Outgoing UK PM "Proud To Have The Gayest Parliament Of All Time Anywhere In The World"

UBS Reactivates Supply-Chain Stress Watch After Detecting Alarmingly Rapid Deterioration One week after Maersk CEO Vincent Clerc warned CNBC of a "new wake-up call" for global trade amid the ongoing disruption of the Strait of Hormuz and a deepening energy crisis that could intensify further in June, UBS analysts are out with a new note telling clients they have "reactivated" their Global Supply Chain Stress Index in response to increasingly alarming signals emerging across global logistics networks. "Supply chain stress is rising at its fastest pace since the early pandemic," UBS...

Job Openings Unexpectedly Surge By Almost 400K: Biggest Increase Since 2024 Is the mini recession in the US job market ending?  After slumping in late 2025, it has been a rocky road for the US labor market, especially after the February payrolls print shocked with how bad it was. But according to the latest JOLTS job openings and turnover report published by the BLS moments ago, by the time the February NFP picture was taking place, the seeds of a recovery may have been planted already thanks to a surge in...

US Grows Only 1.5% In Q2, Badly Missing Estimates, Despite Strong Spending, Investment The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. According to the BEA, GDP (inflation adjusted) rose just 1.5% in the period, according to the first estimate issued Thursday by the Bureau of Economic Analysis. This was well below the 2.0% median estimate.  The contributors to the increase in real GDP in the second quarter were increases in consumer spending, investment, and exports...