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Initial Jobless Claims Refuse To Blink Amid Increasingly Fragile Labor Market Signals

Initial Jobless Claims Refuse To Blink Amid Increasingly Fragile Labor Market Signals Unchanged from near 1969 lows for the last five years... That's quite a statement amid the sound and fury of markets and macro over the same period, but sure enough, the number of Americans filing for unemployment benefits for the first time ticked up to 206k last week - the same level as they were back in 2001... Michigan was the standout state with the largest decline in initial jobless claims by far while Kentucky saw the biggest increase (albeit...
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Apr 10, 2026 / Tyler Durden
Oil Price Shock Drives 140% Surge In China's EV Exports To Record High
Oil Price Shock Drives 140% Surge In China's EV Exports To Record High By Michael Kern of OilPrice.com, Chinese electric vehicle exports soared by 140% to a record high in March as the fuel price shock drove consumers back to EVs. BYD electric vehicles bound for export in China.Source: AFP/Getty Images China exported as many as 349,000 electric vehicles last month, a record high number of any month ever, according to data from the China Passenger Car Association cited by Bloomberg. Drivers in Asia Pacific, Europe, and the United States started searching for EVs...
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May 11, 2026 / Tyler Durden
Netanyahu Insists Iran War To Continue Until Uranium Is 'Physically' Removed
Netanyahu Insists Iran War To Continue Until Uranium Is 'Physically' Removed Israeli Prime Minister Benjamin Netanyahu said in a 60 Minutes interview which aired Sunday that President Trump still wants Iran's stockpile of enriched uranium removed. Trump on Monday warned that the Iran ceasefire is on 'massive life support'. Netanyahu told CBS show host Major Garrett that the military campaign had achieved "a great deal" but insisted additional operations remain necessary.  That's when he described, "There’s still nuclear material, enriched uranium, that has to be taken out of Iran. There's still enrichment...
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May 22, 2026 / Tyler Durden
The Trillion-Dollar Man
The Trillion-Dollar Man Authored by Noel Williams via AmericanThinker.com, If he had any, Bernie would be pulling his hair out at the prospect of Elon Musk becoming a trillionaire. Socialist imbeciles spurn success, preferring downtrodden masses who wallow in government dependence rather than exerting individual independence. As is well known, socialists portray billionaires as a "policy mistake." Extrapolating from that, they must consider the potential coming of trillionaires as a policy catastrophe. The first man likely to reach that lofty target -- if his companies meet stringent performance objectives -- is Elon Musk. At first...
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