Houthis Issue Video Of Saudi F-15 Shootdown, As Ground Clashes Intensify In Yemen

Futures Slide As Oil Jumps On Ceasefire Setbacks, Nasdaq In Danger Of Ending 13-Day Streak Futures are lower, but well off session lows,after a weekend of chaos in the Strait of Hormuz cast doubt over US-Iran peace talks ahead of Tuesday’s ceasefire expiration. On Saturday, Iran said the Strait will be closed until the US blockade is lifted, with ships reporting attacks. The US then fired and seized an Iranian-flagged ship on Sunday. Both headlines point to a re-escalation, as Iran military has now vowed to retaliate. It remains unclear...

Americans' Confidence Dips In August As Chicago PMI Plunges Into Contraction The MNI Chicago PMI for August was a disaster, printing below even the worst analyst's expectations. Against expectations of a rise to 57.9, the headline print crashed from 57.6 to 47.1 (flashing recession signals)... Prices paid accelerated while the overall business barometer plunged into contraction. That is the biggest MoM drop since COVID... However, in the face of that collapse in business confidence, UMich reported US consumer sentiment fell in August for the first time in three months on a worsening economic outlook,...

Japan's Largest Airport Deploys Humanoid Robots For Baggage, Cargo Authored by Jijo Malayil via Interesting Engineering, Humanoid robots will soon assist ground crews in Tokyo as Japan Airlines launches a trial to address growing labor shortages. Starting in May, the Chinese-made machines will assist with moving baggage and cargo on the tarmac at Tokyo’s Haneda Airport, working alongside human handlers. The initiative, run with GMO Internet Group, comes as Japan faces rising tourism and a shrinking workforce. The trial will continue through 2028, with hopes of easing workloads and paving the way for...