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Trump Suspended ‘Project Freedom’ After Gulf Allies Pulled Support
President Donald Trump paused the operation to assist commercial ships through the Strait of Hormuz just hours after it was announced because key Gulf allies withdrew their support. According to two US officials speaking with NBC News, Saudi Arabia informed the US that it could not use its military bases or airspace for the operation […]
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May 21, 2026 / Tyler Durden
Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit
Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit
Extending concerns about US consumer weakness - now that the bumper OBBBA tax refund period is over - after yesterday's earnings by Home Depot and Target, this morning Walmart reported Q1 earnings (the last big company to report, rounding out earnings season) and warned that fuel costs are squeezing the company’s bottom line and could lead to higher prices for shoppers.
In the latest quarter, the world’s largest retailer said comparable sales in US stores rose 4.1%,...
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May 23, 2026 / Tyler Durden
"Some Progress Made" In Iran Peace Talks, Mediators Claim; Trump Says 'Solid 50/50' On 'Blowing Them To Kingdom Come'
Apr 21, 2026 / Tyler Durden
ActBlue Employees Invoked Fifth Amendment 146 Times During House Probe
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