Trump Claims Direct Contact With Iran, Tehran Says No Talks Until Conditions Met

Kraft Heinz CEO: "Consumers Are Literally Running Out Of Money Toward The End Of The Month" While the digital US economy, if proxied through the earnings growth and stock prices of AI companies and their "picks and shovels" support ecosystem, has never been stronger, the traditional US consumer, responsible for 70% of US GDP, has rarely been more depressed than right now (and according to the latest University of Michigan sentiment survey, Americans have literally never been more pessimistic).  That was the take home message from the latest earnings week, when...

A massive Ukrainian drone attack on Russia on Tuesday killed at least two Russian civilians, including a six-month-old baby, according to local officials, as civilian casualties continue to rise on both sides of the war. According to Moscow Governor Andrey Vorobyov, a drone crash caused a house fire in Yegoryevsk, a town in the Moscow […]

Hoping to transition from being “Chicago’s Most Connected Banker” to once again holding elected office, the two-term former Mayor of Chicago and former chief of staff to Barack Obama, Rahm Emanuel, did this month what all savvy political hopefuls do: He traveled to meet some of the largest power brokers in American politics at their […]