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Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job
Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job
On the surface today's jobs report was very strong: headline payrolls came in nearly double the expected (115K vs 65K), with unemployment flat just so Trump's chief economist Kevin Hassett could push bullish taking points in today's TV circuit such as this one.
*HASSETT: 'RIP-ROARING' JOBS MARKET
Unfortunately, below the surface this was the ugliest jobs report in years, and one could say even more cooked than last month's laughable surge in jobs (which...
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Apr 20, 2026 / Tyler Durden
World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility
World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility
By Michael Kern of OilPrice.com
Seasonally lower demand ahead of the peak summer driving season and the continued turbulence in the Middle East could extend the violent oil price swings for months ahead, the top executive of oil trader Gunvor has told the Financial Times.
“It is a little bit of a more challenging, softer period that we need to be careful of,” Gary Pedersen, chairman and CEO of Gunvor Group, told FT in an interview published on Monday.
“Frankly, it could...
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Apr 8, 2026 / Tyler Durden
Tanker Passage Through Hormuz Halted As Iran Accuses Israel Of 'Ceasefire Breach'; Direct Talks Planned For Pakistan Friday
Apr 1, 2026 / Tyler Durden
Watch Live: NASA Launches Artemis II Moon Rocket
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