Article
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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Aug 10, 2026 / Dave DeCamp
Ukrainian Drone Attack on Russian City of Nizhnekamsk Kills 13, Including a Child
A Ukrainian drone attack on Monday hit the Russian city of Nizhnekamsk in the Tatarstan region, more than 600 miles from the Ukrainian border, and killed at least 13 people, including a child, and wounded 75, as the US-backed Ukrainian drone attacks continue to inflict a significant toll on civilians. Russian Foreign Ministry spokesman Maria […]
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Apr 22, 2026 / Tyler Durden
Roblox Settles With 3 States Over Endangering Children, Will Pay $36 Million
Roblox Settles With 3 States Over Endangering Children, Will Pay $36 Million
Authored by Naveen Athrappully via The Epoch Times,
Online interactive gaming platform Roblox has agreed to settle with West Virginia, Alabama, and Nevada for a combined $35.78 million, committing to strengthen children’s safety through measures such as mandatory age verification and chat restrictions.
Roblox reached an $11.08 million settlement with West Virginia. In an April 21 statement, the office of West Virginia Attorney General John B. McCuskey said that Roblox has agreed to “major child safety overhaul.” The settlement came...
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Sep 1, 2026 / Tyler Durden
Restaurants Face GLP-1 Squeeze As Adopt-Or-Die Inflection Arrives
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Bernstein's latest GLP-1 tracker has Eli Lilly's Mounjaro leading script growth, with downstream effects compounding pressure on the restaurant industry already facing weakening consumer confidence, as gas prices nationwide remain above a politically sensitive $4 a gallon in late summer.
Turning to UBS's latest note on the restaurant industry, Dennis Geiger, who covers U.S. restaurants and consumer discretionary names, wrote in a note on Sunday that restaurant investors are struggling to identify opportunities across the space amid sharp share-price volatility, weakening consumer confidence, growing uncertainty...
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