A Turning Point For Europe: Historic EU Parliament Votes Signal Rightward Realignment On Migration, Privacy, And Transatlantic Ties

Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss Following stellar equity trading results from Goldman and JPMorgan, this morning Bank of America reported that its traders also pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record. Bank of America said Q1 profit rose 17% from a year earlier, while net income came in at $8.58 billion. That amounted to $1.11 a share, above...

Trump Eyes Boots On The Ground Along Hormuz Shoreline Several reports this week into Thursday say the Trump administration is quietly weighing a major escalation - potentially deploying thousands of additional troops to the Middle East as the White House struggles to map out an end game in Iran, according to Reuters. Interestingly, the Reuters report doesn't include the phrase that Trump strongly campaigned against: 'boots on the ground'. Instead the report framed things more simply as "US weighs military reinforcements as Iran war enters possible new phase." Are the American people being...

February Net Trailer Orders Down 43% As Bookings Fall 26% Preliminary February net trailer orders fell by about 10,000 units from January’s 23,300, a 43% month-over-month decline, according to TheTrucker.com. “Sequentially, a drop in net orders was expected, as the industry transitions from the strongest to the weakest order months of the annual cycle,” said Jennifer McNealy, director CV market research & publications at ACT Research. “Trailer makers now will begin to take fewer orders and start to work down the backlog that grew during the peak of order season at the...