US Treasury Secretary Threatens Oman With Sanctions If It ‘Facilitates Tolls’ for the Strait of Hormuz

Beer Demand Goes Flat As Even Alcoholics Pull Back With Gas Above $4 Beer sales across the U.S. over Memorial Day weekend were troublingly soft, according to a new Goldman report, which attributed the weakness primarily to a "challenging macro backdrop" and unusually cold weather across parts of the Lower 48 states. The Gulf-related fuel price shock has kept the national average for 87-octane gasoline above the politically sensitive $4-per-gallon threshold for more than 66 days, or roughly two months. Consumers are already pulling back on purchases at gas stations and...

Ken Griffin "Doubles Down On Miami" After Mamdani's "Creepy And Weird" Video Vilifying Him Ken Griffin said New York Mayor Zohran Mamdani’s push for higher taxes on second homes has reinforced Citadel’s commitment to Miami — and even led the firm to scale up its planned headquarters there, according to Bloomberg. Speaking Tuesday at the Milken Institute Global Conference, Griffin said Citadel decided to enlarge its Miami office project after Mamdani publicly referenced his $238 million Central Park South penthouse while promoting a new pied-à-terre tax proposal. “We went to Miami and...