US Strikes Tallest Bridge in Iran After Trump Threatens To Bomb the Country Into the ‘Stone Age’

Jobs Shock: US Lost 92K Payrolls In February, Far Below Lowest Estimate, As Unemployment Rate Rises In our nonfarm payrolls preview, we quoted JPMorgan's Market Intel desk which said that "for this print, the stronger the better", which by implication means that a poor number would be bad. By that logic, the actual number couldn't be any worse, because moments ago the BLS reported that in February, the US lost 92,000 jobs, a huge drop from the downward revised (of course) 126K in January, and the second worst print since 2020...

European Inflation Jumps Most Since 2022 On Soaring Energy Prices Even As Core CPI Unexpectedly Shrinks In an early preview of the coming inflation spike, the euro area saw its steepest jump in inflation since 2022 as the Iran war pushed energy costs sharply higher, backing expectations that the ECB will have to raise interest rates. In March, European consumer prices rose 2.5% from a year ago in March - and up a whopping 1.9% from the previous month - to the highest since January 2025. The silver lining: the median estimate...

Senators Plan Taiwan Trip Ahead Of Trump's Summit With Xi Jinping Authored by Jacob Burg via The Epoch Times, Four U.S. senators from both sides of the aisle are planning to visit Taiwan, Japan, and South Korea within the coming days to strengthen U.S. alliances that they see as critical to challenging China’s sphere of influence. Sen. Jeanne Shaheen (D-N.H.), who serves as the ranking Democrat member of the Senate Foreign Relations Committee, announced the trip on March 28. Sens. John Curtis (R-Utah), Thom Tillis (R-N.C.), and Jacky Rosen (D-Nev.) will join her...