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Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE
Summary
Trump employs interesting new term: "We’re in, I call it a mini-war."
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...
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Jan 23, 2023 / Brian Bushard
2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught
Music streaming giant Spotify will lay off about 6% of its workforce, Daniel Ek, the billionaire CEO of the Stockholm-based company announced Monday, becoming the latest company to dramatically reduce headcount as fears of a looming recession continue into the new year.
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Apr 15, 2026 / Tyler Durden
Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is "Premature"
Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is "Premature"
Goldman's Natasha de la Grense summed it up well this morning: "Money was waiting on the sidelines to buy luxury for a de-escalation play – that feels premature with three misses in three days."
Disappointments from Kering and Hermès, both of which fell short of analyst estimates, reinforced the view that the industry of fine wine, overpriced shirts, shoes, belts, and designer bags, is not yet out of the woods and sent the Goldman Sachs EU Luxury...
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Mar 24, 2026 / Tyler Durden
Dry Van Spot Rates Highest Since 2022 As Spring Tightens Capacity
Dry Van Spot Rates Highest Since 2022 As Spring Tightens Capacity
Submitted by FreightWaves,
The freight market momentum is building at a rapid clip.
National dry van spot rates — tracked via the SONAR National Truckload Index, the 7-day moving average of booked rates including fuel — have broken out to a new cycle high of $2.89 per mile.
This represents the strongest level since 2022 and confirms the market’s shift toward carriers is gaining real traction.
Even more telling: rates jumped $0.12 per mile in the past week alone. That’s a sharp...
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