Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism

Hormuz And The Law Of Diminishing Returns: When Leverage Burns Authored by Tamuz Itai via The Epoch Times, For months, the assumption that the Strait of Hormuz was Tehran's ultimate card dominated commentary on the war. Vessels are seen in the Strait of Hormuz, off the port city of Bandar Abbas in southern Iran on Aug. 10, 2026. Atta Kenare/AFP via Getty Images As a narrow waterway through which roughly one-fifth of the world's oil and a substantial share of liquefied natural gas had historically passed, it appeared to be a chokepoint Iran...

Restaurant Carnage Spreads As Two More Major Operators Go Bankrupt The restaurant industry is suffering yet another brutal shakeout.Two more major restaurant franchise operators have filed for Chapter 11 bankruptcy protection, adding to a growing list of companies struggling to survive mounting debt, rising operating costs, and financially squeezed consumers.EYM Diner, a 30-unit Denny's franchise operator, filed for bankruptcy on November 4, reporting between $10 million and $50 million in liabilities, according to Nation's Restaurant News. In addition to the Denny's franchise operator, Schlotzsky's franchise operator has also sought Chapter...

Residents Storm City Council In Texas Over Islamic Center Approval Authored by Steve Watson via Modernity News, Outrage is boiling in North Texas after the McKinney City Council voted 7-0 to greenlight a major new Islamic center complex, brushing aside hours of public testimony that included a direct warning from an Iranian Christian who fled Sharia law. Citizens packed City Hall for a marathon session that stretched past midnight. More than 150 people signed up to speak. The approved site plan covers roughly 5.5 acres at Virginia Parkway and Crutcher Crossing. It...