Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025. Giuseppe Cacace | Afp | Getty ImagesOcean freight rates to the Port of Khor Fakkan in the United Arab Emirates are surging as Israel continues to attack Iran and Iran reported its first attack on U.S. military bases, after a weekend that saw U.S. strikes on Iranian nuclear targets.Rates from Shanghai to the…
Author: usaeverydaylife
Estee Lauder (EL) gapped higher Monday on news of an analyst upgrade , allowing the stock to pull away from its 200-day moving average (MA), which was cleared last week. The breakout in EL is associated with new upturns in both the monthly stochastics and monthly MACD, which suggest long-term momentum has improved notably. The MACD signal is the first since August 2020 and suggests the April low was significant. The shift in long-term momentum followed a long-term counter-trend ‘buy’ signal from the DeMARK Indicators, which suggested that the downtrend was exhausted, with bullish implications for nine more months. The…
The Good Brigade | Digitalvision | Getty ImagesProposed federal spending cuts to health care in Republicans’ “One Big Beautiful Bill Act” may increase some families’ medical debts by as much as $22,800, according to a new report from Third Way, a Washington, D.C.-based think tank.The Republican budget bill proposes $1.1 trillion in cuts to health care that target both Medicaid and Affordable Care Act coverage.The Congressional Budget Office, or CBO, a nonpartisan legislative scorekeeper, projected that about 11 million people would lose health-care coverage due to provisions in the bill passed by the House of Representatives if it’s enacted in its current…
U.S Senate Majority Leader John Thune (R-SD) speaks to reporters following the weekly Republican policy luncheon at the U.S. Capitol Building on June 10, 2025 in Washington, DC. Kayla Bartkowski | Getty ImagesSenate Majority Leader John Thune said Monday that lawmakers in his chamber will remain in Washington, D.C., until they pass President Donald Trump’s “big, beautiful bill.””Senators return to Washington today and we will remain here until this bill is passed,” he wrote in an op-ed on Fox News.The comments are a sign of the increasing pressure Thune faces to win over Republican holdouts who still oppose the megabill,…
Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24.Courtesy: Flightradar24Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, exacerbating the region’s military conflict.At least six commercial aircraft turned around near the United Arab Emirates’ airspace, according to flight-tracking platform Flightradar24. The platform said airspace over the United Arab Emirates was closed. Reuters reported that the island nation of Bahrain also closed its airspace temporarily.Earlier, major international airlines including Air France, Iberia, Finnair and others announced they would pause…
A woman walks past a logo of WhatsApp, during a Meta event in Mumbai, India, 20 September, 2023. Niharika Kulkarni | Nurphoto | Getty ImagesMeta is pushing back against a ban on WhatsApp from government devices.The Chief Administrative Officer (CAO) of the U.S. House of Representatives told staffers on Monday that they are not allowed to use Meta’s popular messaging app. The CAO cited a lack of transparency about WhatsApp’s data privacy and security practices as the reason for the ban, according to a report by Axios that cited an internal email from the government office.The CAO told House staff members…
Investors should not ignore the risk that Iran could disrupt Middle East oil supplies and trigger a substantial price spike, energy analysts warned Monday, even as the market largely dismissed the threat. Surprisingly, oil prices are little changed Monday after the U.S. bombed Iran’s key nuclear sites over the weekend. The market seems to believe Tehran will not target regional energy infrastructure in the Persian Gulf because it would likely provoke a major U.S. military response that could imperil the regime. But Barclays analysts warned that the worst-case scenario, in which Iran attempts to block the Strait of Hormuz, is…
JPMorgan selected Penn Entertainment as a top pick in the gaming sector. Analyst Daniel Politzer initiated research coverage of the gambling stock with an overweight rating and a $24 price target that suggests the regional casino operator can climb 41% from Friday’s closing price. “PENN is appealing for capital allocation (buying back ~14% of market cap over next 6 months) and growth prospects (via new land-based casino projects/openings),” Politzer said in a note to clients. Politzer said the company has an attractive path to future profits. Its $1 billion worth of new projects set to open over the next two…
Qatar ‘strongly condemns’ attack and says air defenses ‘intercepted the Iranian missiles’Qatar “strongly condemns” the attack at the Al-Udeid air base and considers it “a flagrant violation of the sovereignty of the State of Qatar, its airspace, international law and the United Nations Charter,” Majed Al Ansari, the official spokesperson for Qatar’s Ministry of Foreign Affairs, wrote on X.”We reassure that Qatar’s air defenses successfully thwarted the attack and intercepted the Iranian missiles,” he wrote. He said that the base had been evacuated prior to the attack, “given the tensions in the region.” “We confirm that no injuries or human…
Russia’s Security Council’s Deputy Chairman Dmitry Medvedev attends a meeting of the Council for Science and Education at the Joint Institute for Nuclear Research in the Moscow region’s city of Dubna, Russia June 13, 2024. Alexei Maishev | Via ReutersPresident Donald Trump on Monday lashed out at former Russian President Dmitry Medvedev for claiming that multiple countries are “ready to directly supply” Iran with nuclear warheads as a result of the U.S. strikes on key Iranian nuclear sites.”Did he really say that or, is it just a figment of my imagination?” Trump said of Medvedev, the deputy chairman of Russia’s…
