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Florida & Texas Lead Jobless Claims Rebound From Near Record Lows
Florida & Texas Lead Jobless Claims Rebound From Near Record Lows
The number of Americans filing for unemployment benefits for the first time rose last week to 211k (more than the 205k expected), but remain well within the range of the last five years, near record lows...
Source: Bloomberg
Florida and Texas saw the biggest rise in initial claims while California and Michigan saw the largest declines...
Continuing jobless claims also rose modestly last week, up to 1.782mm Americans (but still well below the 1.9mm Maginot Line)...
Source: Bloomberg
Combined with last week's positive payrolls...
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May 12, 2026 / Dave DeCamp
Report: Saudi Arabia Launched Attacks Against Iran During US-Israeli Bombing Campaign
Reuters reported on Tuesday that Saudi Arabia launched numerous, unpublicized strikes against Iran during the US-Israeli bombing campaign, dubbed “Operation Epic Fury.” The report came a day after The Wall Street Journal reported that the UAE also launched direct attacks on Iran, including one that came after the ceasefire between the US and Iran came […]
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May 27, 2026 / Tyler Durden
SK Hynix Joins Trillion Dollar Club As Korean Stocks Echo Nasdaq's 1999 Meltup
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The breathtaking rally in South Korean stocks hit a couple of key milestones overnight.
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May 6, 2026 / Tyler Durden
Denver Leaders Reject Justice Department's Demand That City Repeal 'Assault Weapons' Ban
Denver Leaders Reject Justice Department's Demand That City Repeal 'Assault Weapons' Ban
Authored by Michael Clements via The Epoch Times,
Denver is refusing to repeal its 37-year-old ban on certain types of firearms known as “assault weapons.”
Harmeet Dhillon, assistant attorney general for the Justice Department’s Civil Rights Division, sent a demand letter on April 28 to Denver Mayor Mike Johnston and City Attorney Miko Brown, requesting the city repeal the ordinance, which has been in place since 1989.
In a May 4 response letter, Brown stated that the ordinance has withstood legal...
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