Trump Backtracks on 20% Hormuz Strait Fee, Says He Wants ‘Trade and Investment Deals’ From Gulf States

"Please Work Remote": NYC Braces For Commuter Chaos With Ongoing LIRR Strike Welcome to day three of the Long Island Rail Road strike, which is set to cause commuter chaos this morning in the New York City area, as more than 3,500 workers across five unions walked off the job Saturday after contract talks with the MTA collapsed. Negotiations between the MTA and unions resumed Sunday and are set to continue Monday morning. LIRR service remains suspended due to the strike. Please work from home if you can. If you must...

Oil Unimpressed As Trump Says 'Iran Asked For Ceasefire', Threatens Blasting Them "Back To The Stone Ages" If Strait Unopened Summary UAE mulls becoming first Gulf country to directly joint US-Israeli war against Iran, lobbies for firm UNSC security resolution. Trump open to exiting 'paper tiger' NATO after Iran war is over, angry over lack of help in Hormuz crisis. Oil tanker leased to QatarEnergy was struck by an Iranian cruise missile in Qatari waters Wednesday. IRGC has newly vowed to keep attacking with "full intensity and power" - suggesting this is far from over,...

UBS: TSMC's 'Surprise CapEx Hike' Reinforces Confidence In AI Supply Chain TSMC, or Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, raised its 2026 spending and revenue outlook on Thursday morning, a move UBS analysts said "boosts confidence in the AI supply chain." TSMC manufactures chips designed by companies such as Nvidia, Apple, AMD, Qualcomm and Broadcom. It is a major supplier of Nvidia chips used in AI data centers. The company now expects 2026 capital expenditures of $60 billion to $64 billion, up from its previous forecast of $52...