UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends

Watch Live: White House Addresses Fragile Iran Truce All eyes are on the very shaky Iran ceasefire, at a moment Tehran is already threatening to pull out due to heavy Israeli attacks on Lebanon. Iran says it has again halted Hormuz oil transit, and there's much that's still up in the air and uncertain. The briefing with press secretary Karoline Leavitt is expected to begin at 1300ET: Washington and Tehran have just entered a two-week ceasefire, brokered by Pakistani mediation, aimed at negotiating a broader settlement following over a month of brutal...

Scammers Demand Crypto From Stranded Ships In Strait Of Hormuz: Report Authored by Amin Haqshanas via CoinTelegraph.com, Fraudulent actors posing as Iranian authorities have reportedly sent messages to shipping companies whose vessels remain stranded west of the Strait of Hormuz, demanding payment in cryptocurrency for safe passage. On Monday, maritime risk company Marisks issued a warning saying unknown groups had contacted shipowners claiming to represent Iranian security services and requesting transit “fees” in Bitcoin or USDt in exchange for clearance through the strait, according to Reuters. “These specific messages are a scam,” Marisks reportedly said,...

Feds Seize Over A Ton Of Cocaine At Massive US-Mexico Drug-Smuggling Tunnel Authored by Jill McLaughlin via The Epoch Times, Authorities charged four suspects on June 1 with felony drug distribution violations after finding a hidden tunnel used by drug runners inside a retail store in San Diego County that led into Tijuana, Mexico. Investigators also seized more than a ton of cocaine worth about $45 million in connection with the subterranean tunnel, according to the U.S. Attorney’s Office and the U.S. Homeland Security’s Tunnel Task Force in charge of the operation. “For...