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"Bit Of Chaos": Hormuz Shuts Agains As Ships Make U-Turn
"Bit Of Chaos": Hormuz Shuts Agains As Ships Make U-Turn
The Trump administration’s "baffle 'em with bullshit" methodology has been on full display, as the reopening of the Hormuz chokepoint on Friday drove a broad risk-on in markets: US equities soared, crude collapsed, and Treasury yields declined, based on the assumption that disruption to global energy flows had eased. However, as of early Saturday morning, those moves may prove premature.
The Wall Street Journal reports that the world’s most important maritime chokepoint is once again closed to commercial transit.
About 20 ships...
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"I Ain't Playin'": Cognizant, Cloudera PERM Filings And H-1B Processing Suspended
"I Ain't Playin'": Cognizant, Cloudera PERM Filings And H-1B Processing Suspended
Authored by Kimberly Hayek via The Epoch Times,
The Labor Department's inspector general said Tuesday that federal officials have suspended PERM filings for tech company Cognizant and software company Cloudera and halted H-1B processing for both firms.
The logo of U.S. multinational information technology consulting and outsourcing company Cognizant in the Alpine resort of Davos during the World Economic Forum (WEF) annual meeting on Jan. 20, 2026. Ina Fassender/AFP via Getty Images
Inspector General Anthony D'Esposito posted the announcements on X throughout...
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Aug 9, 2026 / Tyler Durden
Trump Says "We Are Low Keying It" With Iran As Options For Walking Away Have Drastically Narrowed
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