Trump Declares Hormuz 'Never Again' Closed By Iranians, State Media Quickly Calls BS In New Threat

Saudi Aramco Evacuates HQ, All Staff Put On Remote Work Saudi oil giant Aramco has evacuated its headquarters in Dhahran after it recently came under a Houthi ballistic missile attack out of Yemen. Sources told the AFP and Reuters that the company told remaining staff to evacuate from its headquarters amid two weeks of intensified Houthi attacks across the region. via Saudi AramcoThe City of Dhahran is in the Eastern Province of the country, and is the administrative center for the Saudi oil industry. There are sprawling residential areas for employees near the...

Why Retail Traders Consistently Underperform Over Time Authored by Lance Roberts via RealInvestmentAdvice.com, Decades of data across global markets reach the same verdict: the more frequently retail traders trade, the worse they perform. The infrastructure has never been more inviting. The losses have never been more documented. Here are some key statistics we will dive into further. Retail traders have never had it so easy. Zero commission platforms, options on your phone, social media feeds full of “10 bagger” tips, and a Reddit thread for every stock in the S&P 500. The infrastructure for...

ADP Reports August Saw Weakest Job Growth Since January, Wage Growth Dips Following a weak JOLTS report (and mixed manufacturing PMI employment reports), ADP was expected to report a modest 47k increase in American jobs in August. It disappointed with only 37K jobs added in August (while July's 44k addition was revised up modestly to 46k)... This is the weakest monthly addition since January. Goods Producers shed jobs at the fastest pace since October... Manufacturing, professional services, and information shed jobs. Education and health care, construction, and leisure and hospitality all showed solid hiring. Base Pay...