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US Savings Rate Tumbles Despite Lowest Jobless Claims Data In 57 Years
US Savings Rate Tumbles Despite Lowest Jobless Claims Data In 57 Years
The number of Americans filing for unemployment benefits remained near its lowest levels since 1969 last week at just 197k (below the 200k exp)...
Continuing jobless claims are also falling back to cyclical lows...
Additionally, both income and spending are also trending higher...
But overall, the savings rate is tumbling...
So, the 'low hire, no fire' economy leaves Americans still spending but higher prices are forcing savings to be drawn down to maintain quality of life.
Tyler...
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May 12, 2026 / Tyler Durden
Global Coal Demand Surges As Middle East Energy Crisis Deepens
Global Coal Demand Surges As Middle East Energy Crisis Deepens
Authored by Tsvetana Paraskova via Oilprice.com,
Global coal shipments and imports surged in March and April as buyers scrambled for fuel amid massively disrupted oil and gas supply from the Middle East.
The trend has been accelerating in recent weeks, and global coal imports are on track to reach their third-highest monthly level on record, according to estimates by analytics platform Kpler cited by the Financial Times.
In the wake of the worst oil and gas supply disruption in history, coal is back in...
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Apr 3, 2026 / Kurt Nimmo
Trump and the Phantom Dead of Iran
Not long ago, Trump and crew claimed the evil mullahs in Iran slaughtered 30,000 of their own citizens. Since that time, there has been a revision. Now Trump insists the number is 45,000. Larger numbers look better when it is the only fabrication that might be used as an excuse for dropping more bombs on Tehran […]
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Aug 26, 2026 / Tyler Durden
Iran Says Persian-Language Media Outlets 'Funded By CIA' Are Military Targets
Iran Says Persian-Language Media Outlets 'Funded By CIA' Are Military Targets
One key tool Washington has long utilized for influence operations and covert regime change plotting abroad has long been the establishment of foreign media for political messaging.
The idea is that a foreign language satellite news channel gets presented as 'independent' while in reality it beams propaganda onto a unsuspecting population within a so-called 'rogue' state being targeted by the US.
For example, WikiLeaks previously revealed that US intelligence invested heavily in such projects to bolster anti-Assad forces and sentiment in...
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