Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage

Wave Of Cybertruck Owners Report "Zero Ability To Charge" As Power Conversion System Nightmare Deepens For months, several auto news outlets and EV forums and auto-focused YouTubers have been tracking what some are calling a "hidden time bomb" inside Tesla's Cybertruck: a growing number of owner complaints linked to Power Conversion System failures. The PCS failure, according to those reports, can paralyze charging and key electrical functions, in some cases leaving the roughly 7,000-pound stainless truck immobilized until service or replacement parts are available. "Tesla is risking a backlash from Cybertruck owners...

Live Cattle Futures Tumble To Seven-Month Low, But Bernstein Says Beef Prices Will Stay Elevated Despite our view that beef prices will remain elevated this year amid the smallest US cattle herd size in more than 60 years and mounting concerns over New World screwworm detections in Texas, live cattle futures in Chicago have tumbled this month as speculative traders unwind bullish bets. Chicago live cattle futures have dropped to their lowest point since December 2025, as speculative traders liquidate positions amid weakening cash trade and falling wholesale beef prices. The commodities...

Strongest El Nino In 75 Years Sets Off Food Supply-Chain Alarm Bells The US Climate Prediction Center has warned that the weather phenomenon El Niño, which only recently emerged across the Pacific, could become the most powerful in more than 75 years. This raises the risk of adverse weather conditions across the US, Asia, Australia, and South America. The stronger the weather event becomes, the greater the threat to critical food supply chains, which are already vulnerable to drought, flooding, export restrictions, and rising protectionism. The CPC, a NOAA/National Weather...