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Americans' Real Wages Are Shrinking As CPI Tops 4% For First Time In 3 Years
Americans' Real Wages Are Shrinking As CPI Tops 4% For First Time In 3 Years
With expectations of a 4%-plus print, all eyes are on this morning's CPI report as we move past April's shutdown-related distortions.
Headline CPI rose 0.5% MoM (as expected) in May, lifting prices 4.2% YoY (also as expected). The first 4%-plus print since April 2023...
Core Goods prices deflated in May while Energy remains a notable contributor...
CPI details:
Headline: The all items index rose 4.2 percent for the 12 months ending May, after rising 3.8 percent for the 12 months...
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May 5, 2026 / Tyler Durden
Industry Leaders Warn Chinese EV Imports Will Undercut Canada's Auto Sector, Bring Major Security Risks
Industry Leaders Warn Chinese EV Imports Will Undercut Canada's Auto Sector, Bring Major Security Risks
Authored by Paul Rowan Brian via The Epoch Times (emphasis ours),
A number of industry leaders and policy experts are warning that the government’s permission of importing Chinese-made electric vehicles (EVs) into Canada at low tariff rates will undermine Canada’s auto sector and cause a number of substantial national security risks.
Models stand next to a latest EV car from Chinese automaker BYD showcased at the Auto China 2026 in Beijing on April 25, 2026. Andy Wong/AP...
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Apr 23, 2026 / Jason Ditz
Israeli Troops Say Mass Looting of Occupied Southern Lebanon ‘Routine’
South of the newly-established Yellow Line, Israel has established de facto military occupation of over 50 Lebanese municipalities, and has been demolishing homes and preventing the return to displaced locals. The destruction goes deeper than that, however. A new report from Israel’s Haaretz quotes numerous Israeli soldiers within southern Lebanon saying that the looting of […]
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Mar 4, 2026
Mearsheimer: "it is almost impossible for me to see how Israel and the US win this war."
"It seems that victory for this aggressive tag team requires not only regime change in Iran, but replacing the regime with new leaders who are subservient to Israeli and American wishes."
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