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ADP Employment Report Shows 12th Straight Month Of Job Gains
ADP Employment Report Shows 12th Straight Month Of Job Gains
With jobless claims still hovering near multi-decade lows and Job Openings soaring, and despite near record low consumer sentiment (particularly about the labor market), ADP was expected to report another strong employment report this morning with the US economy adding 120k jobs.
The actual print was a disappointing +98k, but still represented the 12th straight month of employment gains...
Source: Bloomberg
Once again Small Business led the charge with hiring, but the gains were seen across all firm sizes...
Interestingly, only the Natural Resources...
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Pelosi's Monster: The Creation And Destruction Of Eric Swalwell
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Authored by Jonathan Turley via jonathanturley.org,
In Mary Shelley’s famous work, Dr. Frankenstein is asked, “Accursed creator! Why did you form a monster so hideous that even you turned from me in disgust?”
This week, Rep. Eric Swalwell (D. Calif.), the leading Democratic candidate for California governor, may wish he could ask that of former Speaker Rep. Nancy Pelosi (D., Calif.). After sexual assault allegations were raised by former staff members, Pelosi, Sen. Adam Schiff (D., Calif.), and even his close friend (and...
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May 15, 2026 / Tyler Durden
Gemini Space Station Soars On $100 Million Winklevoss Investment
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Heavily shorted Gemini Space Station soared in premarket trading after Tyler and Cameron Winklevoss injected $100 million into the money-losing crypto exchange, buying Class A shares at $14 apiece in a bitcoin-funded transaction.
GEMI shares are up 20% in premarket trading after closing at $5.26 on Thursday, though the stock remains down 47% year to date.
Short interest is high at 21.5% of the float, equivalent to roughly 8.3 million shares, with 5.3 days to cover, leaving GEMI vulnerable to a squeeze...
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Former Haitian Police Officer And Naturalized US Citizen Pleads Guilty To Gun Running
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Authored by Michael Clements via The Epoch Times,
A naturalized U.S. citizen and former Haitian National Police officer pleaded guilty to smuggling at least 140 firearms to Haiti.
Soldiers patrol amid the sound of gunshots heard in the distance in Port-au-Prince, Haiti, on Oct. 17, 2024. Odelyn Joseph/AP Photo
Jean Robert Casimir, 53, of Lauderhill, Florida, pleaded guilty in U.S. District Court for the District of Columbia to conspiracy, smuggling, and violation of the Export Control Reform Act on Tuesday,...
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