Report: US Proposes Talks Between Vance and Iranian Parliament Speaker With Turkey as Mediator

US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3% With Wall Street expecting a strong - not great - number, and a modest decline from April's 115K, moments ago the BLS reported a shocker: in May the US added 172K jobs... ... not only a 4-sigma beat to the median estimate of 88K, but also above the highest estimate of 125K. The change in total nonfarm payroll employment for March was revised up by 29,000, from  +185,000 to +214,000, and the change for...

Starmer's Gone, But UK's Right May Have Little To Cheer About Authored by Remix News via Modernity News, The deeply unpopular British Prime Minister, Keir Starmer, announced his resignation on Monday morning, but despite his upcoming departure, the right may have little to cheer about. During a speech outside Downing Street, Starmer announced he was stepping down after holding office since July 7, 2024. In that election, his Labour Party won 412 seats, securing a comfortable majority and decimating the Tories, who had governed Britain since 2010. Starmer revealed on the morning of...

Trump's "Project Vault" Plans To Initially Buy Rare Earths From China As we reported in February, the US Export-Import Bank’s proposed rare earth stockpiling initiative would initially source critical minerals from anywhere in the world - including China, an official involved in the project revealed to Bloomberg. The $12 billion Project Vault would later shift to a replenishment model that prioritizes domestic production first, followed by allied nations and other sources as a last resort, executives including Ex-Im Chief Banking Officer Brian Greeley said lastt week, unveiling some of the first details publicly...