Shale Giant Diamondback Is Boosting Oil Output "Immediately" On Soaring Prices

AIpocalypse No! Initial Jobless Claims Collapse To Lowest Since 1969 Amid ongoing exclamations of an AIpocalypse in the jobs market, the number of Americans filing for jobless benefits for the first time crashed to just 187k last week (well below expectations)... That is the lowest since 1969... Additionally, continuous jobless claims tumbled back below 1.8mm (1.796mm) Americans... Zero signs of labor market stress in any of this data as the 'low hire, no fire' economy pushes forward. Tyler Durden Thu, 07/23/2026 - 08:39

Senate Panel Holds Fauci In Contempt For Refusing To Answer Questions Anthony Fauci has been held in contempt of Congress by the Homeland Security and Governmental Affairs Committee, after he repeatedly refused to answer lawmakers' questions about funding risky research to genetically manipulate bat coronavirus in Wuhan China, and his role in the ensuing lockdown quagmire that cratered the economy after he was put in charge of leading the COVID-19 response.  In an 8-5 vote brought by Committee Chairman Sen. Rand Paul (R-KY), the contempt vote seeks to refer the case directly to the DOJ for...

Nvidia Spy Scandal Widens: Feds' Megaspeed Probe Was Derailed After Nvidia Came Knocking Update (1115ET): The Commerce Department's investigation into Megaspeed was halted late last year after Nvidia's general counsel reached out to the agents running it, the New York Times now reports.According to the Times, investigators at Commerce's Bureau of Industry and Security had spent months building a case that Megaspeed was smuggling Nvidia chips into China when, in August 2025, they got an email from Nvidia general counsel Tim Teter seeking information about the inquiry. Teter wrote that...