politics and Government, Heat and Heat Waves, Affordable Housing, internal-open-access-audioPlus, why some tech companies are telling workers to cut back on A.I.
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Iran’s Loyalists Promote a Wider Nationalism, Unveiled Women Included
5 hours ago
by Erika Solomon and Sanam Mahoozi
US and Israeli Attack on Iran (2026), Iran, Demonstrations, Protests and Riots, Muslim Veiling, Women's Rights, Nationalism (Theory and Philosophy), Tehran (Iran), Politics and GovernmentGovernment supporters are showing off new ties with alleged former dissidents in a bid to show that they can withstand enemies at home as well as abroad.
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Trump Is Making Big Claims About the Iran Talks. Iran Keeps Contradicting Him.
7 hours ago
by David E. Sanger and Yeganeh Torbati
United States Politics and Government, US and Israeli Attack on Iran (2026), United States International Relations, Nuclear Weapons, Peace Process, Assets, Frozen, Threats and Threatening Messages, International Atomic Energy Agency, Islamic Revolutionary Guards Corps, State Department, Trump, Donald J, Grossi, Rafael, Khamenei, Mojtaba (1969- ), Rubio, Marco, Vance, J D, Iran, Strait of HormuzPresident Trump appears to be describing his preferences as fully negotiated deals, in hopes of locking the Iranians in. The question is whether a succession of such disputes will sink the whole venture.