Israeli Knesset Passes Death Penalty Bill for Palestinians

Trump Admin Nears Possible Rescue Deal For Spirit Airlines As 14,000 Jobs At Risk The Wall Street Journal reports that the Trump administration is nearing a rescue deal for bankrupt Spirit Airlines that could include up to a $500 million loan in exchange for warrants that would give the federal government a potentially large equity stake. The WSJ noted that the Transportation and Commerce Departments are involved in talks to help save struggling Spirit, which faces the risk of imminent liquidation. *TRUMP ADMIN. NEARS ~$500M RESCUE DEAL FOR SPIRIT AIRLINES:...

Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress Oil market experts at Rapidan Energy Group warn that a prolonged closure of the Strait of Hormuz could trigger an oil shock severe enough to hit consumers hard and push the economy into a downturn on a scale approaching that of the 2008 Great Recession. That warning was reinforced by a UBS analyst, who cautioned that sharper slowdowns for working-class households could emerge this summer as gasoline pump prices average north of $4.50 per gallon this week and collide...