Report: Classified Intelligence Claims Cuba Acquiring Drones for Potential Conflict with the US

Another JOLT: Jobs Opening Smash Expectations, Despite Another Drop In Number Of Hires Another month, another whopping beat by the BLS JOLTS job openings report. One month after the April JOLTS report came out with a whopping 9-sigma beat to estimates, when it showed that in April the US added a whopping 731K job openings to 7.618 million (and up 520K from a year ago), smashing estimates of 6.9 million, moments ago the BLS reported that in May, the number of total job openings printed at 7.594 million, almost as if...

Rickards: The Dollar's Not Dying Authored by James Rickards via The Daily Reckoning, Last week's financial media was full of apocalyptic headlines: "$40 trillion in national debt!" "U.S. debt in a doom loop!" "The end of the dollar is near!" Gold and bitcoin soared in lockstep with the dollar doom and gloom. If you took the headlines at face value, one would assume the dollar was already toast and U.S. Treasuries were worth no more than digital confetti. The truth is that the dollar's position as the leading reserve currency is not in...

Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran Via The Cradle The UAE tried but failed to persuade neighboring states, including Saudi Arabia and Qatar, to take part in a coordinated military attack on Iran, Bloomberg reported Friday, citing sources familiar with the matter. UAE President Mohammed bin Zayed (MbZ) spoke by phone with Saudi Crown Prince Mohammed bin Salman (MbS) and other regional leaders to propose the coordinated attacks, shortly after the US and Israel launched the war on Iran on February 28, the sources said. During the calls, MbZ argued that...