US Bombs Somalia for 35th Time This Year

Cory Booker Blasts Party, Says Democrats 'Failed This Moment', And Calls For New Leaders Sen. Cory Booker (D-N.J.) appeared on NBC's Meet the Press Sunday morning and delivered a scathing rebuke of his own party, saying it has “failed this moment.”  Booker was on the show to promote his new book, and host Kristen Welker read a passage from it in which he argues that political coalitions can’t succeed if they exclude people based on “purity tests” or demand total agreement on every issue.  In his book, he wrote, “We cannot cancel...

Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But... While 'hard' data has been fading modestly in recent weeks, 'soft' survey data has bounced back but today we get a first glimpse at February's PMIs from S&P Global to see if that survey-based confidence is continuing. It is not as both Manufacturing and Services PMIs dropped notably., Flash US Services PMI Business Activity Index: 52.3 (January: 52.7). 10-month low. Flash US Manufacturing PMI: 51.2 (January: 52.4). 7-month low.    Source: Bloomberg Overall that dragged the US Composite PMI down...

Trump Vows US Will Respond To Iranian Attacks After Ballistic Missile Strikes On Jordan Summary Trump vows retaliation after Iran's own 'retaliatory' missile attacks on US bases in Jordan. Eight Iranian missiles were intercepted by Jordan amid the first major tit-for-tat military strikes in a month. US forces struck Iranian missile launchers on Larak Island, reportedly killing two people. Iran threatens further retaliation, while regional tensions reignite across UAE, Qatar and Red Sea. Global oil prices rose Monday in wake of the overnight renewed fighting. Strait of Hormuz traffic returns to normal by October 31? Yes 11% · No 90%View full...