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Despite Slumping Sentiment & Lower Gas Prices, The American Consumer Is Still Spending Strongly
Despite Slumping Sentiment & Lower Gas Prices, The American Consumer Is Still Spending Strongly
While headline spend at gas stations is expected to decline (due to tumbling pump prices), BofA's almost omniscient analysts forecast a stronger than consensus print for today's US Retail Sales data.
After a big jump in May (revised up), June's Headline retail sales rose 0.2% MoM (as expected), with sales up 6.7% YoY (down modestly)...
Gasoline Stations sales saw the biggest decline (along with small drops in Health Personal Care and Food and Beverage). Nonstore Retailers saw the...
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Nov 3, 2026 / Tyler Durden
Second Wave Of Cyberattacks Paralyze Supermarket Fridges Across EU, Weeks After Gov'ts Urged Food Stockpiling
Second Wave Of Cyberattacks Paralyze Supermarket Fridges Across EU, Weeks After Gov'ts Urged Food Stockpiling
Cyberattacks disrupted supermarket refrigeration systems across Sweden, Belgium, Luxembourg, Ireland and Estonia on Monday morning, forcing retailers to discard spoiled food and exposing the last mile of the food supply chain to major disruptions. The cyberattacks came just weeks after governments urged households to maintain emergency food supplies.Reuters reports that supermarket chains Ahold Delhaize and Colruyt reported cyberattacks affecting critical refrigeration systems in Belgium and Luxembourg. Carrefour said 15 Belgian stores were impacted, while Irish...
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Sep 16, 2026 / Tyler Durden
Kremlin Blasts Finland Joining French-Led Nuclear Deterrent Initiative: 'Real Risks'
Kremlin Blasts Finland Joining French-Led Nuclear Deterrent Initiative: 'Real Risks'
Russia's foreign ministry has issued key warnings to Western officials and nations on Tuesday. The ministry's spokesperson Maria Zakharova addressed recent provocative actions and signaling among NATO allies, which could lead to more nuclear saber-rattling.
She weighed in on a widely reported French security initiative to bring European countries under its nuclear umbrella at a moment Washington is seen as taking a step back from NATO leadership amid Trump complaints Europe is not shouldering enough of the burden.
Finnish-led war games, Getty Images
Zakharova...
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Oct 5, 2026 / Tyler Durden
UK Taxpayers (Unknowingly) Funding Free Hijabs For Illegal Immigrants
UK Taxpayers (Unknowingly) Funding Free Hijabs For Illegal Immigrants
Authored by Steve Watson via Modernity.news,
The British government has been handing out thousands of hijabs to illegal migrants washing up on the shores of the country in boats, while Home Office staff have been spending time in Calais cooking meals for them.
Internal figures show 974 hijabs issued to small-boat arrivals between January and June, at a rate of 162 a month. Run that rate forward and the year's total is already past 1,000 and heading for 1,500.
The same clothing data also...
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