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Coal Nears Breakout As Gulf Energy Shock Drives Utilities Back To Dirty Fuel Ahead Of Winter

Coal Nears Breakout As Gulf Energy Shock Drives Utilities Back To Dirty Fuel Ahead Of Winter Newcastle thermal coal futures are approaching the $150-a-ton breakout level as the global energy shock, most acute in industrial fuels, encourages utilities to shift toward coal ahead of the Northern Hemisphere winter while electrification trends and all things AI expand electricity demand.  UBS metals and mining analyst Myles Allsop wrote in a note this week that thermal coal prices face a number of factors colliding at once that could push prices higher over the next few months:  We...
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Jun 25, 2026 / Tyler Durden
Continuing Jobless Claims At 3-Month-Highs, Initial Claims Tumble Back To 2021 Levels
Continuing Jobless Claims At 3-Month-Highs, Initial Claims Tumble Back To 2021 Levels The number of Americans filing for unemployment benefits for the first time fell last week to 215k (after hitting four month highs last week), well below the 225k expectations and back to the same levels it was at in 2021... At the same time, continuing jobless claims picked up to 1.821 million Americans - the highest in 3 months... The bottom line is that initial claims remain low by historical standards and continue to run below year-ago levels, reinforcing the...
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May 13, 2026 / Tyler Durden
Imminent Supreme Court Rulings To Watch For
Imminent Supreme Court Rulings To Watch For Authored by Sam Dorman via The Epoch Times (emphasis ours), Birthright citizenship, girls sports, the definition of Election Day, and other hot-button topics are on the line in upcoming Supreme Court decisions. Illustration by The Epoch Times, Madalina Kilroy/The Epoch Times The court’s 2025–2026 term is expected to end in June with a series of rulings that could impact social issues and President Donald Trump’s agenda. The last scheduled oral argument was held on April 29; the justices considered whether Trump wrongfully terminated deportation protections for thousands...
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Feb 24, 2026 / Tyler Durden
Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom
Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom After Boomers and Gen X dragged The Conference Board Confidence measure down to eight month lows to end 2025, expectations were for a rebound to start 2026. Instead, January was a bloodbath with all the cohorts tumbling. Today sees February's data released with expectations for a rebound, particularly in expectations... and the consensus was right. The headline Consumer Confidence print rose from 84.5 (revised dramatically up to 89.0) to 91.2 (better than the 87.1 expected) Under the hood it was kind of crazy with the...
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