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Futures Fall, Chipmakers Tumble After Samsung Rout; Oil Climbs
Futures Fall, Chipmakers Tumble After Samsung Rout; Oil Climbs
Stocks fell as freash volatility hit chipmakers after blowout earnings from Samsung Electronics were still not good enough (the company missed some buyside estimates) and left investors wanting even more, and sent its stock tumbling as much as 11%, forcing another 20 minute halt of the Kospi. As of 8:00am ET, S&P futures were down 0.2% and Nasdaq futures fall 1%, with chip stocks sliding in premarket trading (both Micron and Sandisk dropped more than 5%), following a tech led selloff in Asia, while...
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Jul 4, 2026 / Tyler Durden
German Clampdown On Sick Leave: No More Phoning It In, Doc Note Needed On Day 1
German Clampdown On Sick Leave: No More Phoning It In, Doc Note Needed On Day 1
In a stark departure from its reputation for employee-coddling, the German government is attacking the mass abuse of sick leave with strict new policies that would require a doctor's note obtained on the very first day an employee is sick, with no ability to simply take a sick day with a mere phone call. The reform package also targets retirement ages, tax rates, regulations, welfare benefits and the ease of hiring and firing. It's...
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Mar 25, 2026 / Tyler Durden
Fuels (And Canada) Spark US Import/Export Price Surge In February
Fuels (And Canada) Spark US Import/Export Price Surge In February
As we have noted numerous times in the last week or two, inflation fears are back (or rather stagflation) as growth stagnates and prices re-accelerate...
This morning we get yet more confirmation of the second wave of inflation as US Import/Export prices blew expectations away...
US Import prices jumped by 1.5% MoM (the third monthly rise in a row) - the biggest MoM jump since March 2022.
The acceleration in prices pushed import costs up 1.3% YoY - highest since Feb 2025.
Under the...
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May 22, 2026 / Joshua Mawhorter
The Great Reversal: How Social Contract Theory Became State Apologetics
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
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