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The scale of the cuts was revealed in a regulatory filing Monday, showing Oracle’s workforce shrank from 162,000 full-time employees to 141,000 as of May 31.

Natalie Chuck joins Fox from ABC affiliate KMGH-TV in Denver, where she served as an investigative reporter for Denver7 Investigates.

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Trump Privately Told Zelensky To Act 'More Boldly' Toward Russia: Ukrainian Media

While the globe's attention has been fixated on efforts to finally achieve US-Iran peace, based on negotiations in Switzerland, the Russia-Ukraine war has been quietly (or not so quietly) heating up, as evidenced in the increasingly brazen Ukrainian drone attacks on Moscow and Crimea.

A slew of Ukrainian publications on Tuesday are reporting that this is in large part due to a White House greenlight to bring the war to Russian territory, in order to finally get significant concessions from Moscow, after over four years of grinding and a largely stalemated conflict.

"Ukraine now believes it has secured White House backing for a campaign aimed at forcing Russia into meaningful negotiations, the Kyiv Independent has learned," one such prominent English-language publication says.

The key claim is that President Trump privately told President Volodymyr Zelensky to act "more boldly," a senior Ukrainian official has claimed to several outlets.

"Trump says he doesn't really believe (Vladimir) Putin will do anything without pressure," the official, said to have been briefed on a recent Trump-Zelensky meeting, added.

"President (Trump) believes in peace through strength," one US official separately added.

According to Trump, who was recently asked about lukewarm efforts to get the warring sides back to the negotiating table...

"I don't mind," the American President said. "I mean, let them deal."

Ukraine's Zelensky had just days ago proclaimed: "I will not travel to Moscow to meet with Putin. We can meet in Turkey, Switzerland, or the Middle East."

Washington has clearly taken a step back after the prior big Putin-Trump summit in Alaska failed to produce any significant or lasting results in Ukraine, other than perhaps improving Moscow-Washington relations.

If it's true that Trump did indeed tell Zelensky to act 'more boldly' - this will music to the UK, France, Germany, and Baltic states' ears... they have wanted a clearer US greenlight to impose heavy costs on Russia.

But obviously the situation remains highly dangerous, given if they poke the nuclear-armed Russian bear too much, the war could finally escalate beyond just Ukraine and Russia's borders.

The problem is that this has all been tried before, and Russia only escalates in turn, seeking to clarify its red lines to the West. It's long been a proxy war, but things can always slide into dangerous open confrontation and conflict with NATO.

Tyler Durden Tue, 06/23/2026 - 13:25

Average 2Y Auction Stops Through, Has Highest Yield Since Jan 2025

In the week's first coupon auction, moments ago the Treasury sold $69BN in 2Y notes at a high yield of 4.189%, up from 4.071% and the highest yield since January 2025; the auction also stopped through the When Issued 4.192% by 0.3bps, the biggest through since January.

The bid to cover was perfectly average at 2.643, unchanged from last month's 2.640 and right on top of the recent average of 2.61.

Internals were a bit on the weak side, with Indirects awarded 55.45%, down from 57.60% and the lowest since Dec 25. And with Directs awarded 34.3%or the highest since Oct '25, Dealers were left with 10.24%, down from 12.3% and the lowest since Feb.

Overall, this was a medicore auction which priced on the strong side but whose internals offset that strength, printing a bit weak. Not like any of that mattered for the bond market, however, with yields trading near session lows across the curve.

Tyler Durden Tue, 06/23/2026 - 13:13

Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet

Submitted by Tsvetana Paraskova of OilPrice.com

Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments through the Strait of Hormuz.

State-held Kuwait Petroleum Corporation (KPC) has issued a tender to sell naphtha cargoes to be picked up at Kuwaiti ports by buyers, Bloomberg reported on Monday, quoting a tender document it had seen.

The Kuwaiti tender is a sign that the Gulf producers are hopeful that the Strait of Hormuz reopening would allow them to boost production and crude and product shipments.

In previous sales during the Hormuz crisis, Kuwait has asked potential buyers to charter their own tankers to pick up petroleum from the country’s ports, traders told Bloomberg.

But tanker traffic at the Strait of Hormuz has seen hiccups hours after the U.S. and Iran signed a memorandum of understanding to reopen the critical oil and LNG chokepoint. Iran claimed on Saturday it closed the Strait again, due to the Israeli strikes in Lebanon, while the United States insists the waterway is open and millions of barrels of oil are flowing out of the Gulf.

Strait of Hormuz traffic through ~noon (UTC), today.
Vessels > 10,000 dwt.

Traceable traffic mostly through the Iranian lanes.
Outbound traffic includes three laden, sanctioned VLCCs.@LloydsList pic.twitter.com/wR45UVGgDr

— Tomer Raanan (@tldraanan) June 22, 2026

The situation remains volatile, but the Middle East Gulf producers, especially those relying solely on Hormuz such as Kuwait, appear to be preparing to increase output they had shut in in the early days of the war.

Last week, KPC’s deputy chairman and CEO Sheikh Nawaf Saud Al-Sabah said that Kuwait expects to raise its oil production to 2 million barrels per day (bpd) within a week, up from an average of 573,000 bpd in May, amid the reopening of the Strait of Hormuz.

“Prewar production levels could be restored within weeks once regular international commercial shipping to Kuwait ports has resumed,” Al-Sabah was quoted as saying by Kuwait News Agency.

Tyler Durden Tue, 06/23/2026 - 13:05

A 23-year-old visitor to Yosemite National Park allegedly went over one of the falls at Nevada Fall.

They assumed there had been a mistake.

Mika Abdalla and Josh Heuston are officially dating.

Mika Abdalla and Josh Heuston are officially dating.

Looking for the bedding of your wildest dreams?

Looking for the bedding of your wildest dreams?

The Miami Heat may have gutted their roster for Giannis Antetokounmpo, but the betting community absolutely loves the move.

The Trail Blazers have their new head coach.

She's accused of visiting places where children were present -- in direct violation of her house arrest conditions.

Iran and Oman announced a working group Tuesday to administer services related to future navigation of the Strait of Hormuz and "the costs associated with them" -- even as the Trump administration publicly insisted that Tehran can't charge tolls.

Page Six confirmed last week that Harry and the "Suits" alum are going to bring their kids to the UK next month to reunite with King Charles III.

Page Six confirmed last week that Harry and the "Suits" alum are going to bring their kids to the UK next month to reunite with King Charles III.