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'Worse Than COVID': Consumer Confidence Crashes In September
'Worse Than COVID': Consumer Confidence Crashes In September
The Conference Board's Consumer Confidence Index plunged in September (-6.7pt to 81.9) - the lowest headline print since April 2014.
The Present Situation Index fell sharply, while the Expectations Index slipped further into negative territory.
This was the fourth straight monthly miss for confidence and the biggest miss since Dec 2024...
"Consumer appraisals of current business conditions became negative for the first time since September 2024," said Dana M Peterson, Chief Economist, The Conference Board.
"Perceptions of the current labor market also worsened, though remained within positive territory. Over...
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Jul 11, 2026 / Jason Ditz
West Bank Settlers Held Rep. Ro Khanna at Gunpoint at Destroyed School
US Representative Ro Khanna (D – CA) reports that he was held at gunpoint for more than an hour earlier this week during his visit to the occupied West Bank when Israeli settlers confronted his entourage as he toured a destroyed Palestinian village. “We were at a village that Israeli settlers had destroyed, they had […]
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May 13, 2026 / Tyler Durden
Two Empty Qatari LNG Tankers Head Toward Gulf After Weekend Hormuz Transit Breakthrough
Two Empty Qatari LNG Tankers Head Toward Gulf After Weekend Hormuz Transit Breakthrough
Bloomberg ship-tracking specialist Stephen Stapczynski has identified two empty Qatari LNG tankers, Al Gattara and Fraiha, transiting north toward the Gulf area after idling near Mauritius.
This movement comes just days after a Qatari LNG carrier successfully transited the Strait of Hormuz, suggesting that Doha may be engaged in backchannel discussions with Tehran about a gradual normalization of LNG flows through the maritime chokepoint.
Al Gattara and Fraiha could be returning to Qatar to load LNG cargoes. If confirmed,...
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Jul 5, 2026 / Tyler Durden
No, The Framers Would Have Hated The Billionaire Tax
No, The Framers Would Have Hated The Billionaire Tax
Authored by Jonathan Turley,
Below is my column in the Wall Street Journal on the bizarre claim of Gov. Gavin Newsom and others that the Framers would have supported wealth taxes, including the proposed Billionaire’s Tax. It is a claim that seeks to mask the economically unwise with the historically unfounded. The Framers sought to protect property from legislative redistributive impulses. James Madison wrote that the bicameral system, and particularly the Senate, “ought to be so constituted as to protect the minority of the...
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