Trump Calls Iranian Response to Peace Proposal ‘Totally Unacceptable’

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%,...

Brussels Eyes Wealth Taxes As Europe’s Fiscal Crisis Spirals Submitted by Thomas Kolbe A fatal fiscal dynamic has become entrenched across the European Union. In nearly every member state, public spending is accelerating at all levels — from municipalities and social insurance systems all the way up to the European Commission — while the private economy at best stagnates and its industrial core sectors visibly erode. This dangerous economic imbalance, in which a shrinking private sector is forced to finance a continuously expanding state apparatus, is already producing fiscal consequences visible in...

A senior Israeli military official said that the peace proposal being discussed by the US and Iran is a bad deal for Israel.  Ynet reports a senior official in the IDF said that the peace proposal being negotiated between the US and Israel would be “a bad deal for Israel.” The US and Israel started […]