Devotees of exotic fish lust after the arowana species because it is a symbol of prosperity and good luck.
ECONOMIC UPDATE
As we keep noting by the facts; there is no relationship between Wall Street and Main Street, and by the facts and statements made by President Trump and his administration, they keep doing all they can to rig the equity markets.
DEAD… THE U.S. ECONOMY’S FORWARD-LOOKING PULSE? IT HAS NO PULSE.
The Conference Board’s Leading Economic Index, the LEI, fell 0.6% in March to 97.3, more than reversing February’s small bounce.
SPOTLIGHT: THE U.S HOUSING MARKET
Construction began in March on 1.502 million new homes in the U.S., a 10.8-percent increase from February, when housing starts declined by 3 percent to 1.356 million, the U.S. commerce department reported.
IRAN WARNS THAT ANOTHER ROUND OF ATTACKS WOULD RESULT IN ‘PAINFUL’ RETRIBUTION
Iranian leadership said last week that if the United States conducts another round of strikes, it will result in a major response by Iran that would be “long and painful.”
AS FORECAST: ISRAEL LAYS WASTE TO VAST SWATHS OF LEBANON AMID SO-CALLED CEASEFIRE; CASUALTIES INCREASE
The IDF killed at least 41 people across Lebanon on Saturday amid the so-called ceasefire that was announced last month and extended until the middle of May.
ECONOMIC UPDATE
As we have detailed with facts and data since Israel and the United States launched the Iran War two months ago, equity markets go up and oil prices go down following President Donald Trump’s statements – which have been proven false – that the U.S. defeated Iran and/or there is a ceasefire deal.
Global Economy
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
As AI continues to take over human jobs, Open AI CEO Sam Altman, said that although AI isn’t the cause of all layoffs, it has been responsible for displacing human workers, according to CNBC-TV18.
SPOTLIGHT: BIGS GETTING BIGGER
Finland-based Kone Oyj, a global leader in the elevator business, is buying Germany’s TK Elevator for €29.4 billion (about $34.4 billion).
SPOTLIGHT: THE ACCELERATING SHIFT TO CLEAN ENERGY
At the first international conference on transitioning from fossil fuels, more than 50 countries agreed to work together on trade agreements that will reduce reliance on coal, natural gas, and oil.
U.S. Economy
MARKET OVERVIEW
On 1 May, the NASDAQ and Standard & Poor’s 500 index closed at record highs yet again on strong earnings, gains in tech, and lower oil prices.
CATERPILLAR RAISES 2026 OUTLOOK, SHARE PRICE SETS RECORD
The boom in building AI data centers has spurred demand for Caterpillar’s earth-moving equipment, engines, and generators, boosting revenue in its construction equipment business by 38 percent in the most recent quarter and in its power-and-energy division by 22 percent, the company reported.
U.S. FARMERS SCRAMBLE TO ADAPT TO FERTILIZER’S SOARING COST
This year, U.S. farmers are growing more soybeans and less corn.
The Iran War
UK CONSIDERS MAJOR CRACKDOWN ON PRO-PALESTINIAN PROTESTS AFTER ALLEGED ANTISEMITIC ATTACKS
The British government announced last week that it plans to impose a major crackdown on pro-Palestinian protests after a recent alleged antisemitic attack on two Jewish men in London.
ISRAELI INVADERS RAMP UP ATTACKS IN THE WEST BANK AMID IRAN WAR
Israeli invaders – that low-life media Presstitutes and political whores call “settlers” that occupy the Palestinian West Bank – have been acting with a level of “impunity” ever since the Iran War started on 28 February, according to a report Monday in The New York Times.
GAZA/LEBANON DEATH TOLL
Israel killed at least 72,615 people in Gaza and wounded another 172,468 as the genocidal war that started in October 2023 continues and is now an afterthought because of the Iran War.
Hi-Tech Science
NEW COATING FOR SURFACES STABS VIRUSES TO DEATH
Viruses are everywhere, from doorknobs to product packages to our kitchens’ countertops – and many of them are harmful.
CHINESE COMPANY MAKES AI-POWERED ELECTROFISH
Devotees of exotic fish lust after the arowana species because it is a symbol of prosperity and good luck.
CATL CLAIMS EV BATTERY BREAKTHROUGH
China-based CATL, manufacturer of batteries for electric passenger vehicles (EVs), has debuted an updated version of its Qilin battery line.