NASA Awards Next 2 Private Astronaut Missions To International Space Station

Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June With oil prices having tumbled (before this latest resurgence) but semiconductor prices soaring still, expectations were for a small 0.1% MoM decline in CPI but in fact it printed dramatically cooler, dropping 0.4% MoM - the biggest monthly decline since COVID (April 2020), dragging the YoY CPI change down to +3.5% YoY... Source: Bloomberg Both Goods and Services costs saw YoY growth decline... Energy dominated the decline while Core Services rose very modestly... CPI breakdown: Headline CPI down 0.4% MoM in...

In "Watershed Moment" China Orders Companies To Defy US Sanctions China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.  Refiners - including Hengli Petrochemical (Dalian) Refinery which was sanctioned last month and several other privately-owned processors - had been facing asset freezes and transaction bans. Hengli was the most ambitious target to date in China’s refining sector, and...

Senate Democrats Are Quietly Plotting To Oust Chuck Schumer Senate Minority Leader Chuck Schumer has had a fractured relationship with the Democratic Party base ever since he voted to fund the government last March. Unfortunately for him, time hasn’t healed that wound, and there’s a growing resistance to Schumer that hopes to oust him from his leadership position after the midterms. The Wall Street Journal, drawing on more than four dozen interviews with Democratic senators, candidates, current and former congressional aides, activists, and advisers, found widespread unease about the New York...