Surging Services Costs Spark Unexpected Surge In US Producer Prices In January

Missiles Rain Down On Northern Israel In Large Hezbollah 'Revenge' Operation Northern Israel has come under heavy attack from Hezbollah on Saturday, after this past week a full-scale war has resumed in southern Lebanon, which even saw the resumption of Israeli airstrikes on Beirut's southern suburbs, much further to the north. Even while Tel Aviv maintains the illusion of a ceasefire with Lebanon (as in, its government and national army), there is no ceasefire with Iran-linked Hezbollah, following weeks of sporadic drones being sent on northern Israel, as well as troop...

New York City Appropriates $7 Million For 'Trans Equity', Drag Queen Story Hours Authored by Bryan Hyde via American Greatness, A massive $126 billion spending plan approved by the New York City Council earlier this week includes nearly $7 million for so-called ‘trans equity’ programs and drag queen story hours. The New York Post reports that the budget was approved by Mayor Zohran Mamdani and directs the taxpayer money to programs and services “to help empower the transgender and gender non-conforming (TGNC) community.” NYC budget funnels $7M to transgender programs, drag story hours For the record, Drag Queen...

Tune In To Tonight's Fertilizer Debate: How Bad Will It Get? As we covered earlier this week, Goldman Sachs analysts now say the fertilizer disruption is larger than expected, with nitrogen markets taking the brunt. Urea prices have risen 50% to 70% since the conflict began. Goldman’s Duffy Fischer wrote that “nitrogen fertilizer is the most impacted chemical chain,” adding that the scale of disruption is “greater than we originally expected.” And signs of improvement have yet to reveal themselves… As the U.S.–Iran conflict enters its seventh week, ZeroHedge, in partnership with...