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FOMC Minutes Signal Fed Saw "Dual Sided" Risks From Iran War
FOMC Minutes Signal Fed Saw "Dual Sided" Risks From Iran War
Since the last FOMC meeting (March 18th), a lot has happened (war, more war, and now less war), and rate-change expectations hawkishly surged, then dovishly normalized today...
And given the last 24 hours, perhaps this information is more useful now, as we return to macro-fundamentals from geopolitical chaos running markets.
The minutes, released three weeks after the meeting, underscore the Fed's dilemma as it seeks to fill its congressional mandates of low inflation and maximum employment.
Fed officials wrestled with starkly differing...
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Oct 6, 2026 / Tyler Durden
Massive Smoke Plume As Tanker Erupts In Flames, Spills Oil Off Russia's Sochi Coast
Massive Smoke Plume As Tanker Erupts In Flames, Spills Oil Off Russia's Sochi Coast
The Black Sea tanker wars have continued Tuesday. In the latest tit-for-tat episode, a large so-called 'shadow fleet' tanker is ablaze close to the Russian Black Sea port of Sochi.
The vessel, identified in reports as likely being the Aframax Rio, which was previously sanctioned by Ukraine for alleged involvement in Russian oil exports, is producing a massive smoke plume and has been photographed and filmed by shocked onlookers at Sochi's shores. Images like the below are widely...
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May 7, 2026 / Tyler Durden
Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks
Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks
Authored by Matthew Vadum via The Epoch Times,
Companies that legally sell recreational marijuana to adults are being sued in Illinois and Connecticut for allegedly not warning customers of the possible health problems caused by the drug.
Attorneys for the plaintiffs say these proposed class actions—four in all—that were filed May 4 in federal and state courts are the first of their kind. Federal and state court rules govern whether a class action gets certified and is allowed to proceed.
The lawsuits come...
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Jul 31, 2026 / Tyler Durden
Tesla Weighs China Spinoff As Potential SpaceX Merger Looms
Tesla Weighs China Spinoff As Potential SpaceX Merger Looms
Tesla is reportedly evaluating whether to separate its China operations through a sale, spinoff, or other restructuring as it considers a possible future merger with SpaceX, according to a new report from the Wall Street Journal.
The discussions reflect increasing geopolitical tensions between the United States and China, as well as the unique regulatory challenges that would arise if Tesla became part of a company with significant U.S. defense contracts.
The Journal reports that people familiar with the matter say Elon Musk has spent...
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