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May Auto Demand "Stronger Than Expectations", Deutsche Says
May Auto Demand "Stronger Than Expectations", Deutsche Says
In a preview of May U.S. auto sales, Deutsche Bank analyst Edison Yu and his team said industry demand appears to be holding up better than expected. They estimate the seasonally adjusted annual selling rate (SAAR) reached 15.9 million units during the month, modestly above last year's pace of roughly 15.7 million. While total vehicle sales are projected to be slightly lower than a year ago, the comparison is skewed by one fewer selling day in May 2026.
After adjusting for that calendar...
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May 1, 2026 / Tyler Durden
Trump Says Spirit Airlines Rescue Still In Review, Final Proposal Coming
Trump Says Spirit Airlines Rescue Still In Review, Final Proposal Coming
Summary:
Trump says Spirit received the final proposal for the lifeline deal
WSJ reported that bankrupt Spirit Airlines was preparing to shutter operations
President Trump comments on Spirit Airlines:
TRUMP: GAVE SPIRIT FINAL PROPOSAL
TRUMP SAYS US STILL LOOKING AT SPIRIT, WILL GIVE FINAL PROPOSAL
TRUMP SAYS TRYING TO HELP SPIRIT, CITING JOBS
TRUMP SAYS WILL HAVE SOMETHING ON SPIRIT TODAY OR TOMORROW
WSJ Reports Spirit Airlines Prepares To Shutter Operations
The Wall Street Journal reports that bankrupt Spirit Airlines is preparing to wind down operations after failing to...
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Jun 5, 2026 / Tyler Durden
University Of Oregon Grapples With Budget Crisis After Years Of Woke Excess
University Of Oregon Grapples With Budget Crisis After Years Of Woke Excess
Authored by Jonathan Turley,
It appears that being unrelentingly woke means that you need fewer dormitories. The University of Oregon is facing a major budget crisis and will cut $65 million from its budget and close dorms due to low enrollment. That growing crisis, however, did not stop Oregon from burning almost a million dollars fighting against free speech. It also did not induce its faculty to offer greater intellectual diversity and tolerance to prospective students. Oregon is a cautionary tale...
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Jun 4, 2026 / Tyler Durden
Hezbollah Chief Rejects US-Mediated Israel Truce; Trump To Maintain Ceasefire With Iran Unless American Troops Killed
Hezbollah Chief Rejects US-Mediated Israel Truce; Trump To Maintain Ceasefire With Iran Unless American Troops Killed
Summary
Hezbollah chief rejects outcome of Lebanon-Israel talks, insisting that a truce must encompass whole country.
WSJ reports that the White House intends to maintain a ceasefire with Iran unless American troops are killed; oil drops also after Trump states on TS
Trump lashes out after House War Powers votes passes Wednesday evening, attacking especially four Republicans who voted in favor.
Trump downplayed Iran's attacks on US bases in Kuwait & Bahrain, saying "they were slightly provoked...so they...
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