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Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump

Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump After two consecutive outsized jumps in consumer credit in the months of March and April, when gas prices surged and inflation resumed its track higher, lifting most prices as a result of the war in Iran, moments ago the Fed published its latest consumer credit (G.19) report for the month of May and it was a doozy: instead of the expected $17.5BN increase, in May total consumer credit unexpectedly shrank for the first time since...
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Jun 5, 2026 / Tyler Durden
The French Never Wanted Mass Immigration
The French Never Wanted Mass Immigration Via Remix News, French leaders know how to manipulate their voters, but the voters are also apparently easily manipulated. Every leader from French President Emmanuel Macron to François Mitterrand in the 1980s has decried immigration numbers and promised a crackdown, all while allowing immigration numbers to continuously climb year after year. Here are just some relevant quotes: Emmanuel Macron said in 2023: “There is an immigration problem in France.” In 2016, then French President François Hollande said, “There are too many arrivals, immigration that shouldn’t be there.” In 2023,...
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Feb 19, 2026 / Dave DeCamp
Head of US Southern Command Visits Venezuela, Meets With Acting President Rodriguez
Gen. Francis L. Donovan, the head of US Southern Command, visited Venezuela on Wednesday and met with Venezuelan Acting President Delcy Rodriguez, a visit that came less than two months after the US attacked Venezuela and abducted President Nicolas Maduro. According to a press release from Rodriguez’s office, during the meeting, both sides “agreed to […]
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Jun 9, 2026 / Jason Ditz
14 Killed, 31 Wounded in Latest Israeli Strikes Across Southern Lebanon
The ceasefire in Lebanon seems as tenuous as ever, with Israeli troops carrying out a flurry of strikes across southern Lebanon, leaving at least 14 people dead and 31 others wounded, and bringing the overall death toll since the Israeli invasion began to 3,666 killed. The largest number of casualties reported were in the city […]
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