Initial Jobless Claims Hover At 57-Year Lows

Obama-Nominated Judge Orders Trump's Name Removed From Kennedy Center Building Authored by Matthew Vadum via The Epoch Times, A federal district judge on May 29 ordered that President Donald Trump’s name be removed from the John F. Kennedy Center for the Performing Arts and blocked officials from shuttering the venue for two years for renovations. Obama-nominated, Washington-based Judge Christopher R. Cooper issued an order temporarily halting the closure and preventing the name change. “Congress gave the Kennedy Center its name, and only Congress can change it,” the judge said. The new ruling came in...

UMich Sentiment 'Expectations' Plunge Near Record Lows As Republicans Lose Faith, Inflation Fears Rebound After July's rebound to pre-war levels, a re-escalation in the MidEast (and soaring fuel costs) sent confidence back towards YTD lows. Preliminary September data was expected to show UMich headline sentiment sliding further. 'Slide' is not exactly how we would describe preliminary September confidence data's collapse (headline from 51.7 to 47.8 vs 51.0 exp). The current conditions gauge fell to 50.9 from 51.9 in the previous month, while the expectations index plunged to 45.8 from 51.5 - just...

President Trump said in a post on Truth Social on Tuesday that the US was not engaged in talks with Iran and that none were scheduled, a reversal of his earlier claims that there were ongoing negotiations despite Iranian denials. “There are no talks or conversations going on, or scheduled, with the Islamic Republic of […]