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UMich Sentiment Bounces Off Record Low In June, Inflation Fears Fade
UMich Sentiment Bounces Off Record Low In June, Inflation Fears Fade
After reaching all-time record lows in May, analysts expected UMich's Sentiment index to rebound modestly in preliminary June data and it did, up from 44.8 to 48.9 (well above 46.0 exp), with consumers experiencing some relief due to the early-month easing in gasoline prices.
Source: Bloomberg
"This measured improvement in sentiment was widespread, seen across age, education, and political party," said Surveys of Consumers Director Joanne Hsu, adding that "lower-income consumers exhibited a particularly strong sentiment increase, consistent with the fact that...
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Mar 22, 2026 / Tyler Durden
Trump HHS Launches Probe Into 13 States Over Abortion Coverage Mandates
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The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR), is investigating 13 Democrat-run states for allegedly forcing employers' health insurance plans to cover abortions. Officials say these rules trample the Weldon Amendment's federal conscience protections.
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Nov 13, 2026 / Tyler Durden
Denmark Tallied What Every Resident Pays And Takes... Guess Which Migrants Come Out $11,000 Short
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Denmark's Finance Ministry added up the taxes paid and the public spending on each resident and sorted the results by origin: immigrants from the Middle East, North Africa, Pakistan and Turkey cost the state a net DKK 74,000 (about $11,000) each in 2019, while immigrants from Western countries paid in DKK 52,000 (about $7,700) a head more than they drew.The numbers, published in 2023, resurfaced overnight in a post on X calling them "brutal," with...
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