Vance Claims Iran Could Make Nuclear Suicide Vest

UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends In a continuation of our note on the health of America's restaurant industry, we cite UBS analyst Dennis Geiger for a second straight week, as his coverage of the consumer and restaurant sectors has been spot on. Sentiment toward chain eateries remains "generally cautious," with macro pressures, elevated gas prices, and weak demand among lower-income consumers continuing to weigh on traffic and sales trends. Last week, Geiger warned, "Challenged traffic and sales trends likely reflect depressed consumer sentiment across several cohorts,...

These Consumer Goods Could Be First To Vanish As "Supply Shock" Disrupts Asian Factories Goldman analysts warned that the petrochemical supply shock sweeping across Asia is now morphing into a full-blown COGS shock, hitting a range of industries with factories across the region. The immediate consequence is that manufacturers - from sofa makers to apparel producers - are being forced to dial back production and, in some cases, idle plants altogether as soaring petrochemical-linked input costs drive up the price of plastics and other key materials. In the note "Petrochemical...

Trump: Holding Off 'Planned' Attack On Iran At Request Of Gulf Allies, 'Deal Will Be Made' Summary Trump says holding off on 'planned' Tuesday attack upon request of Gulf states. US denies earlier Tasnim report of agreeing to lift oil sanctions during talks; Trump tells NYP 'not open' to Iran concessions. Trump calls for Iran's total military surrender in Monday morning Truth Social post. Oil rebounds on Tasnim reporting Iranian denial: Tehran "under no circumstances" will negotiate nuclear issue as part of an end to the war. A flurry of (the somewhat typically-timed) Monday opener...