Month: May 2026

Businesses warn of lran war denting consumer sentimentBusinesses warn of lran war denting consumer sentiment

Major companies on Thursday warned that consumers globally will start pulling back on purchases, challenging the narrative of resilient spending despite the Iran war. Whirlpool pointed to a “recession-level industry decline,” caused in part by shoppers pulling back on big-ticket buys. Although fast food sales rose, McDonald’s warned of consumer ...

ICE Plans to Develop Own Smart Glasses to ‘Supplement’ Its Facial Recognition AppICE Plans to Develop Own Smart Glasses to ‘Supplement’ Its Facial Recognition App

Immigration and Customs Enforcement (ICE) is exploring developing a pair of smart glasses that would “supplement” the agency’s facial recognition Mobile Fortify application, which lets officers scan someone’s face to verify their citizenship, according to a Department of Homeland Security (DHS) official. Another person who attended a conference where a ...

Middle East crisis live: Iranian state media reports ‘enemy units’ around strait of Hormuz came under missile fire after attack by US military on Iranian oil tankerMiddle East crisis live: Iranian state media reports ‘enemy units’ around strait of Hormuz came under missile fire after attack by US military on Iranian oil tanker

State broadcaster, citing unnamed military official, claims that units were forced to retreat The European Union is set to tell airlines the impact from the Iran war on tourism is not yet severe enough to justify emergency measures for the sector, draft EU guidelines seen by Reuters showed. “The current ...