Billion-Dollar Standoff: Historic US Ports Strike Challenges Economy
Dockworkers at major ports along the US East and Gulf coasts have initiated a strike, causing significant disruption to container and auto shipments. This work stoppage, affecting 36 ports that handle up to half of US trade volumes, could cost the economy billions daily and potentially impact the upcoming presidential election. The strike’s duration will […]
Iran Launches Missile Strike on Israel, Escalating Middle East Tensions
The Israeli military has reported that Iran has fired missiles at Israel, escalating the already tense situation in the Middle East. This attack follows recent Israeli strikes in Beirut and comes after the US warned of an imminent Iranian missile launch. The Israeli government has urged citizens to seek shelter, while the US has pledged […]
Inside Lebanon’s Currency Crisis: How Hyperinflation Feels
Inside Lebanon’s Currency Crisis: How Hyperinflation Feels Authored by Dave Birnbaum via BitcoinMagazine.com, Lebanon is back in the headlines as the conflict in the Middle East intensifies. Before these latest developments, Lebanon had already become a symbol of how quickly a seemingly stable society can descend into chaos. If you follow major events in the […]
Biden-Harris’ FCC Nuked 20,000 Starlink Terminals For North Carolina That Could’ve Saved Lives
Biden-Harris’ FCC Nuked 20,000 Starlink Terminals For North Carolina That Could’ve Saved Lives On Monday, the North Carolina State Climate Office said Hurricane Helene was a “monster storm” that unleashed every “worst-case scenario” for western North Carolina. Ashville Mayor Esther Manheimer told CNN’s The Source with Kaitlan Collins on Monday that over 600 people are unaccounted for. […]
‘Bigger’ Iranian Ballistic Missile Attack On Israel Expected, US To Assist In Defense
‘Bigger’ Iranian Ballistic Missile Attack On Israel Expected, US To Assist In Defense Update(1150ET): There have been constant official leaks and rumors speculating over what’s said to be an imminent Iranian response to the Friday killing of Hezbollah chief Hassan Nasrallah by Israeli airstrikes on Beirut last Friday. Senior White House and defense officials say […]
U.S. Warns of Imminent Iranian Missile Threat to Israel
Tensions in the Middle East have reached a critical point as U.S. officials report that Iran is on the verge of launching ballistic missiles at Israel. This development follows Israel’s recent military actions in southern Lebanon against Hezbollah, an Iran-backed militant group. The U.S. government has expressed its support for Israel’s defense efforts and cautioned […]
Euro Zone Inflation Data Sparks Bond Rally, Dollar Strengthens
Government bonds rallied and the dollar strengthened on Tuesday as euro zone inflation data supported faster ECB rate cuts, while Fed Chair Powell’s comments tempered expectations for aggressive U.S. rate reductions. Oil prices fell despite escalating Middle East tensions. European stocks rose slightly, but U.S. futures were mixed.
Barclays Analysts Find “Weak” iPhone 16 Demand After Supply Chain Check
Barclays Analysts Find “Weak” iPhone 16 Demand After Supply Chain Check Wall Street remains deeply divided on the demand outlook for the new iPhone 16. Some analysts believe the iPhone’s new artificial intelligence features are driving a major upswing in the upgrade cycle, while others argue that demand for the higher-priced models has sputtered. The latest note about iPhone […]
Gold Set to Shine as US Fiscal Health Declines, Says UBS Strategist
UBS Investment Bank’s precious metals strategist Joni Teves emphasizes that macroeconomic factors, particularly the expected deterioration of the US fiscal deficit, are the primary drivers of gold prices. Despite geopolitical tensions, Teves suggests that the worsening fiscal situation in the US, regardless of election outcomes, will likely boost gold prices in the medium to long […]
Iran To ‘Imminently’ Launch Ballistic Missiles On Israel; White House Warns
Iran To ‘Imminently’ Launch Ballistic Missiles On Israel; White House Warns Axios is reporting that the White House has intelligence saying Iran imminently plans to carry out a missile attack on Israel in retaliation for the Friday killing of Hezbollah leader Hassan Nasrallah. A senior White House has said, “The United States has indications that […]