Article
Americans' Savings-Rate Slumps In April As Fed's Favorite Inflation Signal Soars
Americans' Savings-Rate Slumps In April As Fed's Favorite Inflation Signal Soars
After accelerating significantly in March, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.2% MoM in April (less than expected +0.3% MoM), but pulled up the YoY measure to +3.3% (as expected) - its highest since Nov 2023.
The rise in Services costs (headlined by Housing & Utilities, Financial Services, and Healthcare) dominated the increase in Core PCE YoY...
The headline PCE...
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Sep 24, 2026 / Tyler Durden
Carney Says He Studied Prospect Of US Invading Canada Under Trump: "Extreme Tail Risk"
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In a wild and unexpected comment, but which illustrates how tense things remain between Canada and the Trump administration on the trade front, the country's Prime Minister Mark Carney bluntly stated in a new interview he had geared up for an "extreme tail risk" of a US invasion.
In a New York Times interview published Wednesday Carney was questioned on his reaction to President Trump's eyeing a takeover of Canada. The US President at one point in the recent...
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Jun 14, 2026 / Tyler Durden
Fear Of The Signal: Why The State Urgently Wants To Bind Prediction Markets
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Authored by Angelo Monaco via The Mises Institute,
A predictive market like Polymarket or Kalshi is a financial exchange where people buy and sell contracts based on the outcome of real-world events. The price of a contract fluctuates between one cent and 99 cents based on supply and demand, directly reflecting the crowd’s collective probability estimate that the event will happen. If the event occurs, the contract settles at one dollar, allowing accurate forecasters to profit while aggregating...
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Sep 8, 2026 / Tyler Durden
Ukraine's 'Mood Swing' Against Zelensky: Widespread Fraud, Wartime Protests, Unpopular Dismissals
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The mainstream media is turning on Ukrainian President Volodymyr Zelensky, and more and more of his population may be doing the same, at a moment of multiple high level corruption cases running straight through the presidential office.
To review, this was the second straight summer that controversial decisions by Zelensky sparked rare war time protests in Ukraine. In summer of 2025, Zelensky moved to weaken and de-legitimize two key national anti-corruption bodies. After, he came under immense pressure, also from Europe, and...
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