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Lame Duck RINO Thom Tillis Blocking Warsh's Fed Confirmation Hearings
Lame Duck RINO Thom Tillis Blocking Warsh's Fed Confirmation Hearings
Amid escalating U.S.-Israel military strikes against Iran, a separate battle is brewing on Capitol Hill over President Donald Trump’s nomination of Kevin Warsh to chair the Federal Reserve, according to CNBC.
The key obstacle is Sen. Thom Tillis (R-NC), who announced last year that he would not seek re-election one day after voting against advancing the president's signature legislation, the “Big Beautiful Bill.”
Tillis has pledged to withhold support for any Federal Reserve nominees, including Warsh, until a criminal investigation into Fed...
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Apr 30, 2026 / Tyler Durden
Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again
Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again
Ahead of today's AAPL earnings report, we've had a mixed picture from Mag 7 earnings so far: GOOGL soared to a record high, MSFT and AMZN both dropped (although they recovered much of their losses throughout the day) and META crashed, all on different reads of their capex. Which leaves AAPL to complete the picture of the big 5 megacaps (with NVDA set to report in a few weeks). As we previewed earlier, focus today...
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Apr 30, 2026 / Tyler Durden
Saudi Arabia Public Investment Fund To Stop Funding LIV Golf After 2026 Season
Saudi Arabia Public Investment Fund To Stop Funding LIV Golf After 2026 Season
LIV Golf is preparing to inform players and staff that its main financial backer, Saudi Arabia’s Public Investment Fund, will stop funding the league after the 2026 season, according to Golfweek. The announcement—expected midweek—would open the door for CEO Scott O'Neil to pursue new investment to keep the tour running.
Since launching in 2022 as a challenger to the PGA Tour, the circuit has reportedly burned through more than $5 billion while failing to gain meaningful U.S. viewership....
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Mar 26, 2026 / Tyler Durden
The US Shows A Way Out Of Germany's Energy Trap
The US Shows A Way Out Of Germany's Energy Trap
Submitted by Thomas Kolbe
Big developments are underway in Tennessee and Alabama. Over the next five years, the joint Japanese-American project will bring several so-called small modular reactors (SMRs) of the BWRX-300 type online. Almost one percent of U.S. electricity production—slightly more than three gigawatts—will be added to the existing energy mix by reactors designed by Hitachi and GE Vernova.
A caveat for purists of market economics: this is a hybrid project. While the majority is privately financed, export support from Japan...
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