Trump Says Iran and Israel Must ‘Stop Shooting’ After They Exchange Strikes

Conference Board Confidence Unexpectedly Jumped Amid War In March Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected. Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp) Source: Bloomberg Among demographic groups, confidence on a six-month moving average basis continued to moderate...

French Carrier Traverses Suez Canal For Belated Possible Hormuz Mission  France and Britain could be poised to very belatedly join the party in Middle East regional waters, according to movements of warships as well as fresh statements. Egypt and France on Wednesday oversaw the transit of the French aircraft carrier Charles de Gaulle through the Suez Canal as part of a southbound convoy, the Suez Canal Authority announced. Charles de Gaulle carrier, via National Interest The French Ministry of the Armed Forces has announced the nuclear-powered carrier is deploying to the Red Sea...

Lululemon Calls Truce With Founder Chip Wilson After Stock Collapse, Leggings Quality Implosion Lululemon has settled its proxy fight with founder Chip Wilson, ending one of the year's top proxy battles, according to Reuters. This follows a fiery letter to shareholders from Wilson earlier this year, calling for activism, as the athletic apparel retailer has seen its shares collapse, lost market share in the leggings market, and become entangled in multiple see-through leggings quality-control issues with customers. Reuters first reported Tuesday evening that Lululemon and Wilson were nearing a settlement that...