Article
US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
With Wall Street expecting a strong - not great - number, and a modest decline from April's 115K, moments ago the BLS reported a shocker: in May the US added 172K jobs...
... not only a 4-sigma beat to the median estimate of 88K, but also above the highest estimate of 125K.
The change in total nonfarm payroll employment for March was revised up by 29,000, fromĀ +185,000 to +214,000, and the change for...
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Mar 23, 2026 / Tyler Durden
Iran FM Says No Talks With US After Trump Threatens To 'Just Keep Bombing' If Efforts Fail, Wants Hormuz To Be 'Jointly Controlled'
Iran FM Says No Talks With US After Trump Threatens To 'Just Keep Bombing' If Efforts Fail, Wants Hormuz To Be 'Jointly Controlled'
Summary
Trump announces "productive" talks with Iran, "postpones" military strikes for 5 days
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Jun 2, 2026 / Dave DeCamp
Israeli Attacks in Gaza Kill Three Palestinians
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May 18, 2026 / Tyler Durden
"Scale Matters": NextEra, Dominion To Merge In Utility Megadeal Aimed At Grid Expansion To Power AI Boom
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As power demand surges on the back of data-center buildouts, with hyperscalers expected to unleash about $700 billion in capex this year to expand AI infrastructure and maintain an edge over China in the AI compute race, NextEra Energy and Dominion Energy are moving to scale up. The utilities agreed to a $67 billion all-stock merger that would create the world's largest regulated electric utility network.
Dominion shareholders will receive .8138 NextEra shares for...
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