Oil Spikes As Iran Denies Progress Despite Hasty Lebanon Truce: US Talks Halted For 'At Least A Few Days'

Once and possibly future Iraqi Prime Minister Nouri al-Maliki’s candidacy is increasingly in doubt this weekend, with reports that President Trump’s demand he not be allowed to return to office increasing the possibility that the Coordination Framework bloc may withdraw him as their choice for premier. Last year’s Iraq elections ended with the usual deeply […]

Jobless Claims Continue To Show No Signs Of Labor Market Stress Initial jobless claims continue to hover near multi-decade lows, refusing to show any signs of labor market stress. Last week saw 212k American file for jobless benefits for the first time (below the 216k expected). Unadjusted claims tumbled to the lowest since September... Source: Bloomberg Michigan and New York saw the largest drop in initial jobless claims last week while Rhode Island and Oklahoma saw the bigger rise in claims... The number of Americans filing for continuing jobless claims also dropped last week...

California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high housing costs and high taxes. The state’s future is about to become a lot worse, as socialists are rising in power here.