Fed Independence Is Sacred... Or So We've Been Told

ADP Employment Report Shows 12th Straight Month Of Job Gains With jobless claims still hovering near multi-decade lows and Job Openings soaring, and despite near record low consumer sentiment (particularly about the labor market), ADP was expected to report another strong employment report this morning with the US economy adding 120k jobs. The actual print was a disappointing +98k, but still represented the 12th straight month of employment gains... Source: Bloomberg Once again Small Business led the charge with hiring, but the gains were seen across all firm sizes... Interestingly, only the Natural Resources...

Russia said on Monday that Finland’s reversal of its long-standing ban on nuclear weapons requires a response as tensions between NATO and Moscow continue to rise. Finland’s parliament voted on June 17 to lift the ban, which allows the country to receive, transport, and facilitate the movement of nuclear weapons on its territory as part of […]

'Project Hail Mary' Writer Credits Not Going Woke For Film's Success With an $80.6 million domestic opening weekend, a 95% critics’ score on Rotten Tomatoes, and a 96% audience score, Project Hail Mary is an undeniable blockbuster hit. By its second weekend, the movie crossed $300 million worldwide and dethroned Avatar: Fire and Ash as the top-grossing Hollywood film of 2026 in North America. It’s become the second-biggest non-franchise opening over the past decade, after Oppenheimer. The Hollywood Reporter published a piece titled "Project Hail Mary: 4 Lessons Hollywood Won't Learn...