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"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May
"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May
With US hard data taking a beating (relative to expectations) last week (red line below), analysts remain hopeful that US Manufacturing will hold up (durable goods orders were solid) with this morning's Manufacturing PMIs set to signal stability.
The final May S&P Global US Manufacturing rose to 55.1 (down from the 55.3 flash print) but the strongest since April 2022
ISM's Manufacturing PMI survey also signaled improvement, up from 52.7 to 54.0 (better than 53.0 expected).
"At first glance, the...
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May 12, 2026 / Tyler Durden
Kevin Warsh Cleared By Senate For 14‑Year Fed Board Seat
Kevin Warsh Cleared By Senate For 14‑Year Fed Board Seat
Authored by Andrew Moran via The Epoch Times,
Kevin Warsh will be returning to the Federal Reserve Board of Governors.
The U.S. Senate voted 51–45 to approve Warsh’s nomination to a 14-year term on the central bank’s board on May 12, joining six other members. Four senators did not file a vote.
Sen. John Fetterman (D-Pa.) crossed party lines to support President Donald Trump’s nominee.
Warsh’s tenure as Fed governor will run until 2040.
He previously served on the board from 2006 to 2011, when...
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Feb 15, 2026 / Dave DeCamp
Israeli Attacks Kill at Least 12 Palestinians in Gaza
Israeli forces killed at least 12 Palestinians in Gaza on Sunday, according to the enclave’s rescue agency, as the IDF continues killing Palestinians in the Strip despite the US-backed ceasefire deal. Gaza’s Civil Defense said that one Israeli strike hit a tent sheltering displaced Palestinians in Jabalia, northern Gaza, killing at least five people. Another […]
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Aug 27, 2026 / Tyler Durden
Full-Face Veils Banned In Portugal After President Signs 'Burqa Law'
Full-Face Veils Banned In Portugal After President Signs 'Burqa Law'
Via Remix News,
Portuguese President António José Seguro has officially signed into law a bill banning face-concealing attire in public spaces, with the move seen targeting the full-face Islamic veils like the burqa and niqab.
Addressing the national debate, President Seguro framed the decision around human interaction, stating:
"The face should be considered a central element of human identity and communication."
However, the former Socialist Party leader acknowledged the controversial nature of the ban, recognizing it as a matter of significant cultural and social...
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