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US Industrial Production Disappoints In May
US Industrial Production Disappoints In May
Despite strong ISM Manufacturing data, US Industrial Production disappointed in May, rising just 0.1% MoM (vs +0.3% exp), but April's print was revised up to +0.9% MoM. Put together, that lifted the YoY rise in industrial production to +1.67% - its highest since Nov 2025...
Manufacturing excluding motor vehicles and parts was also flat in May, according to the Fed report.
Mining output, which includes energy extraction, increased 1.3%.
Utilities output fell.
US Manufacturing production was unchanged in May (below the 0.3% rise expected), but thanks to an...
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Jun 26, 2026 / Tyler Durden
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For the first time since the US-Iran MoU was signed earlier this month, the International Atomic Energy Agency (IAEA) announced it will have access to Iran for official inspections of the country's nuclear facilities.
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Sep 11, 2026 / Tyler Durden
UAE Moves To 'War-Proof' Data Centers After Iranian Retaliatory Strikes
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Via The Cradle
The UAE is redrawing its plans for a five-gigawatt artificial intelligence (AI) data center project, one of the largest anywhere outside the US, after Iranian retaliatory strikes on infrastructure across the Gulf forced the Emirates to rethink how and where critical facilities are built, Reuters reported on Friday.
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Four of...
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Oct 13, 2026 / Tyler Durden
Trump Hints At Possible Meeting With North Korean Leader
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Authored by Aldgra Fredly via The Epoch Times,
U.S. President Donald Trump said on Oct. 12 that he might meet with North Korean leader Kim Jong Un during his planned visit to Asia next month.
U.S. President Donald Trump meets with North Korean leader Kim Jong Un at the North Korean side of the border at the village of Panmunjom in Demilitarized Zone, on June 30, 2019. Susan Walsh/AP PhotoAsked by a reporter whether he expects to meet Kim during the trip, Trump...
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