US Consumer Prices Are Rising At Their Fastest Pace In 3 Years

At least 11 more people have been killed today as Israel continues its airstrikes against Lebanon, with substantial focuses of the strikes being residential areas and a hotel in the Christian-majority part of the capital city of Beirut. The Comfort Hotel, in between Hamzieh and Baabda, was directly across the street from the Sacre Coeur […]

UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends In a continuation of our note on the health of America's restaurant industry, we cite UBS analyst Dennis Geiger for a second straight week, as his coverage of the consumer and restaurant sectors has been spot on. Sentiment toward chain eateries remains "generally cautious," with macro pressures, elevated gas prices, and weak demand among lower-income consumers continuing to weigh on traffic and sales trends. Last week, Geiger warned, "Challenged traffic and sales trends likely reflect depressed consumer sentiment across several cohorts,...

The war in Iran is unlawful and unconstitutional, but in post-World War II America, it is normal. Here is the backstory. When President Donald Trump decided to begin bombing Iran last June, he did not state a coherent or lawful reason for doing so. His director of national intelligence and his own CIA had publicly […]