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Tyson Sinks, Walmart Falls After Trump Moves To Temporarily Lower Beef Import Tariffs
Tyson Sinks, Walmart Falls After Trump Moves To Temporarily Lower Beef Import Tariffs
Tyson Foods and Walmart shares moved lower around noon in New York, while major Brazilian meatpacker Minerva Foods moved higher on a Wall Street Journal report that says the White House will temporarily cut beef import tariffs
According to the WSJ report, the plan would suspend the annual tariff-rate quota, which imposes higher duties once import limits are reached, allowing more foreign beef to flood the U.S. at lower tariff rates to suppress soaring prices.
The move comes as the...
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Apr 26, 2026 / Tyler Durden
'Gender Identity' Requirements Will Be Discarded In Housing Programs: HUD
'Gender Identity' Requirements Will Be Discarded In Housing Programs: HUD
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
Department of Housing and Urban Development (HUD) Secretary Scott Turner announced a new proposed rule on Thursday that seeks to end the use of “gender identity” across all departmental programs, which is intended to “restore biological reality and protect women.”
Housing and Urban Development Secretary Scott Turner walks towards the West Wing following a TV interview at the White House on Feb. 19, 2025. Manuel Balce Ceneta/AP Photo
“Under the proposed guidance, HUD...
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Apr 2, 2026 / Tyler Durden
"Save Every Drop Of Fuel": South Korea Tells Citizens To Conserve, Ride Public Transit Amid Energy Shock
"Save Every Drop Of Fuel": South Korea Tells Citizens To Conserve, Ride Public Transit Amid Energy Shock
The Gulf energy shock is now hitting Asian economies with full force.
In Seoul, President Lee Jae Myung on Thursday urged citizens to "save every drop of fuel," a new sign policymakers are moving quickly into crisis mode as the U.S.-Iran conflict raises the risk of nasty fuel shortages across some of Asia's most energy- and Hormuz-dependent economies.
Lee told lawmakers in a parliamentary address about the urgent need to conserve fuel. He warned that...
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Apr 29, 2026 / Tyler Durden
Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse
Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse
After closing his hedge fund in the aftermath of the meme-stock upheaval, Gabe Plotkin is exploring a new investment structure, according to Bloomberg.
He’s looking to place a portion of his personal holdings into an exchange-traded fund, using a method that has become increasingly attractive for wealthy investors seeking to postpone capital gains taxes.
As co-chair of the Charlotte Hornets, Plotkin is expected to contribute most of the starting assets for a proposed vehicle called the Snowball ETF, according to people familiar with...
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