Destruction Continues in South Lebanon as Israel Again Stalls on Drawdown

Porsche To Cut Over A Third Of German Jobs As Auto Crisis Deepens Via Remix News, Porsche is preparing to cut more than one in three jobs in Germany under a cost-cutting measure intended to protect its remaining workforce and existing production sites until 2035. The Stuttgart-based sports car manufacturer will eliminate a further 5,000 positions at its main Zuffenhausen plant and Weissach development center. Combined with reductions already announced, around 8,900 employees are expected to leave the company. The cuts are due to be carried out without compulsory redundancies, primarily through natural...

Parabolic Semiconductor Rally: What Breaks The Trade? Authored by Lance Roberts via RealInvestmentAdvice.com, AI Validation Fuels A Ninth Weekly Advance The headline tape made fresh history. The S&P 500 closed Friday at 7,580.06, finishing up 1.43% on the week and posting its ninth consecutive weekly gain. That’s the longest weekly winning streak since 2024, and only the 5th time since 1965 that has occurred. While markets previously saw weakness following such streaks, the 24- and 52-week outcomes were primarily positive, except in 1989. However, the Russell 2000 actually fell 0.59% to 2,919, a reminder...

Senior Trump administration officials told members of Congress during a closed-door briefing on Tuesday that Iran’s Shahed attack drones are a major threat to the US military and that not all of them will be intercepted by US air defenses, CNN has reported. The report said that Secretary of War Pete Hegseth and Chairman of […]