Israeli Forces Shoot and Wound Another Civilian in Southwest Syria

Last months the Trump administration was loudly claiming that Iran had lost control of the Strait of Hormuz. Some ‘experts’ even claimed that the flow of oil was back at a pre-war level. Both of those claims were not true but short term blimps within volatile data. Attacks on ships passing through the Strait have […]

Iran Retaliates On US Bases In Five Countries Simultaneously As Tehran Bombed Iran launched retaliatory strikes targeting Israel and US assets across the Middle East, hitting sites in Qatar, the UAE, Kuwait, Bahrain, Syria, Jordan, and Iraq - soon after the Trump-ordered 'Operation Epic Fury' started, which appears aimed at accomplishing regime change in Iran. Multiple explosions rocked Tehran, with additional blasts reported in several other locations nationwide, soon after which several countries across the region closed their airspace once it was bombs away, and as the cross-border attacks intensified. Israel is...

Goldman's State Of U.S. Consumer Outlook Gets More Grim Goldman consumer analysts Kate McShane and Bonnie Herzog cut their 2026 discretionary cash-inflow growth forecast for the second time this year, citing a worsening squeeze on U.S. households as slower disposable income growth collides with higher fuel prices at the pump. The revision points to a softening among cash-strapped consumers as the US-Iran conflict enters its third month. McShane and Herzog cut their 2026 U.S. discretionary cash inflow growth to 3.7% from the previous forecast of 4.2% in early April, as...