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UBS Warns Drought Shock Unfolding Across Breadbasket Of America
UBS Warns Drought Shock Unfolding Across Breadbasket Of America
It's not just us sounding the alarm about severe drought conditions hitting America's breadbasket as spring plantings ramp up, or warning about the second- and third-order effects that could push food prices higher later this year.
UBS analysts, led by Jonathan Pingle, told clients on Thursday morning that drought conditions across the US agricultural belt rank among the worst in more than 130 years:
The National Oceanic and Atmospheric Administration's Palmer Drought Severity Index hit its highest level for March since records started...
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Mar 31, 2026 / Tyler Durden
Restoring Meaning To American Citizenship
Restoring Meaning To American Citizenship
Authored by John Velleco via Gun Owners of America,
This week, the Supreme Court will hear oral arguments in a case that could redefine one of the most fundamental questions in American law: Who is a citizen of the United States?
Does birth on U.S. soil automatically confer citizenship, even when the parents owe allegiance to a foreign nation?
Gun Owners of America and Gun Owners Foundation, along with several others, have filed a Friend of the Court brief urging the Court to take a fresh look at...
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Apr 29, 2026 / Tyler Durden
Your Bank Is Becoming A Casino: River CEO Frames Bitcoin As The Alternative
Your Bank Is Becoming A Casino: River CEO Frames Bitcoin As The Alternative
Authored by Micah Zimmerman via Bitcoin Magazine,
Bitcoin 2026 speaker Alex Leishman used his Nakamoto Stage talk, titled “We’re Not Fixing Money to Build More Casinos,” to deliver a sharp warning that modern finance is drifting toward a gambling model and away from basic banking.
Leishman, CEO of River, said the American dream feels out of reach for many people as housing costs rise, student debt lingers, and wages lag, and argued that this pressure helps explain why prediction markets and...
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Apr 23, 2026 / Tyler Durden
Texas Instruments Jumps Most Since Dot-Com On Upgraded Outlook; Goldman Sees Analog Recovery
Texas Instruments Jumps Most Since Dot-Com On Upgraded Outlook; Goldman Sees Analog Recovery
Shares of Texas Instruments jumped the most since the Dot-Com bubble era after the chipmaker issued a stronger-than-expected second-quarter forecast, signaling that demand is rebounding across industrial markets and data centers. Goldman analysts told clients the guidance suggests the "analog recovery is continuing."
Revenue guidance of $5 billion to $5.4 billion and profit guidance of $1.77 to $2.05 a share both came in well above the Bloomberg Consensus estimate of estimate $4.85 billion, while first-quarter results also...
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