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LIV Golf CEO Denies "Speculation" That Saudi Arabia On Cusp Of Severing Ties
LIV Golf CEO Denies "Speculation" That Saudi Arabia On Cusp Of Severing Ties
Update (1130ET): Amid reports that Saudi Arabia's Public Investment Fund might be on the verge of pulling its funding for the league, LIV Golf CEO Scott O'Neil told staff in an email overnight that its season will go on "as planned, uninterrupted and at full throttle."
The email, which was obtained by ESPN, didn't directly address reports that PIF might stop investing in the breakaway circuit after spending more than $5 billion since its inception in 2022, or whether...
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Mar 25, 2026 / Tyler Durden
Terrible 5Y Auction: Worst Bid To Cover In 4 Years, Highest Tail Since 2024, Dealers Jump
Terrible 5Y Auction: Worst Bid To Cover In 4 Years, Highest Tail Since 2024, Dealers Jump
Another day, another very ugly auction.
After yesterday's appallingly bad 2Y auction, moments ago the Treasury sold $70BN in 5Y paper in what was another terrible auction.
Just after 1pm, the auction stopped at a high yield of 3.966%, up from 3.608% in February and the highest since May 2025. It also tailed the When Issued 3.966% by 1.4bps, the biggest tail since Oct 2024.
The bid to cover was 2.29, down from 2.32 last month and...
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Oct 20, 2026 / Tyler Durden
Don't Let The Fed Steal Your Kids' Future
Don't Let The Fed Steal Your Kids' Future
Authored by George Ford Smith via Mises Institute,
The Federal Reserve's inflation machine not only disrupts our lives now, but it also is making life even for difficult for those facing an uncertain future...
My grandson is 21, pursuing a degree in college and active in sports and social life. His future looks bright. But he and others of his generation will enter that future with a handicap imposed on them by people they have never met: Policymakers at the Federal Reserve. They claim...
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Apr 6, 2026 / Tyler Durden
US, Iran, Mediators In Ceasefire Talks Before Promised Catastrophic Escalation: Axios
US, Iran, Mediators In Ceasefire Talks Before Promised Catastrophic Escalation: Axios
With a potential globally-catastrophic escalation looming on Tuesday, Middle East mediators are communicating with Iran and the United States about a proposed 45-day ceasefire, Axios reported Sunday evening. The ceasefire is being positioned as the first of a two-phased deal, with the second phase being a negotiated, permanent end to the war that Israel and the United States started with a surprise attack on Feb. 28 amid ongoing negotiations.
The slim ray of hope comes after President Trump issued a...
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