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US Services Surveys Disappoint In April Amid Stench Of Stagflation
US Services Surveys Disappoint In April Amid Stench Of Stagflation
Despite Manufacturing surveys solid (and US factory orders surging), expectations are for the Services sector surveys today to show stagflationary signals (weak growth, surging prices).
S&P Global's Services PMI disappointed in April (final), falling from its flash print of 51.3 to 51.0, but still up from multi-year lows below 50 in March, showing just marginal activity growth despite weak drop in sales volumes.
ISM Services PMI also disappointed in April, falling from 54.0 to 53.6 (vs 53.7 exp) amid tumbling new orders and...
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Apr 17, 2026 / Tyler Durden
Critical Metals Shares Surge 40% After Expanding Rare Earth Mining Position In Greenland
Critical Metals Shares Surge 40% After Expanding Rare Earth Mining Position In Greenland
Critical Metals Corp. shares have surged as much as 45% in trading today after the company significantly expanded its position in Greenland’s Tanbreez rare earth project, tightening its grip on a resource it sees as central to a US-friendly supply chain, according to Bloomberg.
It marks the biggest intraday gain in half a year and lifting the company’s valuation to roughly $1.7 billion.
According to documents reviewed by Bloomberg, the firm raised its ownership to 92.5% by purchasing the...
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Jun 23, 2026 / Tyler Durden
Starmer's Gone, But UK's Right May Have Little To Cheer About
Starmer's Gone, But UK's Right May Have Little To Cheer About
Authored by Remix News via Modernity News,
The deeply unpopular British Prime Minister, Keir Starmer, announced his resignation on Monday morning, but despite his upcoming departure, the right may have little to cheer about.
During a speech outside Downing Street, Starmer announced he was stepping down after holding office since July 7, 2024. In that election, his Labour Party won 412 seats, securing a comfortable majority and decimating the Tories, who had governed Britain since 2010.
Starmer revealed on the morning of...
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Apr 3, 2026 / Tyler Durden
March Jobs Shocker: Payrolls Soar By 178K Most Since 2024, Blowing Away All Estimates; Unemployment Rate Drops
March Jobs Shocker: Payrolls Soar By 178K Most Since 2024, Blowing Away All Estimates; Unemployment Rate Drops
We titled our nonfarm payroll preview post "a substantial bounce" and boy were we right: with consensus expecting a material rebound from February's negative print (which was revised as usual worse, from -92K to -133K), what the BLS reported instead was a huge beat to expectations of a 65K increase, with March jobs reportedly rising by 178K, the biggest increase since December 2024.
The number was driven entirely by a surge in private workers...
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