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US Strikes Iran In Retaliation To Hormuz Ship Attack
US Strikes Iran In Retaliation To Hormuz Ship Attack
Update (5:00pm ET): As was expected, the US retaliated against Iran one day after Tehran struck a commercial ship in the Strait of Hormuz, a tit-for-tat exchange similar to one observed a week ago, and one which threatened to break the two countries’ fragile ceasefire although we doubt there will be further escalation.
US Central Command said that American aircraft on Friday hit Iranian missile and drone storage sites as well as coastal radar installations, reportedly on Sirik Island located near the Strait...
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Jun 29, 2026 / Tyler Durden
Amazon Prime Day Sales Rise 9% Year Over Year, Topping $26 Billion
Amazon Prime Day Sales Rise 9% Year Over Year, Topping $26 Billion
Americans spent a record $26.4 billion during Amazon's four-day Prime Day sales event, a 9.3% increase from a year earlier, per Adobe Analytics and according to Reuters.
The gains were fueled by heavy promotions across categories including electronics, appliances, clothing, toys, personal care products, and household necessities, as consumers looked to maximize savings amid ongoing cost pressures.
Industry analysts said several factors contributed to the stronger spending, including larger tax refunds and early back-to-school purchases, which gave many households extra...
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May 7, 2026 / Tyler Durden
The Democratic Party Is Dead, Long Live The Jacobins!
The Democratic Party Is Dead, Long Live The Jacobins!
Authored by Victor Davis Hanson via American Greatness,
For the past century, the agendas of the Democratic Party were predictable. They professed concern for working Americans and supported blue-collar unions.
Unemployment insurance, a 40-hour work week, disability insurance, and Social Security were their trademarks—often rapidly achieved by growing government bureaucracies and continually raising taxes. Still, many Democrats were socially conservative.
By the 1970s, Democrats still deplored antisemitism. Party officials had rejected their own segregationists to champion civil rights.
Presidents like Franklin Roosevelt, Harry Truman, and...
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Mar 24, 2026 / Tyler Durden
Dry Van Spot Rates Highest Since 2022 As Spring Tightens Capacity
Dry Van Spot Rates Highest Since 2022 As Spring Tightens Capacity
Submitted by FreightWaves,
The freight market momentum is building at a rapid clip.
National dry van spot rates — tracked via the SONAR National Truckload Index, the 7-day moving average of booked rates including fuel — have broken out to a new cycle high of $2.89 per mile.
This represents the strongest level since 2022 and confirms the market’s shift toward carriers is gaining real traction.
Even more telling: rates jumped $0.12 per mile in the past week alone. That’s a sharp...
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