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Houthis Pummel Southwest Saudi Arabia With Ballistic Missiles, As Yemen Air & Ground War Erupts
Houthis Pummel Southwest Saudi Arabia With Ballistic Missiles, As Yemen Air & Ground War Erupts
The heaviest fighting since the Iran war began is taking place in Yemen currently, also involving significant overnight attacks on Saudi energy and military sites by the Houthis.
The Houthis have since unveiled new operations, in a Tuesday statement saying the Iran-aligned group is targeting critical Saudi oil and military infrastructure. Widely circulating local videos suggest the attacks on multiple sites were in some case simultaneous and overwhelming.
"In response to this brutal aggression and in confronting...
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Jul 13, 2026 / Tyler Durden
Credit Card Chargebacks Surge As E-Commerce & Cashless Society Gets Messy For Consumers
Credit Card Chargebacks Surge As E-Commerce & Cashless Society Gets Messy For Consumers
US consumers are disputing card purchases at a record pace, as online fraud, confusing billing practices, and sneaky subscription charges drive a surge in chargebacks.
Bloomberg cites new data from research firm Juniper Research on consumers' aggressive use of chargebacks. Last year alone, US consumers filed 158 million transaction disputes, up 29% from 2021 and outpacing overall growth in card spending. Global disputes jumped 46% over the same period.
The increase may reflect not only more legitimate fraud but...
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Jun 11, 2026 / Dave DeCamp
Iran’s IRGC Says It Targeted US Aircraft at Base in Jordan With 12 Ballistic Missiles
Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday that its forces targeted US aircraft at the al-Azraq air base in Jordan as part of its response to US strikes across southern Iran that began on Wednesday night. The IRGC claimed the attack hit F-35, F-15, and F-16 fighter jets and destroyed US military facilities. […]
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Jul 2, 2026 / Tyler Durden
Initial Jobless Claims Continue To Signal No Labor Market Stress
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
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