The Push For A Robotic Workforce: Chris Murphy Introduces Bill For Massive Minimum Wage Hike

Those who use Catholic social teaching to defend socialism forget Pope Leo XIII’s Rerum Novarum, published in 1891, which strongly condemned socialism and defended private property.

UK Gilt Yields Near 30-Year Highs As Political/Geopolitical Fears Spark Trussian Chaos Anyone has been in the bond markets for more than a minute remembers the fall of 2022 when UK PM Liz Truss was unceremoniously dumped by her own party after serving 45 days in office as the Gilts market collapsed at unprecedented speed amid economic chaos triggered by her 'mini-budget' (and multiple ministerial resignations). The reason we reminisce is that this morning - after a long-weekend closed - UK Gilt yields are soaring once again... to their highest level...

Oil Slides On Reports Of 'Breakthrough' Coming For Stuck Ships In Hormuz, As US Awaits Tehran's Response To Fresh Proposal Summary Sentiment in early morning trade was lifted after Al Arabiya reported that "the coming hours will witness a breakthrough for the situation of the ships stuck in the strait". Pakistani sources said Trump has demanded Iran's "immediate response" to Washington's peace proposal. White House on Wednesday had said it expects a response to the latest offer within 48 hours. French nuclear-powered carrier steams through Suez Canal in support mission as Europe seeks diplomatic influence...