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Norwegian Cruise Cuts Outlook On Gulf Disruptions, Fuel Shock
Norwegian Cruise Cuts Outlook On Gulf Disruptions, Fuel Shock
Norwegian Cruise Line Holdings shares fell in premarket trading in New York after the cruise ship operator lowered its full-year 2026 outlook, as disruptions in the Middle East, higher diesel costs, and softer travel demand in Europe weighed on first-quarter bookings.
"The Company is experiencing headwinds related to disruptions in the Middle East, including higher fuel expense and signs of softer demand as consumers reevaluate travel plans, particularly to Europe," Norwegian Cruise wrote in a press release.
It continued, "As previously noted,...
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Jun 11, 2026 / Tyler Durden
One Forgotten Housing Supply-Side Lever Could Unfreeze Affordability
One Forgotten Housing Supply-Side Lever Could Unfreeze Affordability
Rental affordability remains far superior to mortgage affordability, with the U.S. 30-year fixed mortgage rate trending around 6.5% in early June. With home prices still at record highs, last week's housing report showing sellers pulling listings at a near-record pace as buyers balk at prices is yet another warning sign that the frozen housing market remains well intact.
The Trump administration's affordable housing strategy focuses on market deregulation, expanded homeownership, stricter citizenship requirements for federal housing assistance, and Fannie Mae and Freddie Mac...
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Jun 2, 2026 / Tyler Durden
Russia Unleashes Its Threatened Mass Bombardment: At Least 18 Killed, Over 100 Wounded Across Ukraine
Russia Unleashes Its Threatened Mass Bombardment: At Least 18 Killed, Over 100 Wounded Across Ukraine
The Kremlin spent much of the last week warning foreign diplomats and bystanders to evacuate Ukraine's capital, warning that an escalation in airstrikes is imminent, in response to Ukraine's own drone swarms sent against Moscow and other Russian sites last month - especially the Starobelsk dormitory attack.
"In response to terrorist attacks by the Kyiv regime, the Russian Armed Forces launched a large-scale strike using long-range, high-precision air, land and sea-based weapons — including hypersonic aero-ballistic missiles...
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Apr 6, 2026 / Tyler Durden
NATO Was A Big Loser In The Iran War
NATO Was A Big Loser In The Iran War
Authored by Victor Davis Hanson via The Epoch Times (emphasis ours),
NATO members are not legally required to join any member’s military operations that are not formally sanctioned by the alliance or not aimed at protecting the homelands of the membership.
But they often do just that.
President Donald Trump speaks from the Cross Hall of the White House in Washington on April 1, 2026. Alex Brandon/Pool/Getty Images
Some NATO members joined the Americans in Afghanistan and Iraq on the theory that, in the post-9/11...
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