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Here's What Happened Inside Gas Stations When Gas Hit $4
Here's What Happened Inside Gas Stations When Gas Hit $4
In Goldman's first-quarter "Nicotine Nuggets" survey of retailers and wholesalers covering roughly 44,000 U.S. stores, or about 28% of all tobacco outlets nationwide, analysts observed that once the national average for regular 87-octane gasoline hit the politically sensitive $4-a-gallon level, the squeeze on consumers began to emerge. One of the clearest signs of stress was a downshift in purchases as budget-conscious consumers started pulling back on tobacco purchases or, in some cases, trading down.
"The outlook remains cautious but retailers &...
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Jun 3, 2026 / Tyler Durden
California's 'Wealth' Tax Is Coming For Everyone
California's 'Wealth' Tax Is Coming For Everyone
Authored by Edward Ring via American Greatness,
If you own property in California, you're not safe. A new ballot measure will empower the state to confiscate a percentage of the assets of any resident, even though its initial provisions don't communicate that intent. California's "One-Time Wealth Tax for State-Funded Healthcare, Education, and Food Assistance Programs Initiative," which has already qualified for the November ballot, is even worse than it appears.
It's not as if appearances aren't bad enough. The explicit intent of the initiative already...
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Sep 18, 2026 / Tyler Durden
Chinese DRAM Giant Enter Booming Flash Memory Market To Take On Samsung, SanDisk
Chinese DRAM Giant Enter Booming Flash Memory Market To Take On Samsung, SanDisk
Chinese chipmaking giant, CXMT, and the biggest IPO of the decade in the mainland market, is preparing to enter the booming flash memory chip market dominated by Samsung Electronics and other foreign rivals, Reuters reported citing sources, a move that would broaden its customer base amid a global memory shortage.
The move would also pit the dynamic random access memory (DRAM) chip specialist against domestic rival YMTC, taking it into one of the semiconductor industry's fastest-growing segments.
The relentless,...
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Sep 23, 2026 / Tyler Durden
"This Nor'easter Is Going To Be An Ordeal"
"This Nor'easter Is Going To Be An Ordeal"
The US East Coast has avoided any tropical development so far this year, but a developing nor'easter in the Atlantic just off the North Carolina and Virginia coast could still deliver hurricane-force winds and heavy rain, with the greatest impacts expected in the Northeast later this week and into the weekend.
"Oh, this Nor'easter is going to be an ordeal. This storm will be a monster and will be lashing the coast for several days. Thank your lucky stars this isn't January because it would...
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