IRGC Announces Attack On Another Tanker In Hormuz, As Trump Mulls 'Annihilate Them Or Not' Decision

Apple's $2,000 Foldable iPhone Could Sell 6 Million Units, Counterpoint Says Counterpoint senior analyst Ivan Lam expects Apple to sell about 6 million units of its first foldable iPhone this year. The estimate offers an early sentiment gauge of potential demand for Apple's first-ever foldable handset, priced at roughly $2,000. The iPhone Duo sales forecast hinges on Apple's ability to ramp up production, Lam said, according to Bloomberg News. The new foldable iPhone is scheduled for release in October. Separately, market research firm IDC expects global foldable shipments to rise 13% to...

Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live Fed Chair Warsh (voter) will deliver his first semi-annual testimony as Fed Chair to the House. Warsh’ text was e released at 08:30EDT (link here) and he is scheduled to begin his testimony at 10:00EDT. In his prepared remarks, Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years.  “The members of our committee have no tolerance for persistently elevated inflation,” Warsh...

Colombian Air Force C-130 Cargo Plane Carrying 110 Soldiers Crashes: Report Dramatic footage circulating on X appears to show a Colombian military Hercules C-130 transport aircraft crashing shortly after takeoff from Puerto Leguízamo in southern Colombia. The cause of the crash remains unknown, and Colombian authorities have not yet released an official casualty count.  Local outlet Blu Radio reported that 110 Colombian soldiers were on board at the time of the C-130's straight-out departure from the airport in the remote Amazon border region near Peru. En un video aficionado quedó captado el...