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US Industrial Production Disappoints In May Despite strong ISM Manufacturing data, US Industrial Production disappointed in May, rising just 0.1% MoM (vs +0.3% exp), but April's print was revised up to +0.9% MoM. Put together, that lifted the YoY rise in industrial production to +1.67% - its highest since Nov 2025... Manufacturing excluding motor vehicles and parts was also flat in May, according to the Fed report. Mining output, which includes energy extraction, increased 1.3%. Utilities output fell. US Manufacturing production was unchanged in May (below the 0.3% rise expected), but thanks to an...

Cartels Are Going 'Broke' As US Fentanyl Supply Drops By Almost 60%: Homan Authored by Darlene McCormick Sanchez via The Epoch Times, The Trump administration’s border crackdown is slowing the flow of deadly drugs into the country to the point that cartel profits have plummeted. ​Border czar Tom Homan said during an appearance at the Conservative Political Action Conference (CPAC) on Thursday that President Donald Trump’s operation to go after the Mexican cartels has been successful, and that they are now focusing their drug operations on Europe and Asia. ​“Cartels are going broke,”...