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US Consumer Prices Are Rising At Their Fastest Pace In 3 Years
US Consumer Prices Are Rising At Their Fastest Pace In 3 Years
Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars continue.
As a reminder, March saw headline CPI in line (energy) while Core CPI actually printed cooler than expected. and we suspect most attention will be on the...
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May 8, 2026 / Tyler Durden
Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
The automaker projected operating income of ¥3 trillion for the fiscal year ending March 2027, well below both analyst expectations of ¥4.6 trillion and last year’s ¥3.8 trillion.
The company said supply chain disruptions are driving up costs for aluminum, resins, and other materials, while logistics issues remain unpredictable. Toyota estimates the regional...
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Mar 15, 2026 / Tyler Durden
"New Era" Begins In Venezuela As U.S. Flag Is Raised At Embassy For First Time In Years
"New Era" Begins In Venezuela As U.S. Flag Is Raised At Embassy For First Time In Years
The United States Embassy in Caracas announced on X early Saturday morning that the U.S. flag was raised for the first time in seven years, stating that "a new era has begun for relations between the United States and Venezuela."
"On the morning of March 14, 2019, the American flag was lowered for the last time at the United States Embassy in Caracas. This morning, March 14, 2026, at the same hour, my team...
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Jul 8, 2026 / Ludwig von Mises
Chapter 1: The Foundations of Liberal Policy
The first principles of liberal politics—private property, freedom, peace, and equality before the law—with a critique of the doctrine of force, fascism, and the proper limits of government.
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