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US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink
US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink
Following Japan's ugly PMIs (Services lowest since March 2025) and Europe's disaster (weakest composite EU PMI since late 2023)...
...with prices surging...
All eyes are on the US 'soft' survey data for signs of divergence (or contagion).
With US 'hard' data improving notably, the preliminary soft survey data for May was mixed with improved performance in manufacturing was countered by a sluggish service sector.
Flash US Services PMI Business Activity Index: 50.9 (April: 51.0). 2-month low.
Flash US Manufacturing PMI: 55.3 (April:...
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Mar 30, 2026 / Tyler Durden
US Office-To-Apartment Conversions Hit New Record: Report
US Office-To-Apartment Conversions Hit New Record: Report
Authored by Mary Prenon via The Epoch Times,
This year is another record year for the conversion of office buildings into residential apartments in the United States, according to a recent RentCafe report.
At the beginning of 2026, 90,300 apartments were in the process of conversion across America—a 28 percent increase from 70,600 last year, according to the March 24 report.
At 47 percent, office conversions now comprise almost half of all adaptive reuse projects nationwide, with the New York metro area leading the way with...
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Mar 5, 2026 / Dave DeCamp
House Kills Resolution To Halt Trump’s War on Iran
The House of Representatives on Thursday voted to kill a resolution meant to halt President Trump’s war on Iran without congressional authorization, as US-Israeli airstrikes continue to pound the country. The War Powers Resolution failed in a vote of 212-219, with just two Republicans, Reps. Thomas Massie (KY) and Warren Davidson (OH), supporting the measure. […]
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May 16, 2026 / Tyler Durden
One Of Russia's Largest Fuel Facilities Spews 'Black Rain' Over Ryazan After Deadly Ukrainian Drone Strike
One Of Russia's Largest Fuel Facilities Spews 'Black Rain' Over Ryazan After Deadly Ukrainian Drone Strike
An early Friday drone strike triggered a major fire at the Ryazan Oil Refinery, one of Russia's largest fuel production facilities, according to local residents and Russian monitoring channels.
Residents reported multiple loud explosions after drones were seen flying over the city, with videos circulating online showing flames and thick smoke rising from the refinery.
VKontakte/Moscow Times
"An ASTRA OSINT analyst has determined that in addition to two high-rise buildings, an oil refinery in the city was...
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