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Food Retailers Troubled By This Chart
Food Retailers Troubled By This Chart
Consumer staples and food retail equity analyst Scott Marks at Jefferies told clients Saturday that one of the most concerning charts for food retailers is the sharp decline in average benefits per SNAP participant under the Trump administration, as the USDA intensifies efforts to root out fraud, waste, and abuse.
SNAP's elevated payment error rates are setting up a new fiscal fight between the Trump administration and states.
Marks said food retailers are caught in the crosshairs:
SNAP error rates set up state cost-sharing showdown. USDA...
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Israel Developing Offensive Space Capabilities
Israel Developing Offensive Space Capabilities
Authored by Ioannis Vlahos via Antiwar.com,
Israel is currently prepared to begin development of offensive space capabilities, including systems designed to defend Israeli satellites from hostile spacecraft, and weapons (including lasers) capable of striking targets from space.
It is part of the Defense Ministry's multiyear budget plan for the space sector, which will include upgrading and expanding IDF (Israel Defense Forces) intelligence and communications capabilities. The plan will also dedicate a budget to support offensive space operations, which will focus on weapons designed to protect Israeli satellites...
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Sep 3, 2026 / Tyler Durden
COVID-19: The Great Forgetting
COVID-19: The Great Forgetting
Authored by John MacLeod via The Critic,
We have repressed the memories of the pandemic that changed all of our lives...
It is a little drawer in a cabinet by my bedside and I have not opened it in years. I have to steel myself to open it now. And, yes, they are all there yet in every variety - black, chequered, colourful.
The ear-looped face-coverings behind which I spluttered for two long years, tugging on and off as needs be, as we queued obediently outside supermarkets, danced on...
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Jun 15, 2026 / Tyler Durden
Three Factors Leave Salty-Snack Demand Stale
Three Factors Leave Salty-Snack Demand Stale
UBS analyst Peter Grom, who covers U.S. consumer staples including packaged food, beverages, and household products, served up a sour outlook for the salty-snack category, warning that the recovery investors had hoped for remains further out than expected.
"Despite recent optimism around a potential recovery in salty snacks, our analysis would suggest the category remains challenged. While tracked channel growth has turned positive relative to prior periods, we have observed momentum beginning to moderate with L13W $ takeaway growth decelerating to +1.2% vs. the +3.4%...
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