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Ceasefire Over? US Mum As UAE, Israel Prepare Military Response After Fresh Iranian Cross-Gulf Missile Attack

Ceasefire Over? US Mum As UAE, Israel Prepare Military Response After Fresh Iranian Cross-Gulf Missile Attack Summary Fujairah says 3 injured in Iranian attack on Oil Industry Zone, UAE confirms "air defenses are now dealing with a missile threat", we have gotten reports of explosions in Dubai, which has sent oil higher and Emini futures into the red. UAE threatens retaliation.  CENTCOM hails two US merchant ships exiting Hormuz Strait safely in "first step". Bessent issues remarks warning the US "will fire if fired upon." Iran insists Hormuz is under its control & says...
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Apr 15, 2026 / Dave DeCamp
US Catholic Bishops Clarify Just War Theory After Vance Says Pope Leo Should Be ‘Careful’ in His Comments
The US Conference of Catholic Bishops (USCCB) on Wednesday released a statement in response to Vice President JD Vance’s reference to the Catholic Church’s just war theory while criticizing Pope Leo XIV’s recent comments on war. Vance made the comments at a Turning Point USA event on Tuesday night, saying that Pope Leo should be […]
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Feb 24, 2026 / Tyler Durden
Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom
Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom After Boomers and Gen X dragged The Conference Board Confidence measure down to eight month lows to end 2025, expectations were for a rebound to start 2026. Instead, January was a bloodbath with all the cohorts tumbling. Today sees February's data released with expectations for a rebound, particularly in expectations... and the consensus was right. The headline Consumer Confidence print rose from 84.5 (revised dramatically up to 89.0) to 91.2 (better than the 87.1 expected) Under the hood it was kind of crazy with the...
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May 11, 2026 / Tyler Durden
Memory Crunch Sends Nintendo Shares Deeper Into Bear Market
Memory Crunch Sends Nintendo Shares Deeper Into Bear Market Nintendo shares plunged deeper into bear-market territory Monday after the company's full-year operating income forecast missed Bloomberg Consensus estimates. Traders were spooked on soft Switch 2 hardware and software guidance, and the margin squeeze from surging memory-chip costs continues to weigh on earnings, first pointed out by Goldman in late Decemeber. Nintendo forecast 16.5 million Switch 2 console sales and 60 million software copies this year, disappointing Wall Street analysts who were expecting a much stronger forecast after the console's launch nearly...
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