Article
'Slow Hire, No Fire' Economy Confirmed As Jobless Claims Drop Near Record Lows
'Slow Hire, No Fire' Economy Confirmed As Jobless Claims Drop Near Record Lows
The number of Americans filing for unemployment benefits for the first time dropped to just 208k last week - back near its lowest level on record...
...and still showing no signs of stress in the US Labor market.
Continuing jobless claims also fell last week to 1.805 million Americans...
And all of this positive labor market (no fire) news comes as payrolls suggests weaker growth...
It appears the US economy has morphed into a 'slow hire, no fire' regime.
...
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Apr 9, 2026 / Tyler Durden
Turns Out the Elites Like The Administrative State Better Than Democracy
Turns Out the Elites Like The Administrative State Better Than Democracy
Authored by William L. Anderson via MisesInstitute,
If there is a mantra among progressive American political and media elites, it would be “our democracy,” usually preceded by what they believe to be a threat from the Right. For example, progressives deemed the recent reversal of Roe “a threat to our democracy” because it removed laws regulating abortion from Supreme Court jurisdiction and returned the issue to democratically elected legislatures.
It would seem inconsistent to invoke the democratic electoral process to deal with...
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May 29, 2026 / Tyler Durden
Biden's Weaponized DOJ Ruined Tate Adamiak's Life. Top Gun Rights Group Calls On Trump To Pardon
Biden's Weaponized DOJ Ruined Tate Adamiak's Life. Top Gun Rights Group Calls On Trump To Pardon
Via Gun Owners of America,
In 2022 during the Biden Administration, federal agents arrested Patrick "Tate" Adamiak, a U.S. Navy sailor with no violent history or criminal record.
Tate's crime? He was a firearms enthusiast.
If that sounds like an exaggeration, it's not. Biden's weaponized DOJ charged Tate with violations of the National Firearms Act for having collectible firearm parts at home. Importantly, NONE of these items was an actual "firearm" under the NFA - at least,...
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May 15, 2026 / Tyler Durden
The Fed Is Losing Its Biggest Dove
The Fed Is Losing Its Biggest Dove
Via RealInvestmentAdvice.com,
Jerome Powell’s term as Fed Chairman expires today, with Kevin Warsh now confirmed by the Senate as his successor.
The transition has implications beyond a change in the Fed’s leadership.
Further, Stephen Miran, who was appointed Fed Governor in September 2025 to fill the vacancy left by Adriana Kugler, is seeing his term come to an end.
Most noteworthy during his term, he dissented at all six FOMC meetings he attended, consistently pushing for 50-basis-point rate cuts.
It’s not a stretch to say he was the...
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