US Jobs Jump 115K, Smashing Estimates; Umemployment Rate Unchanged At 4.3%

NATO Minus US: European Militaries Won't Add Up To Deter Russia Authored by John Haughey via The Epoch Times (emphasis ours), The North Atlantic Treaty Organization’s European nations would need to bolster standing militaries by at least 300,000 troops and significantly boost defense spending beyond 3.5 percent of gross domestic product - at least 250 billion euros - while reviving and integrating their industrial base to defend themselves against Russia without the United States. And they’d need to do that fast, according to a 2025 joint analysis by European think tanks Bruegel...

Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10% Futures extend Monday's losses as the Tech tape continues to unravel; global Semis were hit yesterday and again overnight (despite the best attempts of Goldman and JPM to force retail to buy the falling knives) with Asian stocks and especially Korea (-10%) bearing the brunt with fears of Chinese competition accelerating the sell-off and then spilling back over into the US. As of 7:00am ET, S&P futures are down 0.2% with tech slammed pushing the Nasdaq 0.9% lower...

'Money Laundering'? Newsom Used Donations To Inflate Book Sales Authored by Luis Cornelio via HeadlineUSA, California Gov. Gavin Newsom and his allies spent weeks boasting that his book, Young Man in a Hurry, became a “best-seller” within hours of its March release. However, a new report found those sales were largely driven by Newsom’s own super PAC using donor funds. FILE - California Gov. Gavin Newsom speaks during a press conference in Los Angeles, Wednesday, Sept. 25, 2024. (AP Photo/Eric Thayer, File) The book, published March 10 and centered on Newsom’s upbringing in...