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Report: Saudi Arabia Pressing US To End Its Blockade of the Strait of Hormuz
Saudi Arabia is pressing the Trump administration to end its blockade of the Strait of Hormuz and return to negotiations with Iran over fears that the US move could lead to the closure of the Bab el-Mandeb Strait, according to a report from The Wall Street Journal. The Bab el-Mandeb Strait is another vital waterway […]
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May 14, 2026 / Tyler Durden
Why UBS Is Bullish On Take-Two Ahead Of Grand Theft Auto VI Launch
Why UBS Is Bullish On Take-Two Ahead Of Grand Theft Auto VI Launch
UBS analysts reiterated that Take-Two Interactive is their top U.S. gaming pick, with the highly anticipated release of Grand Theft Auto VI still scheduled for early November.
"We recently framed TTWO as our top pick in the U.S. interactive gaming space," analyst Christopher Schoell told clients.
Schoell said, "Concerns around AI and the potential for a new wave of content to hit the market/compete for engagement have weighed on the sector," adding, "We believe the fears for TTWO are...
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May 13, 2026 / Tyler Durden
Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In
Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In
With global refineries working overtime to convert oil into much needed product, Japan's refinery utilization rates also surged in May, as releases from petroleum reserves and increased supply of non-Middle East crude are easing the crude supply crunch seen in March and most of April, OilPrice reported.
For the first time since March, refiners in Japan have boosted their average utilization rate to above 70% in the past two weeks, data from the Petroleum Association of Japan (PAJ) showed on...
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May 1, 2026 / Tyler Durden
This Is The Salary Needed To Live Comfortably In US Cities
This Is The Salary Needed To Live Comfortably In US Cities
How much do you need to earn to live comfortably in a major American city? Increasingly, the answer is a six-figure salary.
This map, via Visual Capitalist's Bruno Venditti, shows the income required for a comfortable lifestyle across 56 U.S. cities, factoring in housing, food, transportation, savings, and discretionary spending.
The data comes from SmartAsset, using the MIT Living Wage Calculator and updated in February 2026.
The Highest-Cost Cities Now Require Nearly $160K
New York tops the list at $158,954, narrowly ahead of San...
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