Dowd: US Disabilities Hit An All-Time High Of 37 Million In July: UP 23% Since Feb 2021

Reuters Peddles Fake News After Defense Contractor Misuses Civilian Starlink Terminals Reuters dropped another misleading article today - this time attempting to manufacture drama between the Pentagon and SpaceX over Starlink usage during the Iran conflict. The story framed routine commercial contract discussions and terms-of-service enforcement as major "tensions" and growing Pentagon reliance giving Elon Musk undue leverage. Reuters' version of events was that SpaceX used wartime urgency to raise the price of Starlink connections on U.S. drones from roughly $5,000 to $25,000 per terminal, forcing the Pentagon to pay up while...

Wayfair CFO's Muted Home-Goods Demand Outlook Offers More Bad News For Realtors Wayfair CFO Kate Gulliver appeared at JPMorgan's conference Monday morning in a discussion with the bank's retail analyst, Christopher Horvers. What caught our attention in the 35-minute conversation, which ranged from the online home-goods retailer's financial position to broader consumer trends, was Gulliver's outlook on home goods and housing markets. A more active housing market typically drives demand for big-ticket home purchases such as sofas, tables, and other furnishings sold on Wayfair's online platform. However, her forecast for the remainder...

Jerí, a 39-year-old lawyer, was elected to Peru’s Congress in 2021 for Somos Peru, a small conservative party. The removal follows allegations of collusion with Chinese businessmen.