Trump Suggests He Could Restart Yemen Bombing Campaign in Response to Red Sea Blockade

US Services Surveys Disappoint In April Amid Stench Of Stagflation Despite Manufacturing surveys solid (and US factory orders surging), expectations are for the Services sector surveys today to show stagflationary signals (weak growth, surging prices). S&P Global's Services PMI disappointed in April (final), falling from its flash print of 51.3 to 51.0, but still up from multi-year lows below 50 in March, showing just marginal activity growth despite weak drop in sales volumes. ISM Services PMI also disappointed in April, falling from 54.0 to 53.6 (vs 53.7 exp) amid tumbling new orders and...

Red Cross Declares National Blood Crisis As Type-O Supply Falls Below One-Day Inventory The American Red Cross declared a national blood crisis Monday, warning that its supply of type O positive blood has fallen below a one-day national inventory and that summer donations are running at their lowest level in four years. The shortfall has already caused the organization to restrict distributions of type O blood to hospitals, a step that can force providers to prioritize among patients awaiting transfusions. The Surgeon General's office has joined the Red Cross in calling...

'I Could've Kept It That Way': Trump Admits The Inflation Is His Choice - For A War That 'Isn't A War' In a wide-ranging interview in which he touted record stock prices and rebranded weapons-grade uranium as "nuclear dust" (and then stormed out), President Donald Trump said the quiet part out loud: the prices Americans are paying at the pump are not an accident. This was all his decision. "I could've kept it that way," Trump told NBC's Kristen Welker in an interview taped in a rain-battered Wisconsin barn before he...