U.S. stock futures sank Wednesday night as President Donald Trump didn’t offer investors any new indications of de-escalation in the conflict with Iran, but again laid out a timetable of finishing the operation “very shortly.”
U.S. stock futures sank Wednesday night as President Donald Trump didn’t offer investors any new indications of de-escalation in the conflict with Iran, but again laid out a timetable of finishing the operation “very shortly.”
Liudmila Chernetska/iStock via Getty Images Retail sales soar in December and collapse in January and February every year to varying extents. Huge seasonal adjustment factors are used to reduce December sales and to increase January and February sales to roughly level them out. And that was on full display today in retail sales for February, reported by the Census Bureau today. Seasonally adjusted...
Liudmila Chernetska/iStock via Getty Images Retail sales soar in December and collapse in January and February every year to varying extents. Huge seasonal adjustment factors are used to reduce December sales and to increase January and February sales to roughly level them out. And that was on full display today in retail sales for February, reported by the Census Bureau today. Seasonally adjusted, retail sales in February jumped by 0.6% from January to a record $738 billion (red line in the chart). Not seasonally adjusted, retail sales plunged by 3.1% in February from January, to $653 billion, the lowest since, well, February last year (blue in the chart). But year-over-year, both metrics of retail sales rose by about the same solid rate: by 3.7% seasonally adjusted (SA) and by 3.6% not seasonally adjusted (NSA), a decent growth rate, not spectacular, outrunning by a pretty good margin the inflation rate of goods that retailers sell ( most inflation is in services that retailers don’t sell ). The seasonal adjustments attempt to account for seasonal variations, such as weather, pre-holiday gift-buying, post-holiday gift-returning, differences in the number of “trading days,” and other factors. The Census Bureau’s X-13 ARIMA-SEATS software program calculates these seasonal adjustment factors based on numerous historical data points. But over a 12-month period, seasonal adjustment factors sum up to zero, so an over-adjustment in some months leads by definition to under-adjustments in other months. So we’re looking at the longer trends. The biggest categories of retailers Ecommerce and other nonstore retailers (18% of total retail sales) continued to relentlessly gobble up market share, growing year-over-year at about twice the rate of overall retail sales. SA: +0.7% month-to-month, to $133 billion. NSA: -5.8% month-to-month, to $118 billion. Year-over-year: +7.5%. Auto & other motor vehicle dealers (16% of total retail sales): SA: +1.2% month-to-month, to $128 billion...
Activist Mayor Of Boise Forced To Take Down Pride Flag Flown For A Decade Conservative states across the US have taken action in recent months to begin the arduous process of removing the stain of the woke movement from America's streets and public buildings. For the last decade, the far-left ideological crusade has left its mark everywhere while using "marginalized" identity groups as a moral shi...
Activist Mayor Of Boise Forced To Take Down Pride Flag Flown For A Decade Conservative states across the US have taken action in recent months to begin the arduous process of removing the stain of the woke movement from America's streets and public buildings. For the last decade, the far-left ideological crusade has left its mark everywhere while using "marginalized" identity groups as a moral shield. Though they claim to be acting as a civil rights movement, the reality is that "Pride" and LGBT activist groups are entirely political. The pride flag is a political, ideological and some would argue religious symbol of cultural dominance planted across the country as a means to claim ownership. The State of Idaho is no longer tolerating this insurgency. On Tuesday, Mayor Lauren McLean was forced to remove the Progress Pride flag from display in Downtown Boise after Governor Brad Little signed HB 561. The bill, brought by Rep. Ted Hill, R-Eagle, limits local governments to flying only the American flag, state flags, official military flags, recognized tribal flags, and the official flag of an Idaho university or college. The response from Democrats has been dramatic, to say the least, with a somber proclamation of "Transgender Day" to mourn the loss of the pride flag. Idaho also recently passed one of the strictest laws in the nation against transgenders using incorrect bathrooms and public facilities. Initial laws passed by the state in 2025 required that only "official flags" be flown on public land and government buildings. However, McLean and city officials attempted to bypass the law by making the pride flag an "official" flag of Boise. Governor Little closed the loophole and instituted fines of $2000 per day for those cities that refuse to cooperate. Leftist officials held a bizarre ceremony for the removal of the pride flag, which once again shines a light on the cult-like nature of the woke movement. BREAKING: Boise mayor forced to take city hall's LGBTQ+ flag ...
Nvidia transformed itself from a company known first for making the hardware for processing graphics in gaming to accelerating processing models for artificial intelligence. Nvidia continues to focus on growing its artificial intelligence business, and part of that growth requires hiring top ...
Nvidia transformed itself from a company known first for making the hardware for processing graphics in gaming to accelerating processing models for artificial intelligence. Nvidia continues to focus on growing its artificial intelligence business, and part of that growth requires hiring top ...