Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City

Despite Record Low Sentiment, US Retail Sales See Strongest Annual Gain In 8 Months After a big jump in March, retail sales likely cooled in April, according to BofA's almost omniscient forecast as they see spending on gasoline providing a smaller boost and auto sales moderating, after an early Easter pulled forward some seasonal demand into March. The “holiday shift” dynamic also may have contributed to softer activity after Easter. However, the actual print was +0.5% MoM (as consensus expected - and hotter than BofA's forecast), lifting sales by 4.9% YoY...

US Asian Ally Rejects Pentagon Request To Land Fighter Jets: More To Come? Sri Lanka is a US regional ally, and America remains the small south Asian nation's largest export market, accounting for nearly $3 billion of the $11.7 billion of goods Sri Lanka exports annually. But tensions are soaring over the Iran war, and especially in the wake of a US submarine having torpedoed the Iranian warship IRIS Dena just off Sri Lanka's southern coast earlier this month - killing dozens of sailors and forcing Sri Lankan authorities into a rescue...

Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race Globalstar shares surged 12% in premarket trading in New York... ...marking their biggest jump in nearly five months, after the Financial Times reported overnight that Amazon is in talks to acquire the satellite operator, a move that would certainly intensify the race to build satellite constellations.  The FT cited people familiar with the Amazon-Globalstar talks and said both sides are still negotiating over "some of the complexities," including the fact that Apple owns a 20% stake in the satellite communications company, which...