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US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb)

US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb) At first glance the 0.5% MoM decline in US Industrial production (considerably worse than than the 0.1% MoM rise expected - and dragging YoY growth in IP down to +0.74%) is bad news... suggesting immediate impacts from the war are being felt and sparking headlines decrying President Trump's actions. Source: Bloomberg However, while we agree that the decline is notable, the fact that February's data was revised drastically higher, from +0.2% to +0.7% MoM, means that over the two...
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Feb 13, 2026 / Tyler Durden
Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years
Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Authored by Micah Zimmerman via BitcoinMagazine.com, Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years.  The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the...
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Mar 23, 2026 / Jason Ditz
Escalated Israeli Invasion Feared as Minster Calls for Annexation of Southern Lebanon
Israeli ground troops are reporting “targeted ground operations” by their troops in southern Lebanon, but with the Defense Ministry ordering all the bridges across the Litani River destroyed yesterday, there is mounting fear that the invasion is going to get a lot broader. Lebanese President Joseph Aoun said he views the destruction of the bridges […]
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Apr 12, 2026 / Tyler Durden
Massachusetts Dems Advance Bill To Limit How Far You Can Drive In Your Own Car
Massachusetts Dems Advance Bill To Limit How Far You Can Drive In Your Own Car Authored by Steve Watson via Modernity.news, Massachusetts lawmakers are barreling ahead with a bill that would force the state to slash the total miles residents drive, all under the banner of cutting greenhouse gas emissions. The proposal, Senate Bill S.2246, doesn’t slap a hard cap on your daily commute… yet – but it orders the Massachusetts Department of Transportation (MassDOT) to set binding goals for reducing statewide vehicle miles traveled (VMT). It also creates a new government council tasked with pushing...
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