Consumer prices grew by 0.4 percent in September from August and 3.7 percent on the year, the U.S. Labor Department reported. Dow Jones had estimated 0.3 and 3.6 percent, respectively.
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FOX NEWS HOST SUGGESTS THAT ISRAEL MAY GO NUCLEAR IF IT FACES MULTI-FRONT WAR
Mark Levin, the Fox News host, said Israel may consider going nuclear during an interview on the cable channel saying that Israel could go nuclear if it finds itself on the losing end of a multi-front war with Hamas, Hezbollah, and Iran.
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CONSUMER SENTIMENT FLOPS IN OCTOBER
Consumers’ pessimism about the economy has grown significantly this month, according to the University of Michigan’s monthly survey of consumer sentiment.
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U.S. DEBT NOT SUSTAINABLE
The U.S. government’s $33-trillion debt is the result of “unsustainable” fiscal policies, the International Monetary Fund (IMF) has warned, and is the “most worrying” among the world’s major economies, IMF research director Pierre-Olivier Gourinchas said in a 3 October press briefing.
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INVESTORS BETTING THAT FED WILL NOT RAISE INTEREST RATES
At the last meeting of the U.S. Federal Reserve’s rate-setting Open Market Committee, a majority predicted the central bank would need to hike rates again when it meets at the end of this month.
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NEW TREASURY ISSUES FLOOD AN ALREADY STRAINED BOND MARKET
The U.S. treasury borrowed another $1 trillion in this year’s third quarter, straining a bond market already reeling from a crash not seen in decades.
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GRAHAM CALLS ISRAEL WAR A ‘RELIGIOUS WAR’. SO GET READY TO FIGHT FOR THE RELIGION HE BELIEVES IN
Sen. Lindsey Graham, the warmongering U.S. Republican, identified the Israel-Hamas war as a “religious war” and said he stands squarely behind Israel in its revenge attacks in Gaza.
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UKRAINE WAR A STALEMATE AFTER KYIV COUNTEROFFENSIVE FAILS TO DELIVER
The failure of Ukrainian troops to win a decisive victory against Russia during its long-awaited counteroffensive has Western officials prepared to accept the reality that the war is a stalemate as Kyiv enters the winter months.
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MORE WAR, NO PEACE: U.S. ANNOUNCES $200 MILLION MORE TO KEEP UP THE BLOODSHED IN UKRAINE
The U.S. announced last week that it will provide Ukraine with another $200 million in weapons as the war enters a new phase and countries begin to grow tired of the long war.
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U.S. CAN SUPPORT ISRAEL, UKRAINE AT SAME TIME, SAYS U.S. DEFENSE SECRETARY
Israel and Ukraine need not worry, the U.S. can help support two large-scale wars thousands of miles away, Defense Secretary Lloyd Austin said last week.