Iran War Is Putting Israel First

Prime Minister Benjamin Netanyahu declared that Hamas must be dismantled before any reconstruction can begin in Gaza. He added that Palestinians can just leave.  “There will be no reconstruction in Gaza without dismantling and demilitarizing the Strip,” Netanyahu said on Sunday. “Gazans should have freedom of choice: Whoever wants to leave should be able to […]

UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades There is certainly a growing consensus on Wall Street that the tax-refund sugar high is fading just as consumers' financial profiles deteriorate. The latest read-through comes from UBS analyst Dennis Geiger, the bank's U.S. restaurants equity research analyst, who warns that a toxic cocktail of macro pressures is likely to crimp restaurant spending in the second half of the year. Geiger warned in a note that elevated gas prices at the pump appear to be offsetting tax-rebate benefits, while...

Ukrainian drones killed at least two civilians in Russia on Sunday and set another oil refinery on fire, according to local Russian officials, as Ukraine continues sending drone swarms into Russian territory on a daily basis. According to the Russian news agency TASS, a civilian was killed in Russia’s Belgorod region, which borders Ukraine, and […]