“A Modest Request”: The Supreme Court Hears Challenge To National Or Universal Injunctions | ZeroHedge

Authored by Jonathan Turley,

Today, the United States Supreme Court will hear three consolidated cases in Trump v. CASA on the growing use of national or universal injunctions. This is a matter submitted on the “shadow docket” and the underlying cases concern the controversy over “birthright citizenship.” However, the merits of those claims are not at issue. Instead, the Trump Administration has made a “modest request” for the Court to limit the scope of lower-court (more…)

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US Retail Sales Surprises To The Upside, But… | ZeroHedge

If BofA's omniscient analysts are right (and they have been serially on the correct side of this data series relative to consensus for months), then traders should brace for disappointment this morning for the retail sales data.

But…

For once, the BofA analysts were incorrect as headline retail sales rose 0.1% MoM (better than the 0.0% MoM exp, but this follows a sizable upward revision in March to +1.7% MoM (from +1.4%). With the revision that left retail sales up 5.2% (more…)

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French Minister To Meet Crypto Firms After Kidnapping Attempt | ZeroHedge

Authored by Adrian Zmudzinski via CoinTelegraph.com,

The French interior minister reportedly plans to meet cryptocurrency professionals in the aftermath of a violent kidnapping attempt on the family of a crypto exchange executive in Paris.

(more…)

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