with the CPI up 0.9% in March and 3.3% YOY. The real figure is 3.9% after you add back in the 0.6% missing from October and November. The Consumer Price Index should continue rising at this rate until oil prices come back down, which they likely will not.

The University of Michigan's Surveys of Consumers said its Consumer Sentiment Index tumbled to ​an all-time low of 47.6 this month ​from a final reading of 53.3 in ⁠March. Economists polled by Reuters had forecast the ​index easing to 52.0.

Pawn shop owners across the US say they’ve seen an increase in demand for loans in the past month or so, due to higher gas prices. Lower-income households are among the first to feel the hit when pump prices go up, as they spend a larger portion of their wages on fuel. The surge in gas prices has left some without enough cash to fill up their cars or pay for electricity or groceries, with pawn shops offering short-term loans in exchange for collateral.

The contract for the Patriot Advanced ​Capability-3 Missile Segment Enhancement (PAC-3 MSE) follows ​a seven-year agreement with the U.S. Department of ⁠Defense to more than triple its ​annual production, as countries respond to heightened geopolitical ​tensions. Existing stockpiles have become exhausted with the advent of the Iran War. Buy (LMT) on dips.

after the company refused to allow the Pentagon to use their software in killer robots. The government is trying to wreck Anthropos’ coming IPO and market valuation. They have been highlighting risks that also exist in all other AI apps.