US Kills Two Men on Boat in the Eastern Pacific

Mamdani Touts First City-Owned Grocery Store Authored by Chris Wade via The Center Square, New York City Mayor Zohran Mamdani on Monday announced the site of the latest city-owned grocery store as the democratic socialist looks to make good on a key campaign pledge. The 20,000-square-foot store, located in the Bronx’s Hunts Point neighborhood, is part of a $70 million plan that includes opening stores in the city’s five boroughs. The plan calls for hiring a private operator to run the store under the city’s pricing rules. The South Bronx store will be part of a new...

The Building Blocks Of A Global Stagflationary Shock Are Falling Into Place By Peter de Groot, Head of Macro Strategy at Rabobank The Inflation Regime That Doesn't Fade As we noted at the outset of the Gulf conflict, history rarely repeats – but it often rhymes. The closure of the Strait of Hormuz is increasingly revealing a familiar pattern: the building blocks of a global stagflationary shock are falling into place. A closer look across inflation indicators in advanced economies shows a clear and consistent structure. The upstream impact has been immediate and...