JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes

'Slow Hire, No Fire' Economy Confirmed As Jobless Claims Drop Near Record Lows The number of Americans filing for unemployment benefits for the first time dropped to just 208k last week - back near its lowest level on record... ...and still showing no signs of stress in the US Labor market. Continuing jobless claims also fell last week to 1.805 million Americans... And all of this positive labor market (no fire) news comes as payrolls suggests weaker growth... It appears the US economy has morphed into a 'slow hire, no fire' regime. ...

Nord Stream Sabotage Trial Begins With Explosive Allegations Against Ukraine Authored by RFE/RL staff via OilPrice.com, A German court is trying former Ukrainian officer Serhii Kuznetsov over his alleged role in coordinating the September 2022 Nord Stream pipeline sabotage. German prosecutors allege the operation was conducted on behalf of Ukrainian state authorities, although Kyiv denies involvement and no Ukrainian political leadership role has been established. The trial could intensify political disputes in Germany over continued military assistance to Ukraine, particularly among opposition parties critical of Berlin's support. After four years of speculation, leaks, and...

Tesla Posts Strong Registration Growth Across Europe In May Tesla showed signs of regaining momentum in Europe during May, posting strong registration growth across several major markets, according to Reuters. New registrations climbed to 1,750 vehicles in Denmark (+136%), 1,690 in Spain (+113%), and 858 in Sweden (+71%), based on data released by local industry groups. Reuters writes that the trend extended across the region. Norway recorded 3,345 Tesla registrations, up 29% from a year earlier, while France saw registrations rise to 5,446 vehicles—more than seven times last year's level. The gains come...