American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins

Oil Markets Price In An Iran Deal That Does Not Exist Yet Oil prices tumbled Tuesday as traders once again priced in a U.S.-Iran agreement before anyone had actually signed one. West Texas Intermediate was trading at $75.64 per barrel shortly before 2 p.m. ET, down $4.70, or 5.85%, while Brent had fallen $4.61 to $79.16. Both benchmarks touched three-week lows as hopes rose that an agreement could reopen the Strait of Hormuz. As reported earlier, Treasury Secretary Scott Bessent said a deal could come Tuesday or Wednesday, while Secretary of State...

Meta Plunges After Boosting Capex Outlook Again On "Higher Component Pricing" The last of the giga-caps to report today, the increasingly more misnamed Meta Platforms, had some good news to report for the just completed Q1. It also had bad news, and judging by the plunge in the stock price, the market is focusing on the latter.  First, the good news: the company reported revenue and EPS both of which beat estimates, and guided Q2 revenues which came in roughly in line with estimates. Here is the breakdown.  EPS $10.44 vs. $6.43...

Don Lemon Seeks Dismissal Of Federal Charges Over Minnesota Church Protest Authored by Savannah Hulsey Pointer via The Epoch Times, Former CNN host Don Lemon has asked a federal judge to dismiss the charges brought against him in connection with an anti-immigration enforcement protest at a Minnesota church. The January protest against Immigration and Customs Enforcement (ICE) operations interrupted a worship service at the church. Lemon, who was charged with violating federal civil rights laws, argued that he was not participating in the protest but was there only to document the events. Lemon’s...