First Qatar Supply Shock, Now Cyclone Chaos Slams Major Australian LNG Plants

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...

The Inflation Spark That Could Become A Deflation Shock Authored by Robert Burrows via BondVigilantes.com, Memory chips have quietly become the most important commodities in the global economy. DRAM (Dynamic Random Access Memory) is considered the workhorse of the digital world. It functions as the operating memory when a device is turned on, and this memory is lost when a device is switched off.  These chips are used in almost all electronic devices. They play a critical role and sit at the heart of everything from AI servers, cars, smartphones, laptops and...

Epstein Guard Googled Him Minutes Before Body Found; Bank Made 'Suspicious Activity Report' Over Cash Deposits Authored by Jose Nino via HeadlineUSA, A federal correctional officer assigned to monitor Jeffrey Epstein conducted internet searches about the convicted sex offender just moments before his body was discovered and received thousands of dollars in cash deposits in the weeks preceding his death, newly released Justice Department documents show. Tova Noel worked as one of two Metropolitan Correctional Center employees who authorities later accused of fabricating logs claiming they had conducted required welfare checks on...