“Clean Out The Garage”: Dick’s Sporting Goods Set To Shutter Some Foot Locker Stores
Dick’s executive chairman Ed Stack told CNBC senior retail reporter Courtney Reagan that it will close an unspecified number of Foot Locker stores as part…
Trump Ignites ‘Genesis Mission’: Manhattan Project-Scale AI Onslaught
Authored by Steve Watson via Modernity.news,
President Trump signed a landmark executive order Monday, unleashing the “Genesis Mission”—a colossal, coordinated national…
Johnson Warns White House Against Extending Obamacare Subsidies
House Speaker Mike Johnson has warned the Trump administration that House Republicans aren’t gonna go for an extension of enhanced Affordable Care Act subsidies – a plan which…
US Consumer Confidence Tumbles To Worst Since Liberation Day
Following the collapse in Current Conditions sentiment among Americans surveyed by UMich, The Conference Board confirms the collapse in confidence this morning with the headline …
Six Dead As Russian Missiles Pummel Kiev, Even As Trump’s Peace Deal Advances
The Ukrainian capital was once again pummeled overnight, as Russia unleashed a barrage of at least 22 missiles on the city, in what the Ukrainian minister of ene…
“Geographic Rotation Is Striking”: Home Prices Are Falling In A Majority Of US Cities
US home prices in the 20 largest cities rose 0.13% MoM in September (very slightly better than the 0.1% rise expected) and up for the second month in a r…
Amazon Announces $50B Plan For Dedicated Government AI Supercomputing
Amazon Web Services is making a major push into government-focused artificial intelligence and supercomputing, announcing plans to build the first AI- and HPC-dedicated …
Stock Rally Falters As Nvidia-Google AI Rivalry Intensifies
US futures are flat, having rebounded from session lows, even as Nvidia shares fell 3.8% in premarket trading as investors assess the threat of increased competition after a repor…
Core Producer Price Inflation Slowest In 15 Months, But…
Headline Producer Prices rose 0.3% MoM in September (as expected)
Source: Bloomberg
Core PPI (Ex Food & Energy) rose just 0.1% MoM, bringing Core PPI YoY down to +2.6%…
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Burlington Shares Slide After Store Traffic "Fell Off Significantly"
Off-price department store retailer Burlington, formerly known as Burlington Coat Factory, fell in premarket trading after reporting weak third-quarter compara…
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