CBS '60 Minutes' Left Out The Most Damning Part Of The Story

Conference Board Confidence Unexpectedly Jumped Amid War In March Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected. Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp) Source: Bloomberg Among demographic groups, confidence on a six-month moving average basis continued to moderate...

Russia Quickly Rejects Ukraine's Offer Of Ceasefire On Black Sea Shipping Ukraine has quietly floated a deal through a third-party mediator to halt reciprocal strikes on civilian vessels in the Black Sea, Reuters reports, in what appears to be a calculated bid to unfreeze a critical global commodity corridor and to relieve pressure on Ukraine's battered wartime economy. The maritime artery remains a vital economic lifeline for both nations, channeling massive volumes of grain and agricultural supplies to world markets - especially the Middle East and Africa - but there's now...