The Weight on Delcy Rodriguez

Middle-Schoolers' "Let's Go Brandon" Sweatshirt Case Goes To Supreme Court Authored by Dave Huber via The College Fix, Lower courts have ruled school can ban wearing such apparel as ‘can reasonably be interpreted as profane’ The case of two Michigan middle-school brothers who were told to remove their hoodies emblazoned with the phrase “Let’s Go Brandon” is headed to the U.S. Supreme Court. The siblings are represented by the Foundation for Individual Rights and Expression which says the boys’ school violated their First Amendment rights. The phrase was popularized during a 2021 NASCAR event when a...

Americans' Savings-Rate Slumps In April As Fed's Favorite Inflation Signal Soars After accelerating significantly in March, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.2% MoM in April (less than expected +0.3% MoM), but pulled up the YoY measure to +3.3% (as expected) - its highest since Nov 2023. The rise in Services costs (headlined by Housing & Utilities, Financial Services, and Healthcare) dominated the increase in Core PCE YoY... The headline PCE...

Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy" Downward momentum in South Korean stocks was halted on Monday as optimism returned to Samsung Electronics after the company and its union reopened talks to resolve contract disputes and avert a strike that could begin as soon as Thursday. Bloomberg reported that the union's leader would "sincerely engage" with Samsung executives. The world's most important memory chip maker was also granted several requests by a Korean court, including orders to block the union from occupying company facilities. The union...