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Saturday, June 15, 2024

A federal judge in Texas on Friday ordered the liquidation of the conspiracy theorist Alex Jones's personal assets and was still deciding on his company's separate bankruptcy case. read more


Thursday, June 13, 2024

New U.S. sanctions against Russia have forced an immediate suspension of trading in dollars and euros on its leading financial marketplace, the Moscow Exchange (MOEX.MM) read more


PPI Inflation The overall producer price index for final demand fell 0.2% on the month, way below +0.1% forecasts. The PPI rose 2.2% from a year ago, undercutting 2.5% estimates. The core PPI, excluding food and energy, was flat vs. April, below views for a 0.3% gain. The 2.3% 12-month inflation rate came in below 2.4% forecasts. That follows May's 0.16% rise in the core CPI, the smallest monthly increase since August 2021. That could signal the renewal of a disinflationary trend. However, Powell made it clear that one inflation report isn't nearly enough to give the Fed the confidence it needs to start cutting rates.


Wednesday, June 05, 2024

MSNBC's Lawrence O'Donnell discusses Trump's admission that concerns of perjury stopped him from testifying in his criminal hush money case and Trump attorney Todd Blanche's explanation for why more witnesses weren't called by the defense with Andrew Weissmann, Lisa Rubin, and Adam Klasfeld. read more


Thursday, May 30, 2024

Republican presidential candidate Donald Trump said on Thursday he will use his relationship with Russian President Vladimir Putin to get Wall Street Journal reporter Evan Gershkovich freed from a Russian prison. The assertion was ridiculed by the campaign of Democratic President Joe Biden, which cited Trump's frequent criticism of the news media as an "enemy of the people." Trump wrote on his Truth Social media platform that the journalist would be freed soon after the Nov. 5 U.S. presidential election where he faces a rematch against Biden. read more


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