Single women are becoming a larger force in the housing market, particularly in more affordable metropolitan areas across the South, Midwest and Northeast, according to a report released Tuesday by Mortgage Research Network.

The analysis of 2025 Home Mortgage Disclosure Act (HMDA) data ranked the nation’s 50 largest metropolitan areas by the share of home-purchase mortgages made to women under age 45 buying on their own.

New Orleans topped the list, with single women accounting for 17.4% of purchase loans, well above the national average of 11.4%.

Hartford, Connecticut, ranked second at 16.2%, followed by Buffalo, New York, at 15.5%; Baltimore at 15.2%; Birmingham, Alabama, at 14.6%; Memphis, Tennessee, at 14.5%; Cleveland at 14.4%; Atlanta at 14.3%; and Pittsburgh and Philadelphia, both at 14.2%.

Nationwide, nearly 360,000 single women purchased homes with mortgages in 2025, according to the report.

“Affordability appears to be one of the strongest drivers of where women are buying homes on their own,” said Tim Lucas, lead analyst and author of the report. “In many markets, women are increasingly choosing not to delay homeownership while waiting for a partner.”

Report finds wide gap in home prices between the highest- and lowest-ranked markets

The average home value across the top 10 metros was about $309,000, compared with more than $818,000 in the bottom 10.

Single women purchased homes at nearly twice the rate in the five highest-ranked metros as in the five lowest-ranked metros, the report found.

Several high-cost West Coast markets ranked near the bottom of the list. San Jose, California, ranked last, with single women accounting for 6.5% of home-purchase loans. San Diego, San Francisco, Seattle, Riverside, Calif., and Los Angeles also ranked among the lowest-performing markets.

Income remains a barrier

The report found that income remained a barrier even in more affordable markets. Across the highest-ranked metros, single female homebuyers earned substantially more than the typical single woman living in those areas.

In New Orleans, for example, the median income of a single female homebuyer was $74,000, compared with about $36,000 for single women overall.

Eight of the top 10 metros were located in the South or Midwest, regions that generally offer lower home prices and more inventory at entry-level price points.

Atlanta was the largest metropolitan area in the top 10, with single women accounting for 14.3% of homebuyers. Nearly 10,000 single women purchased homes in the Atlanta area in 2025, according to the report.

Pennsylvania was the only state with two metros in the top 10: Pittsburgh and Philadelphia. Average home prices for single female buyers were $228,113 in Pittsburgh and $386,647 in Philadelphia. Median buyer incomes were $70,000 and $88,000, respectively.

Meanwhile, some markets that experienced significant home-price growth over the past decade ranked lower. Phoenix ranked 44th, while Dallas ranked 39th, suggesting affordability challenges may be limiting access for some single-income buyers.

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication.

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The National Association of Mortgage Brokers (NAMB) is asking the Federal Housing Finance Agency (FHFA) to delay new Fannie Mae and Freddie Mac condominium project and property insurance standards, set to begin taking effect in August, by at least 12 months.

In a June 15 letter to FHFA Director Bill Pulte, the trade group warned that the current rollout schedule could push many projects into non-warrantable status and restrict access to conventional financing.

The rules, aimed at strengthening condo safety and financial health after high-profile structural failures, would retire Fannie Mae’s Limited Review process on Aug. 3 and raise required reserve funding levels for condominium associations from 10% to 15% on Jan. 4, 2027.

“We are not asking that these goals be abandoned,” Kimber White, president of NAMB, wrote in the letter. “We are asking that the industry be given a realistic, workable transition period so the new requirements can be absorbed without disrupting the very borrowers and communities the policy is meant to protect.”

Without that time, NAMB warned, the immediate effect of the policy “will be to reduce access to credit and depress values across the condominium market,” a result it said runs counter to the administration’s focus on affordability and supply.

Specific changes may shrink buyer pool

NAMB said eliminating Limited Review as of Aug. 3 will move “a meaningful number” of established projects into non-warrantable status, shrinking the buyer pool, raising borrowing costs and reducing lender participation.

The group also noted that many associations are not currently meeting the 10% reserve funding minimum. Jumping to 15% by early 2027 would likely force sizable dues increases or special assessments, straining owners on fixed and moderate incomes. NAMB wants the higher reserve requirement aligned with associations’ annual budget cycles.

On the move to universal Full Review, NAMB said routing every transaction through that process will significantly increase documentation — including budgets, reserve studies, delinquency data, meeting minutes and insurance — that boards, managers and lenders must produce and review, leading to longer closing timelines and higher fallout.

Another concern is the rolling, multi-date schedule. A condo that qualifies in one season could fail in the next based on reserves or documentation, creating uncertainty for buyers already under contract and for real estate professionals trying to advise clients, the group said.

NAMB asked FHFA to preserve a simplified review option for established, fundamentally sound projects; to phase in expanded documentation and Full Review requirements through clear, consolidated guidance and a single, well-publicized compliance date instead of multiple rolling deadlines; and to establish a formal process to monitor market impacts before additional tightening takes effect.

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A planned protected bike lane linking Downtown Brooklyn to the Brooklyn Bridge aims to close a gap in the borough’s cycling network while curbing a hotspot for illegal parking. Detailed by the city’s Department of Transportation (DOT) earlier this month in a presentation to Brooklyn Community Board 2, the project would install a two-way protected bike lane along Adams Street and Boerum Place, extending existing protections that currently end at Adams and Johnson Streets and creating a continuous connection to the Brooklyn Bridge. The redesign would also deter illegal parking in the existing painted bike lane, where cyclists are regularly forced into traffic to get around vehicles.

Proposal for Adams Street between Fulton and Johnson Streets.

The project will be built in two phases: a protected bike lane north of Atlantic Avenue this fall following roadway resurfacing, while a smaller southern segment is planned for 2027 after two nearby residential construction projects are completed, Hayes Lord, a senior transportation manager in DOT’s Cycling & Micromobility Unit, told Brooklyn CB2.

On Adams Street between Fulton and Johnson Streets, the DOT will extend the existing Brooklyn Bridge path south to Atlantic Avenue along the east side of the landscaped median. It will also add a 10-foot-wide, two-way protected bike lane along the median, maintaining two travel lanes, with no loss of legal parking while restricting illegal parking.

Proposal for Boerum Place between Fulton and Schermerhorn Streets.

The two-way protected bike lane would continue along Boerum Place from Fulton to Schermerhorn Streets. One northbound travel lane would be removed, but the number of legal parking spots would remain unchanged.

Proposal for Boerum Place between Schermerhorn Street and Atlantic Avenue.

At Schermerhorn Street, the two-way protected bike lane would transition to the western curb, improving cyclist alignment for the connection south to the planned Dean and Bergen Streets bike boulevards and promoting safer interactions between cyclists and turning vehicles at Atlantic Street.

Two parking spaces will be lost for daylighting and improved sightlines, and the consolidation of the southbound travel lane is required to accommodate the new roadway design.

Proposal for Boerum Place between Atlantic Avenue and Bergen Street.

The two-way protected bike lane would continue along the west curb on Boerum Place between Atlantic Avenue and Bergen Street, requiring the removal of 24 parking spaces. The agency said 12 of those spaces have already been removed for construction. The segment is scheduled to be installed in 2027.

Overall, the project would improve cycling access to the Brooklyn and Manhattan bridges by connecting directly to Dean and Bergen Streets and providing a second route to Jay Street. Consolidating cyclists into a two-way protected lane would improve safety for all roadway users, while jersey barriers would prevent double parking.

Council Member Lincoln Restler told Streetsblog he has been urging the DOT to advance a project like this for the past four years. Cycling over the Brooklyn Bridge has nearly tripled since a protected bike lane was installed on the crossing in 2021, according to Gothamist.

The segment of Adams Street set for redesign sits in front of the Kings County Courthouse, where dozens of vehicles are often illegally parked in the bike lane as drivers come and go from the building.

Restler’s office conducted a 2025 study that found an average of 500 illegally parked cars daily in Downtown Brooklyn, with the stretch of Adams Street ranking highest.

RELATED:

The post Protected bike lane coming to Adams Street near Brooklyn Bridge to curb illegal parking first appeared on 6sqft.

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I never intended to work in commercial real estate. In college, I studied English literature (and I do still love reading poetry). I was fortunate enough to have a commercial real estate company take a chance on hiring me, and then arrogant enough to think that I would probably just do this a couple of years until I found a “real” job!

My boss encouraged me to join NAIOP just a few years into my career, and this helped me build a professional network in Colorado and, later, across the U.S.

How did you get involved in commercial real estate? Why do you find it engaging?

I love sharing with clients and users how the space they occupy can have a positive (or negative) impact on their lives and business. When we share with an investor how we take a “whole health” approach to our senior living communities, such that the building itself can improve quality of life and care; or I explain to an industrial tenant how modern column spacing can increase their warehouse efficiency by double digit percentages over dated Class C product; or work with an office client to show options that can increase employment recruitment and retention, helping their bottom line tremendously – my passion for our business reignites.

If we are trapped indoors nine hours out of 10, then those buildings need to work for us, not just be walls and a roof where we exist. That philosophy has kept me going for over 20 years; it turns out, I found the real job from the beginning!

What do you see as the biggest benefit of NAIOP?

Being a member of NAIOP is all about resources and connections. Our incredible national resources are further bolstered by an indispensable network of professionals with which you can have instant access to learn about best practices, new technologies and how to partner with cities to create better development policy. Those resources are truly invaluable.

How has NAIOP helped your career? Your business?

NAIOP has been an invaluable asset to my career and by business over the years. Having in-depth knowledge and proactive engagement in local public policy issues kept us at the forefront of changes in development practices and tax implications; our relationships forged through NAIOP have allowed our Denver-based organization, Confluent development, to grow toward development in nearly half the states in the country and in all four time zones.

Commercial real estate is an industry that is impacted by both national and local practices. While we are always a “boots on the ground” business, markets and municipalities are increasingly influenced by strategies in other regions. As a Colorado-based developer, we have gained tremendous benefit not only through the local relationships we have developed, but also through relationships at the federal level and local markets such as southern California, where public policy decisions have served as inspiration in our own local market. This combination of engagement has yielded tremendous opportunity for our organization.

How are Developing Leaders shaping both our association and our industry?

As one of the youngest NAIOP members to serve as chair, I have had the benefit of experiencing firsthand the engagement and enthusiasm of our Developing Leaders. In an industry that has historically been resistant to change, our DLs are ushering in a new way of thinking, leading all of us to embrace a combination of tested best practices with new innovations in the industry. I truly believe that commercial real estate, like many industries, will be required to embrace many new changes in operations and technologies to improve our efficiency and data resources, and our Developing Leaders will certainly lead the way in this regard.

Meet Celeste Tanner in this short video:

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President Donald Trump said he plans to mark the 250th anniversary of American independence with what could become the largest Independence Day celebration in U.S. history, featuring a massive gathering on the National Mall, military flyovers, patriotic performances, and an attempt to set a world record for the largest fireworks display ever staged.

The centerpiece of the celebration will take place in Washington, D.C., where Trump is expected to headline a major event near the Lincoln Memorial and Washington Monument as part of a broader national effort to commemorate America’s semiquincentennial. Organizers say the celebration will include hundreds of military musicians, ceremonial units, aerial demonstrations, and a fireworks finale designed to eclipse any previous Fourth of July display.

The event is one of the most visible components of what has quietly become one of the largest tourism and economic initiatives the United States has undertaken in decades.

Behind the patriotic imagery sits a massive network of federal funding, corporate sponsorships, tourism promotion campaigns, vendor contracts, and public-private partnerships all centered on the nation’s 250th birthday. Cities, businesses, hotels, restaurants, transportation companies, and event organizers across the country are preparing for what many expect to be a once-in-a-generation surge in travel and consumer spending.

The celebration is being organized through two separate entities.

The first is America250, the nonprofit partner of the U.S. Semiquincentennial Commission created by Congress in 2016 to coordinate nationwide commemorations. The second is Freedom 250, a public-private initiative established by the Trump administration to support and stage several of the highest-profile events surrounding the anniversary.

Together, the organizations are overseeing what could become the largest coordinated patriotic celebration since the nation’s Bicentennial in 1976.

Congress previously appropriated approximately $150 million to support America’s 250th anniversary activities, with funding directed through federal agencies and related initiatives. America250 is required to provide annual reporting to Congress regarding its activities and spending, while Freedom 250 operates under a different structure that has drawn scrutiny from some lawmakers and watchdog groups.

Much of the remaining funding comes from private-sector sponsors.

Major corporate supporters of America250 include Amazon, Boeing, FedEx, General Mills, Northrop Grumman, Palantir, Comcast NBCUniversal, and JPMorganChase, among others. For participating companies, the anniversary offers a rare opportunity to align their brands with one of the most visible patriotic celebrations in modern American history.

The economic implications extend far beyond Washington.

Tourism officials frequently point to the nation’s 1976 Bicentennial as a benchmark. That celebration attracted millions of visitors nationwide and generated billions of dollars in economic activity. Adjusted for inflation, planners believe America’s 250th could rival or surpass those figures as travelers flock to events throughout the country.

Hotels, airlines, vacation-rental operators, restaurants, transportation providers, and retailers have spent months preparing for the expected influx of visitors.

Washington remains the focal point, but celebrations are planned nationwide.

One of the largest attractions is expected to be the Great American State Fair, scheduled to take place on the National Mall from late June through early July. The event will feature exhibits from all 50 states, showcasing regional industries, innovations, products, culture, and tourism opportunities.

Organizers describe it as a combination of a state fair, trade show, cultural festival, and patriotic exhibition.

Meanwhile, Sail 250, a major maritime celebration, will bring historic tall ships and military vessels to several U.S. ports, including Boston, New York, Baltimore, Norfolk, and New Orleans. The event is designed to echo the iconic tall-ship gatherings that became one of the defining images of the 1976 Bicentennial.

Additional celebrations are planned across the country, including major sporting events, festivals, concerts, historical exhibitions, and regional fireworks displays.

The fireworks finale in Washington is expected to serve as the signature attraction.

Pyrotechnics company Pyrotecnico has reportedly been working on a display large enough to challenge the current Guinness World Record for the largest fireworks show ever conducted. If successful, the event would add another historic milestone to an already ambitious celebration.

The road to the event has not been without controversy.

Several musical acts initially associated with related Freedom 250 programming reportedly withdrew after raising concerns about the political nature of certain events. Critics have argued that portions of the celebration place too much emphasis on Trump personally rather than on the broader national anniversary.

Supporters counter that the scale of the planned festivities reflects the importance of marking a historic national milestone and argue that the celebration is intended to promote national pride and unity.

Regardless of the political debate, the economic impact is expected to be substantial.

Large-scale public events generate significant spending through hotel bookings, restaurant visits, transportation services, retail purchases, tourism activities, and event-related employment. They also create extensive demand for security personnel, logistics providers, sanitation crews, construction workers, and temporary event staff.

For businesses, municipalities, sponsors, and vendors participating in America’s 250th, the opportunity is straightforward.

The United States turns 250 years old only once. From multinational corporations and tourism agencies to fireworks manufacturers and local restaurants, organizations across the country are betting that the largest Independence Day celebration in American history will generate both national pride and significant economic activity.

JBizNews Desk
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Crypto analyst Kevin Capital says the next cryptocurrency bull cycle could be larger than the previous one, with altcoins positioned to outperform Bitcoin (CRYPTO: BTC) after years of underperformance.

Altcoin Season Next Cycle?

In a market update on June 15, Kevin Capital said the altcoin market is beginning to show signs of basing against Bitcoin after a prolonged downtrend.

The Total Others versus Bitcoin chart is approaching the same major support area that marked the beginning of altcoin recovery in 2019. “I do believe there will be an altcoin season next cycle, unlike the last cycle that we just had,” he said.

The analyst pointed to the end of the Federal Reserve’s quantitative tightening program as a key macro shift. Liquidity …

Full story available on Benzinga.com

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Fox News’ major MAGA ally Mark Levin slammed US President Donald Trump over the Iran war peace deal, calling on the White House to release details of the accord’s Memorandum of Understanding.

Levin on X wrote: “I have asked for days, why can’t we, the people, see the damn MOU? Not through people briefed by an anonymous person. Honestly, I’ve never seen anything like this. If it is a great outcome for peace, then release it.”

“Here’s an idea: if you want people to stop speculating about the MOU, release the MOU. Don’t brief a few anointed ones to control the narrative and expect everyone else to sit silently. That’s not how our country works. It’s going to be signed soon. It takes time for people to digest it all once it is released. Controlling the narrative can only last so long,” he added.

Vice President JD Vance said the peace accord was signed electronically over the weekend.

Levin speaks out against Trump’s attitude towards Netanyahu

Levin, a pro-Israel hawk, also slammed the president for lashing out at Israeli Prime Minister Benjamin Netanyahu after Israel attacked Hezbollah targets in Lebanon.

Trump had told a reporter that he questioned Netanyahu’s “f***ing judgment.”

“In a period of two-months, Israel has gone from a great ally and partner in war, fighting by our side against a horrible enemy that has killed thousands of our people, killed tens of thousands of their own people, and was a dire nuclear threat intent on attacking us, to Israeli PM Netanyahu being a difficult person who should be thanking us for saving his country from Iran and should get our permission if he wants to defend his people from Hezbollah and Iran, and stand down when his country is attacked,” Levin wrote.

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WASHINGTON — America’s stores are on a hiring spree even as shoppers complain about high prices — and the latest government data backs it up. The Bureau of Labor Statistics reported on Friday, June 5, that the economy added 172,000 jobs in May, more than double the roughly 80,000 economists had expected, while the unemployment rate held steady at 4.3%. Within that, the retail trade has been a standout, recently pushing its payrolls to about 15.5 million workers — the most since July 2024.

“This is a labor market that is stronger than it was last year and is looking pretty darn solid, despite high energy prices and higher inflation generally,” said Gus Faucher, chief economist at PNC Bank. “There’s no indication that the labor market needs support.”

The Bureau of Labor Statistics also revised its earlier figures higher, adding a combined 93,000 jobs to its March and April counts. Retail added nearly 22,000 jobs in a recent month, accounting for almost one-fifth of all the hiring in the country — a striking share for an industry that spent much of last year bracing for layoffs. The biggest May gains came in leisure and hospitality, local government and health care, while financial activities lost jobs.

The hiring reflects a simple truth: Americans keep spending. The National Retail Federation expects retail sales to grow 4.4% this year, with its president and chief executive, Matthew Shay, saying he expects “consumer resilience to continue into 2026, with household spending once again serving as a pillar of economic support.” In 2025, many chains feared that President Donald Trump’s tariffs would raise costs and scare off shoppers. Instead, customers kept buying — through the war in Iran, higher gas prices and faster inflation — and retailers staffed up to keep shelves stocked.

Not everyone is convinced the good times will last. Mark Mathews, chief economist at the National Retail Federation, warned that “renewed tensions in the Middle East and the ripple effects across global markets are adding more uncertainty to the economic landscape.” Gasoline prices at multiyear highs could eventually force families to cut back on the extras that keep stores busy. There are softer spots beneath the strong headline, too: hiring has cooled in parts of the economy, and total job postings have edged down even as the unemployment rate stays low.

There is a hopeful wrinkle this week. The weekend deal to end the war in Iran sent oil prices tumbling on Monday, which could bring gasoline prices down in the coming weeks and hand shoppers more room in their budgets — exactly the kind of relief that would keep cash registers ringing and the hiring going.

The job numbers carry extra weight this year because of a fight over their credibility. In August 2025, President Trump removed the head of the Bureau of Labor Statistics, Erika McEntarfer, after a run of weak reports, accusing her of manipulating the data — which she denied — and replaced her with William J. Wiatrowski. That history has put every report under a brighter spotlight.

For ordinary workers, the retail hiring spree is good news. Store jobs rarely require a degree, offer flexible hours, and remain one of the main on-ramps into the workforce. More openings mean more bargaining power and a better shot at a raise. The question is how long it lasts. Retailers are hiring because shoppers are spending, and shoppers are spending despite real strain. If inflation bites harder or gas prices climb again, the same stores racing to staff up could find themselves overstaffed. For now, though, the help-wanted signs are out — and Americans are answering them.

JBizNews Desk
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The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guide convoys to awaiting tankers.

The operation on the edge of the Strait of Hormuz employs a shuttling technique long used by Iran to skirt sanctions. Two specific locations where the oil transfers take place were identified by 11 people familiar with the operation – one off the coast of Fujairah in the United Arab Emirates and the other off Oman’s port of Sohar. It started in early May, and at least 92 ships have been involved in the transfers, according to shipping data and satellite imagery reviewed by Reuters.

As recently as June 11,17 pairs of ships could be seen carrying out simultaneous oil transfers at the two sites, according to satellite images reviewed by Reuters.

An Apache helicopter downed by Iran on June 9, sparking retaliatory bombings by the US, was involved in the mission, according to four sources, including a former US official with knowledge of the attack. Using satellite imagery, Reuters counted six pairs of tanker ships clustered together in a small area off the port of Sohar the day the Apache was shot down.

Reuters could not confirm what role the Apache played in the operation. In response to Reuters questions, a US defense official said no Central Command forces are taking part in an offshore ship-to-ship oil transfer operation. Both crew members were rescued by a drone boat, US officials said.

The extent of the ship-to-ship transfers, how they work, and the Apache’s role in the operation have not been previously reported. The White House referred questions to CENTCOM. The Iranian government did not respond to requests for comment about the transfer operation.

The two spots where these transfers take place, in the Gulf of Oman near the exit of the Strait of Hormuz, are close to the boundaries drawn by the Persian Gulf Strait Authority, a new Iranian body established to manage the Strait. Ships that fail to comply with Iran’s orders are at risk of drone and missile attack by the Islamic Revolutionary Guard Corps.

The Fujairah port itself has come under repeated Iranian fire during the time this US-led operation has been underway. This past weekend, according to the British maritime risk management group Vanguard, an “unknown projectile” struck a tanker off the coast of Oman.

Vanguard said in a statement that the crew was safe and that the impact caused some cargo leakage, but no environmental damage. It did not specify whether the tanker was involved in a ship-to-ship transfer.

Iran responded to the US-Israeli war by effectively closing the Strait of Hormuz, through which roughly a fifth of global oil consumption normally passes. That created the largest global energy supply disruption in history and has spurred inflation worldwide.

The ship-to-ship transfers, though risky and inefficient, appear to be a part of the Trump administration’s efforts to help restore normal oil flows from the Gulf. US President Donald Trump said the Strait of Hormuz would reopen on Friday under a framework peace deal with Iran announced this week, but details remain vague. Reuters could not determine whether the announced deal had affected the oil transfers.

A Reuters investigation published May 20 found that Iran has established its own system for ushering ships through the opposite side of the Strait, involving island checkpoints, diplomatic deals, and sometimes fees.

Staggered departures and waypoints

The American transfer operations are fully controlled by the US military, said eight of the sources, including a private security contractor who has been involved in the transfers.

Tankers must sail to a meeting point before they reach the strait, then stagger their departures so they are around 3,000 to 4,000 meters apart, according to one of the sources, as well as satellite imagery. Their transponders are off and their lights are dimmed, according to four sources.

A series of waypoints allow the US military to monitor the progress of the designated tankers, but the Americans are “obviously watching you all the time,” one of the sources said.

When they pass through the strait, just beyond a zone that Iran has delineated as under its control, the tankers pull alongside the recipient ships, which are Very Large Crude Carriers, or VLCCs, to begin the oil transfers. These take between 24 and 40 hours to complete. The empty tankers then shuttle back through the strait, and the newly loaded VLCCs sail onward.

What makes this ship-to-ship operation possible is that a few shippers are willing to sail their vessels through the strait to deliver oil to the waiting tankers, despite the Iranian blockade.

But the operation is risky. “You just don’t know when Iran might just decide to start using drones or even gunboats in order to prevent even those ships from transiting the strait,” said Noam Raydan, a senior fellow at the Washington Institute who specializes in maritime risk and who reviewed Reuters’ findings.

The ship-to-ship technique has been used by Iran for years to bypass sanctions, because it masks the source of the oil. The Iranians usually operate one pair of ships at a time, both to avoid detection and because its prewar exports were relatively small. The US-led operation, which involves mass transfers, gives Gulf producers better protection from Iranian retaliatory attacks so they can move crude, condensate, and petroleum products to international buyers.

Reuters reviewed more than a dozen satellite images taken between May 2 and June 11 showing ship-to-ship transfers involving state-owned Gulf tanker fleets and internationally operated vessels that receive the oil. LSEG and Kpler shipping data reviewed by Reuters showed repeated rendezvous between tankers operating in the area during the same period.

Based on the imagery, Reuters calculated that at least 90 million barrels of crude oil and petroleum products may have moved through the offshore network since early May. The volumes, based on the tankers’ carrying capacities, are still small compared to the pre-war average of about 20 million barrels that passed through the strait daily.

“As the old rules weaken, it’s ironic that the United States is now taking a page out of the playbook of China, Russia, North Korea, and even Iran, whose so-called ‘dark fleets’ pioneered these techniques precisely to evade US and UN sanctions,” Michael Froman, president of the Council on Foreign Relations, wrote in a note Friday. He was referring to the practice of sending ships through the Strait without transponders, which Trump mentioned in comments on June 10 after the downing of the Apache.

Six sources with direct knowledge of the operation said the US has supported participating vessels through a combination of aerial surveillance, compliance screening, and monitoring rather than naval escort. Reuters found no indication that US military personnel were directly involved in the transfers themselves.

Through the Strait of Hormuz

The receiving side of the operation is dominated by international tanker operators, according to a review of the shipping records. One of them, Greece-based Dynacom Tankers Management, has alluded to its efforts to find creative ways to ship oil through the strait since the war began on February 28.

“Freedom of navigation is essential, and nobody can impose tolls or any other burden,” George Procopiou, Dynacom’s founder, told a Capital Link shipping conference in Athens on June 1. “We are here to serve, and Greece has the tradition of breaking blockades since antiquity,” he said. “I don’t want to go into more details, but I believe the hints are enough to understand what I mean.”

Dynacom did not immediately respond to a request for comment on the US operation.

Another maritime source, however, said the new system imposes its own risks on the industry.

“There is a paucity of reliable data,” the maritime security source said. The transponders used to communicate ships’ locations are switched off, “and companies are not reporting through the usual reporting centers.” That risks collision between the ships, which travel at night with their lights off at speeds that don’t allow for easy maneuvering, according to multiple shipping industry officials.

Four sources familiar with the arrangements said operators seeking access to the system are required to undergo a compliance review process before being allocated transit windows. The process includes submitting information to the US Navy’s Naval Cooperation and Guidance for Shipping office in Bahrain.

Two preliminary compliance documents reviewed by Reuters required operators to provide complete geospatial tracking histories, full beneficial ownership disclosure, cargo documentation, and a willingness to permit cargo testing.

If they are approved, participating vessels are then assigned transit windows and remain in contact with the US military office in Bahrain throughout the voyage.

Emirati exports account for a substantial share of the US transfer operation, according to shipping records reviewed by Reuters. Six of the sources said UAE’s state-owned national oil company ADNOC has been among the most active participants in the US-led transfers.

The Kuwait Oil Tanker Company has also been active in the transfers. Some 2.3 million barrels of crude were siphoned from one of its ships off the coast of Sohar on June 6, one of the busiest days for the transfers, according to TankerTrackers.com data. The receiving ship, Sea Ruby, was spotted five days later off India’s southwest coast and bound for China, where the cargo was expected to be discharged.

The UAE government, ADNOC, and the Kuwait Oil Tanker Company did not respond to requests for comment.

“I don’t see a permanent solution in all of this,” said Raydan. “This is a temporary solution amid exceptional times.”

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US President Donald Trump appears frustrated with Israel’s continued conflict with Hezbollah in Lebanon.

Over the last few weeks, the American president has several times suggested that Israel shouldn’t be attacking Beirut because this is leading to tensions with Iran regarding a US-Iran deal.

Now, Trump is also saying that Israel has been fighting in Lebanon for too long. The conflict between Israel and Hezbollah has dragged on for 981 days since Hezbollah attacked Israel on October 8. Israel has not been able to defeat Hezbollah or achieve a decisive victory.

“Israel is fighting Hezbollah too long, and too many people are being killed,” President Trump said, according to a June 16 post on X/Twitter by Fox News Chief Foreign Correspondent Trey Yingst.

“You don’t have to knock down an apartment house every time you’re looking for somebody. There are a lot of people in those apartment houses, and they’re not all Hezbollah,” Trump went on to say.

US President Donald Trump was born on June 14, 1946. When the Six-Day War began, he was 20 years old, and he would have turned 21 a few days after the war ended on June 10, 1967. As such, it’s plausible that the Six Day War was a formative memory for a young Trump.

Israel’s rapid victories back then were part of the doctrine of Israel’s founders. Led by young generals such as Lt. Gen. Yitzhak Rabin, Uzi Narkiss, David Elazar, Yeshayahu Gavish, Ariel Sharon, and Israel Tal, Israel vanquished three armies in six days.

This was a decisive victory. Even in 1973, when Israel suffered an initial setback, the country quickly defeated the Egyptian and Syrian armies in two weeks of tough combat. When Israel launched the 1978 and 1982 invasions of Lebanon, the IDF covered more ground in 48 hours than it had covered in 982 days of fighting since 2023.

Trump likely remembers all these conflicts, and although he is not seen as a deep student of history in terms of being a major consumer of books, Trump has a keen memory for formative events. He is also a supporter of Israel.

However, Trump believes support of Israel also means doing what is in Israel’s interests, not just praising Israel and never telling its leaders “no.”

Trump has said that he suggested that Syria take care of Hezbollah. He knows that the Syrian rebel group HTS defeated the Assad regime in a week in 2024. He wonders why it has taken Israel so long to defeat Hezbollah.

Trump can listen to Israeli media and statements by Israeli leaders vowing to “crush” Hezbollah. These kinds of statements are made every month. Yet Hezbollah remains.

Trump said, according to Yingst’s post, that he doesn’t like the recent Israeli strikes on Beirut.

‘Syria can do Israel’s job,’ Trump says

“If Israel can’t do the job without killing everyone else, he’ll do the job, Syria will do the job…Bibi has to be more responsible with respect to Lebanon. I’m not happy with the way Israel has handled themselves with Lebanon, and with Hezbollah. Israel would have been blown up a long time ago, had I not gotten involved.”

This isn’t the first time Trump has appeared to tire of Israel’s long wars. He also got tired of the war in Gaza. When he came to office, a hostage deal was agreed. Israeli officials vowed not to go to phase two of the deal and instead cut off aid to Gaza in March 2025.

The Trump administration watched and listened to more boasts in Jerusalem about how Hamas would be defeated. By May, though, the IDF had only retaken areas it had already held before in Gaza.

The US became frustrated with the aid cut-off and backed the new GHF initiative. Still, throughout the summer, the IDF’s new offensive didn’t achieve a victory over Hamas.

By September, Israeli leaders were vowing to attack Gaza City, and a million people were evacuated, and Israel’s Defense Minister boasted about destroying high-rise buildings in Gaza. But Hamas remained.

Trump, frustrated by the lack of progress in Gaza, secured a hostage deal by working with the Arab countries and countries such as Turkey. The deal brought all the hostages home. In October, days after the deal came into effect, Jerusalem vowed to cut off aid again to Gaza in response to claims that Hamas was violating the ceasefire.

The White House made it clear that aid would not be cut off. Aid would not be used as a weapon anymore. This was an example of how the Trump administration didn’t appear keen on civilian suffering in Gaza. If Israel couldn’t win the war quickly with Hamas, then the war should stop.

The administration appeared to have the same view of the 12 Day War with Iran in June 2025. It helped end that conflict as well, with a ceasefire. This was the kind of short campaign Trump liked. It likely fueled a sense that a new round in February 2026 might also achieve quick results.

After the success the US had with removing president Nicholas Maduro in Venezuela, Trump was inclined to think that Israeli arguments in favor of a new conflict with Iran would pan out.

The whole story of the lead-up to the February attacks is not known, and many leaks have tried to portray different sides as being at fault for ideas such as pushing Kurds to launch an offensive. What is clear is that the White House is tired of the war dragging on and has wanted a deal.

The same thing has happened in Lebanon. The White House supported Israel’s striking at Hezbollah.

However, fighting for the sake of fighting without a strategy doesn’t make sense to the Trump administration. It is known for asking “what are we doing and why are we doing it?” This is a key element of the Trump doctrine.

As such, there are questions about what Israel is doing in Lebanon. What is the point of more bombing of Beirut? What does it accomplish that 981 days of conflict didn’t accomplish?

Reports that Trump also pressured Israel not to carry out more strikes on Iran are part of the same pattern. What would a planned new strike have accomplished?

Trump is in Europe at Evian, France, where he is attending the G7 summit. Trump appears to want Israel to tone down strikes in Lebanon and also not rock the boat of a potential Iran deal.

Some assume that Iran won’t actually do a deal or that the IRGC in Iran will sabotage the deal anyway, making Israel’s pessimism appear correct. Then more strikes may follow.

Israeli policy that channels the 1967 generation 

However, Trump appears to want an Israeli policy that channels more of the 1967 generation and less of the long war concept that has taken hold since October 7. Trump’s language has become more critical of Israel, saying a recent attack was “vicious,” according to CBS.

Trump has often been attuned to civilian suffering in war. He and members of the administration didn’t like to see the suffering in Gaza, and they don’t like it in Lebanon. “Too many people are being killed, and you don’t have to knock down an apartment house every time you’re looking for somebody,” is an important point for the American president to make.

Israel has precision weapons capable of destroying individual apartments. Trump knows this. He has appeared to become more critical of the current Israeli policy of razing whole areas and also attacking high-rises.

The attacks on buildings didn’t defeat Hamas or Hezbollah. Trump appears to think that rapid wars, such as the 1967 war, where one goes around civilian urban areas rather than destroying them, are a more effective method of war.

Israeli politicians also want a return to the era when Israel won fast wars rather than wars dragging on for years, with the enemy still holding on in Gaza and Lebanon.

Former prime minister Naftali Bennett recently vowed “a return to the security concept of fast, strong, and decisive wars.” Rather than wars that drag on, he says that Israel can do better. Trump appears to agree.

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AceableAgent has partnered with real estate coach Tom Ferry to launch Fast Track, a new training course aimed at helping newly licensed and early-stage real estate agents move from prelicensing education into building sustainable businesses.

The Austin-based digital education provider announced the launch Tuesday, saying the program is designed to close the gap between state-required licensing coursework and the skills agents need to generate leads, work with buyers and sellers and manage a pipeline in today’s market.

AceableAgent is known for its state-approved, online pre-licensing courses serving hundreds of thousands of agents across the U.S., according to the company announcement. Tom Ferry, founder and CEO of Tom Ferry Coaching, leads one of the largest real estate coaching, training and technology organizations globally.

“Partnering with Tom Ferry allows us to bring world-class coaching directly into the AceableAgent experience,” Blake Garrett, founder and CEO of Aceable, said in a statement. “At a time when more people are exploring real estate as a career, Fast Track helps bridge the gap between getting licensed and building a real business as a practicing agent.”

Fast Track delivers more than four hours of instruction through 25 coach-led videos organized into 11 chapters, according to the announcement. The curriculum covers fundamentals such as mindset, goal-setting, lead generation, listings, buyer consultations and objection handling.

The firm said the course also includes execution tools such as a business plan builder, performance tracker and downloadable scripts, checklists and action guides meant for immediate real-world use.

“Fast Track was built for new and early-stage agents who are just getting started and need real direction,” Ferry said in the announcement. “This training provides a clear path on the most important areas of focus for new agents, so you can start building your business right away instead of trying to figure it out alone.”

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication.

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Sagent announced Tuesday that Kenneth Posner has joined the company as chief financial officer, where he will oversee financial operations and strategy.

Posner brings more than three decades of experience in mortgage banking and financial services. Most recently, he led strategy and investor relations at Mr. Cooper Group, helping guide the company’s growth into the nation’s largest mortgage servicer before its acquisition by Rocket Companies.

Before joining Mr. Cooper, Posner co-founded Capital Bank Financial Corp., which acquired and recapitalized banks in the wake of the 2008 financial crisis. He also spent years as a senior research analyst at Morgan Stanley, covering mortgage, financial services and fintech companies.

Posner succeeds former CFO Jaime Gow, another former Mr. Cooper executive. According to Gow’s LinkedIn account, he has joined the Texas Stock Exchange as its first CFO, a move the exchange announced May 18.

Sagent chairman and CEO Chris Marshall said Posner’s combination of market expertise and operational experience will support the company’s next phase of growth.

“Ken’s ability to connect market insight with execution is exceptional, as is his discipline in driving long-term value,” Marshall said in a statement. “His experience across banking, capital markets, and servicing will help Sagent continue to grow with focus and strength.”

The appointment comes as Warburg Pincus-backed Sagent continues scaling Dara, its mortgage servicing platform designed to modernize servicing operations through cloud-based and artificial intelligence technologies.

Sagent President Sridhar Sharma said Posner’s financial and strategic experience will be important as the company expands the platform’s reach across the mortgage industry.

“Ken’s financial and strategic insights will be critically important as we scale Dara, our game-changing mortgage servicing system, into the industry’s leading platform,” Sharma said.

Posner said he was attracted to Sagent’s focus on innovation in mortgage technology.

“I’m thrilled to be joining a team with deep expertise in mortgage technology and a company [that] is bringing radical new capabilities to the industry,” he said.

This article was written by Sarah Wolak and generated with the assistance of HousingWire Automation, then reviewed by a HousingWire editor before publication.

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The FBI thwarted a potential attack involving explosive drones targeting the White House during the weekend’s UFC Freedom 250 event, FBI Director Kash Patel confirmed on Tuesday.

According to officials speaking to FOX News, the plan was to launch explosive drones to hit buildings near the event to drive spectators into a sniper ambush, and then storm the White House gates, with the goal being to target “capitalist elites,” “billionaires,” or politicians who received donations from the American Israel Public Affairs Committee (AIPAC).

The FBI has reportedly arrested five suspects so far, with the investigation stretching across at least 12 FBI field offices, officials told FOX.

“While the result represented the best of investigative work, it was also nothing out of the ordinary for this law enforcement team – we are built to detect, respond to, and bring to justice those who threaten the lives of American citizens – particularly during large gatherings like the historic UFC 250 fight,” Patel wrote on X.

Nearly 4,500 people would have been in danger if the attack succeeded

US President Donald Trump’s UFC Freedom 250 event saw some 4,300 attendees, including about 1,200 active-duty service members and 14 fighters from around the world, on the White House’s South Lawn on Sunday in honor of Trump’s 80th birthday.

“I want to thank our great agents and partners, this work remains ongoing and we will continue to update the public as permitted,” Patel wrote.

Trump has not commented on the potential attack, which is the latest in a series of attempts to harm him, the most recent of which was the White House Correspondents’ Dinner in May, when an active shooter fired several shots in the hall.

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SpaceX stock continued to surge on Tuesday following its record-setting IPO last week, with the company’s market capitalization surpassing Amazon’s $2.66 trillion valuation.

Elon Musk’s SpaceX debuted on the Nasdaq on Friday following its IPO and has risen about 35% since it began trading last week, as traders look to capitalize on its momentum.

This is a developing story. Please check back for updates. 

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When the Bureau of Labor Statistics released its May jobs report on Friday, June 5, it named only a handful of industries that added workers. Health care was one of them. The economy added 172,000 jobs for the month and the unemployment rate held at 4.3% — but strip away hospitals, clinics, and care providers, and the picture turns much weaker.

Health care added roughly 35,200 jobs in May. That alone is a story. For more than a year, while most of the economy has cooled, one sector has kept hiring every single month.

Just how lopsided is it? According to Revelio Labs, health care has added 410,700 jobs since January 2025 — nearly double the 208,800 added by every other part of the economy combined. The pattern held all last year too: in 2025 the sector added about 693,000 jobs, while gains elsewhere were largely offset by losses in other industries, leaving total U.S. employment growth at just 116,000. Take health care out, and the country would have lost jobs outright.

So why is one industry hiring when almost everyone else has slowed down?

The answer is sitting in plain sight, and it is not complicated: America is getting old.

Baby boomers make up about one-fifth of the country, and within the next few years all of them will be old enough for Medicare. The oldest are already in their late 70s and 80s — the age when people start needing far more medical care. McKinsey notes that Americans aged 70 and older will grow faster than any other group through the rest of the decade.

More older people means more doctor visits, more procedures, and more management of conditions like diabetes and heart disease. That demand does not rise and fall with the stock market. It just keeps climbing.

There is also a squeeze on the people who provide that care. The number of potential caregivers for every American over 80 is projected to fall from more than seven in 2010 to about four by 2030. Fewer hands, more patients.

The jobs are also moving. Care is shifting out of big hospitals and into doctors’ offices, outpatient centers, and patients’ own homes. That is where most of May’s hiring landed — ambulatory services added 25,700 jobs, far more than hospitals. Many of these employers are small, local practices, so the openings are spread across the country rather than bunched in a few big cities.

Here is the part that matters for anyone looking for work: the jobs are real, and there are not enough people to fill them.

A June 11 report from Staffing Industry Analysts found open health care and social assistance positions have stayed near 1.3 million nationwide since late 2024. Employers posted 180,800 non-clinical health care jobs in 2025 alone — an 8% increase from the year before, according to Robert Half — and those are just the desk and support roles.

Looking ahead, the field is expected to generate about 1.9 million openings every year for the next decade. Indeed warns the country could be short 4.6 million support workers by the end of this year.

And many of these jobs do not require medical school or years of debt.

Home health and personal care aides — the fastest-growing health job in the country — need only a high school diploma and a set number of training hours, often paid and on the job. The work pays a median of about $34,900 per year, and the BLS expects the field to grow 17% over the next decade.

A step up, medical assistants earn around $42,000 per year, or roughly $20 per hour, and can train in a matter of months. The role mixes front-desk and clinical work and often becomes a launch pad into nursing or a specialty.

For those willing to study longer, the ladder keeps going. Occupational therapy assistants earn a median near $70,800 with a two-year associate degree. Physician assistants — a popular path for career switchers — earn about $133,000 annually with a master’s degree that takes roughly two years. The BLS projects most of these roles to grow at least 10% this decade, more than triple the rate for jobs overall.

The catch is on the employer’s side. Sixty percent of hiring managers at non-clinical health care organizations told Robert Half that finding skilled people is much harder than a year ago. That gap — open jobs that no one is filling — is exactly what turns a tight labor market into an opportunity for job seekers.

It is not all good news inside the field. Indeed’s survey found 2 in 5 health care workers call their jobs unsustainable, and 1 in 4 are thinking about leaving this year. Burnout and paperwork keep pushing experienced staff out the door — which only deepens the shortage and keeps the help-wanted signs up.

The next jobs report, covering June, comes out on Thursday, July 2. If the past year is any guide, health care will be near the top of the list again — the one corner of the economy still reliably adding work.

JBizNews Desk

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While Israel is considered a dominant player in the cybersecurity field, and part of that means using artificial intelligence (AI) in smart ways in that arena, in the broader AI context, Jerusalem is behind and now trying to play catch-up.

On Tuesday, the government approved a new, wide-ranging series of AI policies that could spark a rally and change the lives of all Israelis in the workplace, in education, and eventually in every area of life as the world accelerates in this rapidly advancing field.

This decision is the culmination of Prime Minister Benjamin Netanyahu appointing ex-9900 intelligence chief, Brig. Gen. (res.) Erez Askal on October 12, 2025, to be the country’s first AI Chief, to work alongside Israel National Cyber Directorate (INCD) Chief Yossi Karadi.

Since then, Askal has worked hard to identify the many fronts on which Israel must move forward in its use and understanding of AI, as well as to determine how best to leverage Israel’s strengths over the course of a multi-year campaign on the issue.

The Jerusalem Post understands that the new AI bureau’s efforts have revealed that Israel’s greatest strengths regarding AI are 1) Integrating and combining cyber security and artificial intelligence to “rub off” well on each other; and 2) Edge solutions – coming up with practical new ideas for solving problems in the field, and in war, on the frontlines.

It is also considered a plus that Askal and INCD Chief Karadi have known each other for years from their days in Israeli intelligence, so they can work together without ego and without missing a beat.

What will the IDF’s AI bureau do?

The AI bureau expects that it will help: 1) Israel implement home-developed solutions and programs as opposed to requiring foreign solutions; 2) Israeli companies have products to physically manufacture from which they can make profits; 3) Pursue regulations to create order in this new area, while avoiding over regulation which stifles innovation; and 4) Mix big data and machine learning capabilities with addressing real world problems in powerful new ways.

Following the government decision, Netanyahu said, “The purpose is clear: to establish Israel as a world leader in the area of AI because AI is not just another technology – it is a revolution. It will impact the economy, security, science, industry, health, education, and the State of Israel’s international status.”

Askal stated, “This decision ensures the power and achievements of Israel for the upcoming decades. In the coming years, it will become clear which countries succeed in establishing their place at the forefront of the world during the age of AI, and which will be forced to rely on the technology, infrastructure, and capabilities which others will develop.”  

At a conference on June 2, Askal made a major public performance, declaring, “While the great powers in the world are preoccupied with a crazy-paced arms race regarding the major layers of AI: research and development, energy, and modeling, the entire world is stuck in the embarrassing situation asking: what do we do with this tomorrow morning?”

“This is exactly where Israel’s comparative advantage exists: when the giant blue Ocean of AI meets [people’s] real lives. The ability to inject AI into the physical world and onto [solving] life’s problems, to take an aircraft or drip irrigation and to make them ‘smarter’ – is a critical growth engine for us.”

Why is Israel behind on AI?

One thing Askal cannot say in public, given the sensitivity of his position, is that Israel initially fell behind in AI for a number of obvious reasons.

These include that Israel: has less space to build data centers, it has less natural resources to cover the immense energy needs of such data centers, and its success in cyber security was driven in many ways by the private sector, with the government only following, whereas big AI projects need heavy government investment and interventions, which Israel’s government is slower at for new projects, the Post understands.

All of this means that the AI bureau will be trying to take on a new coordinator role to facilitate the private sector working together toward clearer, more specific national AI goals, rather than only their own narrow business interests.

So the government may not build large new infrastructure projects for AI on its own, but may encourage and facilitate tens of thousands of projects, including some large ones, as well as serve as a “plumber” of sorts, trying to scrap red tape that might slow down new projects.

One project is in education, where Israeli universities, in coordination with Askal, will roll out a brand-new AI degree in October.

Computer science as a degree may not be gone, but this AI degree may start to supplant it as more relevant for the next stage of the job market.

That is at the entry level.

For Israelis already in the workplace, one million, and for some issues, possibly up to four million, are likely to need partial or complete reskilling and retraining, either to keep their current roles or to take on new ones.

Another massive project is building enormously powerful and expensive data centers throughout Israel, especially in the Negev desert of the Israeli South.

The government decision on Tuesday commits to building around 100,000 GPUs dedicated to AI data centers.

Already in mid-May, the Wall Street Journal reported, and the Post can confirm, that the US is examining the possibility of establishing a secure AI base in the Negev as part of a broader effort to protect advanced technology from China and cement American dominance in the AI race.

American and Israeli officials have been working on a joint initiative known in Israel as Project Spire. The proposed facility would combine the security standards of a US military installation with the research and engineering culture of a major technology hub.

The plan has centered on three Israeli-proposed sites in the western Negev.

Israel would provide the land through a long-term lease for American use, while the facility itself would be designed to host research and development, major server infrastructure, dedicated energy systems, chip design, AI model training, and potentially advanced semiconductor production.

Further, Askal will pursue international cooperation on AI with a host of countries.

This is only one part of efforts by Askal’s agency and the Israeli government in general to build up a series of new IA data centers in the Negev and elsewhere.

Until now, a variety of substantive and procedural hurdles have slowed approvals for starting to build such data centers for years, whereas some other locations, such as in Texas, have reduced their approvals process to a period of months.

Askal hopes to streamline approvals and also to attract more Israeli investors into this arena, while some already have been seeking to enter since late 2026, and even more in 2026.

Last week, Calcalist reported on meetings of Israel’s representatives in a major AI and data center conference in Cannes by Shelly Landsmann, the former CEO of Microsoft Israel and today a founding partner of data center company NED and chair of its advisory board.

Also last week, Kardan Israel announced the establishment of a subsidiary that will consolidate its activity in data centers, with stakes in server farms in Kfar Saba and Shoham.

Another prominent figure in the new trend is Ofer Yanai, the controlling shareholder of Nofar Energy, who last week purchased land in Shoham for NIS 361 million to construct a new data center, Calcalist reported.

Companies such as MedOne, which operates four facilities in Israel; Bynet, which operates sites in Shoham, Jerusalem, and Tel Aviv; and Bezeq International, which operates a communications facility in Petah Tikva, have been in this market for a long time but are now seeking to significantly up their game.

The government decision includes additional investment in building Israeli quantum computers. That effort had started in recent years, but prior funding allocated for it had run out and needed to be renewed.

According to the government decision, new institutions, such as an institute dedicated to identifying and exploiting key accelerators for how AI can be used in various industries and areas of life, and a special focus on advancing physical AI, including identifying and combating DEEP FAKE AI, will be established. 

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State Comptroller Matanyahu Englman warned Tuesday that local authorities are falling short on basic systems that shape daily life in Israel, from traffic cameras to social workers carrying wartime caseloads to buildings that still may not be safe years after the state identified them as dangerous.

In his annual report on local government, Englman found that municipalities and government ministries often know what needs fixing but have not completed the work to fix it. He called for clearer limits on enforcement cameras, capped social workers’ caseloads, a national urban renewal plan, faster business licensing reform, local climate plans, cyber monitoring, and renewed supervision of Pal-Kal buildings.

The report is less about one dramatic failure and more about a pattern: local government is on the front line, but too often without the rules, budgets, data, or follow-up needed to work properly.

On traffic enforcement cameras, Englman said local authorities’ use of cameras to enforce parking and public transportation lane rules “makes enforcement more efficient,” but warned that it “may harm the privacy of passersby, and therefore requires careful examination and proportionate and limited use.”

The audit found that only six of 38 local authorities with public transportation lanes had published on their websites that they enforced bus-lane offenses using cameras.

In the four authorities examined – Herzliya, Hadera, Ramat Gan, and Binyamina-Givat Ada – 189 cameras were used, around 121,000 tickets were issued in 2024, and the fines were worth around NIS 44 million.

The problem, Englman found, was not only how many tickets were issued, but how the cameras were managed.

Some authorities kept images in sufficient quality for inspectors to identify passersby. Binyamina-Givat Ada kept filming with four enforcement cameras even after it stopped using them for parking enforcement in March 2024 and shifted them to security use.

The problem goes beyond local authorities

The Transportation Ministry, meanwhile, had not advanced the process of approaching local authorities that do not enforce bus-lane offenses and asking them to begin, even though it received that authority at the end of 2022.

“Local authorities must use enforcement cameras in a proportionate and fair manner, and for the purpose of achieving the goal of enforcing traffic laws, while protecting the right to privacy of passersby,” Englman said.

He recommended that authorities periodically ask a simple question: Does this camera still serve the reason it was put here? If not, he said, they should stop filming or move it.

The war also runs through the report. Englman said the events of Oct. 7 and the war that followed “demonstrated the importance of the role of social workers in social services departments.”

But the audit found that those departments were already struggling, and the war made the strain worse.

The war has made the issue greater

In 2024, there were 1,155 unfilled social worker positions in municipal social services departments nationwide, equal to 16% of positions. In the authorities examined, the share of unfilled positions ranged from 1% in Modi’in-Maccabim-Reut to 34% in Kiryat Motzkin.

The Welfare Ministry still had not set the maximum number of cases that may be assigned to each social worker, even though more than two decades had passed since the relevant allocation formula was set.

In a questionnaire conducted for the audit, 74% of responding social workers said the workload in their department had increased to a large or very large extent since the outbreak of the war. Another 54% said they had experienced burnout to a large or very large extent because of the war.

Englman recommended that the Welfare Ministry work with local authorities to retain social workers and quickly finalize the maximum caseload, especially because demand for welfare services is expected to grow.

On urban renewal, Englman described the policy as “a strategic tool” for planning and construction, particularly because Israel needs more housing and older buildings must be protected against earthquakes, rockets, and missiles.

Magen David Adom responds after a Tel Aviv building is hit by an Iranian rocket.  (credit: Courtesy Magen David Adom)

But the audit found that the projects most likely to move forward are the ones that make financial sense for developers. That leaves many peripheral cities, where the need may be urgent, but the economics are weaker.

Some 58% of urban renewal projects are being promoted or implemented in the Central and Tel Aviv districts. In 23 evacuation-and-construction projects promoted in Beit She’an, Tiberias, Safed, and Kiryat Shmona between 2017 and 2025 – all highly exposed to earthquakes and war risks – no building permits had been issued.

“The need to reinforce buildings against earthquakes is not receiving a sufficient response,” Englman said, adding that communities exposed to these dangers do not have enough projects to renew the built environment.

Despite previous recommendations, Israel still has no national policy document or unified national plan for urban renewal, Englman said. He recommended that the Prime Minister’s Office, Israel Land Authority, Planning Administration, and Government Authority for Urban Renewal encourage projects in areas where there is not enough economic incentive.

Many businesses are operating without proper licensing

The report also found major gaps in the business licensing reform, meant to make it easier and faster to open and operate businesses legally.

Despite the reform, 20.5% of businesses requiring licensing were operating without approval to open in 2024, amounting to 28,351 businesses. Forty-two local authorities did not provide the Interior Ministry with information on the licensing status of businesses in their jurisdiction that year.

Englman said the problems affect existing business owners, people who want to open new businesses, and the public. He recommended that all bodies involved work together to remove barriers to full implementation, noting that business licenses help protect public health and safety and ensure compliance with the law.

The report also found that most local authorities have not prepared for climate change. As of October 2025, 154 local authorities, around 60%, had not prepared a local climate adaptation plan and were not in the process of doing so. Among authorities that responded to a comptroller questionnaire, 87% had not prepared a climate risk map or survey.

Of the 259 local authorities, only 45 had completed joining the government cyber monitoring service by November 2025. Another 138 had not yet joined the process.

One of the starkest sections concerned Pal-Kal buildings, a construction method whose dangers became a national issue after the 2001 Versailles wedding hall disaster.

The report found that the dedicated Pal-Kal headquarters had not met for around six years and had not maintained a reliable, updated national database. Around 300 privately owned buildings, including event halls and commercial centers, had still not undergone initial identification checks.

None of the local authorities examined had submitted annual reports to the Pal-Kal headquarters as required since at least 2018. They also did not conduct the required annual engineering monitoring for Pal-Kal buildings under their responsibility, including school buildings.

Throughout the report, Englman’s message was clear: local authorities are the bodies residents first meet when the road is blocked, the social worker is overloaded, the business cannot get licensed, the building is unsafe, or the next storm hits.

The gaps, he found, are not abstract. They affect privacy, safety, welfare services, public transportation, housing, business owners, and the ability of local government to withstand the next emergency.

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Israelis expressed dismay on Monday and Tuesday following the US and Iran’s confirmation that they had completed talks on a memorandum of understanding to end the conflict, saying that the Iranian regime was untrustworthy, and with it still intact, it would continue to pose an ongoing existential threat to the Jewish State.

Speaking to The Jerusalem Post on Jaffa Street in central Jerusalem, some Israelis indicated that, with the MoU, which is set to be officially signed in Switzerland on Friday, they saw an emerging rift between the US and Israel.

One man, who holds both American and Israeli citizenship, said he was confused by US President Donald Trump’s decision to come to a deal with the Iranians.

“For us, it’s horrible. I don’t know what Trump is thinking. I’m also American, so I’m assuming he has Americans’ interests in mind,” he said, adding that although he saw no reason to trust the Iranians, he assumed that Trump had his own reasons, even if they were incongruent with Israel’s needs.

“It sucks, he added. “It just means that we are going to be in this s**t a lot longer. I don’t trust it at all. You can’t negotiate with the IRGC like you negotiate with Western countries. It’s not the same. They’re motivated by religious extremist ideals.”

One woman who spoke to the Post had a similar message, speculating that it was possible the MoU could be good for the US, but left Israel in a dangerous position.

“Maybe for the US it’s a good deal, but not for Israel. If the regime is still there, Israel will still be in danger, because the regime wants to eliminate Israel. It would have been good, at least, if Iran is staying as it is, that Hezbollah would be out, and Hamas would be out. At least around Israel, there would be peace.”

Israelis dismayed at Trump deal with Iran, say that it’s meaningless

Another man said that in his view, the agreement won’t create any meaningful change in the region.”

“It’s political theater,” he said. “There is no end to this conflict. The JCPOA (Joint Comprehensive Plan of Action) shows that any agreement with Iran is not worth the paper its written on.” 

He continued, saying that what agreement may actually do is indicate that the US-Israel relationship may deteriorate in the future.

“This is basically a holding pattern for Israel,” he said. “I’m trying to understand exactly what this means. Did the US really abandon Israel just to make this deal? It’s going to raise a lot of questions about US support for Israel, and if it’s really got a future.”

Another young man expressed frustration with the deal and lashed out at Prime Minister Benjamin Netanyahu for engaging Israel in a war that ultimately ended with an agreement that left Tehran’s regime rooted.

“I don’t know all the details, but I would say that I am frustrated with it. I feel like Benjamin Netanyahu started a war that he couldn’t finish on his own terms. If you want to do a war, you should have a way to end it with terms that are on your side. If you are not capable of taking down the Ayatollah regime, then don’t drag us through 40 days of alarms.”

Israelis frusturated with Trump’s Iran 

He also went on to express frustration that Israel, which was not a party to the MoU, was still implicated in it through its agreement that the ceasefire would include Lebanon.

“Israel can’t vote for the United States of America’s elections, but apparently, if Trump says something, then we all have to do as he says.”

Similarly, another man who spoke to the Post said that he saw the MoU as a betrayal because it involved Israel without any Israeli input.

Still, he said, he thought it would ultimately be positive, speculating that it would advance closer ties between Israel and other regional powers.

“It’s betrayal, but it will be very good for Israel still,” he said. “There will be new connections with Saudi (Arabia) and the Emirates, and everything. So, they will have to manage themselves without America.”

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Two students were expelled from Amirkabir University of Technology after the pair was accused of burning the flag of the Islamic regime, according to the university’s student newspaper.

Amir-Mohammad Karimi and Mahyar Eghtesadi, who both studied engineering at the Tehran Polytechnic, were expelled in absentia by the university’s disciplinary committee after reports surfaced that they burned the regime flag, with some sources also reporting that they waved the Lion and Sun flag from pre-Islamic revolution Iran.

The student newspaper claimed the pair were expelled following reports by members of the Basij voluntary paramilitary force, an arm of the IRGC, who study at the institution.

Students were expelled for ‘creating chaos’

The students were expelled under the “fabricated charge” of creating chaos and disrupting the educational process,” according to the Persian diaspora site Kayhan London, and comes as universities have begun expelling students in mass.

Eight other students were reportedly issued expulsion notices at the Sharif University of Technology, 16 from the University of Science and Technology of Iran, and four from Soureh University.

A large number of students have also received temporary, but significant, suspensions from their educational institutions.

Last week, Reza Dalman, a master’s student in computer engineering at Sharif University of Technology, was sentenced to expulsion and a four-year ban from studying at all universities in the country after he hung a stuffed mouse from a tree in what was said to be an action insulting to then-Ayatollah Ali Khamenei, according to Iran International

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I have not seen Sydney Sweeney in any of her films, but I am aware that her boyfriend is the Jewish Scott ‘Scooter’ Braun, a very successful businessman and record executive. And he is not fearful of identifying with Israel.

He spoke in December 2023 at a rally in Tel Aviv’s Hostages Square and also featured the mother of an Israeli hostage in a video posted to his Instagram calling for the music industry to spread awareness on the issue. I did see a picture of Sweeney together with Avinatan Or and his then partner, Noa Argamani, when the pair had visited America in mid-January this year.

Sweeney was interviewed by Rebecca Ford, which was uploaded on June 9 at the Vanity Fair website, and was asked if there was a narrative she had “wanted to correct or is it even worth doing that as an actor?”

She was aware that “I’m spoken for through journalists,” by which she meant that people really do not have any clue as to who she actually is or what she thinks.

Moreover, she is fully aware that anything she says can be rewritten or modified before publication. 

Sweeney also noted that people like headlines as they are easier to consume and attract more attention. “People,” she continued, “often form opinions based on those excerpts rather than the complete conversation, leading to rumors.”

Reflecting on her situation, she agreed that correcting everyone would be exhausting, but as she is content with her life and her career is going very well, these narratives do not bother her much.

That attitude resonated with my thinking on Israel’s situation as reflected in the media – that of the newspapers and periodicals as well as the social media platforms of Facebook, X/Twitter, TikTok and the rest.

Political commentator Cenk Uygur is an outstanding example of the blatant lying campaign on X. With 885,000 followers, he is extremely visible and generates second-tier views, especially if his appearances on Piers Morgan’s show are included.

A few examples of his: “Hezbollah is defending Lebanon from an invading army…They are clearly the aggressors”; “When Israel did their first ethnic cleansing in 1948, our media lied to us and said the Palestinians attacked the Israelis’; or “Israel stole almost all our top secrets, our nuclear secrets, our nuclear triggers and over 300 pounds of uranium.”

And here is an X post last week – from someone/thing called Ounka with 227,000 followers on – Gwyneth Paltrow promoting a Herzliya apartment complex: “Imagine advertising luxury villas in Nazi Germany during the Holocaust. That’s the level of tone-deaf we’re witnessing.”

If you add to that the posts, videos, podcasts and TikTok clips of some two dozen anti-Zionists and antisemites, a powerful wall of ignorance is standing in the way not only of truth but simply any ability to argue with or counter their falsifications.

Political commentator Candace Owens, on her first broadcast returning from Russia, announced, “Zionism rots the brain,” echoing Tucker Carlson’s whine that Christian Zionists suffer a “brain virus.

It is not about the facts, nor the details, nor even the context. The claims are phrased so as to be non-debatable or even arguable. The overall narrative is negative, and it is portrayed as threatening. In other words, a classic antisemitic framework construct.

Sam Harris, in a recent Free Press piece asserting it is futile to even debate enemies of Israel, noted what need be the core elements of a hasbara – public opinion – attitude.

‘Ethical difference between Israel and her enemies’

They are that there is an “ethical difference between Israel and her enemies [that] remains vast” and “global preoccupation with the Jewish state, as though it were the worst villain among nations, is contemptible, being the product of perennial lies and delusions.”

If I may rephrase that, it is not such much a matter of what battles to pick or even how to fight them. We must realize that championing Israel and justifying Zionism is in another place, totally. A rather disturbing transformation has occurred.

The idea of Palestine has colonized their minds. Matthew Schmitz, in an op-ed on the Democratic Party’s rising anti-Zionism in the Washington Post on May 29, wrote: “Anti-Zionism has bled into antisemitism.” Woke liberalism that graded up to progressivism has arrived at the stage of irrationalism.

In such an approach to geopolitics, this framework will tolerate the slaughter and rape of Yazidis and Sudanese and will ‘understand’ beheadings in France and Ireland no less than it will minimize the massacres of October 7 as well as ignore the everyday terror in Judea and Samaria.

Iran is to be championed. Turkish President Tayyip Erdogan’s renewed Ottoman Empire revitalization campaign is ignored. Arrests and detentions of Gaza Flotilla activists in Libya are downplayed while believing their rape in Israel is accepted truth.

The pro-Palestine/anti-Zionist global collective has finally arrived at the place they want to be in confronting the Jewish national liberation movement. The campaign for a ‘liberated Palestine’, having reached a top-of-the-charts scale of media attention, is now at the pre-pogrom stage of its development.

Proactive virulent antisemitism is back and primed. A tipping-point has been reached.

There is less an ability amongst those uneasy with or opposed to Zionism and Israel to grasp the difference between those two terms. Indeed, there is much less a willingness to do so.

Proof? Humanities professors at the University of California, Berkeley are assigning fewer pages for reading as students increasingly struggle to keep up with the required knowledge needed.

The attitude of Sweeney, to realize that filtered truth now forms opinions, that wasting time on what cannot be changed is nigh useless, but that the focus should be on promoting what Israel does best and what it accomplishes for good, should be adopted.

Instead of fighting those that will not change their minds, identify those that can be persuaded and strengthen the support of those who incline our way.

The writer is a researcher, analyst, and commentator on political, cultural, and media issues.

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Lebanon failed to contact famous Lebanese journalist Maria Maalouf before sentencing her to 15 years in absentia last week for comments made five years ago, the US-based Christian-Maronite writer told The Jerusalem Post late on Monday night.
 
Maalouf was sentenced for speaking to KAN News in 2021, where she complained, “Hassan Nasrallah and Iran’s party in Lebanon have taken the state hostage and returned it to the stone age.

The recent crisis with Saudi Arabia demonstrates that Hezbollah has alienated Lebanon from its Arab surroundings… I’ve told Nasrallah that he is a murderer, that he has killed the children of Yemen, Syria, and Iraq… and our citizens in the port of Beirut.”

Maalouf became the first Lebanese journalist to ever be hosted by an Israeli network, and her comments were widely condemned in the Arab world.

Despite having previously interviewed world leaders, including former Lebanese President Amine Gemayel, on her television program Lel-Rouwad Faqat, and receiving three consecutive awards as the “Boldest Journalist” by the Lebanese Press Syndicate in addition to recognition from across the Arab world, her interview with an Israeli media site led many to brand her a traitor.
 
“Fifteen years, for sitting in a studio and answering a journalist’s questions. I want people to sit with that for a moment, because once you do, the absurdity of it becomes the whole story,” she commented, explaining how the conviction has deeply affected her family and those closest to her.

A vocal critic of Hezbollah, an exile in danger

“A verdict like this doesn’t stay confined to a courtroom; it follows you into every phone call home, every plan to visit relatives, every conversation about whether it’s safe to attend a wedding or a funeral,” she continued.

While right now there is no urgent need for her to return to her homeland, Maalouf said the sentence was designed to “sit there, indefinitely, as a reminder that the file is open and the door can close at any time.”

“There’s a difference between living abroad because you were forced to leave because of safety issues, and living abroad with a fifteen-year sentence on the books with your name on it. One is a decision. The other is a cage with very long walls,” she explained.

As a vocal critic of the Iran-backed terrorist group, Maalouf’s life has long been in danger, and she has received death threats, including threats from individuals closely tied to the former Assad regime in Syria.
 
In 2006, she told the Post she received a call plainly telling her she was a “dead woman,” a call she attributes to Hezbollah. The call came after she recorded an episode of her show criticizing the group, and more calls would soon follow.

“One of the most disturbing came not from Hezbollah directly but from the Assad camp – one of the sons of the regime publicly threatened to hang me in Sahat al-Umawiyyin, Damascus’s great central square, the Umayyad Square.

“To be threatened with a public execution, in public, by name, and to understand that no authority in either Syria or Lebanon would treat it as a crime – that tells you everything you need to know about the environment I was operating in,” she recalled.

“The social media dimension has been relentless. My lawyer eventually compiled and filed a formal lawsuit with Lebanon’s Information Department documenting over 500 threat messages sent to my accounts – calls and written messages from unknown numbers and accounts, saying things I won’t repeat in full here, but the category was consistent: threats of rape, execution, disappearance. Not one of those cases was ever prosecuted. Five hundred documented threats, filed with the authorities, and nothing. Meanwhile, I’m the one who ended up with a fifteen-year sentence.”

These threats got worse after she wrote a tweet questioning why Israel wouldn’t just rid Lebanon of former Secretary-General Hassan Nasrallah.

“If Israel really wants peace, then it should go ahead and prove it by signing an agreement with Hezbollah. To this day, we have yet to rid ourselves of Hassan Nasrallah, who had led us awry in his war against it,” she wrote in the 2017 tweet. “If Israel considers Hassan Nasrallah an enemy, then why hasn’t it carried out an airstrike to relieve us of this burden?”

“I said something blunt and, I’ll admit, raw – that if Israel genuinely considered Nasrallah an enemy, it should act like it instead of letting him keep dragging our region into other people’s wars,” she explained.

“It came from anger, not strategy. Anger at watching Hezbollah fight in Syria, in Yemen, everywhere except in defense of Lebanon itself, while ordinary Lebanese paid the price in isolation, sanctions, and eventually war on our own soil.

“That single statement got a group of lawyers to file an incitement case against me, and by 2018, there was an arrest warrant with my name on it – for words, said in anger, about a man whose actual record includes the assassination of Lebanese officials and a foreign war record most Lebanese never voted for and never wanted.”

Beirut First Investigative Judge, Ghassan Oueidat, issued an arrest warrant in absentia against Maalouf for the slander and defamation of Nasrallah, which notably came after Maalouf filed her own lawsuit against Nasrallah for kidnapping, rape, and murder.
 
In supporting legal documents, Maalouf also listed “any person who appears to be an active, interfering, partner or instigator” who helped Hezbollah in “incitement and participation of murder and committing acts of kidnapping, torture, rape, displacement, committing war crimes, crimes of genocide and crimes against humanity in Syria, Yemen, Bahrain and Iraq.”

Maalouf was particularly suspicious of why the sentence, after years of legal battles, came now and hinted that it was part of a wider campaign against those who speak out abroad.
 
“The interviews were in 2021. The sentence lands in 2026. Draw your own conclusions about timing. I have mine,” she said.

“This verdict didn’t arrive in a vacuum. It came down within days of two other Lebanese citizens living abroad, Ahmad Yassine and Joumana Gebara, receiving the same sentence – fifteen years, in absentia, for the same broad category of ‘collaboration with Israel.”

Yassine, a professor in Paris, was accused of “inciting the Israeli army to bomb the historic Baalbek Citadel by disseminating information claiming that the citadel housed Hezbollah weapons depots,” while Gebara was said to have praised IDF Arabic spokesperson Avichay Adraee and thanked him for striking Hezbollah targets in Lebanon, in addition to calling for normalization.

“That’s not a coincidence, it’s a pattern, and it’s a pattern that happens to be emerging at the exact moment Hezbollah is under real pressure over its weapons for the first time in decades,” she said.
 
In March, Beirut banned military activities by Hezbollah after it opened fire on Israel to avenge the killing of Iran’s supreme leader. The Shiite Muslim group, established by Iran’s IRGC in 1982, said its attack was to avenge “the pure blood” of Ayatollah Ali Khamenei “in defense of Lebanon.”

Maalouf said she was given no opportunity to defend herself against the charges of espionage, treason, and incitement after Military Court Investigative Judge Najat Abu Chacra issued her arrest warrant in 2022.

“As for notification or a chance to defend myself – there wasn’t one. No summons ever reached me, no court date I could have appeared for even if I’d wanted to, no lawyer appointed who could meaningfully test the case,” Maalouf complained.

“That’s how these in-absentia military proceedings against exiled critics work by design: they are built to produce a verdict, not to hear a defense. I found out the way most people did – through the news.”

Maalouf admitted that she expected some kind of legal response to her interview, having seen the response to a single Tweet, but hadn’t anticipated that both could “eventually be folded into the same ’collaboration with the enemy framework, years apart, as if the state had been keeping a running tally.”

The heavy sentence comes as Beirut has sought ways to alleviate the burden of overcrowding in prisons, seeking to employ a general amnesty law which would reduce sentences and potentially see thousands of prisoners released.

As of 2023, 80% of those detained in Lebanese prisons were awaiting trial, according to the Lebanese Interior Ministry. At the time, detention centers across Lebanon had a capacity of 4,760, but they held 8,502 prisoners, including 1,094 who actually had been sentenced, Lebanon’s Internal Security Forces reported.

Despite seeking to resolve the burden by reducing sentencing, the courts have handed down long sentences to individuals based on words alone.

“Here is the part I want your readers to really absorb,” Maalouf said. “ While I was being handed fifteen years for giving interviews, the same military court system has, in recent months, processed Hezbollah operatives caught transporting weapons in direct violation of the new state ban on the group’s arms – and handed down sentences amounting to time served and a token fine.”

Further highlighting the inequality in Lebanon’s legal systems, a pro-Hezbollah media figure threatened to execute Maalouf on camera while she was visiting the United Arab Emirates. The violent comments, Maalouf said, were treated as a political commentary rather than an actual threat, and authorities did nothing to protect her.

“Words versus weapons. Speech versus smuggled rockets. And speech gets the harsher penalty. Now, layered on top of that, the general amnesty law is working its way through parliament right now – the largest amnesty Lebanon has considered since the civil war ended.”

Admitting there were “good-faith arguments” for the potential legislation, Maalouf asserted that “when you put the amnesty debate next to my verdict and Yassine and Gebara’s, the message becomes unmistakable: the legal system isn’t grading offenses by harm. It’s grading them by whether you embarrassed Hezbollah. That’s not a justice system prioritizing crimes – it’s a justice system prioritizing loyalties.”

Addressing recent hopes that discussions of direct talks between Beirut and Jerusalem could be a sign that the countries may be inching toward normalization, Maalouf dashed the possibility as not within the realm of possibility, arguing that her case highlighted that the divide was still too great.

“You cannot have a serious national conversation about your relationship with a neighboring state when simply appearing on that state’s television is classified, by your own courts, as treason,” she stressed. “Normalization, even the quiet, unofficial kind, requires a society that’s allowed to debate it. Right now, Lebanon’s legal architecture doesn’t permit the debate to exist. It pre-empts it by criminalizing the people who might start it.”

Maalouf said Hezbollah didn’t need to be in power to decide what laws Beirut gets to write; there only needed to be a collective understanding on “which laws will and won’t be enforced, and against whom.”

“That’s the real architecture of fear here: not a single explicit rule, but a thousand unwritten ones that every Lebanese journalist, politician, and ordinary citizen carries around in their head before they open their mouth,” she described. “The government’s recent moves against Hezbollah’s weapons are real, and I don’t want to minimize them – they matter, and they took courage.

“But the balance of power on the ground, and especially inside parts of the judiciary and security establishment, hasn’t caught up to the rhetoric yet. Verdicts like mine are the proof. The state can ban Hezbollah’s arms in a cabinet decision; it apparently still can’t protect a journalist’s right to give an interview.”

While what is being said may be heavily controlled by a system of norms and laws, what is thought by the “vast majority of Lebanese” who “never asked for and had no say in starting or stopping,” has been decided based on Hezbollah’s actions, she said, hinting that the Iranian proxy had unintentionally created a hostile environment for itself outside of the government institutions it influences.

“People watched their towns get hit, their economy collapse further, their sons sent to fight someone else’s war for someone else’s regional project,” Maalouf said. “I said in 2017 what a lot of people now say quietly at their own dinner tables. The difference is I said it on camera, and that’s precisely why I’m answering your questions from outside the country instead of inside it.”

Framing much of those discussions is the sectarian divisions Lebanon has long tried to suppress mention of since the end of its deadly civil war.
 
For Christians, Maalouf said their ability to live in Lebanon safely depends on their ability to “accommodate and “stay quiet” about “Hezbollah’s arms, nod along with the ‘resistance’ narrative, don’t make too much noise about Iran’s role in your country’s politics.

For many, the choice is a simple one. However, for voices like Maalouf and Hanin Ghaddar, who previously spoke to The Post about her own judicial struggles in Lebanon, the issue of sovereignty is too important to trade a quiet life for.

“If you’re a Christian who insists on the other version of Lebanese identity – sovereign, pluralistic, answerable to Beirut and not to Tehran – the space to exist in that identity narrows very quickly,” Maalouf said.

“Not because anyone passes a law against being a proud, independent-minded Lebanese Christian. They don’t have to. The pressure isn’t always written into legislation. Sometimes it’s a court file. Sometimes it’s a sentence that arrives five years after the fact, attached to your name, hanging over the people you love.”

“I don’t experience this as a sectarian grievance in the narrow sense – plenty of Sunni and Shia Lebanese feel exactly the same squeeze when they criticize Hezbollah. But as a Christian, my case has become part of a larger argument this country still hasn’t resolved: whether Lebanon belongs to the Lebanese, on Lebanese terms, or whether it belongs to whoever controls the weapons,” she continued.

Concluding her talk with The Post, Maalouf asserted that while “a military court can write whatever number it wants on a piece of paper,” it didn’t make her guilty of anything, and it  “doesn’t make Hezbollah’s record any less documented. What it does is tell you, with total clarity, who that court is actually protecting, and it isn’t Lebanon.”

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Investors have bought a net 259,298 Bitcoin (CRYPTO: BTC) between $59,000 and $67,000 over the past 10 days as Glassnode’s Accumulation Trend Score hits its highest possible reading— a signal for the strongest buying interest of the entire drawdown.

Retail And Whales Both Buying As Accumulation Hits Peak Level For Two Weeks Straight

Glassnode’s UTXO Realized Price Distribution data shows the buying is broad-based across every wallet cohort, from holders with less than 1 Bitcoin to those holding up to 1,000 coins.

That breadth matters because from March through May, most of these same groups were net sellers as Bitcoin stagnated around $70,000.

The Accumulation Trend Score has now held at its peak reading of 1.0 for more than two weeks, marking the most sustained and aggressive buying behavior observed during this drawdown. 

The $59,000 flush earlier this month appears to have been the trigger …

Full story available on Benzinga.com

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Rise and shine, everyone, another busy day is on the way. And it is getting off to a pleasant start here on the Pharmalot campus, where clear blue skies and comfy breezes are greeting us. Moreover, the official mascots succeed in spotting various varmints — foxes and possums, to be specific, but thankfully, no vultures. As for us, we are heating our spiffy new replacement kettle for another cuppa stimulation. Our choice today is old-fashioned green teas. And here is a helpful tip — a teaspoon of honey enhances the flavors splendidly. Of course, you are invited to join us. For the full experience, we are now hawking replicas — take a look. Meanwhile, here are a few items of interest. As always, do keep in touch. We appreciate feedback, criticism, and tips. …

Weight loss drugs will be available to adults 65 and older in Medicare for the first time next month, thanks to a government program that is supposed to be temporary — but it may be difficult to end, STAT explains. By law, Medicare is prohibited from paying for obesity drugs, but the Trump administration is circumventing the law by making the drugs available in a demonstration program. Initially, Medicare hoped to push private Medicare insurers to voluntarily cover the drugs in a three-year program called Balance, which would have started following a short transitional period. But insurers balked, so the government is instead extending the transitional coverage program, called Bridge, until the end of next year.

Novo Nordisk chief executive officer  Mike ​Doustdar said the company plans to seek Chinese regulatory approval ‌for its Wegovy weight loss pill “very soon” as it moves to catch up with Eli Lilly in the world’s second-largest pharmaceutical market, Reuters tells us. The patent for semaglutide, the active ​ingredient in Novo’s blockbusters Wegovy and Ozempic, expired in China in March, though the company ​has regulatory data protection until early next year. Doustdar said he expected competition from generic drugmakers from the second quarter of next year. Novo won early approval in the U.S. and the U.K. for its Wegovy pill and launched ​it in the U.S. ​this year. Lilly ⁠followed quickly, securing U.S. approval in April for its oral drug orforglipron.

Continue to STAT+ to read the full story…

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Good morning. Let’s get straight to the news today.

The need-to-know this morning

  • Moderna said Ester Banque joined the company as chief commercial officer. She was formerly president of U.S. operations for Zoetis. Moderna President Stephen Hoge has also been given an expanded role overseeing several of the company’s drug development programs.

New AI model aims to improve trial enrollment

The biotech Verge Labs today released a new AI model that it says will help determine which patients will respond to treatment better, leading to fewer people dropping out while also increasing the statistical power of a trial.

Continue to STAT+ to read the full story…

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Stocks opened higher Tuesday after the United States and Iran signed a memorandum of understanding to lock in their ceasefire and reopen the Strait of Hormuz, sending oil prices lower and pushing the Dow Jones Industrial Average further into record territory. Investors are also looking ahead to the Federal Reserve, which wraps up its policy meeting this week.

In the opening minutes of trading, the Dow rose about 0.8%, building on Monday’s record close of 51,671. The S&P 500 added 0.1% to hover near 7,560, while the tech-heavy Nasdaq Composite was little changed around 26,690 after Monday’s strong run. The small-cap Russell 2000 climbed 0.7%, moving closer to the 3,000 mark it has been flirting with for days.

The morning’s main event was the signed agreement between Washington and Tehran. Brokered by Pakistan, the deal locks in a halt to the fighting that began in late February, reopens the Strait of Hormuz to oil tankers, and establishes 60 days of talks over Iran’s nuclear program. A formal signing ceremony is planned for Friday in Switzerland. The prospect of Persian Gulf oil flowing freely again has been the single biggest force moving markets this week.

Not every number pointed higher. A government report showed that new home construction unexpectedly tumbled in May. Housing starts fell 15.4% to an annual pace of 1.18 million, the slowest level since May 2020 and well below economists’ expectations. A separate gauge of homebuilder confidence also slipped Monday. High mortgage rates and the prolonged period of elevated energy prices have weighed on builders, a reminder that parts of the economy remain under pressure even as stocks sit at record highs.

Market Movers

Shares of SpaceX jumped about 13% Tuesday morning to roughly $218, adding to their gains from the first full day of trading and pushing the company’s market value above $2 trillion. The company said Tuesday it will acquire Anysphere, the artificial intelligence startup behind the popular Cursor coding tool, for $60 billion in an all-stock deal expected to close in the third quarter.

The stock is now up more than 56% from its $135 offering price last week. Brian Mulberry, chief market strategist at Zacks Investment Management, described the company’s debut as more orderly than he expected, suggesting demand has been steady rather than frenzied.

The day’s laggards were scattered across industries. Chemical maker Huntsman fell about 6%, hotel operator Hilton Worldwide dropped roughly 5%, and chipmaker Qorvo slid nearly 4%. Payments company Fiserv also remained under pressure following recent leadership changes.

Commodities

Oil did the heavy lifting on the downside, which for consumers is welcome news. Brent crude traded around $81 a barrel Tuesday morning, down about $3 from the previous day, while West Texas Intermediate hovered near $80.

Crude has now fallen more than 20% over the past month and sits at a two-month low as traders bet that the reopening of the Strait of Hormuz will bring previously stranded supplies back to the market.

The decline comes with a caveat. Neither side has released the full text of the agreement, and shipping companies are still holding vessels back from the strait until firmer guarantees emerge. That uncertainty has helped keep a floor under prices for now.

Even so, relief is already beginning to reach consumers. GasBuddy analyst Patrick De Haan noted that the national average price of gasoline has started to decline after months of elevated prices at the pump.

The Forward Look

The next two days could set the tone for markets. The Federal Reserve concludes its meeting this week, and investors are looking for clues on how policymakers view an economy facing cooling inflation, a soft housing market, and a sudden drop in energy costs.

Friday’s formal signing ceremony in Switzerland is the other key event. If it proceeds smoothly and oil tankers begin moving freely through the Strait of Hormuz, crude prices could fall further, bringing additional relief to drivers and businesses alike.

For now, Wall Street remains optimistic. The combination of a winding-down war, lower energy costs, and a blockbuster technology deal has stocks hovering near record highs. Whether that momentum continues may depend on the Fed’s message—and whether the fragile peace with Iran develops into a lasting one.

JBizNews Desk

JBizNews Desk / © JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

China is allegedly orchestrating a highly coordinated, “travel agency”-style operation designed to funnel Chinese nationals across U.S. borders, former Department of Homeland Security Secretary Kristi Noem said Tuesday.

Speaking exclusively on FOX Business’ “Mornings with Maria,” the current special envoy for the Shield of the Americas detailed intelligence she said showed how alleged Beijing-backed networks provide undocumented migrants with specialized documents and transit directly to the northern and southern borders.

“We saw very coordinated attacks of people coming into this country from China,” Noem said. “Countries that I have worked with in Latin and South America have told us how they had Chinese operations set up for people to fly into their countries, almost like a travel agency would be.”

EX-WHITE HOUSE ‘AI CZAR’ WARNS U.S. COULD LOSE AI RACE TO CHINA IF WASHINGTON OVERREGULATES

“They would show up, be handed certain documents, a backpack, get on a bus and then bus straight up over our southern border… And overwhelmingly, the testimonies have been that they were the same-aged individuals, young, mainly men, some females, but very much a coordinated attempt to get individuals into our country, to change our country,” she added.

Republicans have warned for years about a record number of Chinese immigrants crossing the border, with reports of more than 22,000 encounters involving Chinese nationals at the southern border since late 2023.

U.S. intelligence and the DEA have also repeatedly said that the vast majority of illicit fentanyl precursor chemicals originate in chemical factories inside China before being shipped to Mexican cartels for processing and trafficking.

“They have facilitated that,” Noem said. “I wouldn’t say, necessarily, we found ties to it officially, right to the government, but absolutely, Chinese businesses, those tied to the CCP, those individuals working with the cartels to make sure that the product gets into the United States.”

“And remember, China has a thousand-year plan to destroy the United States. They don’t just build up their military. They don’t just manipulate their currency, harm us with trade practices,” she said. “They have a plan to kill our country from the inside by killing off our next generation of Americans. They will use every tool that they have.”

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Noem, the former South Dakota congresswoman and governor, was ousted from her top DHS position on March 5. Noem’s tenure marked a distinct reversal of the open-border policies permitted by predecessor Alejandro Mayorkas during the Biden administration, and DHS reported record drug interdictions totaling more than half a million pounds of illegal drugs in her first year.

Under former Secretary Kristi Noem’s leadership, the Department of Homeland Security said in December 2025 that the Trump administration’s immigration crackdown helped spur more than 1.9 million self-deportations and more than 600,000 removals. Supporters hailed the numbers as proof of a record-setting enforcement effort, though independent demographers and fact-checkers disputed the methodology behind the self-deportation estimates.

READ MORE FROM FOX BUSINESS

Fox News’ Adam Shaw, Charles Creitz and Alex Miller contributed to this report.

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Yisrael Beytenu Leader MK Avigdor Liberman warned that the agreement between the US and Iran will cause Tehran to become a nuclear power in a Tuesday interview with 103FM.

“This agreement definitely turns Iran into a nuclear power,” Liberman said.

However, he did not directly complain about the Trump administration’s goal of seeking a deal, saying they are simply acting in their own interests.

“We have different interests. The US president is interested first and foremost in fuel prices. For us, this is a matter of existing or ceasing to exist, and therefore we need to act accordingly,” he said.

“We need to live with this. I have no complaints against the Americans. There are people here who expect the US to act according to Israeli interests, but no. I thank the US for what they have done,” he added.

Avigdor Liberman visits the Kerem Shalom border crossing on Monday, February 9, 2026. (credit: YISRAEL BEYTENU)

Instead, he laid blame on Israeli officials. “For three years, this entire impotent government dealt only with talk and declarations, with their political agenda. For three years, there has been no decisive outcome. They should only complain about themselves,” Liberman stated.

Israel, however, should stand for its own interests even when it may cause confrontation with the US, he continued.

“Of course, they can tell Trump ‘no,'” he said.

He also noted how Prime Minister Benjamin Netanyahu’s trial causes harm to his judgment and credibility.

“I have never seen a press conference where a prime minister speaks for many minutes and does not say a single word of truth – a frightened, alarmed man who tried to save himself. He lied to the entire people of Israel,” Liberman said.

Netanyahu used to know “how to say ‘no’ and stand up to [former president Barack] Obama, and also to [former secretary of state Hillary] Clinton,” and “not to subordinate the entire Israeli people to a private agenda,” he added.

Liberman served as the director-general of the Prime Minister’s Office during the period when Clinton was secretary of state.

The current situation is “simply complete submission” by Netanyahu, he said. “All that interests Netanyahu is canceling his trial and international arrest warrant – nothing else.”

“The tone and language [US President Donald] Trump uses against Israel is unprecedented. Netanyahu has turned us into a banana republic,” he continued.

“Can you imagine Trump speaking in the same language toward Turkey and [President Recep Tayyip] Erdogan?” he added.

Israel will destroy Kharg Island, bomb Bandar Abbas next time Iran attacks, Liberman threatens

Liberman also threatened intensified strikes on Iran during the next wave of intensified conflict.

“We need to make clear to the Americans that there is also a new paradigm – the next time Iran launches missiles at Israel, we will destroy Kharg Island and Bandar Abbas Port,” he said.

A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026.  (credit: 2026 PLANET LABS PBC/Handout via REUTERS)

“This is the [regime’s] bottleneck. Two points that if you destroy them, Iran falls apart. These are two points – we are no longer firing at sand dunes – these are their most sensitive points,” he added.

Liberman: Mossad should move towards a sole mission – topple the Islamic regime

Liberman discussed the significance of the agreement and how he would act following the lessons that Israel must learn.

“First of all, I would give a directive to Mossad. The agency must move to one mission – toppling the [Iranian Islamic] Regime,” he said.

This goal should be at the top of the security establishment’s priority list, he argued.

“If I were prime minister, I would summon the Mossad director and tell him: ‘Don’t deal with anything else anymore, except toppling the Iranian regime,'” he continued.

Illustrative image of a Mossad agent standing in front of Mossad vs Iran concept flags on a wall with a crack. (credit: Canva, DC Studio/Shutterstock, OnePixelStudio/Shutterstock)

“I know that [toppling the regime] was attempted, but it was a weak attempt. This was not systematic, deep work with the required resources, and lacked an orderly work plan,” he said.

IDF needs a Missile Corps, ballistic missiles that could strike anywhere in Iran within 12 minutes, Liberman claims

Liberman also discussed how the IDF should establish a Missile Corps.

“We must reach a completely different paradigm, where our arsenal of ballistic and cruise missiles is at least 20,000 strong,” he said.

“You need to understand the difference between a Missile Corps and Air Force. We have the best pilots in the world, but when the Israel Air Force carries out a strike on Iran, it takes hours – preparing crews, armaments, you need to pass through other countries, coordinate with the US military, aircraft, refuelers, a satellite system, and all sorts of additional steps,” the former defense minister said.

“With a ballistic missile, you press a button, and within 12 minutes at most, it explodes at any point in Iran,” he claimed.

Additionally, Israel needs a stockpile of interceptors and maritime drones, he said.

“The [government] froze the decision I made as defense minister, and now we are paying the price. They also froze my decision to fortify the North – we could have been in a completely different situation,” he added.

Liberman: ‘Entire security establishment knows Hezbollah heading towards force buildup project’

Israel needs to change strategy vis-à-vis Hezbollah and Lebanon, Liberman said.

“In the last 24 hours in southern Lebanon, Hezbollah fired at our soldiers, and here we have returned to that October 7 conception of containment,” he stated.

Hezbollah flag mural provides backdrop for gun-wielding shadows. (credit: SHUTTERSTOCK)

“This is not a mistake – it is simply Netanyahu’s decision to turn Israel and all of us into hostages of his personal and private interests. The entire country is subordinated to this, and it must be stopped,” he added.

“We have the ability to act now. The entire security establishment knows Hezbollah is heading towards a force buildup project. We must prevent this,” he continued.

“Trump moved the embassy to Jerusalem, recognized the Golan Heights, freed [Gaza] hostages – for three years, this impotent, all-talk, government that is full of empty promises dealt only with declarations, and advancing its private agenda ahead of primaries and elections,” he added.

“For three years, there has been no decisive outcome – not against Hamas, not against Hezbollah, not against Iran, and not against the Houthis,” he stated.

Liberman believes opposition will oust Netanyahu at upcoming Knesset elections

Liberman also discussed the upcoming Knesset elections slated for later this year and expressed confidence in the opposition’s ability to oust Netanyahu’s coalition from power.

“There will be a much bigger victory in the elections. There will be a scenario like in Hungary. We will reach a Zionist, statesmanlike coalition, with 63-64 seats,” he said.

“I have a clear order of priorities in these elections. First of all, we will replace the government, and afterward become the prime minister. Without the Arab or haredi (ultra-Orthodox) parties, we will reach at least 63 seats,” he added.

The Knesset has 120 seats.

Liberman also noted that he is holding talks with various opposition figures, including former prime minister Naftali Bennett and former IDF chief of staff Gadi Eisenkot.

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Iran and the US have signed a preliminary deal. However, the actual deal is heading for a “second phase,” the Guardian noted. In fact, most of the reports this week leave a lot of questions about the actual Memorandum that has been signed electronically. In addition, it appears that there are also questions about what the extension of a sixty-day ceasefire will mean.

All these variables appear to be what Iran prefers. Tehran has always preferred slow processes and talk. Tehran believes it benefits from drawing out the process and having more complexity enter the picture. The more complex the deal-making process, the harder it is for the US to walk away. The more variables that exist, the more different points can be discussed in the future. Even if Iran is perceived as violating some part of the process or some variables, Tehran can always point to the fact that it has adhered to other parts of the deal as an example of how it is doing what is expected.

This has been the usual Iranian method of dealmaking. It did this back when it was in talks about the 2015 deal. Iran has always believed that time is on its side. It also knows that it has a number of countries in the region that prefer to see diplomacy over more conflict. As such, Iran knows that Qatar, Turkey, Pakistan, Oman, and other countries will help raise Iran’s case in Washington or in other places. The widespread praise that the potential US-Iran deal has been greeted with around the world is evidence of how the international community prefers talks to conflict.

The agreement that is taking shape with the US is supposed to soon see an end to the blockades of the Strait of Hormuz. This would help set in motion economic growth and increased trade. Once this is accomplished, it will be hard to go back to war because countries will not want more trade chaos in the region. It is for this reason that Iran seeks to draw out the process. Tehran hopes to set in motion a number of shifts in the region that will help cement in place the diplomatic track. Once that has happened, there will be a lot of inertia against a new conflict.

The White House also appears to feel that diplomacy is better than war. It has preferred low-level proportional strikes since the April ceasefire, to a return to war. This is also what Iran prefers. Iran believes that it is better to have small “tit-for-tat” exchanges of fire than have a large conflict.

Iran prefers ‘incidents’ to war

Iran has done this before. It has used proxies in Iraq, Lebanon, and Yemen to spread conflict. It has also directly attacked the Gulf states in the past, such as a large attack on Saudi Arabia’s Abqaiq in 2019, and also attacks on vessels off the coast of the UAE’s Fujairah in the past. Iran prefers “incidents” to war. It then uses these as pressure points for more concessions. Iran is not alone in doing this. For instance, the UK carried out a raid on the Iranian-linked vessel Grace 1 in 2019. Iran then retaliated by sending vessels and choppers to try to stop vessels linked to the UK.

Iran and Israel also appeared to trade tit-for-tat attacks on ships in the past. Much of this conflict occurs in the shadows. Iran has preferred low-level shadow wars while also engaging in talks. It has continued this process since the April ceasefire. 

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Back in February, I wrote about the emerging trend of states embracing their regulatory powers over private listing strategies in the residential space.

Legislative activity continues as Connecticut passed a measure requiring public marketing just a few weeks ago and a similar New York state bill is near the finish line. This comes on the heels of laws passed in Wisconsin and Washington state earlier this year. Hawaii and Illinois still have measures waiting in the wings.

As with anything legal, the devil is in the details. Three distinct approaches are emerging, and the differences matter more than headlines suggest.

The West Coast model: the mandate

Washington state took the most direct approach: residential listings must be publicly marketed unless there is a specific reason not to, grounded in seller safety or privacy. Hawaii’s proposed legislation follows the same path.

This is the cleanest regulatory posture. It does not ask consumers to understand a disclosure and sign it. It simply requires public exposure as the default.

The Northeast model: the legislature writes the warning

Connecticut and New York take the “opt-out” path. Sellers may choose to forgo public marketing, but only after receiving and acknowledging a disclosure of the potential drawbacks. In these states, the legislature spells out the warning in the law itself.

How far they go is where things get into the weeds. Here’s a brief excerpt of Connecticut’s language:

The Seller understands that foregoing public marketing may reduce competition for the property, may result in fewer offers to purchase the Seller’s property and may adversely impact the final sale price and terms of the sale of the Seller’s property.

New York’s corresponding language trends just a bit more forward (as one might expect from New York), and puts the form in the first person, for good measure:

FEWER OFFERS AND POSSIBLE IMPACT ON PRICE AND TIMING.

I understand that reducing the exposure of my property may reduce the number of offers I receive from buyers and tenants, and could negatively impact my ability to sell or lease the property sooner, with better terms and at a higher price.

The Midwest model: let the agency draft the form

Wisconsin and Illinois also follow the “opt-out” model, but don’t dictate the specific language in the law. Instead, they delegate creation of the form to real estate associations and/or oversight agencies, with broad directions to explain the benefits of public marketing and the drawbacks of limiting exposure.

It’s a small but meaningful distinction. Legislative sessions are brief, and laws are not so easy to change. By contrast, an agency-drafted form can be more easily revised, and may be more susceptible to latent advocacy from all quarters.

What’s next?

We likely won’t see more states step into the fray in the immediate future, since most state legislatures have limited sessions. New York’s bill has passed both chambers but still requires final ratification by the Assembly. The legislative sessions in Hawaii and Illinois are complete for the year and do not resume until next January, when the issue will have to be picked up again.

Restrictions become effective in Washington on June 11; in Connecticut on October 1, and in Wisconsin on January 1, 2027.

Will opt-out forms dissuade private listings?

The opt-out regime is attractive because it allows the most flexibility for agents and sellers, relying on the principle of informed consent. It derives its force by requiring the listing agent to tell the client the drawbacks of private listings, not just the marketing pitch. While that may not be a pleasant conversation to have with a client, “warning fatigue” is a real phenomenon.

When sellers decide to list a home and hire an agent, there’s a flurry of paperwork: an agency agreement, various consumer notices, and likely an affiliated business disclosure. One more “the government requires that I tell you this” form might just get buried in the stack of sign-offs that quickly lose meaning.

In the end, opt-out forms may prove to be more of a liability protection for brokerages than an impediment to executing a private listing strategy.

Anthony V. Mannino, Esq. is the CEO of Dual Mind Strategies.

This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners.

To contact the editor responsible for this piece: tracey@hwmedia.com

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XRP (CRYPTO: XRP) surged 13% following the U.S.-Iran peace deal as improving risk sentiment fueled a broad crypto market rally.

XRP Is The Strongest-Performing Major Crypto

Santiment data stated XRP’s notable rebound came after sentiment had fallen to some of its weakest levels of 2026, creating conditions for a rapid recovery once macro fears began to ease.

Data shows wallets holding at least 1 million XRP now control 74.1% of the token’s total supply.

Those large holders accumulated an additional 1.53 billion XRP over the …

Full story available on Benzinga.com

This post was originally published here

For more than half a century, growth in Dallas-Fort Worth has largely moved in one direction: north. Each generation of expansion pushed the metropolitan frontier. Oak Cliff gave way to White Rock, which gave way to Highland Park and University Park, which in turn gave way to Preston Hollow.

Along the Dallas North Tollway, the region accelerated into Far North Dallas. FN Dallas gave way to Plano, which gave way to Frisco, which gave way to Prosper. Prosper is now giving way to Celina. Along the way, billions of dollars in land value were created, corporate campuses emerged, and entire cities transformed from rural outposts into economic powerhouses.

Yet investors and many homebuilders often make a critical mistake. They assume the future will look exactly like the past.

The next great growth story in North Texas may not be found north of Frisco. It may be unfolding south of Fort Worth, along the newest toll road connecting Fort Worth to Cleburne, following a similar pattern.

A comparison of the Dallas North Tollway (DNT) and the Chisholm Trail Parkway (CTP) offers one of the clearest frameworks for understanding where growth is likely to occur over the next two decades. The DNT is a mature infrastructure corridor that has already completed much of its value-creation cycle. The CTP is still in the early stages of a remarkably similar process.

The lesson is simple: infrastructure creates accessibility, which creates rooftops, which drive retail demand, attract employers and ultimately generate the commercial tax base that transforms communities.

The Dallas North Tollway provides the blueprint

Over several decades, the corridor became one of the most successful examples of infrastructure-led development in the United States. Frisco’s rise from roughly 6,000 residents in 1990 to nearly 250,000 today was not accidental.

The tollway created mobility, which attracted residential development. Residential density drew retailers, whose success, in turn, attracted employers. Eventually, destination assets such as Stonebriar Centre, Legacy Business Park, and The Star accelerated the corridor’s commercial maturity and transformed it into one of the most valuable suburban economic engines in America.

The results are staggering. Billions of dollars in taxable value were generated, and hundreds of thousands of jobs were supported. Entire municipalities transformed from bedroom communities into self-sustaining economic centers.

The Chisholm Trail Parkway: following the script?

Since opening in 2014, the CTP has dramatically improved connectivity across southwest Fort Worth, Burleson, Crowley, Cleburne, Keene, Grandview and Johnson County. As expected, residential development arrived first. Communities such as Chisholm Trail Ranch saw strong demand almost immediately. New rooftops spurred demand for grocery stores, restaurants, schools, healthcare facilities and neighborhood retail.

That sequence matters because development rarely occurs randomly. It tends to unfold in predictable waves. The first wave is residential. The second is retail. The third is employment and institutional investment. The fourth is commercial tax-base expansion and the maturation of mixed-use.

The DNT followed that pattern repeatedly. The evidence suggests the CTP is transitioning from Wave Two to Wave Three.

Several developments support that thesis. Amazon‘s major logistics investment near the Tarrant–Johnson County line serves as a meaningful employment anchor. Tarleton State University and UT Arlington‘s expansion in Fort Worth provides a long-term institutional catalyst capable of generating sustained daytime population growth. Large-scale mixed-use projects, entertainment districts, utility expansions and transportation investments are beginning to create the ecosystem needed to enable broader economic diversification.

The Shops at Clearfork offers what the Chisholm Trail Parkway corridor lacked for decades: a true luxury retail destination. Anchored by Louis Vuitton, Tiffany & Co., Burberry, Eiseman Jewels, and Rolex, The Shops at Clearfork showcases the purchasing power of southwest Fort Worth and the affluent communities connected by the Chisholm Trail Parkway, including Aledo, Walsh, Weatherford, Edwards Ranch and expanding portions of Johnson County. 

More than just a shopping center, Clearfork demonstrates that infrastructure can unlock not only residential growth but also high-end commercial investment, making it one of the earliest signs that the Chisholm Trail corridor is evolving into a mature economic engine capable of supporting luxury retail, destination dining, and significant growth in the commercial tax base.

Roads, eds and meds equal beds

The importance of institutional anchors cannot be overstated. Throughout American real estate history, major universities, corporate campuses, sports facilities, and healthcare systems have repeatedly served as force multipliers for surrounding land values. The Dallas Cowboys transformed parts of Frisco. Long-range expansion plans along the CTP could have a similar effect on southwest Fort Worth over the next decade.

But perhaps the strongest argument for southern growth is geography itself. North DFW faces an increasingly obvious challenge: it is running out of runway. The region can continue expanding toward Sherman, Denison and the Red River.

However, the amount of land between the current development frontier and the Oklahoma border is limited. Each passing year brings higher land prices, smaller lot sizes, increased congestion and greater affordability pressures.

The South faces no comparable limitation.

The combination of Chisholm Trail Parkway, Interstate 35W, Interstate 35E, US-67, and Loop 9 provides access to significant development opportunities across Johnson, Ellis, Hill and Navarro counties. These markets offer abundant land inventory, improving infrastructure, growing school districts, expanding utility systems, and significantly lower entry costs than in many northern submarkets.

Perhaps most importantly, capital is already shifting.

Major public and private investments are being committed across the southern corridor. Transportation improvements, utility upgrades, mixed-use districts, entertainment venues, industrial developments, educational facilities and master-planned communities collectively represent billions of dollars in deployed or committed capital.

Investors should pay close attention to this fact. Capital tends to move before headlines fully recognize the opportunity.

The greatest fortunes in real estate are often built before a market reaches mainstream acceptance. Frisco was not obvious in the 1990s. Prosper was not obvious twenty years ago. Celina was not obvious a decade ago. In each case, infrastructure served as an early signal, long before the broader market recognized its significance.

Southern DFW: many of those same signals

Mansfield continues to attract institutional investment and high-quality development. Midlothian is benefiting from infrastructure and school expansions. Burleson is emerging as a logistics and residential hub. Waxahachie continues to experience significant population growth. Cleburne is attracting new mixed-use investment and entertainment-oriented development.

None of these markets needs to become the next Frisco. Collectively, however, they form a development corridor with tremendous growth potential.

The most compelling aspect of the southern growth thesis is not that it replaces the north. The north will continue to perform well. Prosper, Celina, and other northern markets should remain attractive for years. The real opportunity is to identify where the next marginal dollar of infrastructure investment is likely to yield the highest return.

History suggests that value creation occurs when infrastructure is in place before demand becomes apparent. By the time a corridor reaches full maturity, much of the easy appreciation has already taken place.

The Dallas North Tollway demonstrated what happens when infrastructure, population growth, and institutional investment align over several decades. The Chisholm Trail Parkway may now be entering a phase in which those forces begin to compound on a larger scale.

For developers, homebuilders, investors, municipalities and landowners, the implications are significant. The future of North Texas growth will not be defined solely by how far north the metroplex can expand. It will also be determined by how effectively the southern corridor translates infrastructure investment into long-term economic activity.

If the Dallas North Tollway was the defining growth story of the past generation, the Chisholm Trail Parkway may be the defining growth story of the next.

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Home equity investment (HEI) company Hometap has introduced a new pricing structure that it says will lower the cost of accessing home equity and make its products more competitive with traditional borrowing options such as home equity lines of credit and home equity loans.

The Boston-based financial technology company announced Tuesday that it is implementing a two-tier pricing model for its HEI products, which allow homeowners to receive cash in exchange for a share of their home’s future value rather than taking on monthly loan payments.

Under the new structure, homeowners who settle their investment within the first five years will be subject to a 1.65x multiplier on Hometap’s initial investment as a percentage of the home’s value.

Homeowners who settle after five years will be subject to a 1.80x multiplier.

The company said the changes are intended to simplify costs and provide homeowners with greater flexibility when tapping into home equity.

“As rising insurance premiums, property taxes and other homeownership costs continue to place added pressure on monthly household budgets, homeowners need financial solutions that work for them, not against them,” Hometap CEO Jeffrey Glass said in a statement.

Hometap also adjusted its cap on investment costs, setting it at 18.5% compounded monthly. The company said the cap serves as a consumer protection measure by establishing the maximum potential cost of an investment upfront.

Homeowners can continue to settle their investments at any time before the end of the term without prepayment penalties, according to the company.

Hometap President Sarah Dekin said the updated pricing narrows the cost difference between home equity investments and more traditional home equity products.

“With our new pricing, we’ve significantly closed the gap between HEIs and traditional home equity products like HELOCs and home equity loans,” Dekin said. “When you factor in the flexibility of no monthly payments, this becomes a genuinely compelling option for a much broader range of homeowners.”

The pricing changes come as homeowners continue to hold substantial amounts of home equity while facing higher housing-related expenses and elevated interest rates. HEI providers have increasingly positioned their products as alternatives to traditional borrowing, particularly for homeowners who may not qualify for or want additional debt.

But while HEIs and shared-equity products have gained popularity, the sector has faced increased scrutiny over whether consumers fully understand how the products work and the costs involved. Some providers have been accused of using misleading marketing and disclosure practices.

Earlier this year, home equity investment company Unison was named in a class-action lawsuit alleging that its agreements leave homeowners with less equity than expected and that the products were marketed deceptively. Unison has denied wrongdoing.

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Galaxy Digital, NYDIG, and Standard Chartered each published in-depth Bitcoin (CRYPTO: BTC) bottom analysis this week—and reached three completely different conclusions on where the cycle low lands.

Galaxy Says Bottom Is Still Ahead Between $40,000 and $46,000

Galaxy examined 13 historical conditions that have always been present at prior Bitcoin cycle bottoms. 

Only four are fully met, two are partially met, and seven remain unmet.

The most sobering gap is in on-chain fundamentals, where several metrics show aggregate holders are not yet capitulating at the scale seen in 2018 or 2022.

The cycle clock adds weight to Galaxy’s bearish case.

Bitcoin historically bottoms 12 to 13 months after its all-time high, and the current cycle peaked in October 2025, putting the historically consistent bottom window in Q4 2026.

Meanwhile, Galaxy’s base …

Full story available on Benzinga.com

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WASHINGTON — The biggest event on Wall Street this week begins Today, when the Federal Reserve opens the first policy meeting led by new chairman Kevin Warsh. Almost no one expects the central bank to move interest rates when it announces its decision Wednesday. What traders are really waiting for is the new chair’s first signal about where he intends to steer the economy. The CME FedWatch Tool, which tracks market bets, put the odds of no change at about 97% as of Monday, and a Reuters poll found 72 of 102 economists expect rates to stay put through year-end.

The Federal Reserve has held its benchmark rate in a range of 3.50% to 3.75% since December, and two forces are keeping it there. Inflation has climbed to a three-year high, with consumer prices up 4.2% in May from a year earlier, driven largely by energy costs tied to the war in Iran. At the same time, the job market stayed strong, adding 172,000 jobs in May. High inflation argues against cutting; a sturdy labor market means the Fed does not have to. Goldman Sachs recently scrapped its forecast for a rate cut this year and pushed expected cuts into 2027.

“The Kevin Warsh era has begun,” said Phil Camporeale, chief investment strategist at J.P. Morgan Wealth Management. “The Federal Reserve is not expected to move rates in the June meeting, and we believe they will be on hold for the rest of 2026. There will, however, likely be an explicit move away from a bias toward easing to a neutral stance on rates.”

Shari Hensrud, chief investment officer at MissionSquare, framed the dilemma simply: “Strong job growth and high inflation are pulling in opposite directions.”

Warsh takes over at a delicate moment. He was confirmed by the Senate in a 54–45 vote and sworn in on May 22 as the central bank’s 17th chair, with former chair Jerome Powell staying on the board to ease the transition. Because June is a quarterly projection meeting, it will produce a fresh “dot plot” along with updated forecasts and a press conference Wednesday afternoon, the first real read on Warsh’s approach. He has pledged a “reform-oriented” Fed and said he welcomes “messier meetings” with more open debate.

Hanging over it all is a public tug-of-war. President Donald Trump, who nominated Warsh in January, has long wanted lower rates and said again before the meeting that there is “no reason” to raise them. But the bond market has been signaling the opposite, and high inflation makes cuts hard to justify. That leaves Warsh in a bind: sound too tough on inflation and he risks angering the president who appointed him; sound too eager to cut and he risks his credibility with markets.

This week brought a new variable. The weekend deal to reopen the Strait of Hormuz sent oil prices falling on Monday, and if that drop holds, it could cool the very inflation that has frozen the Fed in place. Investors will listen Wednesday for any hint that Warsh sees the same thing.

For ordinary Americans, the Fed’s decisions are not abstract: its benchmark rate ripples through mortgages, car loans and credit cards. Holding steady means borrowing stays expensive — a 30-year mortgage is still hovering around 6.5% — and those waiting for cheaper loans will keep waiting. The rate itself may not move this week, but the words around it from a brand-new chair could shape what borrowers and savers can expect for the rest of the year.

JBizNews Desk
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Senator Lindsey Graham, one of the loudest backers of the war against Iran, said this week that he is not ready to endorse the deal President Donald Trump struck to end it.

Speaking to reporters after Trump announced Monday that the agreement had been signed, Graham said he wanted to read the text himself, warning that “the way Iran describes it is awful” even if Washington’s version sounds reasonable.

That hesitation captures a real shift.

Many of the conservatives who rallied to Trump when the fighting started in late February now worry he gave up too much at the negotiating table, handing Tehran economic relief that could let the regime rebuild while doing too little to box in its nuclear program.

The friction is mostly about money and enforcement.

Reports that the deal would eventually unlock billions of dollars in frozen Iranian funds, and that Gulf states could pour hundreds of billions more into rebuilding Iran, have turned some of Trump’s steadiest allies into skeptics.

To hawks, cash flowing back to Tehran is cash that can be redirected to missiles and proxy fighters once the shooting stops.

A string of Republican senators voiced the same unease this week, and their common complaint was simple: they have not seen the actual document.

Trump said the memorandum was signed electronically over the weekend, but the full text has not been released, with the president saying it would likely be read out Friday.

Senators including John Cornyn, Josh Hawley, John Kennedy, and Chuck Grassley all said they could not judge a deal they had not been allowed to read.

Some of the sharpest critics have been on record for weeks.

Senate Armed Services Committee Chairman Roger Wicker slammed the framework as details leaked last month.

Ted Cruz and conservative commentators such as Hugh Hewitt and Mark Levin have pressed for far stricter terms — no Iranian uranium enrichment, ever, and the removal of Iran’s highly enriched stockpile from the country.

The administration’s answer is that the deal is built to be tested, not trusted.

Officials describe it as performance-based: Iran keeps the benefits only if it holds to its commitments, including no nuclear weapon, surrendering enriched material, and keeping the Strait of Hormuz open.

Vice President JD Vance has framed the promised Gulf investment money as a carrot — leverage to pull Iran toward bigger nuclear concessions in talks still to come.

For all the noise, the hawks have limited power to stop Trump.

As Republican strategist John Ullyot has noted, the Senate has few tools to block a president from winding down an active military operation.

The business backdrop helps explain why Trump is moving to close the war even over his own party’s objections.

The conflict pushed gasoline prices up sharply since late February, squeezing households and businesses alike, and shut a waterway that normally carries a fifth of the world’s oil.

Ending the fighting reopens the Strait of Hormuz, puts Iranian oil back on the market, and points pump prices lower — a tangible economic win heading into a midterm election year.

The frozen-funds issue carries its own economic weight.

The draft reportedly releases roughly $24 billion to Iran over a 60-day negotiating window, with far larger sums tied to a longer-term investment fund.

For markets, the prospect of Iranian crude returning has already pulled oil prices down sharply.

For the deal’s critics, that same money is the problem — relief that arrives before Iran has proven it will keep its word.

The split also signals a deeper realignment inside the Republican coalition between traditional hawks who want maximum pressure on Iran and a growing America First wing wary of open-ended Middle East commitments.

Trump has tried to stand in both camps at once — claiming a tough peace while ending an expensive war — and the deal is testing how long that balance can hold.

What happens next depends on the fine print.

If the text released Friday matches the administration’s confident description, some of the criticism may fade.

If it looks closer to the version Iran is selling, the revolt among Trump’s former cheerleaders is likely to grow louder.

Washington — JBizNews Desk

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After years of raising prices, some of America’s biggest food companies are now cutting them — and the early results suggest it is working. When PepsiCo reported its quarterly results on Thursday, April 16, the maker of Lay’s, Doritos, Cheetos and Tostitos said its struggling North American food business returned to growth, with the amount of product sold up 2% after it lowered prices on popular snacks. “We feel good about where we are at this point in the journey,” chief executive Ramon Laguarta told analysts, adding that the early signs were “quite exciting.”

The price cuts are a direct response to shoppers who have spent the last few years trading down, buying less, or walking away from name brands altogether. PepsiCo first announced the reductions on Lay’s, Doritos, Cheetos and Tostitos at an investor meeting in early February. Laguarta has been blunt about why. “There’s a big reset of affordability because we see the consumer struggling in the U.S. and in many Western countries,” he said, calling affordability the single biggest obstacle for lower- and middle-income shoppers in the snack aisle.

General Mills, the company behind Cheerios, Nature Valley, Pillsbury and Häagen-Dazs, has made the same move. It cut prices on nearly two-thirds of its grocery products in North America, and said the change brought more items into shoppers’ carts. “Cost of living and housing pressures are reshaping spending patterns, and value is a core expectation that is here to stay,” chief executive Jeffrey Harmening said at an industry conference.

The shift has come at a cost to the companies’ bottom lines. In February, General Mills cut its sales and profit forecast for the year, warning that demand was soft and shoppers were resisting high prices. Its shares fell about 7% on the news and were down nearly 19% over the prior 12 months. Lower-income households in particular have been moving to cheaper store brands and private-label goods — the no-name products that sit next to the famous ones on the shelf, often for a dollar or two less.

How did it get to this point? Food prices climbed sharply after the pandemic and never really came back down. Grocery bills are far higher than they were a few years ago, and the steady drip of increases has worn shoppers out. Mondelez chief executive Dirk Van de Put, whose company makes Oreo and Ritz, put it plainly on a recent call: shoppers are “fed up with the price increases,” and confidence is near a historic low.

The strain shows up in unusual places. Some households are now using buy-now-pay-later installment plans just to cover the grocery bill, splitting the cost of food into smaller payments the way they might for a TV or a couch.

Not every company is cutting, and not every product is getting cheaper. Hershey raised prices by double digits to cover the soaring cost of cocoa, and food makers are still nudging up prices on items where their own costs have jumped. The broader picture is a balancing act: lower prices can win back shoppers and lift the number of items sold, but they also shrink the profit on each sale. Companies like PepsiCo and General Mills are betting that selling more at a lower price beats selling less at a higher one.

There is also a competitive threat pushing them. As shoppers hunt for value, discount chains and private-label brands have been taking customers, forcing the big names to fight back on price rather than just on advertising. PepsiCo said it is resetting shelves and rolling out new products, work its leadership expects to largely finish by the middle of the year.

For shoppers, the upshot is real if modest: after a long stretch of sticker shock, a growing list of well-known snacks and groceries is finally getting a little cheaper, as the companies that make them decide that winning customers back may matter more than protecting every cent of profit.

JBizNews Desk
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The artificial-intelligence boom is creating winners far beyond the companies building chatbots. One of the biggest beneficiaries may be Sandisk, whose shares surged again this week after analysts raised price targets and argued that soaring demand for AI infrastructure will keep memory-chip supplies tight and profits flowing.

On Monday, June 8, Bank of America analyst Wamsi Mohan raised his price target on Sandisk to $2,100 from $1,550, maintaining a buy rating. Shortly afterward, Mizuho lifted its own target to $2,200 from $1,825, keeping an outperform rating. Investors responded favorably, sending shares higher on Tuesday, June 9.

To understand why Wall Street is so excited, it helps to understand what Sandisk actually sells. The company is one of the world’s leading producers of NAND flash memory, the storage technology found in smartphones, laptops, data centers, and increasingly the massive servers that power artificial-intelligence systems.

Every AI model requires enormous amounts of data storage. As technology giants race to build new AI infrastructure, demand for memory chips has risen faster than manufacturers can increase production. Analysts believe that imbalance will continue supporting higher prices and stronger profits for companies like Sandisk.

The stock’s performance reflects that optimism. Sandisk shares have gained more than 550% during 2026, making it one of the market’s biggest winners. The rally briefly paused last week when concerns about AI valuations triggered a broader technology selloff, but analysts viewed the decline as a buying opportunity rather than a sign of weakening demand.

Another factor attracting investors is Sandisk’s evolving business model. The company has increasingly signed long-term supply agreements that lock in customer commitments and provide more predictable revenue. Many of those contracts begin with fixed pricing before transitioning to variable pricing structures designed to protect profitability even if market conditions soften.

Analysts say those agreements benefit both sides. Customers gain guaranteed access to critical memory supplies, while Sandisk gains greater visibility into future revenue and production planning.

There is also evidence that the company is better positioned to weather future downturns. In past semiconductor cycles, memory manufacturers often continued producing chips even when prices fell sharply because they needed cash flow. Improved margins and stronger contracts now give Sandisk more flexibility to reduce production if demand weakens.

Industry forecasts suggest NAND memory pricing could remain firm through 2026 and into the first half of 2027, supporting continued profitability across the sector.

For consumers, the story extends beyond Wall Street. The same supply shortages helping Sandisk can also increase costs for smartphones, laptops, solid-state drives, and cloud-computing services. When memory becomes more expensive, some of those costs eventually reach businesses and households.

At the same time, investors should remember that expectations have become extremely high. Stocks that rise more than fivefold in a single year can react sharply to even minor disappointments.

The bottom line: analysts increasingly view Sandisk as one of the clearest beneficiaries of the AI infrastructure boom. As long as demand for data storage continues to outpace supply, the company appears positioned to remain one of the technology sector’s biggest winners.

JBizNews Desk — Technology

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State Comptroller-elect Michael Rabello told the High Court of Justice on Tuesday that there was no legal basis to cancel the Knesset vote in which he was elected, rejecting claims that his selection was tainted by political dependence, conflicts of interest, or the controversy over coalition MKs allegedly documenting their ballots behind the curtain.

Rabello, Prime Minister Benjamin Netanyahu’s personal attorney, was elected on June 3 as Israel’s next state comptroller after a dramatic and disputed Knesset vote. In the first round, retired Supreme Court justice Yosef Elron received 60 votes, and Rabello received 57, leaving both candidates short of the required 61. A second round was then held, during which opposition MKs alleged that coalition lawmakers had been instructed to photograph their ballots despite the legal requirement that the state comptroller be elected by secret vote.

After the vote was restarted, Rabello defeated Elron 61-57.

The result prompted a series of High Court petitions seeking to cancel the election and hold a new vote.

Rabello’s preliminary response, filed through attorney Ofek Bruck, presents two main arguments: that there is no personal disqualification preventing him from serving as state comptroller, and that the voting procedure, even if controversial, was not unlawful in a way that justifies judicial intervention.

“At the outset,” Rabello wrote, he “accepts the role to which he was elected with a deep sense of responsibility and full commitment to all citizens of Israel.” He rejected “any claim of political or other dependence” and any attempt to attribute wrongdoing to his agreement to stand as a candidate and accept “the important role of state audit.”

Rabello argues petitions trying to turn criticism into legal bar

Rabello argued that the petitions were wrongly trying to turn criticism of his professional background into a legal bar to his appointment. The law, he said, gives the discretion to choose the state comptroller to members of Knesset, not to petitioners, and most MKs chose him while his professional background was “open and known” to them.

He emphasized that he had never been a member of any political party, had worked for more than three decades as a professional attorney in the private sector, and had represented a range of clients. He said he left a “comfortable and quiet” private life in order to try to contribute to the state and its citizens.

“It should be presumed that the respondent will act for all citizens of the state in the role of state comptroller to which he was lawfully elected,” the response said, adding that he would act with “integrity, fairness, and backbone.”

Rabello acknowledged that the state comptroller must be independent and free of dependence, but argued that the law already provides safeguards to ensure that independence. The state comptroller is elected by the Knesset rather than appointed by the government, swears allegiance before the Knesset, works in connection with the Knesset State Control Committee, and is subject to strict limits on political activity and outside work during the term.

He also argued that Israeli law does not disqualify people from public office merely because they had prior ties to appointing or auditing bodies. The response noted that eligibility rules for the state comptroller do not even bar political figures or serving MKs from being candidates, provided they leave the Knesset when entering the role. Rabello argued that if such candidates are not automatically disqualified, then there is no basis to disqualify a private attorney who served as one of the prime minister’s lawyers.

Rabello accepted that there may be conflicts of interest in certain matters, but said the proper solution was a standard conflict-of-interest arrangement, not blanket cancellation of his election. Such an arrangement, he said, would be prepared when he enters office, would prevent him from handling specific matters in which he has a direct personal connection, and would be published to the public.

On the vote itself, Rabello said he was not present in the Knesset election process and did not watch all stages of it. His position, he said, relied on the Knesset legal adviser’s account of the events.

Law requires comptroller be elected by secret ballot

According to Rabello, the law requires that the state comptroller be elected by secret ballot, but does not include an explicit ban on an MK voluntarily photographing his or her own ballot. He argued that the secrecy belongs to the voter, and that no petition had pointed to a binding legal source prohibiting a person voting behind a curtain from documenting his own vote.

Rabello’s response cited Knesset Speaker Amir Ohana’s remarks during the vote, after consultation with the Knesset legal adviser, Knesset secretary, coalition chairman, opposition representative, and the ballot committee. Ohana said that if there had been an instruction to photograph ballots, it was “not valid and not legal,” but added that “the secrecy is the voter’s” and that if an MK wanted “to vote and photograph himself,” that was his right.

Ohana then ordered the ballot box emptied and the second round restarted “so that there would be no doubts about integrity.” According to the Knesset protocol cited by Rabello, Yesh Atid MK Merav Ben-Ari, serving as an opposition representative, then said the opposition wanted to proceed with the vote.

He argued that this cross-party understanding, or at least the absence of objection at the time, undercut the petitions’ claim that the procedure was unlawful. He said that to overturn the election, petitioners would need “substantial evidentiary material” showing that MKs were coerced or unlawfully pressured into voting a certain way through an instruction to document their ballots.

The petitions, he argued, lacked that factual basis. He also noted that the Knesset legal adviser had been told by coalition officials that no such instruction had been given to any MK.

Rabello further argued that canceling the result would amount to changing the rules after the vote had already taken place. Election rules, he said, must be “stable, consistent, certain, and clear” before a vote begins, and it would be improper for the court to retroactively impose a new legal rule on actions that were lawful when completed.

Rabello ended by warning that a rerun would create practical and constitutional difficulties because the Knesset’s composition has changed since the vote. He also noted that the legal deadline requiring the state comptroller to be elected before the end of the current comptroller’s term has already passed.

The High Court is expected to hear the petitions against Rabello’s election this week. The petitions also seek interim relief preventing him from pledging allegiance before the Knesset and entering office before the court rules.

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Yum Brands announced on Tuesday that it is selling Pizza Hut to private equity firm LongRange Capital for $2.7 billion.

The transaction would mark a significant shift for one of America’s most recognizable pizza chains and underscores growing consolidation across the restaurant industry as operators navigate slowing consumer demand and higher costs.

Yum said last year it was evaluating strategic alternatives for Pizza Hut, including a potential sale, as the chain worked to reverse a prolonged sales slump.

This is a breaking news story. Please check back for updates.

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Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) have started the week higher as easing geopolitical tensions helped revive risk appetite.

Industry experts argue that recent crypto ETF outflows reflect a maturing market rather than fading interest in digital assets.

A Different ‘Crypto Winter

Speaking on CNBC’s ETF Edge on June 16, CoinDesk Indices President David LaValle noted that the recent selloff and roughly $3 billion in outflows from Bitcoin exchange-traded products have led some investors to question the future of crypto.

However, he argued that ETF flows are behaving similarly to those seen in traditional asset classes. “They are serving both buy-and-hold investors and institutional holders.”

LaValle described the current downturn as a different …

Full story available on Benzinga.com

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NEW YORK — Here is a number that sounds like a typo. A little over a year ago, SanDisk was a newly independent company that almost nobody wanted to own, with its stock trading near $36 per share. By Monday, June 15, 2026, those same shares were changing hands above $2,000, near record highs.

The company underscored the scale of its turnaround on April 30, when Chief Executive David Goeckeler reported quarterly revenue of $5.95 billion, up 251% from a year earlier and nearly double the prior quarter.

That translates into a gain of roughly 5,000% — about 55 times an investor’s money — in less than a year and a half.

To put that into perspective, consider one of the most famous investment success stories of the modern era: Bitcoin.

The cryptocurrency traded near $1,000 at the beginning of 2017 and sits around $65,000 today. That represents a gain of roughly 65-fold, enough to turn many early investors into millionaires. But Bitcoin took nearly nine years to achieve that return.

SanDisk has delivered a comparable gain in roughly 16 months.

The obvious question is: How?

The answer begins with artificial intelligence.

SanDisk was spun off from Western Digital in February 2025, and at the time the outlook appeared challenging. The company specializes in NAND flash memory, the storage technology used in smartphones, laptops, cloud servers and data centers.

The memory industry had just emerged from one of its deepest downturns in more than a decade. Prices were depressed, inventories were elevated and profitability was weak.

Then came the AI infrastructure boom.

Every major artificial intelligence platform requires massive amounts of storage capacity to process, store and retrieve data. As technology companies raced to build AI data centers, demand for enterprise-grade storage surged.

SanDisk found itself in exactly the right place at exactly the right time.

Its enterprise solid-state drives became critical components in next-generation data centers. Demand accelerated faster than manufacturing capacity could expand, creating shortages across the industry.

The result was a dramatic increase in pricing power.

SanDisk generated approximately $3.62 billion in quarterly profit, while gross margins approached 56%, transforming what had recently been a struggling business into one of the most profitable companies in the semiconductor sector.

The company also changed its business model.

Historically, memory manufacturers sold products largely at prevailing market prices, exposing earnings to extreme swings in supply and demand.

SanDisk shifted toward multi-year customer agreements that lock in purchasing commitments and improve visibility into future revenue.

According to the company, it has secured more than $42 billion in contracted commitments, providing a degree of earnings predictability rarely seen in the memory industry.

Wall Street has raced to adjust.

Bank of America recently raised its price target to $2,100.

Mizuho lifted its target to $2,200.

Cantor Fitzgerald established one of the highest targets on Wall Street at $2,900.

Morgan Stanley identified SanDisk and rival Micron Technology as major beneficiaries of what analysts described as a prolonged memory upcycle driven by AI infrastructure spending.

Adding to investor enthusiasm, Nvidia Chief Executive Jensen Huang has repeatedly warned of what he calls a potential “multi-year silicon drought,” suggesting demand for advanced semiconductors and memory could remain elevated for years.

Institutional investors have taken notice.

Earlier this year, billionaire investor David Tepper’s Appaloosa Management disclosed a new position in SanDisk, further boosting confidence among investors.

Still, the extraordinary rise has prompted concerns.

The memory business has historically been one of the most cyclical sectors in technology. Periods of shortage and soaring prices are often followed by oversupply, falling prices and collapsing profits once new manufacturing capacity comes online.

SanDisk itself has experienced multiple boom-and-bust cycles throughout its history.

At current levels, the stock trades at more than 60 times trailing earnings, a valuation that assumes strong growth continues well into the future.

The share price has also moved beyond the average analyst target, suggesting investors are already pricing in outcomes more optimistic than many professional forecasts.

Several research firms have recently identified the stock among the most aggressively valued names in the semiconductor sector.

There is another important distinction between SanDisk and Bitcoin.

Bitcoin’s value is largely determined by what investors are willing to pay for it at any given moment.

SanDisk’s valuation, by contrast, is supported by measurable fundamentals — revenue, profits, customer contracts and cash flow.

But those fundamentals depend heavily on memory pricing, and memory prices have historically been among the most volatile in technology.

That leaves investors with a critical question.

If AI spending continues accelerating and memory shortages persist, SanDisk’s contract-driven business model could produce stronger and more stable profits than previous cycles.

If demand slows or manufacturing capacity expands faster than expected, the industry could once again face oversupply and falling prices.

The stock’s remarkable ascent is already one of the most dramatic stories on Wall Street.

Whether it proves to be a historic transformation or simply another chapter in the memory industry’s long cycle of booms and busts may determine what happens next.

JBizNews Desk
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As the saying goes, one man’s trash is another man’s treasure. Or as Verge Labs might put it, one company’s failed clinical trial … is that same company’s new AI benchmarking dataset.

Over a decade ago, Alice Zhang co-founded Verge Genomics with the idea that by looking at the network of genes causing neurodegenerative diseases like Parkinson’s, ALS, or Alzheimer’s, the company would be able to come up with better drugs. The company did target discovery work, for example, coming up with two targets that Eli Lilly nominated to its internal pipeline in 2024. Verge also had its own pipeline, where it was pursuing an ALS drug — that is, until its Phase 1b trial failed last month.

The company published a postmortem explaining what exactly went wrong with the trial, in which a third of the patients dropped out because they could not tolerate the drug. “While the temptation is strong, when a trial doesn’t meet the anticipated end points, to kind of look away and not talk about it, we think there are a lot of learnings that can come — not just for us, but for the field and for ALS broadly — that’s really important to share. That’s not done very often,” Zhang told STAT in an interview. 

Continue to STAT+ to read the full story…

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SpaceX’s (NASDAQ:SPCX) IPO gave crypto its biggest real-world stress test yet, with Hyperliquid (CRYPTO: HYPE) generating $1.4 billion in SPCX trading volume on listing day.

Perpetual Futures Passed The Test By Predicting Where SpaceX Would Open

Hyperliquid’s SPCX perpetual futures traded within what became the stock’s first-day range for most of the week before the IPO, giving traders a continuous 24-hour read on investor sentiment before Nasdaq opened. 

SpaceX closed its first day at $160.95, valuing the company at $2.2 trillion. The shares jumped another 20% to $192.46 Monday.

“The SpaceX premium was not a forecast,” said D2 Finance portfolio manager Luca Parlamento. “It was exposure that re-priced the second a cash market existed to re-price against. That is what pre-IPO …

Full story available on Benzinga.com

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Amazon is getting out of the business of running its own grocery stores. In a company announcement on January 27, the retailer said it would close all of its Amazon Fresh supermarkets and Amazon Go convenience stores — about 72 locations across the country — and pour its energy instead into grocery delivery and its Whole Foods Market chain. “While we’ve seen encouraging signals in our Amazon-branded physical grocery stores, we haven’t yet created a truly distinctive customer experience with the right economic model needed for large-scale expansion,” the company said.

The closures cover 58 Amazon Fresh stores and 14 Amazon Go shops in states including Washington, California, Illinois, New York, New Jersey and Virginia. Most shut their doors on Sunday, February 1. Stores in California stayed open an extra 45 days to satisfy state labor-notice rules.

It is a quiet end to a noisy experiment. Amazon opened its first Fresh supermarket outside Los Angeles in 2020 and launched the cashier-free Go format in Seattle back in 2018. The Go stores were the showcase for the company’s “Just Walk Out” technology, which uses cameras and sensors to track what shoppers grab so they can leave without stopping at a register. The stores never reached the scale Amazon wanted, and the company will now sell that checkout technology to outside customers instead, such as stadium concession stands.

For the workers, Amazon said it would try to move staff into nearby jobs in its warehouses and delivery network. Employees who do not take a new role are being offered a severance package that includes 90 days of full pay and benefits. The company did not say how many people are affected.

The decision is less a retreat from groceries than a bet on a different way of selling them. Amazon is already the second-largest grocer in the United States, with more than $150 billion in gross grocery sales and over 150 million customers buying food from it each year. Most of that runs through delivery, not store aisles. The company says its same-day delivery of fresh food now reaches more than 2,300 U.S. cities and towns, and that sales of perishable items through the service have grown fortyfold since the start of 2025.

The other half of the plan is Whole Foods, the upscale chain Amazon bought for $13.7 billion in 2017. Amazon says Whole Foods sales are up more than 40% since that deal, with more than 550 stores now open. The company plans to add over 100 more locations in the coming years and to convert some of the shuttered Fresh and Go sites into Whole Foods stores.

Amazon is also leaning on a smaller store idea called Whole Foods Market Daily Shop — a compact, grab-and-go format between 7,000 and 14,000 square feet, roughly a quarter to half the size of a regular Whole Foods. Five are already open in New York, New Jersey and Virginia, and Amazon plans to double that to ten by the end of the year. At the other extreme, the company won approval to build a 230,000-square-foot “supercenter” in Orland Park, Illinois, near Chicago, combining groceries with general merchandise. Slated to open in 2027, it would be Amazon’s biggest physical store yet.

The shift says a lot about where grocery shopping is heading. After years of trying to crack the supermarket business with its own brand, Amazon decided the math did not work — running physical stores is expensive, margins are thin, and shoppers already had plenty of choices. Delivery and a trusted store name turned out to be the stronger hand.

For rival grocers, an Amazon that competes through Whole Foods and delivery rather than hundreds of Amazon-branded stores is a different kind of threat — one built on speed and a premium brand rather than price. For the towns losing a Fresh or Go store, it means an empty storefront and a hunt for new jobs. And for shoppers, it is one more sign that the future of buying groceries is shifting from the checkout line to the front door.

JBizNews Desk
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The Trump administration is considering establishing a $300 billion investment fund for Iran if Tehran adheres to a ceasefire agreement that includes a nuclear deal, according to a Monday Financial Times report. 

The financial incentives would be tied to Iran’s adherence to the memorandum of understanding (MoU) to be signed by Washington and Tehran in Switzerland on Friday, the report said. 

Fund tied to nuclear agreement

The establishment fund would be contingent on a final settlement that includes a 60-day extension of the ceasefire, the reopening of the Strait of Hormuz, and further nuclear negotiations, said the FT, citing a person briefed on the talks.

The fund would be created to attract investment in Iran’s abundant energy resources. “There is interest from a lot of businesses in Europe, a lot in Asia, South Korea, Japan, etc., and American companies and businesses as well,” the person said. “If the sanctions are lifted, this fund would be a significant amount, and it will be huge.”

US Vice President JD Vance told CBS News that the fund would be “the sort of thing [Iran] could have access to . . . so long as they honor their end of the obligation.”

Trump was highly critical of former US President Barack Obama’s signing of a 2015 nuclear accord that provided Tehran with sanctions relief, accusing his administration of sending “pallets of cash,” according to the FT. Critics of the MoU said the funds under discussion would amount to “far more” than those under Obama’s administration, it added. 

Trump allies push back

Alex Bruesewitz, a political consultant and one of Trump’s advisors, clarified that the fund is not an “unconditional handout” but rather a “conditional incentive or, in simpler terms, a ‘carrot’” in a post on X/Twitter on Tuesday.

“The aim [of the fund] would be to create deep economic ties and mutual interdependence that make future conflict far more costly for all sides and demonstrate that choosing peace delivers greater long-term benefits than continuing to back terrorism,” he said. 

“The story that the US is paying Iran 300 million dollars is fake news,” said Trump in a Truth Social post on Tuesday, claiming that the “fake news” was created by the democrats. 

A US senior official told reporters on Monday that “zero” dollars have flowed to Iran, according to the FT report.

Any sanctions relief would be phased and dependent on nuclear talks and the final settlement, it added. 

Trump administration officials have previously said that the US would offer “small gestures” of financial relief in order to build trust throughout negotiations.

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CIA Director John Ratcliffe warned senior American officials that US intelligence agencies had gathered evidence that raises doubts about Iran’s willingness to make concessions regarding its nuclear program, according to an Axios report citing three sources familiar with the matter on Tuesday.

According to Axios, US President Donald Trump was among the officials warned in a series of meetings leading up to Trump’s announcement of a deal between Washington and Tehran.

Trump and his advisors discussed the gathered intelligence, which reportedly shows that internal discussions among Iranian officials regarding the agreement were inconsistent with what Tehran had told the US and mediators, two of the sources told Axios.

US Secretary of State Marco Rubio and US Secretary of Defense Pete Hegseth shared Ratcliffe’s concerns and raised questions about the memorandum of understanding during the meetings. 

Ratcliff and Rubio, according to the sources, said that based on the intelligence, they doubted Iran would agree to the US’s nuclear demands.

One source told Axios that “the intelligence reflects that the Iranian intentions are not in line with their commitments under the deal.”

US Vice President JD Vance and envoys Steve Witkoff and Jared Kushner, on the other hand, reportedly advocated for the deal.

White House official says deal meets all US redlines

One White House official assured that the deal “meets all of the redlines that the administration has long articulated by ensuring that Iran can never possess a nuclear weapon,” when Axios reached out to ask questions regarding the report.

The official stated that Trump listened to all opinions, but noted that “everyone understands he is the final decision-maker” on the matter.

While the full text of the 14-point agreement has not been published yet, a source familiar with the terms told Axios that Iran will get more out of the memorandum than what they give up, unless they sign a nuclear deal that fully meets US demands.

According to the source, the text details that Tehran and Washington will commit to “resolve the disposition of stockpiled enriched material” in addition to discussing future enrichment and “other mutually agreed matters related to Iran’s nuclear needs based on a satisfactory framework being agreed upon in the final deal.”

The source also told Axios that if a final nuclear deal is reached, the US will withdraw all military personnel mobilized during US operations against Iran in the region within 30 days and remove all sanctions against Tehran on an agreed-upon schedule.

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Israeli media figures and commentators turned sharply against Jared Kushner and Steve Witkoff this week, accusing two of US President Donald Trump’s closest Middle East envoys of helping push an Iran deal that many in Israel view as dangerous and incomplete.

The criticism came amid mounting Israeli concern over the emerging US-Iran memorandum of understanding, which critics say prioritizes regional calm and the reopening of the Strait of Hormuz while leaving Iran’s nuclear program, missile program, and support for regional proxies for later negotiations.

Prime Minister Benjamin Netanyahu said Monday that Israel would continue to act to prevent Iran from obtaining nuclear weapons, regardless of the agreement. Israeli officials also told Ynet that Netanyahu had made clear to Trump that Israel did not view itself as bound by the Lebanon clause in the agreement and would keep operating against Hezbollah threats.

But while Netanyahu avoided a direct public attack on Trump’s envoys, some Israeli commentators did not.

Channel 14, a right-wing Israeli television channel often described as Israel’s answer to Newsmax because of its strongly conservative, pro-Netanyahu editorial line and influence among right-wing viewers, carried some of the sharpest criticism.

Channel 14 anchor Tal Meir used her Monday morning program to criticize Kushner and Witkoff, accusing them of turning their backs on Israel “at the moment of truth.”

“They got a little confused in this event,” Meir said, according to Channel 14. “You are part of these people.”

Meir argued that Israel was defending the Jewish people as a whole, including Jews living outside the country.

“We are here, among other things, to defend you too,” she said. “In the end, this is your real home, and we are guarding it for you and for your future generations. And you turn your backs on us like this? Simply losers.”

Kushner and Witkoff painted as sell-outs

The comments reflected a broader emotional tone in parts of the Israeli right, where Kushner and Witkoff are being judged as American negotiators and as Jewish figures with a perceived obligation toward Israel.

Channel 14 also reported that Yinon Magal, host of The Patriots, attacked Kushner and Witkoff on X, writing that Trump had come out of the agreement looking like a “loser.” According to the report, Magal accused the two envoys of acting under Qatari pressure and “selling their brothers in Israel.”

The anger toward Kushner and Witkoff has intensified because the two men had previously been praised in Israel for their role in hostage negotiations and Trump’s broader Middle East policy. Their current role in the Iran track has now made them targets for Israeli frustration over what many see as a rushed diplomatic process that does not meet Jerusalem’s security demands.

Ynet reported that the memorandum appears to fall short of four demands Netanyahu had set out only days earlier: removing Iran’s enriched uranium, dismantling enrichment infrastructure, limiting missile production, and ending support for terrorist proxies. According to the report, those goals are currently “not on the horizon.”

The media believes the US-Iran agreement falls short

The Israeli backlash is also linked to the structure of the agreement itself. Critics argue that the deal addresses the immediate crisis around Hormuz while pushing the hardest questions about Iran’s nuclear and regional military capabilities into a later stage

Channel 14 cited Israeli security officials warning that the agreement was based on a fragile structure, signed in American haste, and left the core of the nuclear threat without a real answer.

For now, the strongest public criticism of Kushner and Witkoff is coming from Israeli right-wing media rather than from official Israeli government statements. But the tone marks a significant shift from the praise the two envoys received in Israel only months ago.

Kushner and Witkoff, once viewed by many Israelis as trusted channels into Trump’s inner circle, are now becoming symbols of what critics describe as Washington’s willingness to prioritize a regional diplomatic win over Israel’s strategic concerns.

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Sen. Rick Scott continued his crusade against Kanye West’s upcoming Tampa concerts with a fiery press conference at the Florida Holocaust Museum on Monday morning.

Joined by Holocaust survivors, Jewish leaders, fellow Sen. Ashley Moody, and former Republican governor turned Democratic St. Petersburg mayoral candidate Charlie Crist, Scott stood behind a lectern bearing the slogan “Don’t. Fund. Antisemitism.” He gestured to the boxcar on his right, which once transported humans to death camps during the Holocaust.

“Many suffocated in boxcars like these before they even made it,” Scott said. “It all started with questions like the one before us today: Are we going to tolerate this?”

Kanye West’s schedule in Florida

West, who now goes by Ye, has Raymond James Stadium concerts scheduled on June 26 and 28, prompting an outcry from the Tampa Jewish Federation and the Florida chapter of the National Organization for Women. Last week, the Florida Holocaust Museum announced it would offer free admission that weekend.

On June 4, Scott wrote a scathing open letter to the Tampa Sports Authority, which operates Raymond James Stadium. He argued that taxpayer money shouldn’t be used to fund events for West, who sold swastika merchandise and posted a song titled “Heil Hitler” last year.

“People say, ‘Oh, it’s just a concert. Oh, the Tampa Bay Sports Authority is going to make some money, let people have their fun,’” he said. “Some of the worst sins in human history begin with the words, ‘I was just’: ‘I was just going to a concert with my friends,’ ‘I was just trying to make money,’ ‘I was just following orders.’ No, you can’t do that. None of us should be let off the hook for hatred and antisemitism.”

In a new statement following Monday’s press conference, the Tampa Sports Authority pushed back against Scott’s claims.

“We condemn antisemitism from any source. However, we also respect free speech rights guaranteed under the US Constitution, even when we disagree with that speech,” it said. “In addition, no taxpayer money is being used for staging the Ye concerts. To suggest otherwise is false.”

Ye has a long history of antisemitism

This spring, Ye published an apology for his antisemitism in the Wall Street Journal, attributing his behavior to his bipolar disorder and brain damage caused by a car accident. Despite this, his behavior prompted European officials to block him from entering the UK, effectively canceling some concerts there.

“Why is it that other countries can tell him no, and we don’t do that? We’ve accepted him,” said Toni Rinde, an 85-year-old Holocaust survivor who traveled from Clearwater to speak at the press conference. “Why? Why is this person being so hateful, trying to destroy people?”

Janet Hammer, a volunteer at the Jewish Federation of Florida’s Gulf Coast, spoke out against the concerts at last week’s Tampa City Council meeting and sent letters to her elected officials.

“There are people who have not been educated to understand what Nazis represent. He is glamorizing hatred,” she said. “We should have a ticket buyback program. Because to me, it’s not just the profit that’s going to be made. It’s how many individuals are going to be hearing this person, and who knows what the messaging is that he’s going to share?”

After the press conference, Hammer said she is still looking for ways to fight back against the concert.

“It’s like a done deal. That’s unacceptable in my eyes,” she said. “I left there asking, ’What more can I do?’”

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Prominent Lebanese Shi’ite cleric Jaafarite Mufti Ahmad Qabalan insisted that following the “Iranian victory” in forming a deal with the United States, Lebanon must “change the government” and form a “strong partnership” with Hezbollah and the Amal Movement, Lebanese media reported on Monday.

While the terms of the Memorandum of Understanding have not yet been published, Iranian media reported that the terms included an immediate release of $12 billion in frozen assets, with a further $12 billion to be released at a later date, the end of Israel’s retaliatory strikes on Hezbollah, and the opening of the Strait of Hormuz.

Israeli experts who spoke with The Jerusalem Post on Monday largely discredited the Iranian reports, arguing the Tehran-funded reports were little more than an unrealistic “wish list.”

“Because the factors that brought the pro-Washington camp to power have ended with this war, the current government must be changed calmly and within national balances,” the Vice President of the Supreme Islamic Shi’ite Council said.

“Aoun must also withdraw from direct negotiations with Israel, which lost the war of the century,” Qabalan added.

Lebanese president increasingly frustrated with Hezbollah

Lebanese President Joseph Aoun has grown increasingly vocal in his frustration with Hezbollah and its backer, Iran, for dragging the country into another war with Israel and continuing to violate the law in March, which attempted to ban Hezbollah’s military and security activities.

Aoun accused the Islamic Republic of using Lebanon “for the sake of your [Iran’s] own interest” in an interview with CNN last week, and there has been mounting pressure for the Lebanese president to withdraw from talks with Israel on a security agreement.

Hezbollah first dragged Lebanon into war on October 8, 2023, a day after its Hamas allies murdered 1200 people during its invasion of southern Israel, and then returned Lebanon to conflict after a brief period of calm in response to the assassination of Iran’s Ayatollah Ali Khamenei.  

The resulting talks between Israel and Lebanon, through Washington, has led many experts to view Hezbollah’s actions over the past three years as a sequence of costly failures, experts previously explained to the Post.

“With the historic Washington–Tehran agreement, we are now facing a Middle East shaped by Iranian conditions,” Qabalan said, adding that the “notion that ‘no one negotiates on behalf of Lebanon’ has collapsed.”

Iran’s goal of exporting Islamic revolution

Speaking to the Post on Tuesday, Lieutenant-Colonel (res.) Dr. Moran Levanoni, a researcher with the Institute for National Security Studies, noted that the Islamic Republic’s goal since the 1979 takeover of Iran has been to export its Islamic revolution, threatening the sovereignty of countries with a Shi’ite minority population.

“The struggle now in Lebanon is between the implementation of its own sovereignty over Lebanon, and Hezbollah trying to build a large influence of Iran in Lebanon,” Levanoni explained. “I think that if the agreement between the United States and Iran is as it is now published in the news, it is a big setback for the pro-sovereignty groups in Lebanon, a big blow for them, and encouragement for deeper and deeper involvement of Iran within Lebanon.”

Levanoni urged that Jerusalem continue pursuing dialogue with Beirut, claiming that only such talks could strengthen Lebanon’s sovereignty, which is in Israel’s best interest, given that the alternative is potentially a new Iran as a neighbor. 

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Culture and Sports Minister Miki Zohar blamed Washington on Tuesday for the Iranian regime’s survival, saying the United States chose against sending troops into Iran to topple the government in Tehran.

“The US decided not to send its soldiers into Iranian territory to topple the current regime,” Zohar told Army Radio. “Had they wanted the regime to fall, it would have fallen.”

At the same time, Zohar praised Israel’s conduct of the war, saying the campaign had been managed “close to perfect” so far.

“Until this moment, the management of the war has been close to perfect,” he said. “We set Iran back by decades; their entire leadership is gone.”

Zohar’s comments came as coalition ministers continued to criticize the emerging US-Iran agreement and stressed that Israel must retain freedom of action even if Washington moves forward with understandings with Tehran.

Ben-Gvir claims Israel not bound by US agreement

National Security Minister Itamar Ben-Gvir said Trump’s agreement “does not bind us,” adding that Israel is a sovereign state and “not a banana republic.” He said Israel should accept nothing less than the dismantling of Hezbollah and should not remain silent in the face of fire toward Israeli territory.

Finance Minister Bezalel Smotrich called the agreement “bad for Israel and the entire free world,” and said Israel would have to continue the campaign against the Iranian regime “by ourselves and in creative ways.” He added that Israel must ensure Iran never obtains nuclear weapons.

Energy Minister Eli Cohen said Israel would feel free to act “anywhere in Lebanon” and also in Iran itself. “With the United States or without the United States, we will act and will not allow Iran to obtain nuclear weapons,” he said.

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“If Israel can’t do the job without killing everyone else, Syria should do the job,” said US President Donald Trump in a bilateral meeting with the Emir of the State of Qatar on Tuesday.

Trump says he considers the Lebanon war a minor one, and an arena in which Syria can take on Hezbollah in partnership with the United States if Israel under Netanyahu cannot be reigned in.

“Israel’s fighting Hezbollah for too long, and too many people are being killed. You don’t have to knock down an apartment house every time you’re looking for somebody because there’s a lot of people in those apartment houses and they’re not all Hezbollah, that I can tell you,” the president said. 

“I suggested to Israel to let Syria take care of Hezbollah, because to be honest with you, I think they’d do a better job of doing it.”

Trump then praised the President of Syria, Ahmed al-Sharaa, saying, “he has pulled that country together very quickly, he’s very capable, and he’s very good for me. He’s protected everything that I’ve asked for.”

‘Without the US there would be no Israel – Bibi has to be more responsible in Lebanon’

When asked if he was frustrated with Netanyahu, he responded, “No, we have a great relationship.”

The president continued, saying, “I didn’t like that he did an attack [over] a very minor little thing with some drones. I saw that attack, I saw where that bomb went. That was a vicious… that was too much. You can do too much also. But we’ve had a very effective relationship.

“Without the United States, there would be no Israel. Without me, there would be no Israel – because no other president was willing to do what I did. I had a great relationship with Bibi, but now Bibi has to be more responsible with respect to Lebanon.”

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Gynecologist Prof. Menachem Elkalay was convicted of multiple offenses of rape by fraud in the Tel Aviv District Court on Tuesday.

Judges ruled in their decision that the crimes were carried out by exploiting the trust placed in him by his patients and by creating a false impression that the sexual assaults were part of a medical examination or treatment. 

In August of 2024, a serious indictment was filed against Elkalay, who previously served as the director of the urogynecology unit at Sheba Medical Center and Tzafon Medical Center.

The indictment followed testimony from more than 35 women in 2021, who alleged that they were sexually assaulted during medical examinations he performed.

He was charged with a series of sexual offenses, including multiple counts of rape by fraud regarding the nature of the act and sodomy by fraud against patients. 

Elkalay exploited patients during medical examinations, treatment

The indictment detailed that between 2013 and 2021, in nine separate cases and in different clinics, Elkalay exploited his position, the trust placed in him, and the physical condition of the complainants while they were being examined.

According to the indictment, during gynecological examinations or medical treatments, he inserted his fingers into the complainants’ vaginas and simultaneously massaged their clitorises, in a manner that appeared to be part of the examination or medical treatment.

According to the verdict, it was determined that the acts were carried out with consent obtained by deception regarding their nature.

During the investigation, 20 complaints were filed against Elkalay with the police. Women who testified to investigators said they were sexually assaulted by him while being examined at his clinic.

After the case came to light, he was initially suspended from Sheba Medical Center, but he continued to see patients in his private practice.

The verdict issued on Tuesday concludes a lengthy criminal proceeding that began following a wave of testimony that emerged about four years ago, centered on claims by patients that the acts performed on them were presented as an integral part of the medical procedure, while, according to the court’s ruling, they constituted sexual offenses carried out fraudulently.

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Iran will connect its electrical grid with Qatar in the near future, Tehran’s Energy Minister Abbas Aliabadi said on Tuesday, according to Islamic Revolutionary Guard Corps-affiliated Tasnim News Agency.

“The connection between Iran and Qatar will begin soon – studies are in the final stage, and we are beginning the implementation phase,” Aliabadi was cited as saying.

Iran is also “studying” the connection of its grid to other Gulf Cooperation Council countries, Aliabadi reportedly said.

This follows a Friday report in The Washington Post, which stated that Qatar offered Iran a “secret deal” before operations Roaring Lion and Epic Fury began on February 28, in exchange for a promise that Iran would not strike Qatar’s energy infrastructure.

The Washington Post cited Middle Eastern and Western officials saying that Qatar was aiming to protect its Ras Laffan gas complex from Iran’s attacks.

However, the site was ultimately hit by an Iranian missile attack in March, causing significant damage to the plant.

Iran’s March strikes on Qatar’s Ras Laffan caused $20 billion lost annual revenue, Doha official says

QatarEnergy CEO and Energy Minister, Saad Sherida al-Kaabi, was cited by Reuters at the time saying that the strikes caused an estimated $20b. in lost annual revenue, after the attacks knocked out 17% of Qatar’s LNG export capacity.

“I never in my wildest dreams would have thought that Qatar would be – Qatar and the region – ⁠in such an attack, especially from a brotherly Muslim country in the month of Ramadan, attacking us in this way,” Kaabi said at the time.

Meanwhile, Qatar reportedly refused to facilitate negotiations between the US and Iran while under fire, but hosted an Iranian delegation in May to discuss the release of frozen funds, according to Agence-France Presse on Monday.

A diplomat told AFP that Qatari negotiators were involved in “17 hours of intensive negotiations” in Tehran ahead of the deal being announced.

During these negotiations, Qatar “played a role trying to secure Gulf interests,” AFP cited International Forum Director Dania Thafer as saying.

Iranian energy minister discusses electricity, water supply concerns over coming summer months

Earlier this week, Aliabadi spoke on the state broadcaster, Islamic Republic of Iran Broadcasting (IRIB), discussing the effects of electricity consumption and water supply across the country over the coming summer months.

He pledged that his ministry would prioritize the supply of electricity to industries with established power plants.

He also commented that Iran, during the war, was producing electricity at over 1,000 locations across the country.

Meanwhile, Qatar is planning to boost its liquified natural gas production once the Strait of Hormuz reopens, according to people familiar with the matter speaking to Bloomberg on Tuesday.

Jerusalem Post Staff and Reuters contributed to this report.

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WASHINGTON — The deal to end the war between the United States and Iran could do more than calm oil markets — it could finally unclog one of the most important arteries in global trade. On Sunday, President Donald Trump announced an agreement to reopen the Strait of Hormuz, the narrow waterway that carries about 20% of the world’s oil supply and a massive volume of global cargo traffic. “Ships of the World, start your engines. Let the oil flow!” Trump wrote. By Monday, attention had shifted from oil prices to another critical question: how quickly shipping costs might fall.

The strait has been largely disrupted since the conflict began on February 28, and the consequences stretched far beyond the Persian Gulf. With vessels avoiding the area, freight rates surged worldwide. According to Peter Sand, chief analyst at freight intelligence platform Xeneta, spot container rates in June were running about 75% higher from China to the U.S. East Coast, 51% higher to Northern Europe, and 45% higher to the Mediterranean compared with pre-conflict levels.

The reason is simple geography. At its narrowest point, the Strait of Hormuz is only 21 miles wide. When the route becomes dangerous, shipping companies have few alternatives. Many vessels were forced to reroute around the southern tip of Africa, adding 10 to 14 days to voyages and significantly increasing fuel consumption.

Insurance costs also soared. Dylan Mortimer, a marine war-risk specialist at broker Marsh, said war-risk premiums climbed dramatically, in some cases adding hundreds of thousands of dollars to the cost of a single voyage. Tanker rates surged as well, especially on routes carrying crude oil from the Gulf region to Asia.

Even with the agreement announced, the disruption remains significant. Roughly 100 container ships remain trapped in the Arabian Gulf, while shipping giant Hapag-Lloyd reported that several vessels are still delayed, including one ship that has spent nearly four weeks in transit.

Industry experts caution that reopening the strait will not immediately restore normal conditions. Tobias Maier, who leads the Middle East and Africa business for DHL Global Forwarding, said customers should expect four to six months before shipping patterns fully normalize. Analysts at Kamco Invest similarly project that elevated freight rates could persist until a backlog equivalent to two to three months of cargo works through the system.

That lag matters because shipping costs eventually influence the price consumers pay for nearly everything. Clothing, electronics, furniture, appliances and automobile parts all become more expensive when transportation costs rise. The Strait of Hormuz disruption did not merely push oil prices higher; it increased the cost of moving goods globally, contributing to inflation pressures already weighing on households.

If shipping rates gradually decline, those savings could eventually reach store shelves. However, economists caution that the process takes time and depends heavily on continued stability in the region.

That remains the biggest risk. Mine-clearing operations are scheduled to begin later this week, and the U.S. naval blockade is being lifted. But shipping companies and insurers remain cautious. Any new incident could quickly reverse recent progress and send costs higher again.

For now, however, the direction appears positive. For nearly four months, a narrow stretch of water exerted outsized influence over global trade, energy prices and consumer costs. If cargo begins moving freely again, the benefits will eventually extend far beyond the Middle East — reaching warehouses, retailers and household budgets around the world.

JBizNews Desk
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Yeros Kasau, 19, received the National Service Excellence Award for her service with Ha’aguda L’hitndavut (The Volunteer Association) in a ceremony held in the presence of President Isaac Herzog at the President’s Residence on Monday, nearly two-and-a-half years after her sister Haymanut Kasau went missing in Safed.

Yeros contributed to the organization and to Israeli society through volunteer work, “despite her family’s unimaginable situation, enduring a nerve-wracking wait for any information regarding the whereabouts of her little sister,” the Volunteer Association said in a press release that marked her as one of the 29 outstanding presidential volunteers of 2026.

The family members met privately with the President, who expressed his support and appreciation for Yeros and her family during the ongoing case.

A Knesset-backed awareness campaign, cash reward of over 850,000 shekels

The Aliyah, Absorption, and Diaspora Affairs Committee, headed by MK Gilad Kariv, convened on Monday to discuss raising awareness about the Haymanut’s disappearance, the Knesset announced in a press statement.

Following the committee’s request, an advertising campaign was launched, with billboards being placed across the country to raise awareness of Haymanut. 

“We will not stop the operations until we find Haymanut,” said Kariv. “We will hold a follow-up discussion here in July.”

Danny Adeno Abba, spokesperson for the Ministry of Immigration and Absorption, said, “The billboard campaign will begin today and will focus mainly on the north of the country in the Safed area… We will also see billboards in other major cities across the country,” adding that “A digital campaign will be implemented” later this month.

The Jewish Agency offered a cash reward of 150,000 shekels, while the family has pledged an additional reward of 850,000 shekels for anyone who provides information leading to Haymanut’s location, who was last seen in a Safed absorption center office almost 850 days ago.

“It’s been two and a half years since my daughter disappeared, but I am very grateful to all the partners who are leading the publicity campaign. There needs to be a combination of all the relevant government bodies and security agencies, including the Shin Bet, in order to succeed and find my daughter. We want to return to the normality of our lives. We’ve run out of words; we just want to see our girl back home,” said Hatmanot’s father, Tesfai Kasau.

Israeli Police investigating links to Ethiopia, unsatisfactory progress

Israeli Police are considering possible links in the investigation to Ethiopia, according to a report by Reshet 13.

MK Kariv asked the legal advisor of the International Investigations Unit under Lahav 433, Chief Inspector Sarit Elisha Al-Ami, to reclassify the case from “missing person” status to “abduction,” to which Al-Ami responded that “the classification of the case has no impact on the operations being carried out,” a consideration which the father, Tesfaye, rejected. 

Tesfaye threatened to sue the Ministry of Aliyah and Integration, claiming “you are doing nothing,” Reshet 13 reported.

In response to the police announcing a “development in the investigation,” Haymanut’s family released a statement denying any real progress and stating that they had heard of no such progress from the police; instead, they learned of the allegedly fabricated progress only through the media.

“This is a cynical and outrageous exploitation of the family’s pain. It is astonishing to discover time and again that the police operate with creativity and efficiency when dealing with the media, but when faced with a lead in the disappearance of a 9-year-old girl, they hit a total dead end. If there is a real development, why is the family hearing about it from the media?”

“This conduct proves definitively that Israeli police have thrown up their hands and are managing a media damage-control battle instead of a real investigation. We demand an immediate end to these PR stunts,” the family said.

“The only way to achieve a breakthrough is the immediate establishment of a joint Special Investigative Team (SIT) that includes Shin Bet elements. Only a combination of the technological and intelligence capabilities of the Israel Security Agency (Shin Bet) can solve this mystery and bring Haymanut home,” the statement concluded.

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One of the biggest names on the Las Vegas Strip is changing hands. On Thursday, May 28, Fertitta Entertainment announced it had reached a deal to buy Caesars Entertainment in an all-cash transaction valued at about $17.6 billion, in what would be the largest casino takeover in U.S. history. The buyer is billionaire Tilman Fertitta, the Houston restaurant-and-casino mogul who already owns the Golden Nugget casinos, the Landry’s restaurant empire and the NBA’s Houston Rockets.

Under the agreement, Caesars shareholders will receive $31.00 in cash for each share they own. That is a 49% premium over where the stock traded on February 25, the last day before rumors of a deal began to swirl. The price tag includes roughly $5.7 billion in equity and the assumption of about $11.9 billion of Caesars’ existing debt. The Caesars board approved the deal unanimously and is urging shareholders to vote yes, calling the offer “compelling.”

Tilman Fertitta is one of the more colorful figures in American business. He built Landry’s from a single seafood restaurant into one of the country’s largest hospitality and dining companies, owns the Golden Nugget casino brand, and currently serves as the U.S. ambassador to Italy and San Marino. Buying Caesars dramatically expands his empire: the combined company would run about 60 resorts worldwide, including the eight Caesars properties along the Strip such as Caesars Palace, the Flamingo and The Linq.

Day-to-day, much would stay the same. Caesars chief executive Tom Reeg, chief financial officer Bret Yunker and president and operating chief Anthony Carano are all expected to keep their jobs. The Carano family, which holds roughly 5% of Caesars, agreed to roll part of its stake into the new, combined business rather than cash out.

The purchase is not contingent on financing, which signals confidence the money is in place. Fertitta Entertainment is paying with a mix of its own equity, the assumed Caesars debt, and new debt arranged by a group of 10 banks. Morgan Stanley and Goldman Sachs are advising Fertitta, while PJT Partners is advising Caesars. Once the deal closes, Caesars stock will stop trading on the Nasdaq and the company will go private — meaning ordinary investors will no longer be able to buy a piece of it.

The agreement includes what is known as a “go-shop” period running through about July 11, during which Caesars and its advisers are free to look for a better offer. If another bidder emerges with a higher price, the board can consider it. Such windows rarely produce a competing deal, but they let the board show shareholders it sought the best possible terms.

The timing reflects where the casino business sits right now. The biggest operators carry heavy debt loads from years of building and buying, and taking a company private gives new owners room to reshape it away from the quarter-to-quarter pressure of the stock market. For Fertitta, owning both Golden Nugget and Caesars creates a hospitality giant spanning Las Vegas, Atlantic City, regional casinos and a large online betting operation, since Caesars also runs a sports-betting, online-casino and poker platform.

For the tens of thousands of people who work at Caesars properties, a buyout like this usually brings a close look at costs, even as the buyer promises a smooth transition. For customers, the company says the merger will mean a wider range of destinations and rewards across more resorts. And for the gambling industry, the deal is a marker of how much money is still flowing into Las Vegas and regional gaming — a single owner is willing to spend $17.6 billion betting that Americans will keep coming to the tables.

The deal still needs approval from Caesars shareholders and from gaming and antitrust regulators, a process that can take many months. If it clears, the house that grew into one of the Strip’s defining brands will belong to one of the most aggressive dealmakers in American hospitality.

JBizNews Desk
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Recent data show that U.S. factory activity expanded for the fifth consecutive month in May, as President Donald Trump has made revitalizing the manufacturing industry a priority since the start of his second term.
Trade policy adviser Alex Krutz recently said that “there is real investment coming here.”
The expansion has coincided with a marked shift in investment priorities under the Trump administration, various reports show.
Manufacturing Activity
A June 1 report from the Institute for Supply Management shows that the Manufacturing Purchasing Managers’ Index (PMI) rose to 54 in May from 52.7 in both April and March, exceeding forecasts of 53. The reading marked the strongest upswing in the manufacturing sector since May 2022 and the fifth consecutive month of expansion. …

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The Federal Reserve is expected to hold rates steady following its monetary policy meeting this week amid the rise in inflation, while newly minted Chairman Kevin Warsh is set to hold his first post-meeting press conference.

Inflation was already elevated before the Iran war jolted energy prices higher, which has in turn contributed to key inflation measures moving further away from the Fed’s 2% target. The consumer price index (CPI) rose to 4.2% in May, which was the highest level since April 2023.

That inflationary trend has prompted the market to effectively rule out an interest rate cut at this week’s meeting of the Federal Open Market Committee (FOMC), the Fed panel responsible for monetary policy decisions.

Warsh’s debut at the FOMC’s post-announcement press conference will be watched closely for signs of how policymakers view the path ahead for the economy and monetary policy, with the outlook for possible interest rate cuts this year appearing dim.

INFLATION IS SQUEEZING AMERICAN CONSUMERS AND THE FED’S LATEST REPORT SHOWS IT’S GETTING WORSE

The CME FedWatch tool shows a 98.4% probability that the Fed will leave the benchmark federal funds rate unchanged at its current target range of 3.5% to 3.75% this week. It also shows a 42.7% chance that rates remain at that level through the December meeting, narrowly ahead of a 25-basis-point cut at that time.

“While Warsh is generally perceived as dovish, he will inherit a Committee that has become noticeably more hawkish,” said EY-Parthenon chief economist Gregory Daco. “Several policymakers have recently argued that rate hikes should remain an option if inflation remains above target, and concerns around energy-driven inflation pressures have only reinforced that bias.”

JPMorgan economists led by Michael Feroli wrote that they think that given the inflation backdrop and the labor market looking stronger, the FOMC “should drop the easing bias from the post-meeting statement, replacing it with either a neutral sentence or no forward guidance at all.”

AMERICANS GROW MORE PESSIMISTIC ABOUT FINANCES AS RENT AND FOOD COST FEARS SURGE, FED SAYS

Fed watchers will also be on the lookout for signals about possible institutional changes at the central bank in terms of its communications and projections.

Daco said that the summary of economic projections (SEP or “dot plot”) released by the Fed are likely to garner more attention than usual, given that “Warsh has repeatedly expressed skepticism toward the usefulness of economic forecasts and the dot plot of median rate expectations.”

“While we still expect the SEP and dot plot to be published in June, we would not be surprised if Warsh declined to submit his own projections. Such a decision would be largely symbolic, but it would reinforce his broader view that policymakers should place less emphasis on forecasts and more emphasis on incoming economic data,” Daco added.

KEVIN WARSH SWORN IN AS FEDERAL RESERVE CHAIR

Goldman Sachs economists led by Jan Hatzius and David Mericle noted the questions around whether the SEP would continue to be published and said that they don’t expect major changes in the near-term.

“The FOMC just had a lengthy review of its communication practices last year in its framework review and was unable to agree on any changes,” they wrote.

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The JPMorgan economists said that while Warsh has promised “regime change” at the Fed and is likely to face questions about that, he has also “always been somewhat vague about what that would entail, and at this early stage we expect he will say he has initiated a review but will avoid giving specifics.”

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Popular digital artist Mike Winkelmann, better known as Beeple, portrayed Elon Musk as a massive cyborg figure late Monday following his historic achievement as the world’s first trillionaire.

Musk Shows As Undisputed Tech Tzar

Beeple posted an artwork on X, titled “1.3 TRILLION,” celebrating Musk hitting a record net worth of $1.3 trillion after Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) IPO drove a sharp valuation surge.

The artwork showed Musk towering over a futuristic city with cheering crowds below. Inside the cyborg’s glowing chest chamber are portraits of rival tech figures, including Microsoft founder Bill Gates, Amazon founder and Executive Chair Jeff Bezos and Meta Platforms CEO Mark Zuckerberg, implying Musk’s complete dominance over rival tech figures.

Musk topped the Forbes list, followed by Bezos in fourth place and Zuckerberg in …

Full story available on Benzinga.com

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MK Dudi Amsalem was discharged from the hospital on Tuesday after suffering a heart attack on Saturday, according to his spokesperson.

His office stated that he was in “good condition” as he returned home to continue recovering from the medical incident.

According to his office, he was treated at Shaare Zedek Medical Center in Jerusalem.

Amsalem thanked his medical team after being discharged and expressed gratitude for all who had inquired about his well-being. “I feel great, I returned to work, and I wish us all only health and good news,” he stated.

This is a developing story.

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Iran and the US will start a new round of negotiations on Friday in Switzerland to reach a final agreement after the official start of an interim agreement, Iran’s foreign minister said on Tuesday.

Araqchi also warned that any Israeli attack on Lebanon or continued presence on Lebanese territory from now on constituted a violation of the interim agreement with the United States.

“In our view, the two parties to this memorandum are the US and Israel on one side, and Iran and Hezbollah on the other,” he said.

Iran’s Deputy Foreign Minister Takht-Ravanchi says nuclear issues will be discussed in the next phase of talks, including enrichment, stockpiling, and Iran’s nuclear needs, according to Iran’s Student News Network.

Two other issues that Trump and Israeli Prime Minister Benjamin Netanyahu used to justify the war – ending Iran’s support for regional armed proxies and curbing its missile program – are not thought to be on the agenda for these negotiations. 

The deal is the most significant step yet to resolve the conflict, which has killed at least 7,000 people, mostly in Iran and Lebanon, and upended global energy markets.

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Israeli satellites photographed Iran a jaw-dropping over 50,000 times during the around 40-day Operation Roaring Lion, The Jerusalem Post has learned.

This statistic would mean that Israeli satellites were taking well over 1,000 photos per day of the Islamic Republic during the war.

It also dwarfs the around 12,000 satellite photos that Israel took of Iran during the June 2025 war, according to the Defense Ministry.

Even those 12,000 photos captured tens of millions of square kilometers of Iranian territory through both day and night.

This means that Israel likely captured more than a hundred million square kilometers, if not hundreds of millions, during the recent war.

50,000 satellite images, 18,000 bombs, 4,000 targets

On April 9, the IDF revealed many of its other final statistics to date from the Iran war, including dropping 18,000 bombs.

That number over 38 days represents around five times the number of bombs that the IDF dropped on Iran over 12 days during the June 2025 war.

These bombs were dropped as part of 1,000 waves of aircraft, with those aircraft flying 8,5000 separate sorties.

During those sorties, there were around 10,800 attacks, which focused on around 4,000 different targets, which collectively had around 6,700 different components to them.

For example, one target might be an entire base with several different buildings or threat items to strike.

The pace of the bombing, as massive as it was, mostly dropped on a steady basis starting from mid-March.
 
In the early days of the war, both Israel and the US were dropping around 1,000 bombs or striking around 1,000 targets daily.

On April 6, the US CENTCOM said that it had struck over 13,000 targets within Iran.

However, the size of Israeli and American targets is not entirely comparable.

At different times, both Israel and American officials have claimed that they bombed more targets than the other party, while always making sure to lavish praise on the counterpart air force.

For most of the war, the parties also divided up the country by region, with Israel mostly attacking in western, northern, and central Iran, including Tehran, and the US focused more on southern Iran as well as the various waterways.

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Israel’s largest rehabilitation hospital will be built in Sde Rov, North Tel Aviv, thanks to a NIS 200 million donation anchored by the Judisman Family Charitable Foundation, according to an announcement on Monday. 

The Judisman Rehabilitation Hospital is set to open in 2032 and is one of the most ambitious social infrastructure projects in Tel Aviv’s history, with a total funding of NIS 1.1 billion. The facility, in partnership with the Tel Aviv Foundation and the Reuth Association, will include approximately 540 beds to serve 10,000 patients annually.

According to the Health Ministry‘s 2023 equity report, Israel averages 1.7 rehabilitation beds per 1,000 residents, with demand only intensifying since Oct. 7. This project aims to improve this situation and Israeli healthcare in general. 

“The establishment of the new Jusidman Rehabilitation Hospital is another significant step toward strengthening Israel’s rehabilitation healthcare system,” said Ron Huldai, mayor of Tel Aviv-Yafo and chairman of the Tel Aviv Foundation. “Tel Aviv-Yafo, a leading city in public health, is mobilizing to address rehabilitation needs, which have become increasingly urgent for wounded soldiers, trauma victims, and others seeking a real opportunity to return to an independent and fulfilling life.”

New hospital will include innovative facilities

Once construction is complete, the Reuth Rehabilitation Hospital in Yad Eliyahu will relocate to this new campus, which will feature expanded innovative facilities, including stroke and traumatic brain injury recovery, a hydrotherapy pool, a research hub, and green spaces for patients and their families.

“In its 50th year, the Tel Aviv Foundation has chosen to place hope at the center of its work,” said Dr. Hila Oren, CEO of the Tel Aviv Foundation. “The generous donation from the Jusidman Family Charitable Foundation demonstrates how strategic philanthropy, led by the Tel Aviv Foundation, can turn an urban vision into a reality that changes lives and strengthens the resilience of Tel Aviv-Yafo and the State of Israel.”

The new hospital will also offer a PTSD clinic for IDF veterans to address the supply and demand gap for rehabilitation services in Israel. 

The remaining funding for this project will come from municipal, governmental, and private sources, the foundation’s statement explained. 

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Somewhere over Gaza right now, a drone is making a decision. Not a soldier. Not a commander hunched over a screen in a bunker. The drone. That moment, replicated thousands of times a day across active conflict zones, is the clearest signal we have that warfare has entered a new era. The technology driving it has a name most people haven’t heard yet: physical AI.

Physical AI isn’t chatbots or recommendation algorithms. It’s intelligence embedded in machines that move, perceive, and act in the real world. Autonomous drones. Ground robots navigating urban terrain. Naval systems conducting persistent surveillance without crews. The output isn’t a report or a prediction. It’s motion, force, and presence. That distinction is what makes it a national security issue, not just a technology story.

Israel already has the proof of concept

Israel didn’t stumble into this. The IDF has been one of the world’s most demanding operational test environments for autonomous systems for years. Elbit’s Hermes drones have flown in contested airspace for over a decade. Rafael’s autonomous weapon stations guard Israel’s borders. Iron Dome’s targeting logic, operating under real engagement timelines with zero margin for error, is an early form of physical AI that has already saved Israeli lives.

These aren’t demonstration projects sitting in a lab waiting for a defense ministry tender. They’ve been used. Tested under fire. Iterated in real conditions.

What that history creates is something money can’t easily replicate: a generation of Israeli engineers who’ve built systems that had to work when it mattered. 

Unit 8200 and the broader intelligence community have produced AI and sensing talent that understands operational constraints most engineers in the world have never encountered. When those people leave the military and start companies, they carry that experience with them.

That pipeline is one of Israel’s most underappreciated strategic assets.

Ukraine changed the calculus for everyone

The war in Ukraine has been a live proving ground for physical AI at scale. Ukraine’s use of FPV drones, coordinated by AI-assisted targeting, demonstrated that autonomous systems can be battlefield-decisive even when deployed asymmetrically by a smaller, outgunned force. The lesson landed hard in every serious defense ministry.

Russia adapted. Iran-supplied Shahed drones pushed autonomous loitering munitions into mainstream military doctrine overnight. The question being asked in Tel Aviv, Washington, and Beijing isn’t whether autonomous systems matter. It’s how fast you can field them, how many, and how reliably.

Israel’s October 7 experience added another layer. While the failure wasn’t technology, the aftermath has driven an urgent rethinking of border sensing, autonomous alert systems, and the human-machine teaming required to respond faster than any purely manual system allows.

The American bet

The United States is moving with unusual urgency. The Pentagon’s Replicator initiative is explicit: thousands of autonomous platforms, attritable and expendable, deployed at scale. Not a future program. Funded and in production.

Companies like Anduril and Shield AI are building the integrating software that makes autonomous systems operationally viable. DARPA has been laying the scientific foundation for autonomous ground vehicles and collaborative combat aircraft for years. The money following these companies reflects a consensus that physical AI is where the next decade of military advantage gets decided.

For Israel, the US trajectory matters for two reasons. First, interoperability. Israeli systems need to work alongside American platforms in any serious conflict scenario. Second, competition. American companies are moving fast into markets where Israeli firms have historically had an edge.

What Israel needs to get right

The hardware exists. The talent exists. What’s still underdeveloped is the software stack that makes physical AI scalable and reliable: autonomy software that functions in GPS-denied environments, simulation platforms for testing before deployment, and sensor fusion systems that work in degraded conditions.

That’s where the next layer of Israeli defense-tech companies needs to emerge. Not more drones; smarter drones; systems that can operate in communications blackouts, make sound decisions at the edge, and be validated to the standards that both the IDF and NATO partners will require.

The countries that solve reliable autonomous systems first will have a military advantage that traditional defense spending can’t easily offset. Israel has the operational history, the engineering talent, and the threat environment to be a genuine leader here.

The window to build that position is open. It won’t stay open indefinitely.

The writer is a founding partner at Aurelius Capital, a defense-led dual-use technology fund investing in Israeli founders across cybersecurity, autonomous systems, drones, and communications.

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Last Friday, SpaceX rang the opening bell at the Nasdaq and became a public company valued at approximately $1.75 trillion, the largest stock-market debut in history. Within days, the stock climbed past $2 trillion. Twenty years ago, the same company was a struggling startup that had never put anything into orbit and was running out of money.

The bridge between those two facts is a story Washington should study closely because it may be one of the best investments American taxpayers have ever made.

That bridge was a relatively small government bet.

In 2006, NASA launched a program called Commercial Orbital Transportation Services (COTS) and awarded SpaceX approximately $396 million to help develop a rocket and spacecraft capable of carrying cargo to the International Space Station. SpaceX contributed more than $450 million of its own capital alongside the government funding.

For the entire program, NASA spent roughly $800 million and ended up with two independent American cargo transportation systems.

By federal standards, that was a bargain.

The key was not the amount of money. It was the structure.

NASA did not hire a traditional contractor and pay cost overruns indefinitely. It acted as a customer. The agency defined the mission and allowed private companies to determine how to achieve it.

That freedom changed everything.

NASA’s own cost analyses estimated that developing the Falcon 9 through traditional government procurement would have cost approximately $1.4 billion. SpaceX accomplished the task for roughly $440 million, reducing development costs by nearly 70%.

When NASA later expanded the partnership to include astronaut transportation, the agency estimated that the commercial approach saved between $20 billion and $30 billion compared with building and operating a government-run system.

The savings extended far beyond development costs.

A single Space Shuttle mission cost approximately $1.6 billion, or about $54,500 per kilogram delivered to orbit.

A Falcon 9 launch costs roughly $67 million, translating to approximately $2,720 per kilogram.

That represents a reduction of about 95% in the cost of reaching space.

The reason is simple: reusability.

SpaceX developed the ability to land and reuse orbital-class rockets, transforming what had traditionally been disposable hardware into reusable transportation systems.

The result was not merely lower costs.

It fundamentally changed the economics of space.

For years after the retirement of the Space Shuttle, the United States paid Russia between $80 million and $90 million per astronaut seat aboard Soyuz spacecraft.

SpaceX’s Crew Dragon ended that dependence and returned human spaceflight capability to American soil.

The payoff continues to grow.

SpaceX generated approximately $18.7 billion in revenue last year, driven largely by Starlink, the satellite internet network now serving rural communities, airlines, ships, military operations, and disaster-response missions around the world.

Its launch business has made the United States the dominant force in orbital transportation.

Meanwhile, analysts at Citigroup project that the global space economy could reach $1 trillion annually by 2040, up from roughly $370 billion in 2020. Lower launch costs, driven largely by SpaceX, are widely viewed as the primary catalyst behind that expansion.

The economic value created is not theoretical.

It includes a multi-trillion-dollar company, thousands of high-paying jobs, national security capabilities, global communications infrastructure, and an entirely new generation of commercial space businesses that would likely not exist at their current scale without dramatically cheaper access to orbit.

There is also a fair debate about how much credit belongs to government and how much belongs to the private sector. Critics correctly note that SpaceX benefited from NASA contracts, federal partnerships, and government funding at a crucial stage of its development. Without that support, the company might never have survived its early years. Supporters counter that government did not build the rockets, develop reusable launch technology, or take the entrepreneurial risks that made the company successful. Both arguments contain truth.

The more useful question is not whether government was involved, but whether taxpayers received value for what they invested. In the case of SpaceX, the answer appears to be yes. A relatively modest federal commitment helped produce dramatically lower launch costs, billions in savings for NASA, renewed American independence in human spaceflight, and a company that has become one of the most valuable enterprises in the world. Taxpayers did not simply spend money; they helped create an industry that now generates economic activity, jobs, innovation, and strategic advantages for the United States.

That does not mean every government-backed project will succeed, nor does it mean every subsidy is wise. Many fail. But the SpaceX example demonstrates what can happen when government sets a clear objective, creates accountability, and allows private innovators the freedom to solve the problem. The lesson is not that government should do more or less. The lesson is that government should do better.

There is a lesson here that goes well beyond rockets, and it should become part of Washington’s thinking. Government does not have to do everything itself, and often it should not. A targeted public investment aimed at unleashing private-sector innovation can accomplish far more and cost far less than a government program attempting to build and operate everything on its own.

The SpaceX story is not an argument against government.

It is an argument for smarter government.

One that sets ambitious goals, supports innovation, demands results, and trusts Americans to build.

If Washington wants more SpaceX-sized successes, the blueprint already exists.

It starts with backing American ingenuity and then getting out of the way.

JBizNews Desk

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A decade since its founding, the International Human Cell Atlas Consortium is hosting a high-profile meeting in Boston this week, with panels featuring more than two dozen prominent academics and biotech industry leaders, including Genentech’s Aviv Regev, David Altshuler of Vertex Pharmaceuticals, and Eric Lander from the Broad Institute. The event, which is expected to draw hundreds of scientists from across the globe, comes at an inflection point in the HCA’s ambitious aim to build a comprehensive reference map of all the different types of cells that make up a human body. 

Later this year, the HCA expects to deliver a first draft — the completion of single-cell atlases across all of the major organs and tissues — that promise to boost researchers’ understanding of how the body works. So far the HCA has focused on building a reference of healthy cells and the genes they express. In its next phase, it plans to tackle disease, and that means amassing knowledge about where particular cells are located, who their neighbors are, and who they’re communicating with — a rapidly emerging field known as spatial biology.

It’s embarking on this expansion when the field is awash in new technology options from companies like Vizgen, Bruker, Illumina, Takara Bio, Bio-Techne, and 10x Genomics, a Bay Area company whose single-cell RNA sequencing technology was the workhorse of the HCA’s first phase. Scientists who want to join this effort will be faced with decisions about which commercially available solutions to use. 

Continue to STAT+ to read the full story…

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The Trump administration has taken important steps to strengthen America’s national health security by preserving the Administration for Strategic Preparedness and Response, known as ASPR, within the Department of Health and Human Services and recently nominating a new assistant secretary to guide the agency.

Congress should now build on that momentum by swiftly confirming the administration’s nominee and reauthorizing the law that provides ASPR’s authorities, the Pandemic and All-Hazards Preparedness Act.

Read the rest…

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For years, my family noticed my father making small mistakes. We did what most families do: We explained it away. The stress of his schedule, we said — he was working constantly, under real pressure.

But when he came to meet my second daughter the week after she was born, I could no longer explain it away. As he entered the gate to our yard, he looked down at our small dog — an animal who had been a fixture in my home for years, a face he should have known well — and his expression went uncertain. Then he asked if I had gotten a new dog.

Read the rest…

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Anthony Pompliano, CEO of Professional Capital Management, framed Peter Schiff’s admission on Monday that Bitcoin (CRYPTO: BTC) “isn’t going to zero” as a win.

Schiff Vs Pompliano

The two individuals with diametrically opposite views on Bitcoin faced off in a debate moderated by Fox Business.

At a point in the debate, Pompliano challenged Schiff to make a bet on whether Bitcoin would still be around in a decade.

“That’s an easy bet. If you think it’s going to go away, let’s make a little bet,” Pompliano told Schff.

“Well, I can’t. It’s not going to go to zero. Maybe,” Schiff responded.

Full story available on Benzinga.com

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As America’s population ages, a growing number of homeowners are entering retirement with substantial housing wealth and new questions about how to use it. For mortgage professionals, that shift is creating opportunities to have broader conversations about housing wealth, cash flow and long-term financial planning.

For years, reverse mortgages were often misunderstood as products reserved for borrowers facing financial hardship. Today’s reverse borrower looks very different. Many are financially stable, equity-rich homeowners who are seeking greater flexibility in retirement, whether that means preserving investment portfolios, eliminating monthly mortgage payments or accessing liquidity for future needs.

One of the most persistent misconceptions is that homeowners give up ownership of their property when obtaining a reverse mortgage. In reality, borrowers retain title to their home, much like they would with a traditional mortgage. Another common misconception is that reverse lending serves only a niche audience. With the 62-plus demographic continuing to grow, many mortgage originators are finding that reverse mortgage lending serves a significant, underserved market segment.

The evolution of reverse mortgage products is also expanding potential use cases. Reverse second liens, for example, allow eligible homeowners to access a portion of their equity without replacing an existing low-rate first mortgage. This option has become increasingly relevant as many homeowners remain reluctant to refinance loans taken out during historically low-rate periods.

For originators, reverse lending offers an opportunity to diversify beyond traditional purchase and refinance transactions. Existing client CRM databases may already contain borrowers who are eligible for reverse products and seeking guidance on retirement planning, creating new opportunities for long-term relationships and referral-driven business growth.

Click Here

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I launched a condo conversion community recently. Units priced between $90,000 and $140,000. Sold six in the first week.

Five of the six were seller-financed.

Not because the buyers preferred it. Because conventional lenders couldn’t touch them. FHA couldn’t touch them. These were people with real income, real savings and no path to a mortgage.

That ratio stopped me. One out of six qualified through traditional channels. The other five had the money but not the paper trail. And without us standing on the other side of that transaction, every one of them would still be renting.

The housing affordability conversation focuses on price. Price matters. But financing is the barrier nobody talks about, and it’s locking out the exact buyers who need homeownership most.

The buyers the system can’t see

A lot of first-time buyers don’t have traditional credit profiles. No W-2s. No tax returns. Not because they don’t earn. Because they run cash businesses, work in trades, operate in the real economy where income doesn’t show up on paper the way a bank wants it to.

These aren’t fringe cases. In the communities we operate in, they’re the majority. Five out of six. That’s not an anomaly. That’s the market telling you something about who gets left out and why.

Conventional lending was designed for salaried employees with employer-verified income and a credit file that goes back years. FHA expanded the pool, but it still requires documentation that most of these buyers can’t produce. The system works for the people it was built for. It doesn’t work for the rest.

What seller financing actually looks like

We partnered with a national mortgage company for conventional and FHA loans. That covers the buyers who fit the standard mold. But for the ones who don’t, we built a seller financing product from scratch.

No traditional credit requirements. The buyer puts money down, signs a note and starts building equity from day one. The terms are structured so they’re not just occupants. They’re owners. They accumulate equity on a schedule, and the payments are calibrated to what they can actually afford based on real income, not reported income.

This is how you put people on the ladder. You structure the note so the buyer wins if they stay, builds credit while they’re in it and ends up in a position to refinance into a conventional mortgage down the road if they want to. Seller financing is just a much-needed bridge.

The key is underwriting to reality instead of underwriting to paperwork. You look at the person, the income, the payment history on rent and the down payment they’ve saved. The information is there. The traditional system just doesn’t know how to read it.

The bigger picture

Homeownership is how most Americans build wealth. Not stocks. Not crypto. The house they live in.

When you price an entire generation out of that, you’re not just creating a housing problem. You’re creating a wealth gap that compounds for decades. And the financing system is doing half the pricing-out. A buyer who can afford a $90,000 home but can’t produce a W-2 is functionally locked out of the wealth-building mechanism that built the middle class.

We’re converting existing apartments into condos in secondary markets. The units are priced at one to two times annual household income. We haven’t seen that kind of access point since the 1950s. The product exists. The demand exists. What’s been missing is financing that reflects how these buyers actually earn.

Every secondary market with aging apartment stock and a priced-out buyer pool is sitting on the same opportunity. The conversion model is replicable. The seller financing model is replicable. Anyone reading this can build the same thing in their market.

Who will fill the gap?

The industry talks about expanding access. About meeting buyers where they are. About closing the homeownership gap. And yet the majority of potential entry-level buyers are not even considered.

The buyers in our community couldn’t get a conventional mortgage. They had the income. They had the savings. They had the down payment. The system said no.

We said yes, and structured a product that lets them build equity from day one without requiring documentation they’ll never have.

There’s a gap in entry-level financing. It will be filled. The only question is, who will be the ones to fill it?

Alan Stalcup is a Texas-based real estate executive best known as the CEO and founder of GVA Real Estate Group
This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners. To contact the editor responsible for this piece: zeb@hwmedia.com.

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A pro-Israel pastor who inveighs against “sharia law” and wants Jews to accept Jesus is the favored candidate in a crowded congressional primary in Oklahoma on Tuesday.

Jackson Lahmeyer, the founder of Pastors for Trump and a political activist from the Tulsa area, secured the president’s endorsement ahead of Tuesday’s primary for the state’s solidly Republican 1st District House seat. Other big GOP endorsements soon followed, including House Speaker Mike Johnson and House Majority Leader Steve Scalise, helping to pull Lahmeyer away from the other nine candidates vying for the nomination.

Much of Lahmeyer’s national profile has been defined by his regular invocations of “sharia law,” traditional Muslim doctrine often used as a right-wing shock tactic. One of his campaign platforms is “Ensuring That Sharia Law Never Takes Root In Our Nation.”

On Sunday, Lahmeyer also responded to allegations published by the Daily Mail that he had cheated on his wife, writing in a post on X that “this matter was already dealt with privately between me and my wife, Kendra, through counsel and prayer with God and spiritual advisors.”

Oklahoma’s 1st Congressional District is home to a thriving Jewish community, one that has recently urged Jews from Canada to take up residence, as well as multiple large Jewish organizations, including Schusterman Family Philanthropies.

Lahmeyer preaches about a Jewish Antichrist

Multiple representatives of the Jewish Federation of Tulsa declined to comment on Lahmeyer’s candidacy. But it’s clear that if elected, he will bring to Congress some specific ideas about Jews.

“The Antichrist will be a political leader of Jewish descent,” he told a livestream of his church on Oct. 8, 2024, a day after the one-year anniversary of Hamas’ attack on Israel. “That is how the Jews will worship him.”

During his sermon, Lahmeyer based the claim on his reading of biblical prophecy, arguing that the Antichrist will “speak great blasphemy” and will “have no regard for the gods of his fathers.”

Lahmeyer’s preaching about the Jewish Antichrist has also sparked concern among some Jewish voters.

“Jackson, I am appalled at this post. I’m Jewish. I supported you[r] run for office at every turn. I have children and grandchildren. Antisemitism is at an all-time high. I’m scared for them. This is abhorrent,” one X user wrote in response to a February 2023 post on X by Lahmeyer claiming the Antichrist will be “Jewish” and a “homosexual.”

Lahmeyer pushed back on the response, replying to the user that “This is not anti-Semitic AT ALL. The Christ is Jewish. Scripture indicates that the Antichrist will also be Jewish.”

Despite those apocalyptic beliefs, Lahmeyer has repeatedly framed support for Israel as a key tenet of his faith, reflecting a Christian Zionist worldview that sees Jewish return to Israel as a fulfillment of biblical prophecy.

“I stand with the Jewish people because God almighty stands with the Jewish people,” Lahmeyer said in an Oct. 9, 2025 post dismissing claims he had been paid by the Israeli government to post pro-Israel content. “So those of you who are out there saying I’m getting $7,000 a post, I wish that were true, but you’re an idiot and you’re wrong.”

Matthew Taylor, a scholar at the Institute for Islamic, Christian, and Jewish Studies, told the Jewish Telegraphic Agency that Lahmeyer’s statements about Jews and Israel reflect a typical strain of Christian Zionism.

“He’s pro-Israel in this very particular sense of he has a strong attachment to a theological conception of Israel,” Taylor said. “When it comes to questions about the Antichrist and whether the Antichrist is Jewish or not, that’s all pretty standard speculation within modern evangelicalism.”

Trump gives Lahmeyer the thumbs up

Those views, once largely confined to Lahmeyer’s reach as a storefront pastor, have followed him into a larger political arena as he has transformed from a fringe activist into a political contender with presidential backing.

“It is my Great Honor to endorse MAGA Warrior, Jackson Lahmeyer, who is running to represent the fantastic people of Oklahoma’s 1st Congressional District, and has been with me from the very beginning of our Movement to, MAKE AMERICA GREAT AGAIN!,” Trump wrote in a post on Truth Social Monday, reaffirming his endorsement of Lahmeyer.

Trump praised Lahmeyer’s role in founding “Pastors for Trump,” which he launched in 2022 to organize evangelical pastors around getting Trump reelected. The same year, Lahmeyer lost his Republican primary bid to unseat Oklahoma Sen. James Lankford, whom he called a “coward” for not backing Trump’s attempts to overturn the 2020 presidential election.

Lahmeyer, who did not return a Jewish Telegraphic Agency request for an interview, is a member of the White House Faith Office and Trump’s National Faith Advisory Board.

He has been cultivating relationships with the Trumps for years. In addition to backing the president’s election claims, Lahmeyer has hosted the president’s sons, Eric and Donald Jr., as well as FBI Director Kash Patel at his church and on podcast episodes.

Many conservatives are now leaning anti-Israel, Lahmeyer disapproves

Lahmeyer’s rise coincides with a growing movement of conservative Christians and right-wing influencers who have been increasingly critical of Israel and the US-Israel alliance.

During an event marking the second anniversary of Oct. 7 titled “The Case for Israel,” Lahmeyer addressed the growing prominence of anti-Israel figures on the Christian right, including Tucker Carlson and Candace Owens.

“Both Candace Owens and Tucker Carlson, they’re Roman Catholics, so to them the church has replaced the Jewish people, the state of Israel, and that is why they can make these claims,” Lahmeyer said.

But Lahmeyer has stopped short of condemning Carlson’s rhetoric, despite criticism from Trump and evangelical members of his administration, including US Ambassador to Israel Mike Huckabee.

“Some very influential leaders, all of whom I like, Tucker Carlson, Candace Owens, Marjorie Taylor Greene, have taken a very controversial stance in regards to the nation of Israel,” Lahmeyer told NPR in November.

Taylor said the fallout over Israel within the MAGA coalition between Christian antisemites, such as Carlson and Owens, and Christian philosemites, such as Huckabee, placed Lahmeyer in a precarious position as he seeks office.

White evangelicals show widespread support for Israel, with 72% reporting a positive opinion of the Jewish state according to an April 2025 poll by the Pew Research Center, but among Republicans under 50, positive sentiments about Israel have dropped in recent years, falling from 63% reporting a positive view in 2022 to 48% in 2025.

“A lot of young evangelicals are moving away from Zionism, and becoming less sympathetic with the state of Israel, both theologically and just in terms of world events, and the war in Gaza,” Taylor said. “So I think it’s a very complicated place that he’s in, trying to kind of run as a politician in this moment where MAGA is fracturing over some of the things he could be very publicly identified with.”

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Archaeologists working in a 14th-century monastery in Barcelona have analyzed the remains of 25 individuals buried in eight different graves, including the tomb of the medieval Queen Elisenda de Montcada. 

Elisenda’s tomb was opened as part of a project conducted by the Royal Monastery of Santa Maria Pedralbes to learn more about her life and the living conditions of women in the 14th century, according to a late May statement from the Culture Institute of Barcelona. 

Elisenda married King James II of Aragon and Valencia (in what is now modern eastern Spain) at the age of 30, a month after the death of his third wife. During James’ absence between 1324 and 1327, she served as regent of Aragon, and after his death in 1327, she lived adjacent to the monastery for the remaining 37 years of her life.

The work, which includes genetic analyses, dating, and material studies, began in 2024 and will continue until May 2027 as part of the monastery’s 700th anniversary celebrations.

Analysis of Elisenda’s tomb confirmed that the remains buried within the medieval wooden box belonged to the queen. 

Elisenda’s remains, aged at 70-years-old, were found to have been buried in what is now traces of austere clothing, believed to be similar to a monastic habit.

Additional fabrics, including a fragment made of tinsel and silk, were discovered alongside the remains.

Majority of remains identified as adult women

Out of the other 14th-century graves that were unearthed, the statement explained, analysis of the remains found within has led to the revision of historical attribution to the tombs. 

In the grave attributed to the Aragonese knight Artau de Foces, archaeologists discovered the remains of two women and three children – but none belonging to a man. 

Similarly, the remains of at least nine individuals from different time periods were discovered within the tomb of Francesca Saportella, the monastery’s second abbess and Elisanda’s niece.

A majority of the 25 individuals identified were adult women, some of a more advanced age than that expected for women living in medieval times. Several children and adolescents were also buried in the eight graves.

Researchers also identified the presence of osteoarticular pathologies, indicative of either metabolic diseases or traumatic injuries, which may provide insight into the living conditions and health status of the high-status female community in the 14th century.

According to the ministry’s statement, researchers are also conducting DNA analysis of bone and dental samples taken from the individuals in an attempt to confirm their identities, determine their original places of burial, and discover if any have living kin.

Additionally, the exhumation of the remains allowed the researchers a glimpse into little-known funerary practices belonging to the medieval monastery. 

Burials in textile bundles and burial sacks have been identified alongside traces of ritualistic elements, such as candles and cords, as well as evidence of reorganization and reburial over time.

Over 200 traces of floral and aromatic offerings commonly associated with funeral rites, medicinal, and symbolic usage were also found within the eight graves.

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Former prime minister Naftali Bennett heavily criticized Prime Minister Benjamin Netanyahu’s conduct of the war with Iran on Tuesday on the “Hazman Hazeh” program on Kan News, saying that the Prime Minister’s interests have affected Israel’s standing on the world stage.

“The current government is no longer capable of advancing Israel,” Bennett said. “He is saying something terrible. He says that as long as he is the prime minister, Iran will not have a nuclear weapon. In other words, the second he is no longer prime minister, Israel will be destroyed.”

He emphasized that October 7 happened under Netanyahu’s watch, before calling Netanyahu’s statements an example of “anti-leadership.”

“A good parent raises their children so they won’t be dependent on them,” Bennett said. “And a good leader builds a nation that won’t be dependent on [himself]…”

“We can do things differently. The current government is no longer capable of advancing Israel in any dimension, but with a different leadership, it is possible. The moment you are not enslaved to countless personal interests, and you are free to act, you can achieve very, very great things,” he added.

Bennett: ‘I’ll do whatever it takes… I am the only one who can defeat him’

Asked whether he would have succeeded as prime minister in resisting US pressure over the Iranian ceasefire agreement, Bennet stressed that he would have done everything differently and wouldn’t have gotten into the situation in the first place. 

Regarding the US-Iran ceasefire deal and the nuclear issue, Bennett said, “Iran’s nuclear program has not been dismantled.”

On elections, Bennett said he would do “whatever it takes” to defeat his rival, Netanyahu.

According to him, it will require a right-wing candidate to replace Netanyahu because Israel itself has moved to the right.

Using the example of Hungary, where Victor Orban was only defeated after a right-wing candidate challenged him after 16 years of failed challenges by the center and left, Bennett said, “I am the only one who can defeat him. I know how to stare Netanyahu down and defeat him. I’ve done it before, and I know how to do it again.”

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Billionaire investor Mark Cuban took a “memecoin” swipe at Brian Armstrong on Monday, in response to Coinbase Global Inc. (NASDAQ:COIN) CEO’s call to revisit accredited investor rules in the U.S.

Armstrong Bats For Retail Investors Amid IPO Wave

Armstrong said on X that current rules unfairly restrict “retail investors” from early-stage private deals, forcing them to wait until IPOs, when much of the upside has already been captured.

“These rules were created with the best of intentions, to protect regular people from scams – a noble idea,” he added. “Unfortunately, in practice, they’ve often made it illegal to get richer, unless you’re already rich.”

His remarks follow the blockbuster stock market debut of Space Exploration Technologies Corp. (NASDAQ:SPCX), which operated as a private company for over 24 years.

Artificial intelligence giants OpenAI and Anthropic are also on track to go public, having filed confidential paperwork for their respective IPOs earlier this month. OpenAI has remained a private company since 2015, while Anthropic has been privately held since 2021.

Cuban Jabs …

Full story available on Benzinga.com

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In 2018, as former US president Barack Obama struck a deal with Iran to constrain its nuclear production, American Jewish groups were divided: Those on the right excoriated the deal, saying it left Iran a major threat to Israel, while those on the left were more supportive.

This time around, as US President Donald Trump has announced a new deal with Iran after months of war that the United States fought jointly with Israel, American Jewish groups are more unified: They aren’t happy.

On the right and the left, Jewish groups are expressing concerns about the deal that Trump and Iran announced on Sunday night, even as its terms have not yet officially come into focus.

Trump has emphasized that the deal reopens the Strait of Hormuz, which Iran closed after the war began on Febuary 28.  US Vice President JD Vance also told ABC’s “Good Morning America” that the deal would include significant sanctions relief in exchange for Iran’s agreement that it would give up its nuclear weapons program.

But it’s not clear what concessions Iran has made on the nuclear front, while there are no indications other issues key to Israeli security, including Tehran’s ballistic missile program and proxy network, have been addressed. Though Israel and the US undertook the war jointly in February, Israel was not a party to the negotiations and has come under repeated criticism from Trump for jeopardizing talks with Iran.

‘An admission of defeat by the US’

“At worst, it’s an admission of defeat by the United States,” said Halie Soifer, CEO of the Jewish Democratic Council of America, in a statement on Monday about the deal. The group was founded in 2017 as a successor to the National Jewish Democratic Council, which supported the Obama-era deal, called the JCPOA.

Soifer added, “Donald Trump was so desperate to get a deal with Iran that he was unabashedly willing to push Israel aside, demonstrating – yet again – that Trump has no loyalty or commitment to anyone other than himself.”

The right-wing Zionist Organization of America, meanwhile, expressed gratitude to Trump for taking on Iran but reacted to the deal as it had to the JCPOA, with great concern.

“We call on the administration to disclose the terms as soon as possible,” President Morton Klein said in a statement. “However, the little that we know is deeply problematic.”

Klein’s statement outlined a host of qualms based on reporting about the deal’s possible conditions, including about signs that Trump had agreed to a deal that omitted terms that Trump previously said repeatedly were essential for a US agreement.

“It makes no sense for the US to immediately give up its pressure on the Iranian regime – the blockade that was strangulating Iran economically – without obtaining immediate removal of Iran’s nuclear stockpile, decommissioning of Iran’s nuclear facilities, and destruction of Iran’s deadly missile stockpile,” Klein said.

The progressive group J Street opposed the war from the start and said it welcomed its conclusion. 

“At the same time,” it said in a statement, “it is important to acknowledge a basic reality: This costly and illegal war achieved none of the sweeping objectives that were repeatedly invoked to justify it. … The tragedy is that diplomacy had already produced a workable framework. The JCPOA was effectively constraining Iran’s nuclear program until President Trump chose to abandon it.”

AIPAC, the pro-Israel lobby that was one of the strongest opponents of the JCPOA, has not issued a statement about the new deal. But it retweeted a comment from Florida Republican Sen. Rick Scott listing a set of objectives that it’s not clear the agreement achieves.

“Any deal we make with Iran needs to permanently end their nuclear program, end their missile program, and stop their decades-long terror funding,” Scott said.

Some concerned Iran’s view on agreement differs from US

Scott’s fellow Republican senator, Lindsey Graham of South Carolina, was among those on both sides of the aisle expressing qualms. “I am somewhat concerned that Iran’s view of the agreement seems different than what the American negotiating team is claiming,” Graham tweeted on Sunday, saying that he thought it was “imperative” that Vance present the terms of the deal to Congress for approval.

Vance said on Monday that the deal had been “digitally” signed already despite “technical things” that still needed to be worked out ahead of a ceremony planned for Switzerland on Friday. Speaking to US media, he said he believed the terms were being mischaracterized and that the deal would result in an Iran without nuclear ambitions.

“If the Iranians are willing to give a long-term commitment, along with proper verification, to giving up that nuclear weapon, we’re willing to welcome them into the world economy to lift some sanctions and to turn over a new leaf in that relationship,” Vance said on “Good Morning America.”

Some Jewish groups have been more circumspect in their initial responses.

The Republican Jewish Coalition has not issued a statement on the deal, though it has retweeted Trump’s social media posts promoting it. The coalition did not immediately respond to a request for comment on Monday.

The Democratic Majority for Israel, meanwhile, urged Trump in a statement from its president, Brian Romick, to “bring in serious and experienced negotiators and technical experts to get this deal over the finish line, rather than relying on friends, family, and donors.” Romick also criticized Trump for cutting Israel out of negotiations – but he left some room for optimism.

“We continue to stand with the Israeli people who have been at war for more than two years, the people of Iran who have endured too many decades under a brutal regime and bravely demanded an end to oppression, as well as the Lebanese people who have lived under Hezbollah’s Iran-backed occupation for decades,” Romick said. “We will await the final text of this deal and hopefully bring this war to an end.”

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Iran twice came from behind to draw 2-2 with New Zealand in an exciting World Cup clash at Los Angeles Stadium on Monday, as protests against Tehran’s government and a tentative agreement to end the US-Iran war formed a charged backdrop to the match.

New Zealand took an early lead when Elijah Just volleyed home from inside the box after being set up by Chris Wood.

The goal was celebrated by some fans critical of the Iranian government, many of whom carried Iran’s pre-revolutionary Lion and Sun flag. Some also booed Iran’s national anthem before kickoff.

But most of the crowd of more than 70,000 appeared firmly behind Team Melli, chanting “Ir-ran! Ir-ran!” and erupting when Ramin Rezaeian equalized shortly after the half-hour mark.

Rezaeian, one of several Iranian players who had not played club football since February after the domestic league was suspended amid US and Israeli airstrikes, reacted quickest to a shot blocked by a defender and poked the ball past the advancing goalkeeper.

Intense battle ends in 2-2 stalemate

Wood and Just combined again early in the second half, the New Zealand captain sliding a precise pass into the 26-year-old forward’s path before Just hammered home to restore the All Whites’ lead.

Iran responded 10 minutes later with a super goal from Mohammad Mohebbi, who headed Rezaeian’s perfect cross in off the far post to make it 2-2.

Iran created better chances leading up to the final whistle, but were unable to find a winner as the sun set over Southern California.

The stalemate means all the teams in Group G have one point after Belgium drew 1-1 with Egypt earlier on Monday.

New Zealand, making their third appearance at the finals, remain without a win at a World Cup after seven matches. Iran is looking to reach the knockout round for the first time.

“We’re disappointed to not win,” New Zealand coach Darren Bazeley said.

“When you’re leading twice in a game, you come away with that what if. We were probably as close as we’ve ever been to winning a game at the World Cup, and we couldn’t quite do that today.

“But we’re in the World Cup, we didn’t lose, we stayed in the game, scored goals and created chances, so it was a really strong performance I’m really proud of.”

Protestors call out Iranian government

The match laid bare divisions among Iranian American fans, many of whom said they felt torn between pride at seeing Iran on the sport’s biggest stage, anger over Tehran’s crackdown on protesters, and concern over Washington’s bombing campaign.

Los Angeles is home to the world’s largest Iranian diaspora, and before kickoff, about 300 to 500 protesters gathered outside the stadium, waving anti-government signs and flags.

Some Iranian Americans said attending the match would imply support for Iran’s government, while others said they wanted to set politics aside and support the players.

Iran, which moved their base camp from Tucson, Arizona, to Tijuana, Mexico, where they have been warmly received, will return to Los Angeles to face Belgium on Sunday, while New Zealand takes on Egypt in Vancouver.

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Iran, Hezbollah, and Hamas have all been significantly weakened since October 7, former strategic affairs minister Ron Dermer said Monday at United Hatzalah’s Annual New York Gala in Lower Manhattan, according to a Hebrew summary of his remarks.

Speaking at the Monday event, where he was honored with United Hatzalah’s Hero of Israel Award, Dermer addressed concerns over a possible Iran arrangement, the Hezbollah threat in Lebanon, US-Israel ties, and the Gaza hostage negotiations.

Dermer said that while he had heard “many fears and concerns” about a possible agreement with Iran, Israel should “take a step back” and assess the current strategic picture.

“Two and a half years ago, Iran posed an existential threat to Israel,” Dermer said. “Three years later, Iran’s nuclear capability has been destroyed.”

He said Iran’s remaining leverage was its enriched material, located in two deeply buried sites, while its ballistic capabilities had been set back by years. That, he said, gives Israel time to strengthen its defenses.

Dermer added that the current discussions should not be described as a nuclear deal, but rather as an effort to ease economic pressure internationally and, to some extent, on Iran.

“Within two or three weeks, we will know whether the Iranians are prepared to give up their nuclear program,” he said. “I doubt that will happen.”

Hezbollah no longer the force it was in 2023, Dermer says

Turning to Lebanon, Dermer said Hezbollah is no longer the force it was on October 7, though he warned that the organization still retains military capabilities.

“Hezbollah is maybe 25% of what it was before,” he said.

Dermer said defeating Hezbollah outright would require a force twice the size of the IDF, but stressed that Israel would not allow a terrorist organization to threaten its borders.

Prime Minister Benjamin Netanyahu has made clear that Israel will have to act to prevent Hezbollah from rebuilding, Dermer said, adding that the Trump administration understands Israel’s position.

Dermer said the Middle East needs a power capable of projecting force, and that Israel is that power.

Israel a better ally for US than France, Britain

Responding to criticism from Tucker Carlson and others who argue that Israel acts against US interests, Dermer called the claim “absurd.”

“Israel is a better ally than France and Britain,” he said, adding that Israel is a major cyber power despite its small population.

Dermer said alliances ultimately rest on interests, not only values. Israel, he said, is important to American national security and national welfare.

On the Gaza hostage negotiations, Dermer said ministers had to balance the duty to bring hostages home with responsibility for the security of 10 million Israelis.

He said Hamas wanted negotiations to drag on for years, but that Israel’s decision to send forces into Gaza City was critical in securing the final phase of hostage releases, alongside diplomatic pressure from the Trump administration.

Dermer said Israel and the US had reached an unprecedented level of cooperation, bringing in regional actors including Qatar and Turkey.

“The war ended on Israel’s terms,” Dermer said. “The work is not over, and anyone who thinks Hamas will be allowed to keep leverage through hostages is fooling himself.”

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U.S. stock futures traded little changed following a strong market rally as investors shifted their focus from easing Middle East tensions to the Federal Reserve’s upcoming policy meeting, the first to be led by new Chair Kevin Warsh.

Futures tied to the Dow Jones Industrial Average hovered near flat, while S&P 500 futures slipped about 0.1% and Nasdaq 100 futures eased roughly 0.3%, reflecting a pause after a broad advance in equities.

Markets rallied after President Donald Trump announced that the United States and Iran had reached a breakthrough agreement expected to be formally signed later this week. U.S. officials have said the deal could lead to the reopening of the Strait of Hormuz, one of the world’s most important oil shipping routes, helping drive oil prices sharply lower and boosting shares of airlines, cruise operators, transportation companies, and other fuel-sensitive sectors.

Attention is now turning to the Federal Reserve.

The central bank begins its two-day policy meeting Tuesday and will announce its decision Wednesday afternoon, followed by Warsh’s first press conference as Fed chair.

On the rate decision itself, expectations remain relatively clear.

According to CME FedWatch data, traders overwhelmingly expect policymakers to leave the federal funds rate unchanged within its current range of 3.50% to 3.75%. A recent Reuters survey of economists also showed broad expectations that rates will remain unchanged in the near term.

The significance of this meeting lies elsewhere.

In addition to its policy decision, the Fed will release updated economic forecasts and a revised dot plot, which reflects policymakers’ expectations for future interest-rate moves. Those projections could provide the clearest indication yet of whether the central bank believes inflation pressures are easing or whether additional tightening may be required.

Market expectations have shifted considerably in recent months.

Earlier this year, many investors expected the Fed to begin cutting rates before year-end. However, stronger-than-expected economic growth, a resilient labor market, and renewed inflation pressures have caused many forecasters to reconsider those assumptions.

Consumer prices rose 4.2% year-over-year in May, marking the highest inflation reading in three years. At the same time, employers added 172,000 jobs, exceeding expectations and reinforcing the view that the economy remains stronger than many analysts anticipated.

That combination of persistent inflation and solid employment growth has complicated the outlook for monetary policy.

Several Wall Street firms have adjusted their forecasts accordingly. Goldman Sachs recently pushed its expected timeline for rate cuts into 2027, citing continued inflation concerns and stronger economic activity.

Warsh enters the meeting facing heightened scrutiny.

Confirmed by the Senate last month, the new Fed chair is widely viewed as more focused on inflation risks than some of his predecessors. During his confirmation process, Warsh emphasized the importance of open debate among policymakers and signaled a willingness to challenge consensus when necessary.

Economists note that inflation pressures remain visible in several areas of the economy, particularly within the services sector, where price growth has remained stubborn despite earlier signs of moderation elsewhere.

The political environment adds another layer of complexity.

President Trump has repeatedly called for lower interest rates and argued that the economy does not require tighter monetary policy. Any indication that the Fed could consider additional rate increases would likely place Warsh in a difficult position between market expectations, economic data, and political pressure.

The Fed itself has shown signs of internal disagreement. Recent meetings produced some of the most notable policy dissents seen in years as officials debated the appropriate path for rates and inflation management.

For consumers, the outcome matters far beyond Wall Street.

The federal funds rate influences borrowing costs throughout the economy, affecting mortgages, auto loans, credit cards, business lending, and savings accounts. If policymakers signal that rates will remain elevated for longer, many borrowers could face continued pressure from high financing costs.

At the same time, higher rates generally benefit savers by supporting stronger yields on cash deposits and fixed-income investments.

Investors are expected to focus less on Wednesday’s rate announcement itself and more on the language surrounding it.

The updated forecasts, dot plot, and Warsh’s comments during his first post-meeting press conference may provide critical clues about whether the Fed sees inflation cooling sufficiently to eventually lower rates or whether policymakers believe additional tightening remains a possibility.

After markets spent the previous session reacting to geopolitical developments and falling oil prices, the next major move may depend on what the Federal Reserve’s new leader signals about the direction of U.S. monetary policy.

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Influential analyst Ali Martinez spotlighted on Saturday the strong demand for Space Exploration Technologies Corp. (NASDAQ:SPCX) among cryptocurrency investors.

‘Demand Was Always There’

In an X post, Martinez said that the “appetite” for the newly listed space giant is “bigger” than what they expected.

The analyst cited CoinMarketCap data showing billions traded in SpaceX-linked cryptocurrency products across the market since the stock’s debut on Wall Street.

In the past 24 hours, approximately $11.9 billion in SpaceX derivatives were traded on cryptocurrency exchanges, of which Binance (CRYPTO: BNB) accounted for 26%.

“For years, retail investors had almost no way to get exposure to companies like SpaceX,” Martinex noted. “The volume we’re seeing suggests the demand was always there. It just lacked a market.”

Full story available on Benzinga.com

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China’s shoppers spent less in May than they did a year earlier, the first decline in consumer spending in more than three years, according to figures released Tuesday by the National Bureau of Statistics, adding pressure on Beijing to do more to revive the world’s second-largest economy.

Retail sales fell 0.6% from a year earlier, the first monthly decline since December 2022, when the country was still under COVID restrictions. The reading surprised economists. A Reuters poll had expected sales to be flat, making the decline a sign that consumers remain cautious despite government efforts to boost spending.

The figures highlight an economy moving at two very different speeds.

While households pulled back, China’s factories continued to expand. Industrial output rose 4.5% in May, up from 4.1% in April and ahead of forecasts. A worldwide surge in demand tied to artificial intelligence infrastructure has fueled orders for Chinese-made technology components and industrial equipment.

At the same time, exports jumped 19.4%, helping offset concerns that geopolitical tensions and disruptions in the Middle East would weigh more heavily on manufacturing activity.

The problem for Beijing is that factory strength is not translating into stronger consumer demand.

The Labor Day holiday at the start of May, traditionally a major spending period, failed to provide a meaningful boost to retail activity. Analysts pointed to the scaling back of government trade-in subsidies for automobiles and appliances, along with continued concerns about employment and household wealth.

Years of falling home prices have left many Chinese families reluctant to spend. Instead, many households continue to save as they wait for stronger signs of economic stability.

The housing sector remains one of the biggest drags on growth.

Property investment fell 16.2% during the first five months of the year, worsening from the 13.7% decline recorded through April.

Investment firm KKR recently cited the property downturn as one of the largest obstacles facing China’s economy, noting that the country’s inventory of unsold homes may take years to fully absorb.

Broader investment data also disappointed.

Fixed-asset investment, which includes spending on factories, infrastructure projects and buildings, fell 4.1% during the first five months of 2026. Economists had expected a decline closer to 2%, making the result one of the weakest readings of the year.

Another warning sign appeared in the inflation data.

Factory-gate prices increased at their fastest pace since July 2022, while consumer prices remained largely unchanged. The growing gap suggests Chinese manufacturers are producing more goods than domestic consumers are willing to purchase, leaving supply growth ahead of demand.

The implications extend far beyond China.

As the world’s largest manufacturing nation and second-largest economy, China plays a critical role in global demand. Weak Chinese consumer spending affects multinational companies ranging from automakers and luxury brands to technology firms and food producers.

Softer demand can also weigh on commodity markets, reducing demand for products such as oil, copper, iron ore and industrial metals exported by countries around the world.

The disappointing retail figures are likely to increase pressure on Beijing to introduce additional stimulus measures.

Economists have been waiting for more aggressive policies aimed at encouraging household spending, including consumer subsidies, direct support programs and additional measures to stabilize the housing market.

Tuesday’s data strengthens the argument that further action may be necessary.

For now, China remains an economy powered by factories but restrained by cautious consumers. Manufacturing and exports continue to benefit from global demand and the AI investment boom, but until households regain confidence in their jobs, incomes and property values, consumer spending is likely to remain a weak spot.

The next set of economic data, expected in mid-July, will offer a clearer picture of whether May represented a temporary setback or the beginning of a more sustained slowdown in household spending.

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Before rushing too easily into accusations against the American administration and its policy toward Iran, we must pause and ask what lesson Israel should draw when world headlines report US President Donald Trump’s dramatic declaration that “the deal with Iran is done” and that the naval blockade is being lifted.

To arrive at the right lesson, it is worth returning to a foundational principle of international relations, one that many on the Israeli right refused, and still refuse, to internalize: at the helm of the world’s greatest power stands a leader who has made “America First” his banner, said it, and genuinely means it. Trump has a clear compass; sometimes Israel falls on the same needle, and sometimes it may point elsewhere. That does not mean the compass should be discarded when there is no alignment and the goals diverge.

I recall the first Trump inauguration ceremony in January 2017. Around me was a phenomenal euphoria. People danced in the streets of Washington, drunk on hope, certain that a savior had arrived who would fulfill every political dream of the settlement movement and the State of Israel.

Today, those very same people are full of criticism, angry, and even rushing to delete old photos of themselves smiling alongside Trump from their social media accounts. The euphoria has given way to bitter disappointment.

This inconsistency on our part does a disservice, first and foremost, to historical truth: Donald Trump was and remains a president who granted Israel unprecedented support, perhaps the greatest we have ever known from any American president.

The transfer of the embassy to Jerusalem, the recognition of sovereignty over the Golan Heights, and the signing of the historic Abraham Accords are all recorded in his name and have reshaped the Middle East in our favor.

But the mistake of those who danced then and those who are deleting photos today stems from a basic misunderstanding: Trump acted as he did not out of philanthropy or blind Zionism, but because, at that time, it aligned with the cool-headed national interest of the country he was entrusted to govern.

Trump’s actions aren’t based on Zionism, but on US calculations

Now, as Trump seeks to quickly end the regional war in order to present his voters at home with a swift diplomatic achievement, his priorities are shifting accordingly. And as we look toward a fog-shrouded future, Israel must prepare for three central scenarios.

The first scenario is that the agreement collapses or proves to be smoke and mirrors. Already, serious contradictions are emerging between the American and Iranian interpretations regarding the dismantling of nuclear materials and the flow of billions of dollars.

If mutual distrust prevails and the Washington understandings fall apart, we may find ourselves back in active combat, once again in a tight convergence of interests and an open alliance with the United States military against the Iranian octopus.

The second scenario is that the agreement, despite initial concerns in Jerusalem, proves to be good and satisfactory for Israel. It is possible that diplomatic pressure and high-level coordination will ultimately lead the American mechanisms to include close oversight, genuine dismantling of nuclear capabilities, and containment of the missile program and proxy networks. In such a case, the new regional architecture would grant Israel years of quiet and security.

But the third scenario, and the most sober of all, is the one in which the agreement is signed on Friday in Switzerland yet leaves Israel exposed and vulnerable, with our vital security interests pushed aside. In that case, exactly as we have done before the destruction of reactors in Iraq and Syria, we will be required to take independent and decisive action.

Israel has its own red line

We will need to make clear to our friends in Washington that we, too, have a red line, and that with all due respect to “America First,” Israel’s security and survival will always, for us, come first.

The truth is simple: the United States is our greatest friend, and Trump can be an enormous strategic partner, but we must free ourselves from the syndrome of the child waiting for parental approval. The conclusion from his recent moves should not be despair or anger, but sobriety: we must make use of America wherever possible, but never place our security and diplomatic fate on anyone’s shoulders but our own.

Oded Revivi is an Israeli public figure, attorney, and military officer who currently serves as the Chief Executive Officer (CEO) of the ANU Museum of the Jewish People in Tel Aviv. He is best known for his 16-year tenure as the Mayor of the Efrat local council from 2008 to 2024.

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A 1,000-year-old monastery that symbolizes Ukraine’s spiritual and cultural heritage was badly damaged on Monday in a major attack by Russia that killed 10 people nationwide, hours after US President Donald Trump spoke to the leaders of both countries about ending the war.

Ukraine’s President Volodymyr Zelensky said on Sunday he had discussed with Trump efforts to bring an end to the four-year-old conflict, ahead of a G7 meeting in France starting on Monday. The US president also told Russian leader Vladimir Putin in a call on Sunday that it was vital to end the war.

Zelensky offers Putin talks

Zelensky, speaking at the damaged monastery in Kyiv, said he had offered to meet Putin at the G7 summit in France this week or in the United States.

“We gave message that we are ready to meet with Putin during (the) G7, because Trump is there and Macron is there, so Europeans plus America. This is a good, I think, very good opportunity to meet all together,” Zelensky told reporters in English.

“Europe and the United States were agreed and Russia demonstrated again that…they are not ready to speak,” he said.

Writing later on Telegram, Zelensky said he had suggested to Trump in a telephone conversation on Sunday that he and the Russian president meet in the United States.

“Yesterday we discussed with President Trump that such a meeting could be organized in the US in a format that would make it much harder for Putin to refuse, at least to refuse President Trump,” he said.

“We will see what comes of this. If Russia rejects this chance too, more pressure will be needed.”

Monastery attack draws condemnation

The damage to the Kyiv Pechersk Lavra monastery, a UNESCO World Heritage site founded in 1051, drew international condemnation. France’s foreign minister said the attack was akin to bombing Notre Dame Cathedral in Paris.

Zelensky, who visited the monastery to inspect the damage, said the attack was “one of Russia’s most serious crimes against Christian culture to date.”

“This is an attack on our history,” he told reporters at the monastery, where rescuers were assessing the impact on the building’s paintings and frescoes. “Of course, everything will be restored.”

The blaze caused extensive damage to the roof of the Dormition Cathedral, the main church at the monastery site, but its structure and walls remained standing and much of the interior appeared intact.

Russia denied striking the monastery, calling the allegations “a crude fake,” and said instead it had been damaged by a US-made Patriot air defense missile, which Ukraine uses to protect its cities.

However, Ukraine’s SBU security service said it had recovered fragments of a Geran-2 drone, a Russian kamikaze drone, at the attack site and posted images of the debris. Reuters could not verify the information independently.

Ukraine seeks more air defenses

At least 10 people were killed in Russia’s overnight attack on Kyiv and the northeastern city of Kharkiv on Monday.

Four people were killed and 34 were injured in the overnight strikes on Kyiv, said Tymur Tkachenko, the head of the capital’s military administration. Kyiv Mayor Vitali Klitschko later said a fifth person had died in hospital from injuries sustained in the attack.

A Russian strike on Kharkiv killed four emergency service rescuers and a municipal official and injured at least five people, Interior Minister Ihor Klymenko said on Telegram.

Ukraine’s military said Russia had launched 70 missiles and 611 drones overnight and that its air defenses had shot down 50 missiles and 582 drones of various types.

In recent months, Ukraine has appealed to Western allies to increase supplies of Patriot air defense missiles, which are its only effective means of stopping Russian ballistic missiles.

Air Force spokesperson Yuriy Ihnat said Ukraine shot down only 15 of the 34 ballistic missiles launched by Russia overnight.

“Ballistic missiles remain a problem for us,” Ihnat said on national television.

Zelensky said that his priority at the G7 meeting would be securing more air defense systems to defend against Russian strikes.

“We will have a meeting with Europeans and also with President Trump; we will speak with him about how to push Putin to stop this war,” he said.

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US Vice President JD Vance said that he is confident that Israel would join the agreement with Iran “further down the road,” when asked about Israeli involvement in the US-Iran memorandum of understanding (MoU) during a Monday night interview with CBS News.

“What we know,” he said,  “is that this agreement is going to make Israel safer, going to make the entire region safer. We feel quite confident that the Israelis are going to be brought in on this agreement once we get a little further down the road.”

He also added that he believes it’s normal for close allies to have disagreements.

Uranium stockpile at center of deal

“We want them [Iran] to behave like a normal country,” Vance said, and explained that if Tehran complies with the points outlined in the MoU, including giving up its stockpile of enriched uranium, stopping funding to terrorist organizations, and making the country investible, then “benefits will float to them.” 

According to Vance, the US’s focus is on the enriched uranium, which, according to the MoU, would be destroyed by the International Atomic Energy Agency (IAEA) and the US. 

“We want them to have a successful country, but only if they do what’s necessary to commit long-term to not building a nuclear weapon,” Vance added. 

Vance rejects Obama comparison

In a video shown to Vance by the CBS interviewer, former US President Barack Obama is seen saying that any agreement that arises between the US and Iran is “not going to be significantly different, or a significant improvement from the deal that we had in the first place and that we had worked for for a long stretch of time.” 

Vance responded that Obama’s claims are “fundamentally not right.” 

“If you go back to the Obama JCPOA (Joint Comprehensive Plan of Action), what it did was it took an Iranian nuclear program that it accelerated. It basically bribed the Iranians to stop that program. 

The JCPOA was an Obama-led multilateral agreement between Iran and the US, UK, France, China, Russia, and Germany to limit Iran’s nuclear development. 

Vance argued that Trump’s administration is in a different position. “The Iranian nuclear program has been completely destroyed, and what we’re saying is: make the long-term commitment to not rebuild it, and you will get the benefits that come with that.” 

The vice president also noted that the Gulf States, whom he claims have been threatened by the Iranian regime for 47 years, “hated the JCPOA because they felt that it empowered Iran to be a bad regional actor.”

The same countries, argued Vance, have called Trump’s plan “amazing because it transforms the Middle East in a way that makes them more peaceful and more prosperous.”

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The U.S.-Iran agreement has set Israeli Prime Minister Benjamin Netanyahu on a “collision course” with President Donald Trump, according to a report published on Monday.

A Major Rift Brewing?

An Israeli official told Reuters that the preliminary agreement is “terrible” for Israel and no one in the country’s leadership views it otherwise.

Notably, Trump described Netanyahu as a “very difficult guy” in a New York Times interview on Sunday, adding that the Israeli leader should be “thankful” to the U.S. for preventing a possible nuclear attack from Iran.

But this is not the first time Trump has expressed his displeasure with Netanyahu’s actions. Earlier this month, he reportedly called Netanyahu “crazy” over Israel’s attacks in Lebanon in an “expletive-laden call.” 

Netanyahu also acknowledged differences with Trump at a Monday press conference, saying, “We many times see eye-to-eye, and there …

Full story available on Benzinga.com

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