UMich Sentiment Crashes To Lowest On Record As War Sparks Inflation Panic Among Democrats

Several US Warplanes Damaged In This Week's Iranian Attack On Base In Jordan: Report The Iranian ballistic missile attack on an American base in Jordan this week ranks as one of the single biggest missile volleys sent over Jordan since the start of the US-led war. The Tuesday night into Wednesday attack targeted Muwaffaq Salti Air Base, multiple international reports say. Widely shared but unconfirmed social media videos appeared to show several direct impacts on the base. But at least some of the images have been authenticated by outlets like Dropsite...

Key Events This Week: CPI, PPI, Retail Sales, Trump-Xi Summit As DB's Jim Reid tallies overnight, it has now been 73 days since the war in Iran began, with the past 32 marked by a stalemate characterized by a mix of truce and ongoing ceasefire. The absence of any meaningful kinetic activity for over a month suggests a firm US preference for reaching a deal. However, a counterpoint is that uncertainty over who holds negotiating authority in Iran may be complicating progress and delaying more difficult times ahead. It remains...

Belarus Rattles Europe With Drills Involving Russian Tactical Nukes The Belarusian Defense Ministry announced Monday that its specialized military units have kicked off surprise combat drills specifically focused on the deployment and use of tactical nuclear weapons, which is a sign of yet more atomic saber-rattling on Europe's eastern flank. According to the official statement blasted out across Telegram on Monday: "Today, in the interests of increasing the readiness of the armed forces for the use of modern weapons, including special ammunition, training of military units for the combat use of nuclear...