South Korea's JTBC defaults on securitized loans, downgraded to junk by local ratings firm, triggering rating cuts across parent JoongAng Group

Bundesbank's Nagel warns inflation could stay elevated even if Iran war ends, citing lasting energy supply chain disruptions.

Bundesbank President Joachim Nagel said inflationary pressures could remain elevated for an extended period, even if the war in Iran ends in the near term, citing lasting disruptions to energy supply chains, refinery capacity, and global trade flows.

Global debt hits record $353 trillion, bolstering case for hard assets

Global debt reached a record $353 trillion, reinforcing the case for hard assets.

U.S. cattle crisis forces major beef plant shutdown, eliminating nearly 1,500 jobs. The closure reflects deepening supply pressures in the American beef industry.

U.S. cattle crisis forces major beef plant shutdown, eliminating nearly 1,500 jobs.

U.S. debt interest costs hit record, surpassing defense and Medicare spending — America now spends $3.6 billion a day servicing its debt, according to First Squawk.

The United States is spending $3.6 billion per day on debt interest costs, which have hit record levels and now exceed spending on defense and Medicare.