Ansar Allah Launches More Attacks on Oil Sites in Saudi Arabia, Saudi-Backed Forces in Yemen

Ford Sales Post Sharp 14.4% Decline In April As EV & Hybrid Sales Plunge Ford Motor Company posted a sharp sales decline in April as demand for new vehicles cooled across much of the auto industry, with the company reporting a 14.4% drop year over year to 178,667 vehicles sold, according to Autoevolution. The weaker month pushed Ford’s year-to-date total to roughly 636,000 deliveries — still ahead of Hyundai Motor Company and Kia Corporation, but well behind Toyota Motor North America. Autoevolution writes that the slowdown comes as automakers face softer demand...

Trump Says New Israeli Attack On Beirut "Should Not Have Happened" - Also Warns Hezbollah "Let's Not Blow It" Update(1140ET): President Trump on Truth Social has sought to brush back the Israeli Sunday strikes on Beirut's southern suburbs, saying this morning's attack "should not have happened" and given it was on "a special day when we are so close to a Peace Deal with Iran. He emphasized, "We are very close to a Deal that will bring peace to the region, including to Lebanon, and all sides should stand down."  He warned...

Does Demand Create Supply? Authored by Frank Shostak via Mises Institute, By popular thinking, increases in demand cause economic growth. According to such thought, whenever the economy falls into a recession what is required is to strengthen demand. Since government is seen as an important part of total demand, what is then required is to increase government outlays, thereby lifting overall demand and hence increasing economic growth. According to the popular view, it is also possible to strengthen overall demand through the inflationary increases in money supply. With more money in their...