Recession Signal As Consumers Struggle To Pay Bills

US Africa Command on Wednesday announced that its forces launched another airstrike in Somalia on February 16 as the Trump administration continues its record-breaking bombing campaign in the country. AFRICOM said the strike targeted the ISIS affiliate in Somalia’s northeastern Puntland region, about 43 miles southeast of the Gulf of Aden port city of Bosaso, […]

At 2:30 in the morning February 28, Washington time, a president who once promised to end the forever wars posted an eight-minute video to Truth Social and announced the beginning of a new one. Operation Epic Fury, they called it. Epic. Fury. The marketing department of imperial collapse has never worked harder. B-2 bombers. Carrier-launched […]

Jobless Claims Continue To Show No Signs Of Labor Market Stress Initial jobless claims continue to hover near multi-decade lows, refusing to show any signs of labor market stress. Last week saw 212k American file for jobless benefits for the first time (below the 216k expected). Unadjusted claims tumbled to the lowest since September... Source: Bloomberg Michigan and New York saw the largest drop in initial jobless claims last week while Rhode Island and Oklahoma saw the bigger rise in claims... The number of Americans filing for continuing jobless claims also dropped last week...