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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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Mar 14, 2026 / Tyler Durden
"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit'
"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit' The Department of War is reportedly building a 30-person investment banking team, called the "Economic Defense Unit," to deploy $200 billion in private equity over three years into defense companies and, more importantly, war unicorns, as the race to secure the Western Hemisphere and counter China, Russia, and Iran intensifies in the Trump era. Seamfor reviewed a slide deck from the headhunting firm Heidrick & Struggles that says DoW is seeking to stack EDU with bankers from Goldman...
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May 5, 2026 / Tyler Durden
Meteorologists Sound Alarm Over El Nino Plume Racing Across Pacific Like "Freight Train"
Meteorologists Sound Alarm Over El Nino Plume Racing Across Pacific Like "Freight Train" Meteorologists on X are once again warning about a powerful El Niño, pointing to a new plume of warm subsurface water moving across the Pacific "like a freight train." The latest water temperature data suggest that El Niño later this year could rank among the strongest on record, with potentially significant implications for the Lower 48. "Updated El Niño forecast for this summer/autumn is 'off the charts' EXTREME with 'boiling red' map colors along Equatorial central and...
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Mar 16, 2026 / Kurt Nimmo
Trump Attacks Iran’s Oil Terminal on Kharg Island
President Trump and his War Department confront a quandary. The effort to topple the government of Iran and destroy its ability to protect itself has stalled. It is common knowledge airstrikes alone are unable to accomplish the goal of unseating a government. The only option for Trump is to send ground troops. On March 11, Senator […]
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