Downtown Seattle Lost 30,000 Jobs Since 2020 Payroll Tax: Report

Futures On Edge As Sliding Chips Spark Another Korea Crash, Payrolls On Deck US equity futures have reversed all overnight losses which were driven by the latest crash in South Korean stocks, which plunged 8% and closed at LOD, driven by a plunge in memory stocks. Still, the Nasdaq is still lower with tech stocks depressed on news that Sam Altman's OpenAI is seeking to offer a 5% stake to Trump in what is clearly an attempt to incentivize the government to backstop the company whose revenues are clearly below...

Pentagon Denies Widespread Reports Of Iran's 'Dark' Tankers Breaching US Blockade Update(1510ET): The Pentagon has not been happy with today's media headlines that proclaimed Iranian 'dark' tankers (with their transponders switched off) have been able to penetrate and get past the US Navy's blockade. CENTCOM issued a late afternoon public message, stating: "Over past 24 hours, media reports have alleged that several commercial ships evaded the blockade, citing M/V Hero II, M/V Hedy, and M/V Dorena as examples. These reports are inaccurate. Hero II and Hedy did not sail past...

Swiss Government Discusses Revoking Protections, Benefits For Military-Aged Ukrainians During the opening years of the Russia-Ukraine war European states were quite welcoming to Ukrainian refugees and anyone fleeing the carnage and chaos, but now in the conflict's fifth year the general sentiment among EU populations and governments is changing. Switzerland, once hailed as Europe's most neutral state - and among the most 'welcoming' countries for asylum seekers - is mulling a policy change which would exclude Ukrainian men of military age from protections granted to refugees. The Swiss Federal Council announced in a...