All posts tagged: trades

House Dem Sam Liccardo probes suspicious oil trades during Iran war

House Dem Sam Liccardo probes suspicious oil trades during Iran war

Rep. Sam Liccardo, D-Calif., attends a news conference with members of the Congressional Hispanic Caucus during the House Democrats’ 2025 Issues Conference at the Lansdowne Resort in Leesburg, Virginia, March 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Sam Liccardo, D-Calif., is probing whether the nation’s top financial regulators are examining a number of trades placed moments before President Donald Trump provided a major update on the Iran war. In a letter to Securities and Exchange Commission Chair Paul Atkins and Commodity Futures Trading Commission Chair Michael Selig being sent Friday and shared exclusively with CNBC, Liccardo said he wrote to “express alarm over recent reporting that indicates large trades were made on crude oil prices and S&P 500 E-mini Futures right before the President announced action, or lack thereof, in Iran.” “The timing indicates bets were placed by those with advance knowledge of the President’s action, strongly suggesting illicit trading on insider information, in violation of the Securities and Exchange Act of 1934, the Commodity Exchange Act of 1936, and …

US probes suspicious oil trades made before Trump Iran pivots, source says

US probes suspicious oil trades made before Trump Iran pivots, source says

The US Commodity Futures Trading Commission (CFTC) is examining a series of trades in oil futures placed shortly before major shifts in President Donald Trump’s Iran war policy, a person familiar with the matter said on Wednesday (Apr 15). CFTC Chairman Michael Selig said in remarks prepared for delivery to Congress on Thursday that the agency will go after wrongdoers, but nothing in the testimony addressed any specific investigation and an agency spokesperson declined to comment. “I want to be crystal clear: to anyone who engages in fraud, manipulation, or insider trading in any of our markets: we will find you, and you will face the full force of the law,” Selig said in the remarks seen by Reuters. The CFTC probe is focused on trading of oil futures contracts on platforms belonging to CME Group and Intercontinental Exchange, with investigators examining at least two instances of oil trades made on Mar 23 and Apr 7, the source said. Well-timed trades may have generated millions of dollars in profits, drawing concern from lawmakers and legal …

Holly Humberstone: Cruel World review – Taylor Swift fave trades gothic melancholy for pop glow-up | Music

Holly Humberstone: Cruel World review – Taylor Swift fave trades gothic melancholy for pop glow-up | Music

As a profession, pop stardom has been in existential crisis for some time. It used to be simple – a hit single was the only real qualification – but in a post-monocultural world, the job title is often bestowed as a result of more piecemeal success: a Brit rising star award and Taylor Swift support slot here, 4m monthly Spotify listeners and a Top 5 album there. Cruel World album artwork. This, specifically, is the CV of Lincolnshire’s Holly Humberstone, who has established herself in the pop sphere without ever troubling the singles chart. While an undeniable banger has eluded the 26-year-old, her sound is faultlessly chart-friendly. Like Swift, Humberstone delivers earnestly wordy lyrics in intimate, near-ASMR tones atop 80s synth-pop decorated with a deluge of hooks. For this second album, she has dropped the hint of gothic melancholy that accompanied her debut, Paint My Bedroom Black. Cruel World is peppy bordering on euphoric: inordinately sunny break-up song To Love Somebody is powered by a stadium-ready pre-chorus, while the brilliantly catchy White Noise plugs into …

Ritchie Torres calls for probe into trades ahead of March Iran news

Ritchie Torres calls for probe into trades ahead of March Iran news

U.S. Rep. Ritchie Torres, a Democrat from New York, during an interview in New York, Jan. 28, 2025. Victor J. Blue | Bloomberg | Getty Images U.S. Rep. Ritchie Torres, D-N.Y., on Wednesday called for a federal probe into suspicious trading activity in oil and equity futures markets just before President Donald Trump’s announcement of a five-day delay in attacks on Iran’s energy infrastructure in March. In a letter to Securities and Exchange Commission Chair Paul Atkins and Commodity Futures Trading Commission Chair Michael Selig first obtained by CNBC, Torres cites reports on a series of irregular and well-timed trades in the minutes ahead of Trump calling a pause on hostilities. “What kind of trader would make a massive trade at 6:49 a.m., 15 minutes before a market-moving presidential announcement with billions of dollars at stake and without a hedge?” Torres said in an interview Wednesday. “The only plausible answer to that question is an insider trader. Any other alternative is a statistical impossibility.” More than $500 million in crude oil futures trades were made …

Why young workers are learning skilled trades to beat student debt and an AI job desert

Why young workers are learning skilled trades to beat student debt and an AI job desert

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Did we “overdo” the emphasis on university – and leave young people facing a jobs crisis as a result? That’s what Larry Fink, the chair and CEO of the world’s largest asset management company, BlackRock, reckons. In a recent interview with the BBC, the billionaire businessman said that we have spent decades idolising office jobs in industries such as finance and law, while undervaluing skilled trades. But now, as developments in AI are putting junior jobs at risk, Fink believes that “we need to now rebalance that approach” and recognise that a career as a plumber or an electrician “can be just as strong”. Technological advances are rapidly reshaping the job landscape, as many recent graduates are now discovering. According to a recent report …

NFL Will Consider a Rule Change Allowing Draft Pick Trades up to 5 Years in the Future

NFL Will Consider a Rule Change Allowing Draft Pick Trades up to 5 Years in the Future

The Cleveland Browns are proposing a rule change that would allow NFL teams to trade draft picks five years into the future instead of three. The league announced on Wednesday that only two teams submitted proposals that will be considered by owners at the league meetings later this month with the other coming from the Pittsburgh Steelers about contacting players during the free agent negotiating period. NFL executive Troy Vincent said last month at the scouting combine that no team had submitted a proposal to ban the tush push after Green Bay’s proposed rule change was narrowly defeated last year. There were no other on-field rule changes proposed by teams this year, although the competition committee will announce next week its proposed rule changes. Any changes need to be approved by at least 24 of the 32 teams. The most significant proposal came from the Browns, who are trying to extend how far into the future teams can trade draft picks. Current rules only allow teams to trade draft picks up to three years into …

Trump trades blows with Dem governors

Trump trades blows with Dem governors

Pumps and pipes divert raw sewage on Feb. 16, 2026, into the C&O Canal and around a broken section of the Potomac Interceptor, a 6-foot-wide pipe that collapsed on Jan. 19 between the Clara Barton Parkway and the canal in Cabin John, Maryland. Chip Somodevilla | Getty Images President Donald Trump on Tuesday stepped up a feud with Democratic leaders of Maryland, Virginia and Washington over a massive sewage spill into the Potomac River, and it’s turning into a messy political battle. More than 200 million gallons of wastewater gushed into the Potomac in recent weeks. A pipe collapsed in January on the Potomac Interceptor sewage line alongside the Clara Barton Parkway in Maryland, just outside of the District of Columbia. The pipe and the sewage line are managed by DC Water, an independent utility that serves the capital area and is managing the disaster. Trump on Tuesday demanded regional Democratic leaders ask him for help in fixing the spill, seemingly backtracking after he announced on Monday that his administration would be taking over the …