"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns

The Vatican on Thursday released a video of Pope Leo XIV praying for world leaders to seek peace and disarmament as the US-Israeli war against Iran continues to escalate and spread across the region. “Today we lift up our prayer for peace in the world, asking that nations renounce weapons and choose the path of […]

Here's What's Happening Inside Convenience Stores As Gas And Diesel Spike We continue to track convenience store trends as an indicator of working-class sentiment, building on our coverage of the spending pullback that emerged early in the US-Iran conflict. That weakness persisted into late summer as August's fuel-price spike put further pressure on household budgets. The Gulf conflict and a global refining squeeze pushed regular gasoline above $4.50 a gallon and diesel above $5.50 in August, leaving consumers with less room for discretionary purchases. Jefferies food analyst Scott Marks published a...

Verizon Blames 'Human Error' For Burying A Jack Smith Subpoena From Congress Senate Judiciary Chairman Chuck Grassley (R-IA) and fifteen colleagues sent a letter to Verizon on Thursday demanding the telecom giant explain how a 2023 grand jury subpoena tied to Jack Smith's "Arctic Frost" investigation vanished from its own paperwork for more than two years - only to resurface after the company chalked the omission up to "human error." The letter, addressed to Verizon CEO Dan Schulman, is the latest turn in Grassley's monthslong excavation of Arctic Frost - the...