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Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021
Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021
Following fuel-driven jump in Producer Prices, consensus was for a concomitant jump MoM in Consumer prices this morning, after last month's decline as energy prices have rebounded (though we warned that amid all the interventionist-y chatter, nothing would surprise us less than 'cool' print to offset the PPI scare).
And analysts were right with headline CPI rising 0.4% MoM (exactly as expected) - biggest MoM since May - but prices rose 3.5% YoY (in line with expectations and flat to...
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Jul 24, 2026 / Tyler Durden
Trump Losing Patience, In 'Revenge Mode' After 13th Consecutive Night Of US Strikes On Iran
Trump Losing Patience, In 'Revenge Mode' After 13th Consecutive Night Of US Strikes On Iran
The latest little peace overture by Washington widely reported Thursday night was apparently a big nothingburger, as on Friday the Iraqi prime minister’s office has denied a New York Times report claiming that Iran rejected a US ceasefire proposal delivered to Tehran by Iraqi Prime Minister Ali al-Zaidi.
The fresh statement from the prime minister's office said what was published in the Times was "entirely unfounded" and had "no relation to reality." The statement underscored the temporary nature...
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May 1, 2026 / Tyler Durden
DOJ Probes 36 Illinois School Districts Over Sexual Orientation Content In Pre-K–12 Classes
DOJ Probes 36 Illinois School Districts Over Sexual Orientation Content In Pre-K–12 Classes
Authored by Naveen Anthrappully via The Epoch Times,
The Department of Justice’s (DOJ) Civil Rights Division has launched multiple investigations into 36 Illinois public school districts to assess whether sexual orientation and gender ideology content is being taught in pre-K-12 grade classes.
If the districts are determined to be teaching sexual orientation and gender ideology-related content, “the investigations will examine whether the schools have notified parents of their right to opt their children out of such instruction,” the DOJ...
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Jun 19, 2026 / Martin Sieff
Tail Wags Dog
It should be cold comfort indeed, but the successive inability of one US administration after another to control Israel and the extraordinary passion with which the leaders of Western Europe, Canada and NATO continue to defy the United States to risk thermonuclear world war with Russia at the whims of Ukrainian junta leader Volodymyr Zelensky […]
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