Democratic Socialist Melat Kiros Ousts 15-Term Rep. Diana DeGette In Colorado Primary

Spain's Great Replacement: Half Of Unskilled Construction Workers Are Now Foreign Laborers Via Remix News, Spain's construction industry is undergoing rapid demographic changes. Foreign-born workers in unskilled construction roles now make up 52.6 percent of all workers, according to data from Randstad from the first quarter The data shows that foreign workers now exceed Spanish nationals for these unskilled roles by nearly 11,000 workers. The contrast is stark compared to pre-pandemic figures, when domestic laborers outnumbered foreign counterparts by more than 33,500. Overall, the construction industry has lost 22,711 Spanish workers since 2019...

Friends Don’t Let Friends Wear Dow Hats  Submitted by QTR's Fringe Finance At some point, probably sooner than most people think, the Dow Jones Industrial Average is going to hit 100,000. And when it does, you can already picture the scene. It’ll be like every major milestone the Dow has ever hit so far combined. CNBC will run a countdown. There will be breathless retrospectives about how far the market has come. Somebody will dig up footage from the New York Stock Exchange. And, almost certainly, we will print a stupid hat...

The Consumer Sentiment Disconnect From Economic Reality Authored by Lance Roberts via RealInvestmentAdvice.com, The University of Michigan’s Consumer Sentiment Index just printed 44.8 in May. That’s the worst reading since the survey began in 1952. That print was lower than in 2008 and the 1980 inflation panic. It was also worse than the COVID lockdowns, yet the S&P 500 continues to climb higher, Q1 corporate earnings posted 27% growth, and weekly jobless claims sit near cycle lows. That “disconnect” has sparked many statements on social media, such as: “GDP is growing at a healthy...