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Trump Orders Navy 'Shoot & Kill' Iranian Boats, Says 'Doesn't Need A Deal' As US Intercepts Tankers From Hormuz To Indian Ocean
Trump Orders Navy 'Shoot & Kill' Iranian Boats, Says 'Doesn't Need A Deal' As US Intercepts Tankers From Hormuz To Indian Ocean
Summary
Iranian sources to Chinese state media says 'breakthrough' toward restarting US talks again could come 'tonight or tomorrow'.
Trump orders US Navy 'shoot & kill' small Iranian boats amid concern over mines in Hormuz. Says US now "doesn't need a deal".
Overnight, US military intercepted two more Iranian oil supertankers that tried to evade the blockade And in Indian Ocean US conducted a maritime interdiction and right-of-visit boarding of the sanctioned stateless vessel...
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Mar 27, 2026 / Tyler Durden
Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos
Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos
At 2:22 a.m. EST, the Senate unanimously passed a spending bill to fund the Department of Homeland Security after a 40-day shutdown that disrupted airport security and sparked travel chaos for millions of Americans.
The bill, which excludes funding for Immigration and Customs Enforcement and Customs and Border Protection, still needs House approval and President Trump's signature. The overnight breakthrough came as airport TSA lines worsened nationwide this week, with TSA agents calling out sick or quitting due to...
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Mar 24, 2026 / Tyler Durden
US PMIs Signal Stagflation Fears Accelerating As War Started
US PMIs Signal Stagflation Fears Accelerating As War Started
With 'hard' US macro data having drifted weaker all year, consensus was expecting only a modest decline in S&P Global's US Composite index in preliminary March data (that presumably will be affected in some part by the war and its consequences).
The consensus was right, but the picture was mixed with Manufacturing PMI surprising to the upside (52.4 vs 51.5 exp vs 51.6 prior) - highest since Oct 2025.
Services PMI, on the other hand, disappointed, falling to the lowest since April 2025...
Source: Bloomberg
Overall,...
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Mar 21, 2026 / Tyler Durden
New York City Is Spending $81,000 Per Year On Each Homeless Person
New York City Is Spending $81,000 Per Year On Each Homeless Person
New York City spent about $368 million last year on services for people living on the streets, which equals roughly $81,000 per unsheltered person, according to the NY Post.
Spending through the city’s New York City Department of Homeless Services street outreach programs has increased sharply over the past several years. In 2019, the city spent about $102 million on these services, averaging around $28,000 per unsheltered individual. By the 2025 fiscal year, the average cost had risen to...
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