American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins

Update: CENTCOM said the remains of two US soldiers were recovered, raising the overall death toll to six. The US military losses are beginning to build in the war against Iran. President Donald Trump acknowledged that more US troops will die in the fighting.  On Monday, Central Command reported that a US soldier who was […]

Hegseth Ousts Chief Of The Army As Iran War Persists The Pentagon shake-up under Trump has not ended, as on Thursday Pete Hegseth has dismissed Army Chief of Staff Gen. Randy George, asking him to step down into early retirement. The move is unusual, given this is the head of the Army and the United States is past the one-moth mark in Trump's Operation Epic Fury. A reason hasn't been given as to what amounts to Gen. George being effectively fired. CBS writes, "One of the sources said Hegseth wants someone in the...

Lululemon Bear Market Deepens After Guidance Cut Spooks Wall Street Lululemon tumbled in New York premarket trading as its multi-year bear market deepened, with shares on track to revisit levels last seen since 2018 after a guidance cut.  The struggling athleticwear company now expects full-year revenue of $11 billion to $11.15 billion, below the Bloomberg Consensus estimate of $11.49 billion, while its second-quarter sales and profit forecasts also missed the mark. Full Year Forecast (courtesy of Bloomberg): Sees net revenue $11 billion to $11.15 billion, saw $11.35 billion to $11.5 billion, estimates...