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Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars
Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars
With the nationwide average gasoline price accelerating above the politically sensitive $4-per-gallon level, and the consumer backdrop for low-income households darkening, Goldman analysts published a note on Wednesday identifying which big-box retailers have the greatest exposure to working-poor households.
"Our economists expect spending headwinds from higher inflation to weigh on growth for the rest of the year," Goldman Sachs Managing Director Kate McShane wrote in the note. She covered how Goldman analysts raised their Brent forecast for the fourth quarter of...
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May 19, 2026 / Tyler Durden
Shooters And Motives Revealed In San Diego Mosque Shooting That Killed Three
Shooters And Motives Revealed In San Diego Mosque Shooting That Killed Three
The two young alleged gunmen who descended upon a San Diego Islamic facility on Monday -- killing three men and themselves -- have been identified, along with early indications of their motives. Police sources have told multiple outlets that 17-year-old Cain Clark and 18-year-old Caleb Velasquez -- driven by hate -- scrawled racist themes on their weapons and carried a gas can emblazoned with a Nazi SS sticker. One of them left a suicide note emphasizing "racial pride."
While school-wrestler...
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May 10, 2026 / Tyler Durden
Iran Responds To US Peace Proposal, While Threatening 'Decisive' Strike On UK, French Warships If They Approach Strait
Iran Responds To US Peace Proposal, While Threatening 'Decisive' Strike On UK, French Warships If They Approach Strait
Summary
Iran warns of 'decisive, immediate' response to British or French warships approaching Hormuz Strait.
Iran responds Sunday to US peace proposal, finally submitting something official to Pakistan. Details not initially disclosed. Trump TS: Iran "playing games with the United States."
IRGC new warning: will unleash "heavy attack" on US bases in region if more Hormuz aggression persists.
The still not publicly seen Supreme Leader has met with a top Iranian military commander to talk 'readiness' against...
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May 18, 2026 / Kyle Anzalone
Report: ICC Prosecutor Seeking Arrest Warrant for Israeli Minister Smotrich
A prosecutor at the International Criminal Court is seeking an arrest warrant for Israeli Finance Minister Bezalel Smotrich. Middle East Eye reported speaking with officials on Monday who confirmed that the office of the prosecutor at the ICC is seeking a warrant for Smotrich for alleged war crimes and crimes against humanity committed against Palestinians […]
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