Futures Slide, Oil Jumps After Trump Declares Iran Ceasefire Over

IRS, Treasury Propose Cutting Tax-Exempt Status For Schools With Diversity Policies Authored by Jack Phillips via The Epoch Times, The Trump administration is proposing a new rule that would strip private colleges and schools of their tax-exempt status if those institutions engaged in racial discrimination through policies such as diversity, equity, and inclusion (DEI). The U.S. Treasury Department and the Internal Revenue Service said on Thursday that a proposed rule would bar a private school from obtaining tax-exempt status under section 501(c)(3) of the U.S. tax code if the school "adopts, maintains,...

Massive Security Presence For Khamenei’s 'Multi-City' Funeral Amid Hezbollah, Hamas, Taliban, China, Russia Paying Respects Via The Cradle Intensive preparations and security measures took place on Friday for late Iranian supreme leader Ali Khamenei’s massive funeral, as foreign officials and delegations began arriving in the country from dozens of nations to pay their respects.  The heightened security measures, including airspace restrictions and mass deployment of security forces, began this week and extended into Friday. via AFP The event is being described as a "multi-city" funeral that will span several parts of Iran, including Tehran, Qom, and...

Solar Stocks Surge As Energy Shock Revives Renewables Trade Goldman analyst Adam Wijaya asked clients whether this year's surge in SolarEdge, Enphase Energy, and other solar stocks is reviving a familiar trade: higher crude oil and natural gas prices in Europe and globally, strengthening the case for renewables as the energy shock sparks a return to coal switching. "Are we back to running the 2022 playbook?" Wijaya asked in a note published Monday. Wijaya said, "Certainly seems that way based on recent px action in residential solar."  "SEDG is +79% YTD vs ENPH...