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Jobless Claims Jump As US Tech Firms Announce Most Job Cuts In 2 Years
Jobless Claims Jump As US Tech Firms Announce Most Job Cuts In 2 Years
The number of Americans filing for unemployment benefits for the first time jumped to its highest in three months last week at 225k (215k exp), but this remains well within the range of the last five years...
Source: Bloomberg
The biggest increase in initial claims came from California while Texas saw the biggest decline...
Continuing Jobless Claims dipped to 1.777 million Americans (remaining below the 1.8mm Maginot Line), just above two year lows...
Source: Bloomberg
However, despite the seemingly solid claims...
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Jul 2, 2026 / Tyler Durden
Alive And Kicking: News Of Woke's Death Is Greatly Exaggerated
Alive And Kicking: News Of Woke's Death Is Greatly Exaggerated
Authored by John Murawski via RealClearInvestigations,
Just a few years ago, wearing a sombrero on Halloween could get you banished from polite society for the social crime of "cultural appropriation." Nutrition experts argued that preventing obesity was a form of racialized "fatphobia," even as scientific names of songbirds were purged in a moral campaign presumably aimed at white supremacy. Meanwhile, a slew of studies and papers and articles argued that punctuality, excellence, and other forms of professionalism are "the systemic, institutionalized...
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Jul 7, 2026 / Tyler Durden
How Interceptor Missiles Work: The Technology Behind Stopping Missiles In Mid-Air
How Interceptor Missiles Work: The Technology Behind Stopping Missiles In Mid-Air
Authored by Kaif Shaikh via Interesting Engineering,
Intercepting a missile sounds straightforward. Launch another missile at it before it reaches its target. In reality, it is one of the most technically demanding challenges of defense.
Here's how modern interceptor missiles protect against aircraft, cruise missiles, and ballistic threats.Getty Images
Unlike offensive missiles, interceptor missiles must detect, track, calculate, and collide with a target that may be traveling several times the speed of sound, often within a matter of minutes. Some even destroy...
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Mar 5, 2026 / Tyler Durden
UBS Discusses Next Maritime Chokepoint Investors Should Watch
UBS Discusses Next Maritime Chokepoint Investors Should Watch
A lot of attention has centered on the Strait of Hormuz since the waterway was effectively shut not only by the IRGC drone threat, but mostly because maritime insurers are withdrawing war-risk coverage across the region. Our focus now shifts to the other critical maritime chokepoints. If Washington can pressure Iranian oil flows and, by extension, curb China's cheap Gulf crude flows, then the Taiwan Strait and South China Sea also emerge as potential flashpoints that traders can no longer afford to...
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