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The wounded victim remains in critical but stable condition.

Train up the future Jalen Brunson!

Last month, the co-stars went back and forth on Instagram over Paul's several domestic violence incidents involving her ex Dakota Mortensen.

Last month, the co-stars went back and forth on Instagram over Paul's several domestic violence incidents involving her ex Dakota Mortensen.

The Amazon founder, who now has robotics and space travel companies, thinks AI will create a labour shortage.

The Amazon founder, who now has robotics and space travel companies, thinks AI will create a labour shortage.

"please have some respect,” Fiona Chernavskaya wrote on Instagram Wednesday.

Government officials found a cache of radiological materials in a cabinet at the Hunters Point shipyard in San Francisco, which was allegedly stashed by a former employee of a US Navy subcontractor.

A group of Argentina fans said they were shot at while riding in an Uber to a World Cup match in Kansas City.

Trump has long criticized the deal Obama made with Iran, known as the JCPOA.

Both teams are led by veteran players in what could be their last World Cups.

In one sexually charged text, used by cops to build the case against her, one of Swain's adopted sons told her he wanted to sleep in her bed “again, just once," according to court docs.

The actor left behind specific instructions, insisting that his ex gets nothing.

The actor left behind specific instructions, insisting that his ex gets nothing.

Kenny Martin from “In the City” stopped by “Virtual Reali-Tea” to spill some tea! VRT co-hosts Danny Murphy and Evan Real had to ask him to clarify the “spark” comment that is shaking his relationship with Whitney Fransway — well, it seems the cast thought it would shake them more. He also dished how Whitney...

Kenny Martin from “In the City” stopped by “Virtual Reali-Tea” to spill some tea! VRT co-hosts Danny Murphy and Evan Real had to ask him to clarify the “spark” comment that is shaking his relationship with Whitney Fransway — well, it seems the cast thought it would shake them more. He also dished how Whitney...

"Early Signs Of A Turn In US Consumer Discretionary," UBS Says

Brent crude futures tumbled below the $80-per-barrel level earlier this morning for the first time since March as traders priced in the U.S.-Iran peace deal and the expected reopening of the Strait of Hormuz maritime chokepoint on Friday. Goldman Sachs and RBC Capital Markets both slashed their fourth-quarter Brent crude forecasts, reinforcing the view that the war-risk premium is rapidly deflating.

If oil has peaked, then inflation pressures may have peaked as well, a positive setup that could provide some tailwinds for consumers this summer through lower fuel costs.

Piper Sandler Chief Global Economist Nancy Lazar told clients, "If inflation has indeed peaked, that will boost real incomes (nominal incomes have been solid), a positive for both real consumer spending and housing, but don't expect robust growth in either."

On Monday, GasBuddy data showed the national average for gasoline slipped below the politically sensitive $4-per-gallon level for the first time in months.

We have outlined in countless notes (read here, here, here, and here) that gas prices above $4 forced consumers to trade down across retailers and, in some cases, to pull back on discretionary purchases altogether.

Pump prices are set to tumble further...

Now that energy prices are moving lower, consumer sentiment is likely to improve. UBS analyst Mark Paski told clients about "early signs of a turn in U.S. consumer discretionary."

Paski explained:

Fairly quiet day across the US consumer, despite the move lower in crude oil and rates following headlines over the weekend.

...

The risk/reward in consumer discretionary is beginning to shift from the doldrums seen as recently as two weeks ago. The SPDR S&P Retail ETF (XRT) versus front-month crude oil (CL1) suggests there is still further upside to the discretionary trade, given crude's move lower this morning. Lower yields should also provide incremental support.

Consumer staples were the second-best performing sector last week (behind materials), and I would expect some residual relief today—particularly within the household and personal care space.

Chart: SPDR S&P Retail ETF (XRT) 

That said, the CPI for energy is on track to slide for June. But consumers are not out of the woods yet. Months of elevated energy prices have already offset the rapidly fading tailwinds from tax cuts. And not to be the bearer of bad news, but one lagged effect of the energy shock could still show up on supermarket shelves later this year. 

Professional subscribers can read more on consumers at our new Marketdesk.ai portal.

Tyler Durden Wed, 06/17/2026 - 12:25

These pigeon-girl pairs are birds of a feather.

SpaceX “flippers” who sold shares immediately after the IPO are kicking themselves after the stock’s meteoric 50% rise – though early options trading shows many are doubtful the frenzy can last.

It's one of five penthouses at Lighthouse Beach Sixty-Seventh, a 12-story tower with 82 units at 141 Beach 67th St.