US Officials Work on Creating Pretexts To Attack Cuba

Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income The Fed's favorite inflation indicator - Core PCE - rose 0.3% MoM in January (as expected), a dip from the 0.4% sequential increase in February, with YoY rising by 3.2% (also as expected), slightly higher than the 3.0% in Feb. That is the highest annual increase in Core PCE since Nov 2023.  The headline PCE jumped notably more, as expected since it includes non-core items like energy and food, rising 0.7% MoM (as expected) driving prices up...

Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right' Summary: Trump Confirms possible U.S. Gov't takeover of Spirit  WSJ says the Trump administration's possible $500 million rescue deal could leave the U.S. government with 90% control. WSJ says Commerce Secretary Howard Lutnick is leading the effort in U.S.-Spirit talks. BBG reported earlier on a potential $500 million rescue loan for Spirit. News of a possible rescue loan for Spirit emerged last week. Polymarket:   US takes a stake in Spirit Airlines by May 31? Yes 36% · No 64%View full market & trade...

Ansar Allah announced that Yemen will begin preventing Saudi ships from transiting the Bab al-Mandab Strait. Riyadh has relied on its Red Sea ports to export oil following Iran’s closure of the Strait of Hormuz.  On Monday, the Yemeni Armed Forces said it was imposing the blockade in response to Saudi’s blockade of Yemen and […]