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US Retail Sales Jumped Most In 8 Months In February
US Retail Sales Jumped Most In 8 Months In February
Bank of America's omniscient analysts forecast a very strong month for Retail Sales in February data (released today)...
The actual print was +0.6% MoM (better than the 0.5% consensus, but less than BofA's forecast) comes after a revised higher 0.1% MoM decline in January (and December's nothingburger)...
Source: Bloomberg
That is the highest MoM rise since June 2025, and sales rose 3.7% YoY...
Core Retail Sales (Ex Autos) rose 0.5% MoM (much better than expected) and Ex Autos and Gas also rose more than...
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Apr 26, 2026 / Tyler Durden
Maine Governor Vetos Data Center Moratorium, Citing Job Creation And Economic Growth
Maine Governor Vetos Data Center Moratorium, Citing Job Creation And Economic Growth
Maine Governor Janet Mills has vetoed a bill that would have temporarily limited the development of large data centers across Maine, despite expressing support for a broader pause on such projects, according to Maine's website.
The governor said she would have approved the legislation if it had included an exemption for a $550 million data center redevelopment already underway at the former Androscoggin Mill in Jay, a project backed by local officials and seen as critical to economic recovery...
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Jun 1, 2026 / Tyler Durden
Nvidia CEO Declares AI PC Reinvention A "New Beginning" On Par With Smartphone Shift
Nvidia CEO Declares AI PC Reinvention A "New Beginning" On Par With Smartphone Shift
Nvidia CEO Jensen Huang delivered the keynote address on Monday at GTC Taipei 2026, outlining the next evolution of AI compute.
Huang's presentation included updates on the Vera Rubin platform, a new lineup of Windows PCs developed with Microsoft for AI workflows, the launch of an enterprise agent toolkit, and next-generation AI infrastructure systems to accelerate data-center and agentic AI adoption.
A team of Goldman analysts, led by James Schneider, attended GTC Taipei 2026 and shared the top...
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Jul 14, 2026 / Tyler Durden
Trump Backs Off 20% Fee Plan For Hormuz, Asserts 'FULL Blockade' Only On Iranian Ports
Trump Backs Off 20% Fee Plan For Hormuz, Asserts 'FULL Blockade' Only On Iranian Ports
Update(11:20ET): It's the return of another TACO Tuesday as President Trump in a lengthy Truth Social missive appears to have reversed his plan to collect a 20% of cargo fee for international vessels wishing to transit the Strait of Hormuz.
"Oil is flowing like never before," he began (except it's not...), before writing, "Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and...
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