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Palantir Develops IRS Tool To Flag "Highest Value" Audits, Are Crypto Bros Next?
Palantir Develops IRS Tool To Flag "Highest Value" Audits, Are Crypto Bros Next?
Crypto bros and those of you with 'creative' accountants, heads up - the IRS is beefing up its ability to flag accounts for audits. Not only is this the first year that major US-based custodial crypto brokers are reporting gross proceeds to the agency, the IRS is getting aggressive elsewhere. Last year they paid Palantir $1.8 million to identify cases for audits, collections, and potential criminal investigations with a high probability of success. The contract was the latest...
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Apr 29, 2026 / Tyler Durden
NATO Mulls Nixing Annual Summits, Wary Of 'Trump Drama' Overshadowing
NATO Mulls Nixing Annual Summits, Wary Of 'Trump Drama' Overshadowing
Fresh reporting in Reuters says that NATO leadership is mulling ending its practice of holding annual summits as the Trump presidency has "cast a long shadow" over such meetings and as member states are looking for "less drama".
For example, at the 2018 summit Trump threatened to walk out after bitterly complaining over allies' low defense spending. Jens Stoltenberg, NATO’s secretary general at the time, wrote in a recently published memoir, "Had he made good on his threat to leave in protest,...
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May 9, 2026 / Tyler Durden
Trump Says He's Not Replacing FDA Chief Makary
Trump Says He's Not Replacing FDA Chief Makary
Authored by Aldgra Fredly via The Epoch Times,
President Donald Trump said on May 8 that he has no plans to replace Marty Makary as commissioner of the U.S. Food and Drug Administration (FDA).
When asked by reporters outside the White House about Makary, Trump responded: “Nothing much, he’s doing fine,” without elaborating further.
Trump said he had seen reports suggesting the administration was planning to remove Makary from his role leading the FDA, but added that he knows “nothing about it.”
The president also rejected...
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Apr 27, 2026 / Tyler Durden
"Resurgence Of Electrification": Goldman Says EV Demand Gaining Momentum Amid Fuel Price Shock
"Resurgence Of Electrification": Goldman Says EV Demand Gaining Momentum Amid Fuel Price Shock
There were early signs during the third week of the U.S.-Iran conflict that EV demand was gaining traction in Asia, where the energy shock has been felt the hardest. That was followed by a separate note earlier this month confirming that EV demand was beginning to reaccelerate.
Now, Goldman analysts led by Kota Yuzawa see global EV demand gaining momentum after several years of muted demand, as the fuel-price shock at the pump pushes consumers back toward EVs.
Yuzawa...
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