Trump Social Media Firm Sues Ex-Co-Founder, Claims He Gambled Away Company Cash in Wild Slot Machine Spree

Several of Iran’s neighbors are resisting pressure from Washington to enforce measures to cut land trade to Iran as the US is seeking to expand the naval blockade to cross-border trade with the Islamic Republic.  The New York Times reported that Iran’s neighbors, primarily Turkey, Iraq and Pakistan, are increasingly “disgruntled” with the US economic […]

US Services Surveys Disappoint In April Amid Stench Of Stagflation Despite Manufacturing surveys solid (and US factory orders surging), expectations are for the Services sector surveys today to show stagflationary signals (weak growth, surging prices). S&P Global's Services PMI disappointed in April (final), falling from its flash print of 51.3 to 51.0, but still up from multi-year lows below 50 in March, showing just marginal activity growth despite weak drop in sales volumes. ISM Services PMI also disappointed in April, falling from 54.0 to 53.6 (vs 53.7 exp) amid tumbling new orders and...

As the Rome talks stall between Israel and Lebanon, the IDF looks to be scaling up their operations within occupied southern Lebanon, leading to new civilian casualties as well as an incident in which the IDF troops themselves died in an explosion. An Israeli drone attacked the prayer hall in the town of Tebnine’s town […]