News

SpaceX (SPCX.O): The SpaceX recovery team is still working on the Starship recovery operation for the 13th flight mission in the Indian Ocean.

Pacific Energy President: Middle Eastern buyers are considering Canadian liquefied natural gas (LNG) as an alternative supply source and as a hedge against geopolitical instability.

U.S. Treasury Secretary Bessenter: The economy is expected to accelerate.

U.S. Treasury Secretary Bessenter: Today’s jobs report underestimates the potential strength of the U.S. economy.

Intel (INTC.O): Greg Ernst will leave Intel after 27 years in the company.

Intel (INTC.O): Appointed Dean Jarnac as Executive Vice President and Chief Sales Officer.

The Federal Reserve accepted a total of $1.45 billion from two counterparties in its fixed-rate reverse repurchase operations.

Lawyers for Federal Reserve Governor Tim Cook: We will challenge the latest excuses and defend Cook’s position and responsibilities at the Federal Reserve.

Federal Reserve Governor Cook's lawyer: There is no valid reason to remove Governor Cook.

The total number of natural gas drilling rigs in the United States for the week ending August 7 was 124, compared to 127 in the previous week.

The total number of drilling rigs in the United States for the week ending August 7 was 588, unchanged from the previous week.

The total number of oil rigs in the United States for the week ending August 7 was 454, compared to 451 in the previous week.

US President Trump: Two federal appeals court judges appointed by Obama and Biden have just voted against this much-needed military center, which is essential for Washington, D.C., and for U.S. national security itself. This is clearly a serious abuse of discretion.

US President Trump: We will immediately appeal to the US Supreme Court.

US President Trump: The court's ruling on the dance hall project must be completely overturned by the Supreme Court.

The total number of oil rigs in the United States for the week ending August 7 will be released in ten minutes.

According to ABC News: Despite his setback at the Supreme Court, Trump continues his attempt to fire Federal Reserve Governor Lisa Cook.

According to a filing with the U.S. Securities and Exchange Commission (SEC), BlackRock (BLK.N) disclosed that as of June 30, it held 51 million Class A ordinary shares of SpaceX (SPCX.O).

Iranian Foreign Ministry Spokesperson: Trump stated that the US will take the same approach towards Iran as it did towards Venezuela. However, there is a small problem here: before claiming "war spoils," one must first win the war, not get bogged down in a stalemate, fail to achieve its claimed (malicious) objectives, see its weapons stockpile dwindle, and lose credibility in the process.

The U.S. State Department: The U.S. Treasury Department today took steps to dismantle a network of currency exchange agencies and shell companies that helped Iran secretly transfer hundreds of millions of dollars through the international financial system. Through these networks, Tehran obtained oil revenues and used the shell companies to launder money and circumvent sanctions aimed at curbing its destabilizing activities.