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US Manufacturing Hits 49-Month High As 'Input Costs Show Signs Of Cooling'
US Manufacturing Hits 49-Month High As 'Input Costs Show Signs Of Cooling'
This morning we found out that Euro-area business activity shrank less than anticipated in June (Services up/beat, Manufacturing down/miss).
S&P Global’s Composite PMI rose to 49.5 from 48.5, topping estimates but remaining below the 50 mark that indicates growth.
"The eurozone economy is showing enough resilience to just about stay out of recession. "
However, the UK’s economy contracted for a second consecutive month (both Services and Manufacturing lower), with its PMI slipping to a 14-month low.
"A disappointing June ‘flash’ PMI...
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Mar 19, 2026 / Kyle Anzalone
Department of War Seeks $200 Billion to Fund Iran War
The Department of War says it needs $200 billion in additional funds for the war against Iran. Pentagon chief Pete Hegseth suggested the number could go higher. According to a senior administration official speaking with The AP, the Department of War submitted the spending request to the White House. Congress will have to pass a […]
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Jun 1, 2026 / Tyler Durden
London Bans Israel Critics Hassan Piker, Cenk Uyghur From Entering UK
London Bans Israel Critics Hassan Piker, Cenk Uyghur From Entering UK
Via The Cradle
Pro-Palestine streamer and commentator Hassan Piker was banned from visiting the UK by the British Home Office, ahead of his planned meeting with former Labour Party chief Jeremy Corbyn. Piker was also due to meet with Green Party leader Zack Polanski. "The UK has revoked my visa as well. All at the behest of Israel. The west is betraying ‘liberal values’ for a genocidal fascist foreign government. Soon we will all become Israel," Piker said on X on 1 June.
Cenk...
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Jul 28, 2026 / Tyler Durden
Guess Who? First Foreign Leader Visits Burnham, UK's New Prime Minister
Guess Who? First Foreign Leader Visits Burnham, UK's New Prime Minister
Guess who?... None other than Ukrainian President Volodymyr Zelensky has touched down in the UK for his meeting with new UK Prime Minister Andy Burnham.
"Volodymyr, you are the first head of state or government I have congratulated since taking office as Prime Minister. And that is no coincidence. It is intended to send a very clear message: We stand 100% with Ukraine," said Burnham.
The PM only took office last week, and Zelensky marks Burnham's very first international visitor. For Zelensky,...
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