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Trump Asks Congress for Additional $87.6 Billion, Mainly for Iran War

The White House sent a letter to Congress on Wednesday requesting an additional $87.6 billion in supplemental funding, with the vast majority going toward “costs incurred” by the US-Israeli war against Iran. The White House Office of Budget Management told House Speaker Mike Johnson (R-LA) that the nearly $70 billion earmarked for the Iran war […]
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May 7, 2026 / Tyler Durden
Boeing Shares Rise As CEO Set To Join Trump On China Trip, Fueling Aircraft Order Speculation
Boeing Shares Rise As CEO Set To Join Trump On China Trip, Fueling Aircraft Order Speculation Boeing shares rose in late-morning trading in New York after CNBC reported that CEO Kelly Ortberg will join President Trump on his trip to Beijing next week for talks with President Xi Jinping. Boeing shares climbed a little more than 2% on the news as traders began to price in the possibility of a Chinese aircraft order, potentially covering both narrow-body and wide-body jets from the U.S.-based aircraft manufacturer. Senator Steve Daines, who is leading the...
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Oct 17, 2026 / Tyler Durden
How I Stopped Worrying, And Learned To Love Data Centers
How I Stopped Worrying, And Learned To Love Data Centers Authored by Norm Singleton via RealClearMarkets, During this time of increased political polarization, it is good to know that there is one issue uniting Trump-loving MAGA Republicans, Bernie Sanders-style Democratic Socialists, and everyone in between: opposition to data centers, especially large data centers built for artificial intelligence (AI). Part of the opposition stems from the public's increasing skepticism of AI. An even larger part is generated by concerns over how AI will drive up electricity costs for those living close to...
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Oct 19, 2026 / Tyler Durden
Houthis Target More Saudi Airports, Aramco Sites As US Issues Urgent Alert For 12 Mideast States
Houthis Target More Saudi Airports, Aramco Sites As US Issues Urgent Alert For 12 Mideast States Embassies in the Middle East - and broadly the State Department - have issued warnings that the Iran and Yemen conflicts may soon escalate unpredictably, including a blanket new travel alert covering for no less than a dozen regional countries. More missiles were launched on Saudi Arabia Monday: "Yemen’s Houthis said on Monday they carried out attacks on Saudi energy, airport, and military targets including an Aramco facility ‌in Yanbu, the Shaybah oilfield, King Khalid International...
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