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US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%
US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%
In his preview of today's NFP report, Goldman's Delta One head wrote that "NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult combination for risk assets." With that in mind, moments ago the BLS reported that in April the...
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May 3, 2026 / Tyler Durden
Congrats, Elizabeth Warren, On The Death Of Spirit Airlines
Congrats, Elizabeth Warren, On The Death Of Spirit Airlines
Submitted by QTR's Fringe Finance
Elizabeth Warren has built an entire political career on presenting herself as the righteous defender of ordinary Americans against powerful corporations.
Every speech is some variation of the same script: she’s fighting for workers, fighting for consumers, fighting for families, and standing up to greedy executives and monopolistic corporations that are supposedly rigging the system against everyone else. It is a message carefully designed to make her sound like a populist champion of the middle class while putting...
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Mar 29, 2026 / Kyle Anzalone
Kim Oversees Test of New Engine for North Korean ICBM
North Korean Supreme Leader Kim Jong Un attended the tests of new missiles, including an upgraded engine for its intercontinental ballistic missiles (ICBM). North Korean state media reported on Sunday that Kim oversaw the tests of a new engine for its ICMB that generated significantly more thrust. He said, “The test [is] of great significance […]
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Jun 24, 2026 / Dave DeCamp
Katz Says the US Hasn’t Asked Israel To Withdraw from Lebanon
Israeli Defense Minister Israel Katz said on Wednesday that the US hasn’t asked Israel to withdraw its troops from southern Lebanon despite Iran maintaining that a withdrawal is necessary to implement the US-Iran Memorandum of Understanding, which calls for an end to Israel’s war. “We have announced that in any case we are not withdrawing […]
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