Article
Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income
Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income
The Fed's favorite inflation indicator - Core PCE - rose 0.3% MoM in January (as expected), a dip from the 0.4% sequential increase in February, with YoY rising by 3.2% (also as expected), slightly higher than the 3.0% in Feb. That is the highest annual increase in Core PCE since Nov 2023.
The headline PCE jumped notably more, as expected since it includes non-core items like energy and food, rising 0.7% MoM (as expected) driving prices up...
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Jun 29, 2026 / Tyler Durden
Watch: Giant Explosion Rocks Lebanon As IDF Destroys Hezbollah's Underground Drone Complex
Watch: Giant Explosion Rocks Lebanon As IDF Destroys Hezbollah's Underground Drone Complex
In a move bound to test the limits of the fragile Washington-brokered regional ceasefire, Israel has unleashed massive ordinance on southern Lebanon, saying it has utterly destroyed a huge underground complex built and used by Hezbollah.
Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz have freshly announced that the Israel Defense Forces (IDF) completely demolished a massive Hezbollah underground fortress embedded deep beneath the southern Lebanese village of Majdal Zoun. The village itself was leveled, with the IDF...
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Jul 31, 2026 / Tyler Durden
Judge Rejects States' Attempt To Block Medicaid Work Requirements
Judge Rejects States' Attempt To Block Medicaid Work Requirements
Authored by Zachary Stieber via The Epoch Times,
A federal judge on July 30 declined to block new work requirements for Medicaid recipients that states must implement by Jan. 1, 2027.
Judge Richard Stearns of the U.S. District Court for the District of Massachusetts turned down a request for a preliminary injunction made by Massachusetts and 25 other states to block the work requirements as the states’ legal challenge proceeds.
Stearns said in a six-page decision that the harms about which the states complained—added...
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May 23, 2026 / Tyler Durden
What 'Compassion' Isn't
What 'Compassion' Isn't
Authored by Laura Hollis via The Epoch Times (emphasis ours),
One of the most frustrating aspects of contemporary conversations about politics and public policy is how often the deleterious effects of terrible programs - local, state and federal - are brushed aside with distracting and even deceitful claims that the intentions behind the policies were "compassionate." This is an utterly wrongheaded analysis for many reasons. Laws, public policies, and government programs should be evaluated by their results, not by the state of mind of their advocates or sponsors.
Nathan...
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