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"Optimism Has Picked Up": Retail Operators See Consumer Relief After Gas Prices Tumble
"Optimism Has Picked Up": Retail Operators See Consumer Relief After Gas Prices Tumble
As soon as the national average for 87-octane gasoline at the pump dipped below the politically sensitive $4-a-gallon level early last week, we observed multiple institutional desks begin to forecast that the light at the end of the tunnel was beginning to materialize for consumers, especially working-class households that have been financially battered by surging fuel prices over the past several months.
UBS analyst Mark Paski told clients about "early signs of a turn in U.S. consumer discretionary."
Then,...
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Mar 10, 2026 / Tyler Durden
Hormuz Mine Threat Emerges; White House Denies Tanker Escort
Hormuz Mine Threat Emerges; White House Denies Tanker Escort
Update (1431ET):
And there we have it: *LEAVITT: US NAVY HAS NOT ESCORTED TANKER THROUGH HORMUZ
Shortly after the farce of Secretary Wright's deleted tweet on a US military-escorted tanker, CBS' Jim LaPorta reports that U.S. intelligence assets have begun to see indications Iran is taking steps to deploy mines in Strait of Hormuz shipping lane.
LaPorta added that Iran is reportedly using smaller crafts that can carry 2 to 3 mines each. While Iran’s mine stock isn’t publicly known, estimates over the years have...
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Nov 1, 2026 / Dave DeCamp
Saudi Attacks in Yemen Have Killed 232 Civilians Since July: Health Ministry
Saudi attacks in Yemen have killed at least 232 civilians, including 68 children and 35 women, since Riyadh reignited the war by bombing the Sanaa International Airport on July 13, the Health Ministry within the Ansar Allah-led Yemeni government said on Saturday. On top of the deaths, the Health Ministry said that 536 civilians, including […]
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Nov 9, 2026 / Tyler Durden
Israel Is 'Rich Enough' To Buy US Weapons Without Financial Aid, Rubio Says
Israel Is 'Rich Enough' To Buy US Weapons Without Financial Aid, Rubio Says
The White House is much too late in belateldy 'discovering' this talking point, but admin officials continue to say that it's time for Israel to stand on its own and begin purchasing weapons without relying on US financial assistance.US Secretary of State Marco Rubio on Monday stated, "Israel is now prosperous and rich enough to be able to be a sales country. They can buy weapons from us, but we no longer have to provide the financing."
via...
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