The U.S. Wants To Ban Chinese Cars, But They're Already At The Gate

Jobless Claims Jump As US Tech Firms Announce Most Job Cuts In 2 Years The number of Americans filing for unemployment benefits for the first time jumped to its highest in three months last week at 225k (215k exp), but this remains well within the range of the last five years... Source: Bloomberg The biggest increase in initial claims came from California while Texas saw the biggest decline... Continuing Jobless Claims dipped to 1.777 million Americans (remaining below the 1.8mm Maginot Line), just above two year lows... Source: Bloomberg However, despite the seemingly solid claims...

Stranded By Molly Schwartz, cross-asset macro strategist at Rabobank Markets laid in wait for war-related headlines yesterday after Trump truthed on Monday night that “negotiations with the Islamic Republic of Iran” were “proceeding nicely.” It’s also possible that “proceeding nicely” meant that the US was once again escalating to de-escalate, as hours later the US military confirmed reports of strikes against Iranian military assets, including speedboats which were laying mines in the Strait. While the news reel was sparsely populated, it did flag that the US Navy was restarting to guide...

An Iranian official said on Monday that nearly half of the Iranians killed by the US-Israeli bombing campaign that began on February 28 and has been paused since April 8 were civilians, as strikes pounded civilian targets throughout the war. According to Tehran Times, Jamshid Nazmi, an advisor at Iran’s Foundation of Martyrs and Veterans […]