Article
US PMIs Signal Stagflation Fears Accelerating As War Started
US PMIs Signal Stagflation Fears Accelerating As War Started
With 'hard' US macro data having drifted weaker all year, consensus was expecting only a modest decline in S&P Global's US Composite index in preliminary March data (that presumably will be affected in some part by the war and its consequences).
The consensus was right, but the picture was mixed with Manufacturing PMI surprising to the upside (52.4 vs 51.5 exp vs 51.6 prior) - highest since Oct 2025.
Services PMI, on the other hand, disappointed, falling to the lowest since April 2025...
Source: Bloomberg
Overall,...
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Apr 13, 2026 / Tyler Durden
Masters Prize Money Soars To Record High: Here's What Golfers Actually Earned
Masters Prize Money Soars To Record High: Here's What Golfers Actually Earned
The 2026 Masters delivered golf’s richest payday yet, with a record-shattering $22.5 million purse at Augusta National. This year’s champion, Rory McIlroy, scored a career-highlight $4.5 million, the largest winner’s share in tournament history, as the total prize fund rose $1.5 million from last year and a remarkable $7.5 million since 2022, according to Fox Business.
Rory Mcllroy
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Feb 20, 2026 / Tyler Durden
Riyadh Seeks To Replace Israel With Syria For EU Fiber-Optic Cable Route
Riyadh Seeks To Replace Israel With Syria For EU Fiber-Optic Cable Route
Via Middle East Eye
Saudi Arabia wants to replace Israel with Syria as the transit country for a fiber-optic cable designed to connect the kingdom to Greece through the Mediterranean Sea, two regional officials familiar with the project told Middle East Eye.
Saudi Arabia's insistence that it be connected to Greece through Syria, and not Israel, as previously discussed, underscores how regional alignments are shifting as Riyadh looks to bolster Damascus’s standing in the region and potentially isolate Israel.
via AFP
Saudi Arabian Crown Prince Mohammed bin Salman has...
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Mar 27, 2026 / Tyler Durden
Musk Targets Retail Investors For Up To 30% Of SpaceX's IPO Shares
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Elon Musk is planning a highly unconventional IPO for SpaceX, aiming to make it one of the largest public offerings ever, with a target raise in the tens of billions, according to the Wall Street Journal.
Instead of relying solely on the standard investor roadshow, he is considering bringing investors directly to SpaceX sites, where they could tour facilities and potentially witness rocket launches—turning the pitch into an immersive experience designed to build excitement and demand.
A central part of...
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