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Services Sector Contraction In March Screams Q1 Stagflation
Services Sector Contraction In March Screams Q1 Stagflation
Following S&P Global's Manufacturing PMI's better than expected print higher (signaling resilience in the face of March's war in Iran), the data released this morning showed the US Services Sector experienced a contraction of activity at the end of the first quarter of 2026.
The headline S&P Global US Services PMI Business Activity Index recorded 49.8 in March, down from February’s 51.7 and lower than the earlier ‘flash’ estimate of 51.1.
It was the first decline recorded in over three years amid the weakest...
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Nov 5, 2026 / Jason Ditz
Israel Launches More Southwest Syria Raids, Adds Heavy Equipment to Land-Clearing Work
Israeli forces continue to scale up efforts on the “Sufa 53 line” construction in southwest Syria’s Quneitra Governorate this week, adding a substantial number of heavy construction vehicles to the deployment for land-clearing work, and launching more reads on villages near line’s planned location. Some nine Israeli vehicles crossed into Quneitra, initially entering the village […]
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Jun 15, 2026 / Tyler Durden
VP Vance Confirms Hormuz Strait To Reopen 'Toll Free', Says 'Israel Has Seat At Table'
VP Vance Confirms Hormuz Strait To Reopen 'Toll Free', Says 'Israel Has Seat At Table'
Summary:
Vice President JD Vance Begins Optics Roadshow to Boost Investor Confidence On Deal
Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening
VP Vance
Not even 24 hours after President Trump declared a peace deal with Iran to reopen the Strait of Hormuz, and just 30 minutes before New York futures opened Sunday evening, the administration already had Vice President JD Vance beginning a media roadshow to calm investor nerves and boost confidence.
Vance began the...
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Apr 18, 2026 / Tyler Durden
Spanberger Signs Unconstitutional Bill To Strip Confederacy-Linked Groups Of Tax Exempt Status
Spanberger Signs Unconstitutional Bill To Strip Confederacy-Linked Groups Of Tax Exempt Status
Authored by Jonathan Turley,
There has been growing criticism (and falling poll numbers) of Virginia Governor Abigail Spanberger after she ran as a moderate and then immediately veered to the far left after her election. Once in power, Spanberger and the Democrats unleashed a slew of tax increases, moved to eliminate all but one Republican district in the purple state, passed an array of anti-gun laws, and enacted other controversial measures. One of these measures is a clearly unconstitutional...
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