the trump administration is widening its crackdown on wind farms, citing national security. the defence department is stalling 165 projects as the president steps up efforts to stamp out the industry. no timeline was given for when — or if — those projects might move forward.
source: ft_home
sentiment: -0.40 · impact: 0.70
oil started the week higher on a disputed claim of an iranian strike on a u.s. navy ship in the strait of hormuz. the report, which hasn't been confirmed by u.s. officials, added fresh volatility to crude markets. the strait of hormuz is a key chokepoint
source: marketwatch_top sentiment: -0.70 · impact: 0.80
kevin warsh, trump's pick to lead the fed, is drawing confusion from six former fed officials over his views on fed independence. the sticking point: he draws a line between monetary policy — which he says should be "strictly independent" — and "non-monetary matters" like international
the weight-loss and diabetes drug boom is creating a bubble risk for pharma, according to a deloitte report out monday. r&d returns for the top 20 pharma companies hit 7% for a third straight year, driven almost entirely by glp-1 drugs like wegovy and zepbound. strip those out
