France's Le Pen Says She Will Not Run In 2027 Election If Under House Arrest, Names Successor

Jobless Claims Continue To Show No Signs Of Labor Market Stress Initial jobless claims continue to hover near multi-decade lows, refusing to show any signs of labor market stress. Last week saw 212k American file for jobless benefits for the first time (below the 216k expected). Unadjusted claims tumbled to the lowest since September... Source: Bloomberg Michigan and New York saw the largest drop in initial jobless claims last week while Rhode Island and Oklahoma saw the bigger rise in claims... The number of Americans filing for continuing jobless claims also dropped last week...

AI Surveillance Should Scare Both Democrats And Republicans Authored by Brendan Steinhauser via RealClearPolitics, In a country desperate for unifying issues, there is growing consensus on one: surveillance of American citizens. From progressives who want to hold ICE accountable to conservatives who fear Big Government, an ever-expanding federal government has put many Americans on high alert, and artificial intelligence is only making matters worse. To quote New York Times columnist Tressie McMillan Cottom, “ICE is watching you.” It is true: U.S. Immigration and Customs Enforcement saw its 2025 budget triple to nearly $30...

Futures Fall As AI Selloff Resumes US equity futures woke up after President's Day and chose to resume their selloff (after a modest bounce on Monday's holiday failed to hold) dragged by Tech, as the risk-off moves on AI disruption fears continue. As of 8:15am ET, S&P 500 futures were down 0.5% with Nasdaq 100 contracts falling 1.0%. In premarket trading, all Mag 7 stocks are lower and Semis are being pressured with AVGO / NVDA lower by more than 1%. Pockets of outperformance (and higher absolute returns) can be found...