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Oakland Weighs $108,000 Pay Increases For Councilmembers Despite Budget And Homelessness Crises
Oakland Weighs $108,000 Pay Increases For Councilmembers Despite Budget And Homelessness Crises
Despite struggling with homelessness, crime, illegal dumping and a persistent budget deficit, Oakland could soon hand its city councilmembers pay and benefits increases worth as much as $108,000 annually under a ballot measure supported by Mayor Barbara Lee, according to the NY Post.Measure EE would eliminate existing limits on council raises and allow the city's Public Ethics Commission to determine compensation based on salaries in other California jurisdictions, without a specified cap.The Post writes that Oakland's eight councilmembers...
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May 28, 2026 / Jason Ditz
New Israeli Bombings Kill at Least 17 Across Southern Lebanon
Israel extended its evacuation order in the city of Tyre to include effectively the whole south of Lebanon, declaring the entire region an active combat zone, despite a ceasefire nominally having been in place in Lebanon for well over a month now. That ceasefire has consistently failed to cease Israeli attacks on Lebanon, and even […]
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May 28, 2026 / Tyler Durden
Solar Stocks Flash Major Technical Breakout As Tariff Talk Escalates
Solar Stocks Flash Major Technical Breakout As Tariff Talk Escalates
Solar stocks are showing a clear technical shift, breaking above a well-defined downtrend after more than five years of sustained pressure.
UBS analyst Catherine Gordon is attributing the surge in solar stocks to falling yields and renewed policy momentum. A potential Section 232 tariff announcement in mid-to-late June is adding fuel to the rally, with First Solar leading the charge.
The UBS Solar basket (UBXXSOL) is now up 40% year-to-date.
Gordon provided more context on what's powering UBXXSOL higher:
Clean tech names are outperforming...
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Jul 9, 2026 / Tyler Durden
SK Hynix's US Offering Reportedly Seven Times Oversubscribed
SK Hynix's US Offering Reportedly Seven Times Oversubscribed
The KOSPI struggled for direction overnight, erasing most of an opening rally that briefly pushed the South Korean main equity index up as much as 4.1%. The real strength was in memory stocks, with SK Hynix surging as much as 10% as investors piled back in. This move comes as Bloomberg reports the company's US ADR listing is more than seven times oversubscribed, underscoring strong institutional demand.
The report said SK Hynix is selling 177.9 million American depositary receipts, with each ADR...
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