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Sen. Cruz Says GM Pushed The China Car Ban Provision That Would Also Knock Out Mercedes-Benz
Sen. Cruz Says GM Pushed The China Car Ban Provision That Would Also Knock Out Mercedes-Benz
The Senate Commerce Committee advanced the bill unanimously. Its chairman voted yes and then accused a Detroit automaker of writing part of it to remove a German competitor.
People look at a BYD Seagull car by Chinese electric vehicle (EV) manufacturer BYD Auto at the Bangkok International Motor Show in Nonthaburi on March 27, 2024. Lillian Suwanrumpha /AFP via Getty Images
The Senate Commerce Committee unanimously advanced the Connected Vehicle Security Act of 2026 on July...
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Jun 9, 2026 / Tyler Durden
Apple's Aura Is Starting To Crack
Apple's Aura Is Starting To Crack
Submitted by QTR's Fringe Finance
Apple isn’t in trouble. The company still generates enormous amounts of cash, the iPhone remains one of the most successful consumer products ever created, and its business continues to grow. If you forced me to choose one ecosystem to live in for the next decade, I’d still probably choose Apple’s. But for the first time in a very long time, the company appears to be showing signs of something investors haven’t had to worry about for years: imperfection.
And in a...
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Aug 11, 2026 / Tyler Durden
Despite Record Surge In Subprime Car Loan Originations, US Household Debt Dropped In Q2: First Since COVID
Despite Record Surge In Subprime Car Loan Originations, US Household Debt Dropped In Q2: First Since COVID
Something unprecedented happened in the second quarter: aggregate household debt balances declined by $13 billion, a 0.1% decline from Q1. Balances stood at $18.8 trillion, up $4.6 trillion since the end of 2019, just before the pandemic recession. But the reason why we say it was unprecedented, is that the Q2 drop was the first quarterly decline in total household debt since the second quarter of 2020, when the US economy was gripped...
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Sep 8, 2026 / Tyler Durden
Iran Says Basij Force Commander Killed In Mystery Insurgent 'Terror Attack'
Iran Says Basij Force Commander Killed In Mystery Insurgent 'Terror Attack'
American and Israeli officials have continued to speculate about fomenting some kind of internal rebellion or large-scale street uprising inside Iran, in hopes of toppling the leadership of the Islamic Republic. Bombs have largely fallen silent, for now.
But the longer the Iran war drags on, amid sporadic tit-for-tat action between US and Iranian forces as they clash over who controls the Strait of Hormuz, the more unlikely the kind of groundswell of protests like what was seen last January...
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