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Conference Board Confidence Unexpectedly Jumped Amid War In March
Conference Board Confidence Unexpectedly Jumped Amid War In March
Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected.
Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp)
Source: Bloomberg
Among demographic groups, confidence on a six-month moving average basis continued to moderate...
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May 13, 2026 / Tyler Durden
Mass Casualty Event After Israeli Airstrikes On Beirut Highway
Mass Casualty Event After Israeli Airstrikes On Beirut Highway
Another mass casualty event has occurred in Lebanon, as national media says that on Wednesday eight people died, including two children, when Israeli strikes targeted cars on a highway south of Beirut.
Israeli media itself described that "The three separate airstrikes were carried out well beyond the main theater of conflict in the south, targeting vehicles on the coastal highway in an area around 20 kilometers (12 miles) south of Beirut, security sources said." The attack was reportedly carried out by drones.
EPA image
"Images showed...
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Apr 24, 2026 / Tyler Durden
Scramble For AI Compute: Meta Inks Multibillion-Dollar Deal With Amazon For CPU Chips
Scramble For AI Compute: Meta Inks Multibillion-Dollar Deal With Amazon For CPU Chips
Meta Platforms inked a multibillion-dollar agreement with Amazon to deploy tens of millions of AWS Graviton processor cores in support of its next-generation AI buildout. The deal makes Meta one of the largest Graviton customers globally and shows CEO Mark Zuckerberg's willingness to spend aggressively on compute infrastructure as the AI arms race intensifies with Alphabet, Microsoft, and other tech giants.
The news that the social media giant would deploy hundreds of thousands of Amazon's general-purpose chips...
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Apr 12, 2026 / Tyler Durden
Decades-Long Study Blows Up Narrative That 'Gender Reassignment' Prevents Suicide
Decades-Long Study Blows Up Narrative That 'Gender Reassignment' Prevents Suicide
Authored by Tim O'Brien via PJ Media,
One of the most common talking points from the left is that if you don’t rush confused kids into the gender reassignment pipeline, they will kill themselves. The left tells us that “transgenderism” is not a mental health problem, while at the same time telling us that people, especially minors, will kill themselves at greater rates if steps aren’t quickly taken to get those kids on puberty blockers, and on track to have their...
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