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UMich Consumer Confidence Slides In September As Republicans Lose Faith
UMich Consumer Confidence Slides In September As Republicans Lose Faith
After July's rebound to pre-war levels, a re-escalation in the MidEast (and soaring fuel costs) has sent confidence back towards YTD lows. Today's final September data was expected to show UMich headline sentiment sliding further (and inflation expectations re-accelerating).
And while sentiment is lower overall (month to month), it did actually pick up modestly intra-month from preliminary levels.
Consumer sentiment ticked down less than four index points in September, reaching the lowest reading in four months and back down notably from January...
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Jun 11, 2026 / Dave DeCamp
House Rejects Bill To Renew Warrantless Spy Powers
The House of Representatives on Thursday rejected a bill to extend Section 702 of the Foreign Intelligence Surveillance Act (FISA), which gives the federal government the power to conduct warrantless surveillance of Americans, and now the spying tool is expected to lapse as its last extension will expire on Friday night. The bill to renew […]
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Mar 2, 2026 / Tyler Durden
Court Rules For WaPo Reporter In Major Win For Press In National Security Case
Court Rules For WaPo Reporter In Major Win For Press In National Security Case
Authored by Jonathan Turley,
There was an important ruling last week by Magistrate Judge William B. Porter of the Eastern District of Virginia in favor of the press regarding the handling of files and materials taken in a search of the home of a Washington Post reporter.
Judge Porter ruled against the Trump Administration in what he called an “unsupervised, wholesale” search of the files of Hannah Natanson, who covers the federal government for The Post.
Instead,...
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Jun 25, 2026 / Tyler Durden
European Rearmament Efforts Snuffed By Chinese Control Of Critical Materials
European Rearmament Efforts Snuffed By Chinese Control Of Critical Materials
Yesterday we reported that, in a tit-for-tat move, China announced it is targeting US rare earths firms in response to a Pentagon list of Chinese firms: this, as Rabobank noted, is largely a symbolic move, but it still underlines the tensions in this area. So does the Nikkei reporting that ‘China minerals control threatens EU rearmament, as bloc seeks new sources’: because, as Rabo's Michael Every notes, even if you can afford a dagger, you can’t make it without rare earths, and...
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