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Inflation Expectations Dip, Driven By Lower Gas Prices, While Labor Market Prospects Worsen: NY Fed Survey
Inflation Expectations Dip, Driven By Lower Gas Prices, While Labor Market Prospects Worsen: NY Fed Survey
Ahead of Wednesday's CPI report which is expected to show a substantial rise in consumer prices, moments ago we got an early look into how consumers view inflation after the NY Fed's latest monthly survey of consumer expectations reported that inflation expectations at the one-year horizon dipped to 3.46% in May from 3.64% in April, easing from the highest print since September 2023. Inflation expectations were unchanged at 3.1% for the three-year-ahead horizon and...
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Jul 14, 2026 / Tyler Durden
The UK Government Lobbied For Putting Migrants And Trans People On Banknotes
The UK Government Lobbied For Putting Migrants And Trans People On Banknotes
Authored by Steve Watson via Modernity News,
The UK's own Cabinet Office pushed hard to overhaul banknotes by elevating LGBT+ and ethnic minority figures, claiming historic greats like Winston Churchill gave an "incomplete picture" of British identity. This push came just before the Bank of England decided to ditch those same towering historical figures for images of hedgehogs and foxes.
This latest revelation exposes the ideological machinery at work inside Whitehall. While the public recoiled at the idea of swapping...
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Jul 14, 2026 / Tyler Durden
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Summary:
Lucid Reponds, Denies AlixPartners Has Recommended Bankruptcy Route
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Lucid Denies Report
Lucid responded to Electric-Vehicles.com's report, stating that restructuring adviser AlixPartners has not recommended bankruptcy.
Bloomberg headline:
LUCID SAYS ALIXPARTNERS HAS NOT RECOMMENDED BANKRUPTCY
Electric-Vehicles.com's report did mention that another strategic option would be a take-private transaction.
Here are Lucid's top shareholders:
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Shares of struggling EV maker Lucid plunged as much as 49% after auto-industry news website Electric-Vehicles.com reported...
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Mar 31, 2026 / Dave DeCamp
Trump Tells Other Countries Reliant on the Strait of Hormuz To Go and ‘Take It’
President Trump said in a post on Truth Social on Tuesday that other countries that are reliant on energy shipments through the Strait of Hormuz should get involved militarily and “take it” from Iran, as the Iranian military continues to control the strategic waterway. “All of those countries that can’t get jet fuel because of the Strait […]
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