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Job Openings Drop After Huge Upward Revision As Hires, Quits Unexpectedly Plunge To Six Year Low
Job Openings Drop After Huge Upward Revision As Hires, Quits Unexpectedly Plunge To Six Year Low
A few weeks ago, the BLS reported that January job openings unexpectedly soared by 400K, the biggest increase since November 2024, to 6.946MM, the highest since last October. Well, it turns out the jump was even higher than that because moments ago, the BLS published the latest February print, and while that number came in line with estimates, at 6.882MM, or just shy of the 6.890MM estimate, it was a big drop from January,...
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Sep 1, 2026 / Tyler Durden
Restaurants Face GLP-1 Squeeze As Adopt-Or-Die Inflection Arrives
Restaurants Face GLP-1 Squeeze As Adopt-Or-Die Inflection Arrives
Bernstein's latest GLP-1 tracker has Eli Lilly's Mounjaro leading script growth, with downstream effects compounding pressure on the restaurant industry already facing weakening consumer confidence, as gas prices nationwide remain above a politically sensitive $4 a gallon in late summer.
Turning to UBS's latest note on the restaurant industry, Dennis Geiger, who covers U.S. restaurants and consumer discretionary names, wrote in a note on Sunday that restaurant investors are struggling to identify opportunities across the space amid sharp share-price volatility, weakening consumer confidence, growing uncertainty...
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Apr 1, 2026 / Tyler Durden
US Senators Unveil 'Mined In America Act' To Reshore BTC Mining, Codify Bitcoin Strategic Reserve
US Senators Unveil 'Mined In America Act' To Reshore BTC Mining, Codify Bitcoin Strategic Reserve
Authored by Micah Zimmerman via BitcoinMagazine.com,
Republican Senators Bill Cassidy and Cynthia Lummis introduced legislation Monday aimed at reshaping the U.S. digital asset mining sector, tightening supply chains, and embedding bitcoin into federal reserve strategy.
The proposal, titled the “Mined in America Act,” would establish a federal certification program for domestic crypto mining operations while phasing out reliance on foreign-manufactured hardware.
It also seeks to codify Donald Trump’s executive order creating a Strategic Bitcoin Reserve, placing the policy on statutory footing, according...
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Mar 17, 2026
Trump Official Resigns Over Iran War He “Cannot In Good Conscience Support"
"Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby."
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