DHS Deports Convicted Child Rapist Gov. Tim Walz Pardoned

Initial Jobless Claims Continue To Signal No Labor Market Stress The number of Americans filing for unemployment benefits for the first time dipped last week to 215k (218k exp), continuing to show labor market resilience in the face of slumping sentiment. ...basically unchanged in five years. Continuing claims ticked higher but remains well off cycle highs from last fall... So once again, claims data shows no signs of the pain that sentiment surveys suggest... ...even though payrolls data suggests deterioration. Tyler Durden Thu, 07/02/2026 - 08:53

Oil Extends Decline As Rubio Rules Out New Strikes, Iran-Oman Transit Deal Nears Finalization An IRGC spokesman has announced Wednesday that Iran and Oman have reached agreements on their share of the Strait of Hormuz and its revenues, according toTasnim news agency. So essentially the "fee" scheme has been set. There's talk of reopening the strait on an "interim" basis, Bloomberg says. "We entered into negotiations with Oman about a month ago and have reached results that have been accepted by both sides," the official said. "Agreements have been reached on...

Iranian Drones Strike EU Country In War First The Iran war has just for the first time, and rather quickly given it's only the third day of the conflict, expanded to include an EU nation in the Mediterranean. Iranian-made drones have reached Cyprus and at least one has made ground impact. But they may have been launched from nearby Lebanon. The British Royal Air Force (RAF) base in Akrotiri, Cyprus came under attack Monday morning, with an Iranian drone striking the runway in the early hours, several reports say. This comes...