Deporting Censorship: US Targets UK Government Ally Over Free Speech

Key Events This Week: Jobs Report, JOLTS, ADP, ISMs And Fed Speakers The key event for markets outside of Iran (which is once again front and center following news that Iran is halting all exchange of messages with the US in protest of Israeli crimes in Lebanon) will be Friday’s US May employment report. Economists forecast a notable moderation in payroll growth compared with the relatively strong pace seen earlier in the spring. Headline nonfarm payrolls are expected to rise by around consensus 89k, down from 115k in April, while...

A senior White House official claimed that President Donald Trump does not need Congressional approval to continue the war against Iran because the ongoing ceasefire negates the deadline imposed by the War Powers Act.  On Thursday, a US official told News Nation that “for War Powers Resolution purposes,” the war against Iran had ended. The […]

Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Summary:  Lucid Reponds, Denies AlixPartners Has Recommended Bankruptcy Route   Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Lucid Denies Report  Lucid responded to Electric-Vehicles.com's report, stating that restructuring adviser AlixPartners has not recommended bankruptcy. Bloomberg headline: LUCID SAYS ALIXPARTNERS HAS NOT RECOMMENDED BANKRUPTCY Electric-Vehicles.com's report did mention that another strategic option would be a take-private transaction. Here are Lucid's top shareholders: Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Shares of struggling EV maker Lucid plunged as much as 49% after auto-industry news website Electric-Vehicles.com reported...