April Money Supply Growth Hit a 49-Month High. And Prices Soared.

Heavily Shorted Hertz Soars On Uber Robotaxi Deal Heavily shorted shares of rental-car company Hertz are soaring in premarket trading after the company announced a partnership with Uber Technologies to scale both autonomous robotaxi and driver-led rideshare operations. Hertz’s Oro Mobility unit will be used as a fleet-management system for Uber’s next-generation mobility network of autonomous robotaxis. This means Oro will support the critical operating layer: charging, maintenance, repairs, cleaning, depot staffing, and vehicle logistics. "Through its partnerships with Uber, Oro will deliver scalable operational and maintenance services across both autonomous and...

The Hinge Of History That Was 2020 Via The Brownstone Institute, “Shocking 105 million Americans are not working – more than during Covid or the Great Recession,” blared the New York Post.  Finally that’s something.  The graph alone tells the story. You thought that having the government forcibly send millions of people into lethargy and sloth, bankrupting millions of smaller businesses, slicing and dicing workers into essential and nonessential, would be devastating for labor force participation. It’s actually worse now than in the depths of the lockdowns, and 10.8 million more than were out of the...

Lithuania’s parliament on Tuesday took the first step toward lifting a ban on the deployment of nuclear weapons in its territory, a move that comes after President Trump said he’s considering establishing a permanent US military base in the country. One hundred and six members of Lithuania’s 141-seat unicameral parliament, the Seimas, voted to advance […]