Top US Catholic Bishop Says Trump’s Threat To Destroy an Entire Civilization ‘Cannot Be Morally Justified’

President Emmanuel Macron has announced that France will increase its nuclear warheads and allow for the deployment of nuclear-capable aircraft to foreign soil.  In a speech on Monday, the French leader said nuclear-capable war planes will be deployed to seven European countries, including Germany and Poland. “Today, a new step of France’s deterrence can now […]

WTI Dips As US Crude Production Hits Record High, SPR Draw Slows, Cushing Remains At 'Tank Bottoms' Oil prices are marginally higher overnight after President Trump reinstated the blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway. US Central Command said it completed a morning round of strikes on Iran that further degraded its ability to attack commercial shipping in Hormuz. It comes a day after attacks on ships that had been participating in so-called shuttle runs that...

Continuing Jobless Claims At 3-Month-Highs, Initial Claims Tumble Back To 2021 Levels The number of Americans filing for unemployment benefits for the first time fell last week to 215k (after hitting four month highs last week), well below the 225k expectations and back to the same levels it was at in 2021... At the same time, continuing jobless claims picked up to 1.821 million Americans - the highest in 3 months... The bottom line is that initial claims remain low by historical standards and continue to run below year-ago levels, reinforcing the...