Europe Bets On Newsom To Reverse Trump's America - And Save Its Own Model

Despite Record Low Sentiment, US Retail Sales See Strongest Annual Gain In 8 Months After a big jump in March, retail sales likely cooled in April, according to BofA's almost omniscient forecast as they see spending on gasoline providing a smaller boost and auto sales moderating, after an early Easter pulled forward some seasonal demand into March. The “holiday shift” dynamic also may have contributed to softer activity after Easter. However, the actual print was +0.5% MoM (as consensus expected - and hotter than BofA's forecast), lifting sales by 4.9% YoY...

Goldman: Fast Food's 'Bang For The Buck' Gains As Casual Dining Appeal Craters Goldman analyst Christine Cho has published her latest quarterly survey of 2,000 consumers for 1Q26, pointing to a softer restaurant environment. Muted demand backdrop suggests that the K-shaped economy continues to fester, with working-poor consumers still facing the greatest downward pressure. Respondents expect their visits to limited-service restaurants (LSRs), restaurants where customers generally order and pay at a counter, kiosk, drive-thru, or app, such as McDonald's, Burger King, Wendy's, Chipotle, CAVA, Sweetgreen, Panera, and others, to hold steady...

Second Youth-Center Gang-Rape Case Emerges As Cover-Up Fears Grow In Germany Via Remix News, A mother in Lower Saxony who found a disturbing video on her daughter’s phone that revealed that she was gang raped inside a church-run youth center by three teens, including a Syrian, Iranian, and Dutch national, in Gnarrenburg. However, once the story came out, it only grew darker, as it was revealed that staff, church officials and local authorities subsequently did everything possible to bury the story. This gang rape comes after national news reports revealed that a...