Democratic Socialist Mamdani Wants Democratic Party To Move Further Left Ahead Of 2028

Iraq’s Coordination Framework is still putting forward Nouri al-Maliki as its candidate for prime minister, despite President Trump loudly and repeatedly demand he be withdrawn. The US is now reportedly setting a deadline of Friday, February 27, to end the candidacy or face unspecified repercussions. If that sounds familiar, it’s because the US had similarly […]

China In Talks With Iran For Safe Passage Through Hormuz, As WH Scrambles To Contain Rising Energy Prices Summary: House votes against war powers: The US House of Representatives has rejected an effort to curb President Donald Trump's ability to wage war in Iran, a day after a similar bid collapsed in the Senate. House rejected in a 219-212 vote along party lines - was largely ceremonial and was unlikely to survive an expected veto from the president: BBC. Unconfirmed: Iraqi police say a US fighter jet crashed in southern Basra province, with the pilot ejecting...

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...