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Rate-Hike Odds Remain Low As US Producer Prices Print Cooler Than Expected In July
Rate-Hike Odds Remain Low As US Producer Prices Print Cooler Than Expected In July
Following yesterday's cooling (in-line) consumer price inflation data (driven in large part by energy deflation), US producer prices were expected to rebound modestly in July from a 0.3% MoM decline (headline) in June.
Instead, headline Producer Prices were unchanged MoM (cooler than expected), pushing the annual change down from +5.5% to +4.7% YoY...
Source: Bloomberg
Core PPI (Ex Food and Energy) also printed cooler than expected (+0.2% MoM vs +0.3% MoM), dragging Core PPI YoY down to +4.2%...
Final demand...
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Tesla's New Roadster Reportedly Uses SpaceX Cold-Gas Thrusters To Fly
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Tesla plans to unveil a redesigned Roadster sports car with limited "flying" capabilities later this month, The Information reported Friday morning, citing people familiar with the matter. The report follows this week's comments from Tesla's chief vehicle designer, who said the long-delayed Roadster is "coming soon."
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US Raises Travel Advisory For Spanish Area Amid Illegal Immigrant Influx
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Authored by Jack Phillips via The Epoch Times,
The U.S. Department of State on Saturday increased a travel advisory for Ceuta, Spain, to a higher level due to unrest caused by a recent mass influx of illegal immigrants.
The agency said it updated its travel advisory for Americans to Ceuta to Level 3, or “reconsider travel,” due to “massive and uncontrolled arrival of migrants from Morocco to Ceuta” that could lead to an “unpredictable and dangerous security situation.”
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Apr 13, 2026 / Tyler Durden
YouTube Removes Pro-Iran Channel Producing Anti-Trump Videos
YouTube Removes Pro-Iran Channel Producing Anti-Trump Videos
Via Middle East Eye
Google, the owners of YouTube, has removed a channel on the platform belonging to a pro-Iran group producing Lego-themed videos mocking Donald Trump.
"Upon review, we’ve terminated the channel for violating our Spam, deceptive practices and scams policies," a YouTube spokesperson told Middle East Eye. "YouTube doesn’t allow spam, scams, or other deceptive practices that take advantage of the YouTube community."
Explosive Media's content largely consists of animations ridiculing the US war effort against Iran and poking fun at the US president.
YouTube did not specify...
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