Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

US Industrial Production Rises For 4th Straight Month In February After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) - the fourth straight month of gains with Production up 1.44% YoY... Source: Bloomberg Manufacturing output also beat expectations, rising 0.2% MoM in February. Durable manufacturing output edged up 0.1 percent, with mixed results across categories; the index for motor vehicles and parts posted the largest gain, and the index for machinery posted the largest loss. Nondurable manufacturing output rose 0.2 percent, with...

Jewish settlers in the West Bank killed a 19-year-old Palestinian American on Thursday as settler violence continues to surge in the Israeli-occupied territory. According to Haaretz, Nasrallah Abu Siam was shot during a settler attack on the village of Mukhmas in the central West Bank, and he later succumbed to his wounds. Two other Palestinians […]