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US Industrial Production Rises For 4th Straight Month In February
US Industrial Production Rises For 4th Straight Month In February
After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) - the fourth straight month of gains with Production up 1.44% YoY...
Source: Bloomberg
Manufacturing output also beat expectations, rising 0.2% MoM in February.
Durable manufacturing output edged up 0.1 percent, with mixed results across categories; the index for motor vehicles and parts posted the largest gain, and the index for machinery posted the largest loss.
Nondurable manufacturing output rose 0.2 percent, with...
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Apr 16, 2026 / Tyler Durden
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A massive drought has emerged across large swaths of the US agricultural belt, threatening crops and livestock and eventually affecting food prices, at a time when fertilizer and diesel costs are soaring. As of early April, 60% of the Lower 48 is in drought as the Northern Hemisphere growing season begins and farmers begin plantings, according to NOAA.
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Supreme Court Directs Lower Courts To Reexamine Decisions In Voting Rights Act Cases
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Authored by Matthew Vadum via The Epoch Times,
The U.S. Supreme Court on May 18 ordered lower courts to reconsider rulings in two redistricting cases that concern whether private individuals may sue to enforce a federal law that bans discriminatory voting practices.
The court directed the lower courts to take another look at the cases from Mississippi and North Dakota in light of its recent landmark ruling limiting the use of race in redistricting efforts.
Justice Ketanji Brown Jackson dissented...
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Apr 22, 2026 / Tyler Durden
SaaS Stocks Slammed As ServiceNow Disappoints, Blames MidEast War
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Perhaps indicative of the fragility of the current rebound - as Software stocks have recently ripped higher for 8 straight days - SaaS stocks are all deeply in the red after-hours as ServiceNow - the potential poster-child for AI disruption - cut its margin outlook amid lackluster results, sending shares reeling.
At first glance, it was a good print - the provider of business task management software posted first-quarter adjusted earnings of 97 cents a share, which was in-line with Wall Street...
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