Report: Netanyahu Seeking Saudi Approval To Join Yemen War Against Ansar Allah

'Slow Hire, No Fire' Economy Confirmed As Jobless Claims Drop Near Record Lows The number of Americans filing for unemployment benefits for the first time dropped to just 208k last week - back near its lowest level on record... ...and still showing no signs of stress in the US Labor market. Continuing jobless claims also fell last week to 1.805 million Americans... And all of this positive labor market (no fire) news comes as payrolls suggests weaker growth... It appears the US economy has morphed into a 'slow hire, no fire' regime. ...

NASA Warns Scientists Understating Worst-Case Solar-Storm Scenario As if the growing risk of a global economic disaster springing from the US-Israeli war on Iran weren't enough to worry about, researchers at NASA's Goddard Space Flight Center are warning that miscalculations and false assumptions may have resulted in an enormous underestimation of the worst-case effects of a solar storm.  Solar storms are events in which the sun experiences a massive explosion of energy, charged particles and magnetic fields. From solar flares to coronal mass ejections (CMEs), these explosions pose a danger to...

Average 7Y Auction Stops On Screws As Foreign Demand Drops A stellar 2Y auction, a subpart 5Y, and it only makes sense that we end the week with a perfectly average sale of $44BN in 7Y bonds. The last coupon auction of the week priced at a high yield of 4.512%, up from last month's tailing 4.473%, and on the screws with today's When Issued 4.512%. Remarkably, this is the 3rd 7Y auction to price on the screws in 2026 alone, suggesting this tenor may be the most relevant one for...