NYT: Pentagon Withheld Dozens of Military Injuries in Days Leading Up to Attack That Killed US Troops

UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades There is certainly a growing consensus on Wall Street that the tax-refund sugar high is fading just as consumers' financial profiles deteriorate. The latest read-through comes from UBS analyst Dennis Geiger, the bank's U.S. restaurants equity research analyst, who warns that a toxic cocktail of macro pressures is likely to crimp restaurant spending in the second half of the year. Geiger warned in a note that elevated gas prices at the pump appear to be offsetting tax-rebate benefits, while...

US forces attacked suspected Iranian military sites in the Strait of Hormuz. The US strikes are the first in several weeks as Washington attempts to destroy the Iranian economy.  US officials told the AP that the IRGC was preparing to fire rockets to mine the Strait of Hormuz. Several explosions were reported on Iran’s Larak […]