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Labor Unions Join Banking Industry In Opposition To Senate Crypto Bill, The Clarity Act
Labor Unions Join Banking Industry In Opposition To Senate Crypto Bill, The Clarity Act
Authored by Micah Zimmerman via Bitcoin Magazine,
Five of the nation’s largest labor organizations are urging the Senate to vote against a pending cryptocurrency market structure bill, warning that the legislation would expose retirement accounts to digital asset volatility ahead of a key committee vote Thursday.
The AFL-CIO, Service Employees International Union, American Federation of Teachers, National Education Association, and American Federation of State, County and Municipal Employees sent letters and emails to Senate Banking Committee members, according...
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May 28, 2026 / Tyler Durden
Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
The Bank of Canada said the global financial system has functioned (surprisingly) well through recent global shocks, but underscored the risk of a sharp asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets.
The central bank’s 2026 financial stability report released Thursday noted financial asset valuations have continued to rise, while the stock market is increasingly concentrated in a handful of large tech companies that are...
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Apr 16, 2026 / Tyler Durden
US Navy Destroyer Shows Off New Launcher For Mystery Weapons
US Navy Destroyer Shows Off New Launcher For Mystery Weapons
The U.S. Navy has quietly equipped one of its Arleigh Burke-class destroyers with a previously unseen launcher, reflecting a broader effort to counter the growing threat posed by drones in contested maritime environments, according to TWZ.
USS Carl M. Launcher mounted on Levin (DDG 120) (U.S. Navy, VIRIN: 260329-M-FP389-1205)
A U.S. Marine Corps photograph released April 8, taken March 29 at Pearl Harbor, Hawaii, shows the USS Carl M. Levin fitted with the system on its aft upper deck. The multi-cell launcher,...
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Sep 18, 2026 / Tyler Durden
Winter Is Coming: Saudis Warn European Refiners Of Crude Shipment Disruptions Next Month
Winter Is Coming: Saudis Warn European Refiners Of Crude Shipment Disruptions Next Month
Hopes earlier this week that Saudi Arabia could restore roughly half the capacity of its East-West pipeline and resume crude loadings for Europe faded by the end of the week. The pipeline bypasses the Strait of Hormuz and carries crude to a Red Sea export terminal, making its recovery critical to restoring disrupted shipments to the energy-stricken continent.
Bloomberg reports that Saudi Aramco told at least two European refiners they would receive no crude deliveries next month, with...
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