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Mar 4, 2026 / Tyler Durden
Services ISM Smashes Estimates, Prints At 56.1 Highest Since 2022, As Prices Paid Tumble
Services ISM Smashes Estimates, Prints At 56.1 Highest Since 2022, As Prices Paid Tumble After the Manufacturing ISM print earlier this week came modestly stronger than expected (albeit with the Prices Paid component spiking and sending 10Y yields higher), some were expecting a similar improvement in today's Services ISM print. What they got instead, was a blowout number, and one suggesting that whatever weakness the US economy was in for much of the latter part of 2025, is now over. At 10:00am ET, the ISM Services print came out at 56.1,...
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May 1, 2026 / Tyler Durden
Estée Lauder Accelerates Turnaround, Adds 3,000 Jobs To Chopping Block
Estée Lauder Accelerates Turnaround, Adds 3,000 Jobs To Chopping Block Beauty and cosmetics giant Estée Lauder is accelerating its workforce restructuring, announcing Friday morning that it will cut another 3,000 jobs, bringing total planned reductions to as many as 10,000 roles. The move is expected to unlock hundreds of millions of dollars in additional savings. Still, it also suggests a deeper reset in the company's workforce after its hiring spree leading up to  Covid, potentially putting a long-term cap on headcount. The owner of Clinique, La Mer, MAC, Aveda, Bobbi...
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Apr 6, 2026 / Tyler Durden
Watch Live: Artemis II Breaks Record For Farthest Crewed Flight From Earth
Watch Live: Artemis II Breaks Record For Farthest Crewed Flight From Earth The human race is now flying farther from its home planet than at any other time in history. At approximately 1:57 p.m. on April 6, NASA’s Reid Wiseman, Victor Glover, and Christina Koch, as well as the Canadian Space Agency’s Jeremy Hansen, flew their Orion spacecraft Integrity beyond 248,655 statute miles—a record set by Apollo 13 almost exactly 56 years ago. The pioneering moment came at the beginning of Day 6 of Artemis II’s 10-day test flight, and mere...
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