Core Durables Goods Surge For 12th Straight Month, Push Bond Yield Higher

Homeward Bound: Artemis II Leaves Lunar Space, Reveals 'Earthset' Photos Authored by T.J. Muscaro via The Epoch Times, The Artemis II astronauts are on their way home from the moon. NASA’s Reid Wiseman, Victor Glover, and Christina Koch, and the Canadian Space Agency’s Jeremy Hansen left lunar space just before 1:30 p.m. ET on April 7. After carrying humanity’s representatives to the farthest point in space ever ventured—where they witnessed cosmic wonders never before seen by mankind—the Orion spacecraft Integrity will return its crew to Earth’s gravity, targeting a splashdown in the Pacific. But it...

Johnson To Advance New 60-Day DHS Funding Package But Schumer Says DOA House Speaker Mike Johnson agreed to put a short-term DHS funding package on the floor The resolution would fund all of DHS, including ICE and CBP It would replace the Senate-passed bill on the House floor Chuck Schumer says it's 'DOA' Update (1340ET): After meeting with the Freedom Caucus, House Speaker Mike Johnson (R-LA) has agreed to advance a 60-day continuing resolution (CR) to the House Floor, which would fund all of DHS - including ICE and CBP - in lieu of the narrower Senate-passed bill. This...

US Producer Prices Cooler Than Expected In March Despite Surge In Energy Costs The month-over-month change in producer prices had accelerated for five straight months ahead of today's March data, which is expected to surge thanks to Iran-war impacts on energy costs. Against expectations of a 1.1% MoM rise, March's Headline PPI shocked everyone by rising only 0.5% MoM (equal to the revised lower 0.5% MoM rise in both of the last two months). This pushed PPI up 4.0% YoY (the highest since Feb 2023) but well below the +4.6% YoY...