Gap Soars On Old Navy CEO Shake-Up As Jefferies Sees "New Catalyst" For Stock

Inflation Fears Fade As War Drags UMich Sentiment Lower After rebounding solidly in January and February, expectations were for a modest decline in UMich Sentiment in preliminary March data and analysts were right but the 55.5 print (from 56.6 prior) was better than the 54.8 expected. Current Conditions actually improved, surprising to the upside (57.8 vs 56.6 prior vs 54.9 exp) Expectations fell more than expected (54.1 vs 56.6 prior vs 54.5 exp) Current Conditions are at their highest level since October while expectations are at their lowest since November. Source: Bloomberg Interviews for this...

The ceasefire in southern Lebanon has done very little to actually stop the fighting in the area, with Israeli forces killing hundreds of civilians in the ongoing offensives since the deal went into effect. Even this dubious ceasefire is proving increasingly controversial within the Israeli cabinet, however, with multiple ministers demanding it be formally disavowed […]

Tax Freedom Day Underestimates How Long You Work For The Government Authored by Jonathan Newman via The Mises Institute, Tax Freedom Day, calculated by the Tax Foundation, “represents how long Americans as a whole have to work in order to pay the nation’s tax burden.” It appears that they stopped publishing this in 2019, but others have picked up where they left off. The idea is that the income earned by taxpayers over a certain proportion of the year goes to Uncle Sam. In 2025, that date was April 16th. But the burden of government...