Article
Labor Shock: US Adds 162K Jobs In August, 4-Sigma Beat And Above Highest Forecast
Labor Shock: US Adds 162K Jobs In August, 4-Sigma Beat And Above Highest Forecast
In our jobs report preview we quoted JPM's Market Intel desk which said that today's August payrolls number will be a case of "good news is bad news", and sure enough futures are sliding and yields surging after moments ago the BLS reported that in August, the US added a whopping 162K jobs, up from an upward revised 21K (July is no longer negative -23K), and the second highest monthly increase of 2026 (only March was higher)...
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Apr 16, 2026 / Tyler Durden
Defiant Iran Reasserts Toll System, Paid Through Iranian Banks After US Vows Hormuz Blockade Stays "As Long As It Takes"
Defiant Iran Reasserts Toll System, Paid Through Iranian Banks After US Vows Hormuz Blockade Stays "As Long As It Takes"
Summary
Iran seeks to boost rial through toll payment scheme; vessels pay Hormuz passage through Iranian banks.
US Navy: vessels seeking entry into Hormuz Strait now fair game for boarding, search, and outright seizure - including for suspicion of 'contraband'.
Hegseth: US forces are ready to restart combat if Iran doesn’t agree to a deal & strait blockade to continue for as long as it takes. Already 14 ships have been turned around.
Iran's parliament speaker Mohammad...
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May 30, 2026 / Tyler Durden
Caught On Tape: Washington Nationals Official Admits To Discriminating Against Religious Player
Aug 11, 2026 / Tyler Durden
Phoebe Gates & Co-Founder Caught In The Cookie Jar: Slack Logs Contradict Phia's '24-Hour Bug' BS
Phoebe Gates & Co-Founder Caught In The Cookie Jar: Slack Logs Contradict Phia's '24-Hour Bug' BS
When Bloomberg first caught Phia - the AI "personal shopping assistant" co-founded by Bill Gates' daughter Phoebe Gates and climate-activist-turned-founder Sophia Kianni - claiming affiliate commissions on sales it had nothing to do with, the company's ham-fisted damage control was a Silicon Valley classic: an unfortunate software bug, discovered "within the last 24 hours" - and of course it was 'fixed immediately.'
Except that's total bullshit.
According to a follow-up investigation published Tuesday, they knew about...
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