China's Debt Surpasses Europe For The First Time

Tesla Posts Strong Registration Growth Across Europe In May Tesla showed signs of regaining momentum in Europe during May, posting strong registration growth across several major markets, according to Reuters. New registrations climbed to 1,750 vehicles in Denmark (+136%), 1,690 in Spain (+113%), and 858 in Sweden (+71%), based on data released by local industry groups. Reuters writes that the trend extended across the region. Norway recorded 3,345 Tesla registrations, up 29% from a year earlier, while France saw registrations rise to 5,446 vehicles—more than seven times last year's level. The gains come...

Initial Jobless Claims Continue To Signal No Labor Market Stress The number of Americans filing for unemployment benefits for the first time dipped last week to 215k (218k exp), continuing to show labor market resilience in the face of slumping sentiment. ...basically unchanged in five years. Continuing claims ticked higher but remains well off cycle highs from last fall... So once again, claims data shows no signs of the pain that sentiment surveys suggest... ...even though payrolls data suggests deterioration. Tyler Durden Thu, 07/02/2026 - 08:53

Poland Rejects 'Unofficial' US Request To Redeploy Patriot Batteries To Mideast Via The Cradle Poland has rejected an "unofficial" US request to deploy one of its Patriot air defense systems to West Asia, Polish Defense Minister Władysław Kosiniak-Kamysz announced on Tuesday, following reports by Polish daily Rzeczpospolita that Washington had informally approached Warsaw amid rising regional tensions. "Our Patriot batteries and their armaments are used to protect Polish airspace and NATO's eastern flank. Nothing is changing in this regard and we are not planning to move them anywhere!" Kosiniak-Kamysz stated. Still frame via the...