US Signals Allies 'No Immediate Plans' For Ground Invasion, As Iran Warns 'Heavy Price' To Pay For Nuclear & Steel Plant Attacks

'Soft' Data Soars To 2-Year Highs As Chicago PMI Smashes Expectations Market News International's Chicago Business Barometer smashed expectations this morning, print 57.7 - the highest since May 2022 - and above the highest analysts' expectation. This is the second straight month above 50 (signaling expansion) with new orders and employment surging (but prices also rising)... Prices paid rose at a faster pace; signaling expansion New orders rose at a faster pace; signaling expansion Employment rose and the direction reversed; signaling expansion Inventories fell and the direction reversed; signaling contraction Supplier deliveries rose at a faster...

Report Claims Iranian Jet Bombed American Base In Kuwait At War's Start Authored by Dave DeCamp via AntiWar.com, Iranian attacks on US bases across the Middle East have caused far more damage than the Trump administration has publicly acknowledged, and an Iranian fighter jet was able to bomb at least one US base, NBC News reported on Saturday, citing unnamed US officials. The administration has attempted to cover up the damage to US bases in the war, and has gone as far as requesting that Planet Labs and other satellite imagery companies black out war images,...

Beijing Boosts BeiDou Satellite System To Try And Compete With GPS China is upgrading its BeiDou satellite navigation system, a domestic alternative to GPS, to expand its global reach and industry use, according to South China Morning Post. The plan involves replacing older satellites with newer third-generation models and adjusting their orbits to improve worldwide coverage. The system will be streamlined from 50 to 37 active satellites, most operating in medium Earth orbit like GPS and Europe’s Galileo. A few satellites will remain in specialized orbits to improve signal reliability in certain...