https://crossassetdata.com/news.htmlEvery asset, graded on its own record: the desk's stories and studies, written by an AI model, every sentence cited, never advice.enMon, 12 Oct 2026 10:23:08 GMT https://crossassetdata.com/n/cftc-opens-comment-on-federal-rules-for-leveraged-crypto-trading/https://crossassetdata.com/n/cftc-opens-comment-on-federal-rules-for-leveraged-crypto-trading/Mon, 12 Oct 2026 12:00:00 GMTThe Commodity Futures Trading Commission's advance notice of Monday 5 October sketches Regulation CTX, which would say when a retail crypto trade falls under futures law, and Regulation CAM, a tailored exchange registration with every such trade routed through a futures commission merchant; it is not yet a proposed rule, the Federal Register prints it on Tuesday 13 October, and comments are due by Monday 14 December.Crypto exchanges and futures markets https://crossassetdata.com/n/study-gulf-gulf-crews-return-as-oil-shut-ins-fall-below-58-percent/https://crossassetdata.com/n/study-gulf-gulf-crews-return-as-oil-shut-ins-fall-below-58-percent/Mon, 12 Oct 2026 12:00:00 GMTThe offshore regulator counted 32 production platforms still evacuated on Sunday 11 October, down from 113 on Saturday, with 57.54 percent of Gulf oil output and 49.11 percent of gas still shut in; Shell said its five evacuated assets had no storm damage and BP said it was working to restart Na Kika and Thunder Horse; the Coast Guard listed Mobile, Pascagoula and Gulfport open; FPL cut its Monday restoration target from 95 to 85 percent of the 435,000 customers the storm reached.Oil, gas and refining https://crossassetdata.com/n/study-yanbu-riyadh-airport-hit-again-dammam-struck-tanker-hit-off-oman/https://crossassetdata.com/n/study-yanbu-riyadh-airport-hit-again-dammam-struck-tanker-hit-off-oman/Mon, 12 Oct 2026 12:00:00 GMTWhat changed since chapter seven: a projectile struck Terminal 4 of Riyadh's King Khalid International Airport on Sunday 11 October, and Saudi Arabia's civil aviation authority said a Pakistani resident was killed and 11 people wounded; late on Sunday the authority confirmed a strike on Dammam's King Fahd International Airport; the Houthis' spokesman claimed Saturday's attack and two Saudi Aramco facilities; UKMTO said a drone struck a tanker near Oman's Sohar anchorage; and the IMO's confirmed list moved from 100 to 104.Oil, shipping and airlines https://crossassetdata.com/n/trump-claims-an-energy-ceasefire-moscow-has-not-confirmed/https://crossassetdata.com/n/trump-claims-an-energy-ceasefire-moscow-has-not-confirmed/Mon, 12 Oct 2026 12:00:00 GMTOn Sunday 11 October President Trump said Russia and Ukraine had agreed to an 'energy ceasefire' taking effect immediately, two days after the Treasury licensed Russian diesel; on Monday 12 October President Zelenskyy said Ukraine supports it but learned of it from the media and had not heard Russia approve it, the Kremlin's spokesman said only that contacts are ongoing, and Ukrainian officials reported Russian strikes on energy sites after the announcement.Diesel and refined fuels https://crossassetdata.com/n/fed-survey-finds-families-75-and-older-now-the-wealthiest/https://crossassetdata.com/n/fed-survey-finds-families-75-and-older-now-the-wealthiest/Sun, 11 Oct 2026 12:00:00 GMTThe Federal Reserve's 2025 Survey of Consumer Finances, released Friday 9 October, puts the median net worth of families headed by someone 75 or older at $504,900, up 37 percent from 2022 after inflation, while families under 35 are down 23 percent to $33,000; the typical family's net worth is up 2 percent to $215,900, stock ownership slipped from 58 to 56 percent of families, and the share of families behind on a loan payment went from 12.2 to 19.6 percent.Household finance https://crossassetdata.com/n/microsoft-and-adobe-suspended-from-green-card-sponsorship/https://crossassetdata.com/n/microsoft-and-adobe-suspended-from-green-card-sponsorship/Sun, 11 Oct 2026 12:00:00 GMTOn Thursday 8 October the Labor Department stopped taking and processing PERM labor certifications, the usual first step to an employer-sponsored green card, for Microsoft, Adobe, Cognizant, Infosys, Tata Consultancy Services, Wipro, HCL and Capgemini, alleging misuse; no end date was given, and Microsoft said 80 percent of its roughly 6,000 H-1B filings last fiscal year were for existing employees.Software and IT services https://crossassetdata.com/n/study-gulf-isaias-breaks-up-inland-as-gulf-oil-shut-ins-ease-below-69/https://crossassetdata.com/n/study-gulf-isaias-breaks-up-inland-as-gulf-oil-shut-ins-ease-below-69/Sun, 11 Oct 2026 12:00:00 GMTThe offshore regulator counted 68.76 percent of Gulf oil output and 57.44 percent of gas still shut in on Saturday 10 October, with 113 platforms evacuated, down from 129 on Friday; the Energy Department authorized an emergency loan of up to 4 million barrels from the Strategic Petroleum Reserve to ExxonMobil and BP America; the Port of Mobile reopened at 4 p.m.; FPL said about 332,000 of its customers were still without power at 11:30 a.m. CDT, and Alabama Power said more than 130,000 of the more than 267,000 who lost power had been restored by 11 a.m., a Birmingham station reported.Oil, gas and refining https://crossassetdata.com/n/study-yanbu-riyadh-airport-strike-kills-12-us-weighs-joining-the-fight/https://crossassetdata.com/n/study-yanbu-riyadh-airport-strike-kills-12-us-weighs-joining-the-fight/Sun, 11 Oct 2026 12:00:00 GMTWhat changed since chapter six: a missile struck King Khalid International Airport in Riyadh on Saturday 10 October, and Saudi Arabia's civil aviation authority counted at least 12 dead, an American among them, and 309 wounded; the Saudi-led coalition said it destroyed 136 Houthi targets and President Trump said the United States 'may' join; at sea, Iran's Revolutionary Guards said a crude supertanker hit a mine on the southern route, UKMTO reported an outbound tanker struck and on fire, and US Central Command said a fighter jet disabled a cargo ship leaving an Iranian port.Oil, shipping and airlines https://crossassetdata.com/n/treasury-licenses-russian-diesel-after-trumps-call-with-putin/https://crossassetdata.com/n/treasury-licenses-russian-diesel-after-trumps-call-with-putin/Sun, 11 Oct 2026 12:00:00 GMTAfter a call with Vladimir Putin on Friday 9 October, President Trump said Russia would supply more than 300,000 tons of diesel at once and millions more later, and the Treasury issued General License 135, which allows Russian diesel to be sold and brought into the United States until Wednesday 7 April 2027; the Kremlin's own readout spoke only of a readiness to supply oil and petroleum products and gave no tonnage.Diesel and refined fuels https://crossassetdata.com/n/amex-to-pay-350-million-over-money-laundering-controls/https://crossassetdata.com/n/amex-to-pay-350-million-over-money-laundering-controls/Sat, 10 Oct 2026 12:00:00 GMTOn Thursday 8 October the Office of the Comptroller of the Currency ordered American Express National Bank to pay a $350 million civil money penalty and to rebuild its anti-money laundering program, finding it processed about $13 billion of suspected trade-based money laundering from about June 2014 to about May 2025 without the controls to report its full scope; the Federal Reserve Board issued its own cease-and-desist order against the parent and its travel-related services company with no penalty of its own, and American Express says part of the penalty was reserved for in prior periods.Card issuers and payments https://crossassetdata.com/n/spacex-buys-800-mhz-airwaves-from-grain-for-starlink-phones/https://crossassetdata.com/n/spacex-buys-800-mhz-airwaves-from-grain-for-starlink-phones/Sat, 10 Oct 2026 12:00:00 GMTOn Thursday 8 October Grain Management agreed to sell SpaceX all of its nationwide 800 MHz licences, up to 14 megahertz of paired low-band airwaves that Grain took over from T-Mobile in August for $2.9 billion in cash and its own 600 MHz licences; the companies gave no price, the Wall Street Journal reported about $8 billion, the sale needs the FCC's approval, and the order that let Grain buy the band asks it to finish its search for a satellite partner and tell the regulator the outcome by Thursday 5 November.Wireless telecommunications https://crossassetdata.com/n/study-five-households-expect-more-inflation-ten-year-ends-at-5-24/https://crossassetdata.com/n/study-five-households-expect-more-inflation-ten-year-ends-at-5-24/Sat, 10 Oct 2026 12:00:00 GMTThe University of Michigan's preliminary October survey, released on Friday 9 October, put year-ahead inflation expectations at 4.7 percent and long-run ones at 3.5, both the highest since May, with sentiment at 46.3; the New York Fed's September survey had put the year-ahead median at 3.9 percent, the highest since May 2023; the Treasury's table closed the ten-year at 5.24 percent and the two-year at 4.80, both lower on the week, before a bond market holiday on Monday 12 October and September's consumer prices on Wednesday 14 October.Rates, inflation and mortgages https://crossassetdata.com/n/study-gulf-isaias-lands-near-destin-with-72-percent-of-gulf-oil-shut/https://crossassetdata.com/n/study-gulf-isaias-lands-near-destin-with-72-percent-of-gulf-oil-shut/Sat, 10 Oct 2026 12:00:00 GMTHurricane Isaias made landfall near Destin, Florida, at about 8:30 p.m. CDT on Friday 9 October with 105 mph winds, a category 2, and was a post-tropical cyclone over Alabama by 4 a.m. on Saturday 10 October, the National Hurricane Center said; the Marine Minerals Administration counted 71.51 percent of Gulf oil output and 58.84 percent of gas shut in on Friday, up from 62.89 and 57.35 percent on Thursday, with 129 platforms evacuated; outage trackers counted more than 860,000 customers without power across the Southeast early on Saturday, CNN reported.Oil, gas and refining https://crossassetdata.com/n/study-yanbu-iran-says-it-hit-a-gas-carrier-the-owner-says-it-did-not/https://crossassetdata.com/n/study-yanbu-iran-says-it-hit-a-gas-carrier-the-owner-says-it-did-not/Sat, 10 Oct 2026 12:00:00 GMTWhat changed since chapter five: Iran's Revolutionary Guards said on Friday 9 October that they struck the LPG carrier NV Sunshine on the southern route they call illegal, and its Vietnamese owner, NVTrans, said the ship was not attacked; UKMTO reported a separate vessel hit and on fire off the United Arab Emirates, which shipping sources named as the supertanker Gem No.2; the IMO's own list now counts 100 confirmed incidents, eleven of them dated 28 September to 4 October; and Kpler reported the Saudi East-West pipeline back at 5.8 million barrels a day.Oil, gas and shipping https://crossassetdata.com/n/delta-lowers-its-2026-outlook-as-it-plans-for-4-25-jet-fuel/https://crossassetdata.com/n/delta-lowers-its-2026-outlook-as-it-plans-for-4-25-jet-fuel/Fri, 09 Oct 2026 12:00:00 GMTOn Friday 9 October Delta Air Lines reported September-quarter operating revenue of $20.19 billion, 21 percent more than a year earlier, and an adjusted fuel price of $3.61 a gallon against the $3.15 it assumed in July; it now plans the December quarter on about $4.25 a gallon, with revenue about 20 percent higher and an operating margin of 7 to 9 percent, and it lowered its full-year free cash flow outlook to about $2.5 billion from $3 to $4 billion.Airlines https://crossassetdata.com/n/pepsico-trims-its-2026-profit-outlook-as-north-america-lags/https://crossassetdata.com/n/pepsico-trims-its-2026-profit-outlook-as-north-america-lags/Fri, 09 Oct 2026 12:00:00 GMTOn Thursday 8 October PepsiCo reported third-quarter net revenue of $25.27 billion, 5.6 percent more than a year earlier, with organic revenue up 3.1 percent and international organic revenue up 8 percent; North American food volume was about flat and beverage volume was down 2 percent, the company lowered its outlook for per-share profit growth, narrowed its organic revenue outlook to about 3 percent for 2026, and said new structural cost reduction actions would take effect in the coming months.Snacks and beverages https://crossassetdata.com/n/study-five-thirty-year-sale-clears-at-5-618-percent-highest-since-2000/https://crossassetdata.com/n/study-five-thirty-year-sale-clears-at-5-618-percent-highest-since-2000/Fri, 09 Oct 2026 12:00:00 GMTThe Treasury sold $22 billion more of its August 2056 bond on Thursday 8 October at a high yield of 5.618 percent, the highest at a thirty-year sale since 10 August 2000, with bids for 2.54 times the amount accepted and 6.8 percent to the primary dealers; the Treasury's table closed the thirty-year at 5.60 percent and the ten-year at 5.22, both lower on the day, while Freddie Mac's survey put the 30-year mortgage rate at 7.40 percent, its highest since November 2023.Treasuries, the Fed and housing finance https://crossassetdata.com/n/study-gulf-isaias-nears-gulf-coast-with-63-percent-of-gulf-oil-shut-in/https://crossassetdata.com/n/study-gulf-isaias-nears-gulf-coast-with-63-percent-of-gulf-oil-shut-in/Fri, 09 Oct 2026 12:00:00 GMTThe National Hurricane Center's advisory 11, at 4 a.m. CDT on Friday 9 October, put Hurricane Isaias about 200 miles south-southeast of the mouth of the Mississippi with 110 mph winds and landfall expected between Ocean Springs, Mississippi, and the Florida Panhandle on Friday night or early Saturday; the Marine Minerals Administration counted 62.89 percent of Gulf oil output and 57.35 percent of gas shut in on Thursday, up from 25.08 and 16.37 percent on Wednesday, with 121 of 371 manned platforms evacuated; Bloomberg reported Chevron's Pascagoula refinery on the western edge of the forecast path.Oil, gas and refining https://crossassetdata.com/n/study-yanbu-record-week-of-tanker-attacks-no-strike-before-midterms/https://crossassetdata.com/n/study-yanbu-record-week-of-tanker-attacks-no-strike-before-midterms/Fri, 09 Oct 2026 12:00:00 GMTWhat changed since 7 October: Kpler counted 10 tankers struck in the strait in the week to 4 October against a previous weekly high of six, and crossings edged up to 10 on Wednesday from the seven of Tuesday; the tanker hit off Qatar was named as the Acers; the coalition intercepted three more Houthi missiles aimed at Riyadh and Khamis Mushait on Thursday; the US Treasury sanctioned 17 vessels in Iran's shadow fleet; and after reports of plans to resume major combat, President Trump wrote that the United States would not attack Iran before the 3 November midterms, with Brent reported 4 percent higher on Thursday and lower early on Friday.Oil and shipping https://crossassetdata.com/n/viatris-agrees-to-buy-pacira-and-its-non-opioid-pain-drugs/https://crossassetdata.com/n/viatris-agrees-to-buy-pacira-and-its-non-opioid-pain-drugs/Fri, 09 Oct 2026 12:00:00 GMTOn Thursday 8 October Viatris agreed to acquire Pacira BioSciences, maker of the non-opioid pain medicines EXPAREL and ZILRETTA, for an aggregate equity value the companies put at $1.65 billion, through a cash tender offer followed by a merger; the deal carries no financing condition and a $62 million fee Pacira would owe if it walked away for a better offer, Viatris says it will pay mainly from excess cash with the rest from short-term borrowings, and both companies expect it to close by the end of 2026.Pharmaceuticals https://crossassetdata.com/n/study-five-ten-year-sale-clears-at-5-30-percent-highest-since-2000/https://crossassetdata.com/n/study-five-ten-year-sale-clears-at-5-30-percent-highest-since-2000/Thu, 08 Oct 2026 12:00:00 GMTThe Treasury sold $39 billion of ten-year notes on Wednesday 7 October at a high yield of 5.300 percent, the highest at a ten-year sale since 8 November 2000, with bids for 2.77 times the amount accepted and 2.5 percent of the notes to the primary dealers; the Fed's minutes of September said most officials judged another increase 'would likely be appropriate by year end', and the Treasury's table closed the thirty-year at 5.67 percent, its highest close since July 2001.Treasuries, the Fed and housing finance https://crossassetdata.com/n/study-yanbu-four-saudi-airports-hit-tanker-attacks-reach-the-gulf/https://crossassetdata.com/n/study-yanbu-four-saudi-airports-hit-tanker-attacks-reach-the-gulf/Thu, 08 Oct 2026 12:00:00 GMTWhat changed since 5 October: Saudi Arabia's aviation authority confirmed attacks on the airports of Jazan and Najran on Monday 5 October, Abha on Tuesday and Riyadh on Wednesday, three people killed and 39 injured by the desk's count of its figures, the Abha and Riyadh strikes claimed by the Houthis; the energy minister put the East-West line at 5.8 million barrels, read as a daily capacity by one report and as barrels pumped by another; maritime security sources counted at least 12 tanker attacks around Hormuz in the week to 5 October, the most of the war, and on Wednesday a tanker was struck north of Qatar, the first attack in the Gulf away from the strait since 9 September; the EIA now forecasts a higher Brent average for the quarter, citing the pipeline attacks.Oil and shipping https://crossassetdata.com/n/wolfspeed-gets-a-conditional-1-5-billion-department-of-war-loan/https://crossassetdata.com/n/wolfspeed-gets-a-conditional-1-5-billion-department-of-war-loan/Thu, 08 Oct 2026 12:00:00 GMTOn Wednesday 7 October Wolfspeed reported a conditional commitment from the Department of War's Office of Strategic Capital for a 30-year, senior secured, delayed-draw loan of up to $1.5 billion in as many as four tranches, priced at a Treasury rate plus a risk premium provisionally set at 1.25 to 1.75 percent; the first $600 million would refinance its first lien notes due 2030, the government would receive warrants for 5 percent and 2.5 percent of the company's equity as the money is paid out, and nothing is final until Wolfspeed raises at least $750 million of its own money, turns most of its convertible notes into shares and signs definitive agreements.Semiconductors https://crossassetdata.com/n/chevron-gives-up-hess-midstream-for-cheaper-bakken-contracts/https://crossassetdata.com/n/chevron-gives-up-hess-midstream-for-cheaper-bakken-contracts/Wed, 07 Oct 2026 12:00:00 GMTOn Tuesday 6 October Chevron agreed to hand Hess Midstream its stake of about 38 percent, the general partner that controls it and its DJ Basin crude oil gathering assets, in return for $200 million in cash and Bakken pipeline and processing contracts that it says cut its unit costs there by about half and now run to 2045; Chevron will take Hess Midstream and about $3.7 billion of its debt off its books and expects a one-time after-tax loss of about $3 billion to $4 billion at closing, which both companies expect by year-end 2026.Oil and gas pipelines https://crossassetdata.com/n/house-china-committee-report-calls-webull-a-national-security-risk/https://crossassetdata.com/n/house-china-committee-report-calls-webull-a-national-security-risk/Wed, 07 Oct 2026 12:00:00 GMTThe House China committee's report, shared exclusively with CNBC and not yet on the committee's website when this was written on Wednesday 7 October, says Webull is 'tied in structural ways' to China and misrepresented how many of its staff work there; Webull's own annual report counts 863 employees at its mainland subsidiary, 62 percent of the total, and 79.2 percent of the votes for its founder, and a Webull spokesperson said the report contains 'significant inaccuracies'.Online brokerage https://crossassetdata.com/n/hubspot-and-fico-file-workforce-cuts-of-7-and-15-percent/https://crossassetdata.com/n/hubspot-and-fico-file-workforce-cuts-of-7-and-15-percent/Wed, 07 Oct 2026 12:00:00 GMTOn Tuesday 6 October two software companies reported workforce cuts to the SEC under item 2.05: HubSpot's board authorized a plan on Thursday 1 October touching about 7 percent of its workforce, nearly 660 people, with $65 million to $75 million of charges, and its chief executive wrote that the cut is not driven by AI efficiencies; Fair Isaac, maker of the FICO score, committed the same day to eliminate about 15 percent of positions, naming 'AI-driven product development' among its aims, with about $27.0 million of pre-tax charges.Software https://crossassetdata.com/n/paramount-closes-on-warner-bros-and-renames-itself-skydance/https://crossassetdata.com/n/paramount-closes-on-warner-bros-and-renames-itself-skydance/Wed, 07 Oct 2026 12:00:00 GMTWarner Bros. Discovery became a wholly owned subsidiary on Tuesday 6 October, its holders owed about $78 billion in cash and its shares withdrawn from Nasdaq; the buyer, now Skydance Corporation on the New York Stock Exchange, issued $41.4 billion and 885 million euros of secured notes, borrowed $8.5 billion and 850 million euros of seven-year loans, cut its $49 billion bridge commitment to zero, and seated Robert Kotick and Laurene Powell Jobs on its board.Media and entertainment https://crossassetdata.com/n/regeneron-and-sanofi-add-four-long-acting-antibodies/https://crossassetdata.com/n/regeneron-and-sanofi-add-four-long-acting-antibodies/Wed, 07 Oct 2026 12:00:00 GMTOn Thursday 1 October Regeneron and Sanofi signed the sixth amendment to their 2009 antibody agreement, adding four long-acting Regeneron antibodies aimed at the IL-4 and IL-13 pathways that Dupixent blocks; Sanofi pays $1.0 billion up front and up to $7.0 billion more on milestones, the two split costs and profits equally, Regeneron drops its lawsuit over Dupixent information, and Regeneron's report of Tuesday 6 October adds a cost cap and a second option the joint release did not mention.Biotechnology https://crossassetdata.com/n/study-five-three-year-sale-clears-at-4-932-percent-highest-since-2006/https://crossassetdata.com/n/study-five-three-year-sale-clears-at-4-932-percent-highest-since-2006/Wed, 07 Oct 2026 12:00:00 GMTThe Treasury sold $58 billion of three-year notes on Tuesday 6 October at a high yield of 4.932 percent, the highest at a three-year sale since 9 May 2006, with bids for 2.62 times the amount accepted, on a day its table eased the ten-year to 5.27 percent from 5.31 and the three-year to 4.88 from 4.97; $39 billion of ten-year notes follow on Wednesday 7 October and $22 billion of thirty-year bonds on Thursday 8 October, with the Fed's September minutes due at 2 p.m. on Wednesday.Treasuries, the Fed and housing finance https://crossassetdata.com/n/study-refund-customs-opens-phase-three-to-importers-that-sued/https://crossassetdata.com/n/study-refund-customs-opens-phase-three-to-importers-that-sued/Wed, 07 Oct 2026 12:00:00 GMTCustoms told the Court of International Trade on Tuesday 6 October that phase three of its refund system went live at 5:10 a.m. and had accepted 477 declarations covering 425,517 entries by noon; refunds sent to the Treasury reached about 126 billion dollars by 2 October, 4 billion more in three weeks; Costco's annual report puts its refunds at 174 million dollars in the year and 155 million since, 329 million by the desk's arithmetic, against about 500 million paid.Trade policy and retail https://crossassetdata.com/n/brazil-heads-to-a-runoff-with-flavio-bolsonaro-ahead-of-lula/https://crossassetdata.com/n/brazil-heads-to-a-runoff-with-flavio-bolsonaro-ahead-of-lula/Tue, 06 Oct 2026 12:00:00 GMTSenator Flávio Bolsonaro won 47.03 percent of valid votes to President Lula's 45.16 percent on Sunday 4 October, by the electoral court's complete count, and the two meet again on Sunday 25 October; his Liberal Party won 121 of the 513 lower-house seats and 19 of the 54 Senate seats at stake, and the outcome reaches Petrobras, whose controlling shareholder is the federal government, and the banks and card issuers whose filings tie them to Brasília's fiscal and credit policy.Brazilian banks and state oil https://crossassetdata.com/n/study-five-ten-year-closes-at-5-31-percent-highest-since-may-2002/https://crossassetdata.com/n/study-five-ten-year-closes-at-5-31-percent-highest-since-may-2002/Tue, 06 Oct 2026 12:00:00 GMTThe Treasury's table puts the ten-year at 5.31 percent on Monday 5 October, its highest close since 14 May 2002, and the thirty-year at 5.66, the highest in the table since July 2001, on the day the services survey's prices index reached 74.0, its highest since July 2022; Reuters reports investors see roughly a 24 percent chance of a Fed increase in October, and the Treasury sells $58 billion of three-year notes, $39 billion of ten-year notes and $22 billion of thirty-year bonds from Tuesday to Thursday.Treasuries, the Fed and housing finance https://crossassetdata.com/n/study-yanbu-khurais-strike-flows-disputed-gulf-exports-top-prewar/https://crossassetdata.com/n/study-yanbu-khurais-strike-flows-disputed-gulf-exports-top-prewar/Tue, 06 Oct 2026 12:00:00 GMTWhat changed since 24 September: the East-West line was running at more than 80 percent of its 7 million barrels a day late in the week to Friday 2 October, Bloomberg reported; on Monday 5 October an energy-sector source told AFP that a Sunday strike on a pumping station at Khurais had stopped it again, while a source told Reuters and people familiar with the matter told Bloomberg that the oil still flowed; the Houthis claimed strikes on Riyadh's airport and the Rabigh refinery that Saudi Arabia had not confirmed; and Kpler counts Middle East crude exports above their pre-war 18 million barrels a day on four days of September's last week, with 40 percent now bypassing Hormuz.Oil and shipping https://crossassetdata.com/n/supreme-court-asks-us-about-escrow-interest-lets-zillow-suit-go-on/https://crossassetdata.com/n/supreme-court-asks-us-about-escrow-interest-lets-zillow-suit-go-on/Tue, 06 Oct 2026 12:00:00 GMTIn the first order list of its 2026 term, on Monday 5 October, the Supreme Court asked the Solicitor General for the government's views in seven cases, three of them bank appeals over state laws that make mortgage lenders pay interest on escrow balances (Bank of America, Flagstar, Citizens), and denied review to Zillow, Nexstar, Norfolk Southern and United Airlines, leaving the lower courts' rulings in place; an invitation decides nothing and sets no date.Court orders and corporate litigation https://crossassetdata.com/n/c-h-robinson-agrees-to-buy-rxo-uniting-two-big-truck-brokers/https://crossassetdata.com/n/c-h-robinson-agrees-to-buy-rxo-uniting-two-big-truck-brokers/Mon, 05 Oct 2026 12:00:00 GMTOn Sunday 4 October C.H. Robinson agreed to buy RXO, the truck broker XPO spun off in 2022, in a deal valued at $5.8 billion including RXO's net debt, about $5.3 billion of it for the shares, paid about 57 percent in cash and 43 percent in its own stock; it has a bridge loan commitment of up to $4.5 billion, will pause buybacks, and expects about $300 million a year of net cost savings within two years of a closing planned for the first half of 2027.Freight brokerage https://crossassetdata.com/n/iowa-doubles-the-tax-credit-it-can-offer-mesabis-steel-mill/https://crossassetdata.com/n/iowa-doubles-the-tax-credit-it-can-offer-mesabis-steel-mill/Mon, 05 Oct 2026 12:00:00 GMTIn a one-day special session on Friday 2 October, Iowa's legislature passed House File 2801, 75 to 17 in the House and 28 to 19 in the Senate, and Governor Kim Reynolds signed it that night: one business in a county of 50,000 people or fewer may now get a refundable, transferable investment tax credit of up to 10 percent, paid over ten years, twice the old limit for a single business; the state's fiscal analysts' table puts that credit at $1.15 billion for Mesabi Metallics' planned Lee County mill, by the desk's sum, and the contract still needs the state economic development board.Steel and iron ore https://crossassetdata.com/n/opec-plus-holds-november-quotas-gulf-pumps-millions-below/https://crossassetdata.com/n/opec-plus-holds-november-quotas-gulf-pumps-millions-below/Mon, 05 Oct 2026 12:00:00 GMTSeven OPEC+ countries kept November's quotas at September's level on Sunday 4 October, about 31 million barrels a day in all; by OPEC's own count Saudi Arabia pumped 7,352 thousand barrels a day in July against a quota of 10,353, by the IEA's it was 4.45 million barrels a day under its quota in August, Kazakhstan and Oman pumped above theirs, and the capacity review meant to guide the 2027 quotas runs to the beginning of November.Crude oil supply https://crossassetdata.com/n/schneider-electric-agrees-to-buy-ptc-for-22-6-billion-in-cash/https://crossassetdata.com/n/schneider-electric-agrees-to-buy-ptc-for-22-6-billion-in-cash/Mon, 05 Oct 2026 12:00:00 GMTPTC, the Boston maker of design and product-data software, agreed on Sunday 4 October to be bought for cash by Schneider Electric at a value of about $22.6 billion for its shares and $23.7 billion with its debt; a $25 billion bridge loan carries Schneider until about €5 billion to €6 billion of new shares and €16 billion to €17 billion of new debt replace it, and closing, expected by the third quarter of 2027, needs PTC's shareholders, US antitrust clearance and a national-security review.Industrial software https://crossassetdata.com/n/sec-lets-cboe-list-3x-bitcoin-and-ether-funds-trading-must-wait/https://crossassetdata.com/n/sec-lets-cboe-list-3x-bitcoin-and-ether-funds-trading-must-wait/Mon, 05 Oct 2026 12:00:00 GMTThe order of Friday 2 October, issued by SEC staff under delegated authority, approves Cboe BZX listing six Volatility Shares funds that seek three times the daily move of bitcoin, ether, gold, silver, crude oil or natural gas through CME Group futures; they are commodity pools outside the 1940 Act's 200 percent leverage test that held up the sponsor's earlier 3x filings, and none can trade until the SEC declares the trust's registration statement, filed on 17 August, effective.Leveraged exchange-traded products https://crossassetdata.com/n/strategys-bitcoin-swings-to-a-20-9-billion-gain-after-two-losses/https://crossassetdata.com/n/strategys-bitcoin-swings-to-a-20-9-billion-gain-after-two-losses/Mon, 05 Oct 2026 12:00:00 GMTStrategy's current report of Monday 5 October puts its own unaudited estimate for the quarter to 30 September at a $20.91 billion gain on its bitcoin, after losses of $14.46 billion and $8.32 billion in the first two quarters of 2026; with the coins' value back above their cost it released a $4.12 billion tax allowance, and on 4 October it held 848,000 bitcoin while spending cash to buy back its own preferred stock.Bitcoin holdings and software https://crossassetdata.com/n/supreme-court-weighs-boulders-climate-suit-against-exxon-and-suncor/https://crossassetdata.com/n/supreme-court-weighs-boulders-climate-suit-against-exxon-and-suncor/Mon, 05 Oct 2026 12:00:00 GMTOn Monday 5 October the Court heard Exxon Mobil's and two Suncor units' appeal of a Colorado ruling that lets Boulder seek damages for local climate harm; it must decide whether federal law bars such state-law claims and whether it may hear the case at all, with Justice Alito not taking part and nearly 60 governments, by the companies' count, bringing similar suits.Oil companies and climate suits https://crossassetdata.com/n/getty-images-is-suspended-by-the-nyse-and-plans-no-appeal/https://crossassetdata.com/n/getty-images-is-suspended-by-the-nyse-and-plans-no-appeal/Fri, 02 Oct 2026 12:00:00 GMTThe New York Stock Exchange suspended Getty Images Holdings' shares on Tuesday 29 September and began proceedings to delist them over 'abnormally low selling price' levels; the company does not intend to appeal and its 8 October annual meeting is postponed, and on 30 September its shares moved to the over-the-counter market and it paid the interest due 1 September on its 9.750 and 14.000 percent notes inside a 30-day grace period, while it pursues what it calls an 'active and progressing dialogue' with its key debt and equity holders.Visual content and stock imagery https://crossassetdata.com/n/nike-sells-less-and-sets-out-pace-a-cost-overhaul-to-2031/https://crossassetdata.com/n/nike-sells-less-and-sets-out-pace-a-cost-overhaul-to-2031/Fri, 02 Oct 2026 12:00:00 GMTRevenue for the quarter to 31 August was $11.21 billion, 4 percent less than a year earlier, with Greater China down 22 percent in dollars and 26 percent at constant currency; Nike expects a high-single-digit decline in fiscal 2027 revenue, and its Form 8-K puts Pace at about $1.0 billion of further charges, mostly severance, and about $2.5 billion of cumulative savings through fiscal 2031, with fewer roles and three regions instead of four.Athletic footwear and apparel https://crossassetdata.com/n/onsemi-rewrites-its-synaptics-deal-in-cash-after-a-rival-bid/https://crossassetdata.com/n/onsemi-rewrites-its-synaptics-deal-in-cash-after-a-rival-bid/Fri, 02 Oct 2026 12:00:00 GMTOn Thursday 1 October onsemi and Synaptics replaced their June merger agreement after Synaptics' board found a rival's revised proposal superior: Synaptics' holders are now to be paid in cash, for an aggregate value the companies put at about $5.7 billion against about $7 billion for the all-stock June terms; onsemi has lined up as much as $2.45 billion of Morgan Stanley loans, the termination fees stay at $235 million and $320 million, and the companies still expect to close by mid-2027.Semiconductors https://crossassetdata.com/n/study-five-job-growth-slows-to-29000-and-the-ten-year-turns-down/https://crossassetdata.com/n/study-five-job-growth-slows-to-29000-and-the-ten-year-turns-down/Fri, 02 Oct 2026 12:00:00 GMTThe Labor Department counts 29,000 more jobs in September and 60,000 fewer in July and August than it first reported, with unemployment at 4.2 percent and pay up 0.1 percent in the month; the ten-year, which closed Wednesday at 5.29 percent, above any close since May 2002, closed Thursday at 5.24, and Freddie Mac's survey put the 30-year mortgage at 7.28 percent, the highest since November 2023, a week before $119 billion of Treasury auctions.Treasuries, the Fed and housing finance https://crossassetdata.com/n/tesla-delivers-486532-vehicles-10567-short-of-last-years-record/https://crossassetdata.com/n/tesla-delivers-486532-vehicles-10567-short-of-last-years-record/Fri, 02 Oct 2026 12:00:00 GMTTesla's release of Friday 2 October counts 486,532 deliveries and 464,391 vehicles produced in the third quarter, 6,406 more deliveries than in the spring but 10,567 fewer than the record quarter of 2025, when buyers in the United States rushed to claim a federal tax credit before it ended; most of the gap is the other models, down to 8,295 from 15,933, while storage deployments came to 13.7 gigawatt hours and the first nine months run about 9 percent ahead of 2025.Electric vehicles and energy storage https://crossassetdata.com/n/third-carrier-or-a-swap-the-roosevelt-heads-for-the-mideast/https://crossassetdata.com/n/third-carrier-or-a-swap-the-roosevelt-heads-for-the-mideast/Fri, 02 Oct 2026 12:00:00 GMTUnnamed U.S. officials say the carrier Theodore Roosevelt and the Makin Island amphibious group, 9,000 to 10,000 sailors and Marines, are bound for the Middle East and could make three carriers there by the end of October or of November, though one told Bloomberg that keeping three is undecided and Task & Purpose reported the Roosevelt will replace the George Washington; Trump told TIME more bombing after the 3 November midterms is 'Possible', and Britain's naval trade office logged five reports of vessels struck from 28 September to 1 October.Defense, oil and shipping https://crossassetdata.com/n/boeing-beats-northrop-for-the-navys-next-carrier-fighter-jet/https://crossassetdata.com/n/boeing-beats-northrop-for-the-navys-next-carrier-fighter-jet/Thu, 01 Oct 2026 12:00:00 GMTThe Pentagon valued the full-scale development contract at more than $20 billion, buying test aircraft for a jet meant to augment and then replace the Super Hornet and Growler from the 2030s, but did not say whether it is cost-plus or fixed-price, which matters to a Boeing defense unit that took a $280 million charge on its fixed-price Air Force One contract in the second quarter; Boeing, which won the Air Force's F-47 in 2025, now holds both services' next-fighter contracts.Aerospace and defense https://crossassetdata.com/n/cftc-lets-coinbase-clear-derivatives-fully-collateralized-only/https://crossassetdata.com/n/cftc-lets-coinbase-clear-derivatives-fully-collateralized-only/Thu, 01 Oct 2026 12:00:00 GMTThe order of Monday 28 September registers Coinbase Clearing LLC to clear futures, options on futures and swaps only when the most either side could lose is held in full from the start; Coinbase now owns an exchange, a broker and a clearing house, and says its margined futures, cleared by Nodal Clear, and its planned single stock perps stay with existing partners.Crypto derivatives and clearing https://crossassetdata.com/n/ferc-accepts-pjm-backstop-power-purchase-suspends-it-five-months/https://crossassetdata.com/n/ferc-accepts-pjm-backstop-power-purchase-suspends-it-five-months/Thu, 01 Oct 2026 12:00:00 GMTTuesday's order accepts a one-time purchase of up to 6,831 megawatts of new supply, with commitments of up to 15 years and an average cap of $555 per megawatt-day, and finds most of it just and reasonable, but sets it to take effect on 28 February 2027, subject to refund, while the cost split, the exit rules and the buyers' collateral go to briefing; PJM did not open the bidding planned for Wednesday 30 September.Electric power markets