US Employment Additions Accelerate As Retail Sales Soar In March

No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world's largest condom maker, warning that prices are about to explode. Karex CEO Goh Miah Kiat spoke with...

Continuing Jobless Claims At 3-Month-Highs, Initial Claims Tumble Back To 2021 Levels The number of Americans filing for unemployment benefits for the first time fell last week to 215k (after hitting four month highs last week), well below the 225k expectations and back to the same levels it was at in 2021... At the same time, continuing jobless claims picked up to 1.821 million Americans - the highest in 3 months... The bottom line is that initial claims remain low by historical standards and continue to run below year-ago levels, reinforcing the...

"Potentially Worst Blizzard In Decade" Set To Hammer Mid-Atlantic And Northeast A potentially historic winter storm is set to slam the Mid-Atlantic and Northeast beginning Sunday, bringing heavy snow, damaging winds, and coastal flooding. As of Sunday morning, 35 million people are under Blizzard Warning alerts from the Mid-Atlantic through New England, according to a post on X from the National Weather Service Prediction Center. Meteorologists are already labeling the nor'easter as potentially historic and warn it could be the most intense blizzard to hit the Mid-Atlantic and Northeast in a decade. "IT"...