Long-Term US Unemployment Rate Creeps Up To 27% Despite Blockbuster August Hiring

Forbes Editor Fired Over $6m Payoff Had Threatened Companies Who Dared Hire Outgoing Trump Admin Officials In 2021 Authored by Monica Showalter via American Thinker, Remember how vindictive the political scenario after Joe Biden first took office? It wasn't just the draconian prosecutions of Jan. 6 protestors, most of whom were non-violent and unarmed, many of them little old ladies. One guy got sent to jail who wasn't even at the scene of the Capitol crowd control incident. Randall Lane at the ‘Forbes’ 50 Over 50 Luncheon on Dec. 8, 2022. Credit...

The UK's New Multinational Naval Initiative Aims To Contain Russia In The Arctic & Baltic Authored by Andrew Korybko, General Sir Gwyn Jenkins, head of the British Royal Navy, announced that his counterparts from the 10-nation Joint Expeditionary Taskforce comprised of the UK, Norway, Sweden, Denmark, Finland, Iceland, Estonia, Latvia, Lithuania and the Netherlands agreed to create “a family of allied fleets”. Officially known as the “Northern Navies Initiative” (NNI), it’s explicitly aimed at containing Russia in the Arctic and Baltic. This represents the evolution of the UK’s Arctic-Baltic policy that was elaborated...

Stocks Drift As Chips Extend Gains, Oil Slides On Positive US-Iran Talks Futures are modestly lower coming off the US holiday weekend, after equities finished higher last week with both Dow and Russell clocking new ATHs and SPX finishing in the green for the 11th time in the last 12 weeks.  As of 8:00am ET, S&P 500 futures edged down 0.1% while Nasdaq 100 contracts are higher by 0.1% with chips outperforming as usual while hyperscalers, aka "check payers" down as all Mag 7 are lower with TSLA (-1.4%) and GOOGL...