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BofA Sees Customer Gas Spending Jump 16%, But Discretionary Spending Holds Up

BofA Sees Customer Gas Spending Jump 16%, But Discretionary Spending Holds Up The national average for 87-octane gasoline has remained above the politically sensitive $4-a-gallon level for two straight weeks after the largest monthly jump in AAA data going back two decades. The fuel shock has Wall Street analysts focused on whether surging pump prices will begin crowding out discretionary spending. Bank of America CFO Alastair Borthwick told analysts on a conference call earlier today that the fuel shock at the pump has not undermined overall consumer strength so far, though...
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May 30, 2026 / Tyler Durden
The Nocebo Effect: The Real PsyOp Behind Fake Pandemics
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Jun 21, 2026 / Tyler Durden
Vance In Switzerland As High-Stakes Iran Talks Get Underway: What We Know So Far
Vance In Switzerland As High-Stakes Iran Talks Get Underway: What We Know So Far Qatar's Foreign Ministry has formally confirmed the launch of the talks between the United States and Iran with the mediation of Qatar and Pakistan in Switzerland, with the Iranian delegation headed by Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi. US Vice President JD Vance is leading the American side along with envoy Steve Witkoff. Also gathered at the Buergenstock Resort Lake Lucerne, near Stansstad, are Pakistan's Chief of Army Staff Field Marshal Asim Munir,...
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Apr 25, 2026 / Tyler Durden
The EU 'Democracy Shield' Is The End Of Freedom In Europe
The EU 'Democracy Shield' Is The End Of Freedom In Europe Via Remix News, The year 2026 will go down in the history of European integration as a special moment. The European Union, under the banner of protecting democracy, has begun systematically restricting freedom of speech and real political pluralism. Thus, it embarks on the well-trodden historical paths of every authoritarian regime, resorting to violence and censorship as public support wanes. A report recently published by the Ordo Iuris Institute leaves no doubt: we are dealing with a project for a profound overhaul of...
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