NATO Member Spain Closes Airspace To US Planes Involved In Iran Operations

Waste Of The Day: Disaster In Small NM Village Authored by Jeremy Portnoy via RealClearWire, Topline: The Village of Cuba, New Mexico, has had "a sustained and indefensible breakdown in accountability over public funds" since at least 2020, according to a state audit released in May. The report identified dozens of issues, including a public official with $11,471 in unpaid water bills and another who used public funds to buy a Subaru Crosstrek without approval. Key facts: Auditors found the village never implemented proper processes to monitor its payroll, bank accounts, credit...

How U.S. Retailers Are Absorbing The Fuel-Price Shock We have diligently tracked the Gulf-related fuel-price shock hitting the American consumer, with prices rising at the fastest rate in three years, personal savings depleted, and spending still running hot, a trend Goldman flags as increasingly troubling for the broader economy. This cocktail has revived uncomfortable memories of the 1970s: higher energy costs, squeezed households, and a consumer still spending into weakness. But another important area of coverage is how companies are faring as freight, fuel, and supplier costs, along with tariff pressures,...