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World Cup Hangover Triggers Retail Sales Slump In July, K-Shaped Economy Waning

World Cup Hangover Triggers Retail Sales Slump In July, K-Shaped Economy Waning Based on BofA's almost omniscient analysts, traders should expect a big disappointment this morning from US retail sales as the bank's data showed a huge drop in online retail (card not present) in July... ...because Prime Day and related promotions were pulled forward from July to June this year. Many other retail categories also saw m/m declines, including clothing, gas (due to lower prices) and furniture. Other factors driving the weakness in July likely included the heat wave around July 4...
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Nov 13, 2026 / Tyler Durden
AOC Suggests Impeaching Supreme Court Justices Because They "Legalized A Lot Of His Criminality"
AOC Suggests Impeaching Supreme Court Justices Because They "Legalized A Lot Of His Criminality" Authored by Jonathan Turley,Democrats appear to be adopting an "impeach-them-all-and-let-God-sort-them-out" approach to the upcoming session of Congress.Rep. Alexandria Ocasio-Cortez (D-NY) suggested this week that Democrats may want to impeach United States Supreme Court justices because "you know, they kind of legalized a lot of his criminality."The democratic socialist has been promising "many, many, many" investigations into what she now calls the "criminals" in the Administration. In an interview with CNN's Manu Raju, she added the justices...
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Nov 12, 2026 / Tyler Durden
Follow The Money: Florida Subpoenas DSA Over Cuban, Chinese Cash Days After Socialist Election Sweep
Sep 22, 2026 / Tyler Durden
Wholesale Gas Prices Are Reaching Consumers Faster, ECB Says
Wholesale Gas Prices Are Reaching Consumers Faster, ECB Says By Michael Kern of OilPrice.com The surge in wholesale natural gas prices is set to pass through the retail and electricity inflation in the Eurozone faster than in the past, the European Central Bank (ECB) said in its Economic Bulletin on Monday. While the pass-through is faster and can manifest in the inflation numbers within one to three months for most Eurozone members, the pressure on electricity prices has been lower so far in 2026 compared to 2022, partly due to the higher...
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