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US Adds Only 57K Jobs, Missing Estimates, As Unemployment Rate Slides On Plunge In Workers

US Adds Only 57K Jobs, Missing Estimates, As Unemployment Rate Slides On Plunge In Workers In our jobs preview post we quoted Goldman Delta One head, Rich Privorotsky, who said that "equities marginally want something weaker than consensus: with no forward guidance, hot NFP means hikes in play, which is unfriendly for pockets of equity risk." Well, they got it because moments ago the BLS reported that in June the US added just 57K workers, half the 113K expected, and the worst monthly print since the big February drop.  Except for...
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May 15, 2026 / Tyler Durden
DHS Pushes Forward With Large-Scale Warehouse Immigration Detention Hubs
DHS Pushes Forward With Large-Scale Warehouse Immigration Detention Hubs Via American Greatness, The Department of Homeland Security (DHS) is continuing efforts to transform warehouses into large-scale immigration detention centers despite a growing number of politically motivated lawsuits. Officials with US Immigration and Customs Enforcement (ICE) recently discussed plans to award contracts for construction and operations at warehouse sites in San Antonio and near El Paso, according to people briefed on the internal meetings. The administration is also examining how to continue work at a site near Hagerstown, Maryland, while complying with a...
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Mar 19, 2026 / Rep. John J. Duncan Jr.
Iran War Is Putting Israel First
Reagan Carney, a really fine young man with whom we go to church, told me a few days ago that the University of Tennessee Young Republicans had a board on which members could express their opinions about the war in Iran. The board had only one question: “Is the Iran war putting America first?” At […]
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May 6, 2026 / Tyler Durden
S&P500 Futs Jump, Bonds Rally, Oil Tanks On Axios Report U.S.-Iran Nearing Deal
S&P500 Futs Jump, Bonds Rally, Oil Tanks On Axios Report U.S.-Iran Nearing Deal Axios reports that the White House is nearing a preliminary deal with Iran to end the war. This is based on a 14-point, one-page memorandum that creates a 30-day negotiating window for a broader nuclear and Strait of Hormuz deal. News of this sparked risk on in U.S. equity index futures, WTI fell to the $95-a-barrel handle, and U.S. Treasury yields dipped. "The U.S. expects Iranian responses on several key points in the next 48 hours. Nothing has...
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