Meta Plunges After Boosting Capex Outlook Again On "Higher Component Pricing"

Graham Calls For 'Short But Forceful' New Strikes On Iran, Complains Waiting For 'Status Quo' Talks Looks Weak At a moment the US-Iran ceasefire is officially on life support, and with the world's most critical energy chokepoint remaining blocked while the American consumer is paying the price at the pump, beltway hawks are calling for renewed major military action to 'solve' the standoff. Foremost among them, Senator Lindsey Graham, hit the Sunday news circuit to urge President Trump to rip up the current playbook and resume US major military strikes on Tehran....

40,000 U.S. Retail Stores Could Close By 2030 UBS consumer analyst Michael Lasser told clients that a further rise in e-commerce penetration, from about 22% today to as high as 27%, could force the closure of 40,000 U.S. retail stores by 2030. The warning comes as more than 10,000 stores have closed since late 2023, and shows how the shift to e-commerce is pressuring brick-and-mortar retail footprints nationwide. Lasser's forecast is that e-commerce penetration rates in the U.S. will top 27% by the end of the decade, up from the current 22%. Many...