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Four House Republicans Break Ranks To Help Democrats Pass Iran War Powers Resolution
Four House Republicans Break Ranks To Help Democrats Pass Iran War Powers Resolution
The House on Thursday approved a Democratic-led war powers resolution aimed at restricting President Trump's military operations in Iran, with four Republicans providing the decisive votes.
The measure, sponsored by Rep. Pramila Jayapal (D-Wash.) and forced to the floor with Rep. Jason Crow (D-Colo.), passed 214-208. Joining every Democrat were Reps. Tom Barrett (R-Mich.), Warren Davidson (R-Ohio), Thomas Massie (R-Ky.) and Brian Fitzpatrick (R-Pa.) - the same quartet that crossed the aisle on a similar resolution last month.
It...
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Sep 3, 2026 / Tyler Durden
All Bubbles End In Deflation
All Bubbles End In Deflation
Authored by Bill Bonner via DailyReckoning.com,
We begin this week’s perambulations with a stroll into the future.
So far…the Bubble in the US is broader than any in history. It has been inflating everything it touched for the last 30 years.
All bubbles pop, of course. How they pop is the confusing whirlwind we enter today.
But don’t worry. Even in the worst crash, real wealth doesn’t disappear, it just changes hands. When the stock market goes down, those with stocks have less paper wealth…and less of a claim...
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Sep 29, 2026 / Tyler Durden
Record Plunge In Real-Estate Job Opening Sends JOLTS Sharply Lower, Hints At Ugly Jobs Report
Record Plunge In Real-Estate Job Opening Sends JOLTS Sharply Lower, Hints At Ugly Jobs Report
After five straight months of JOLTS beats earlier in the year, including two blowout prints for April and May and zero misses since 2025, the June JOLTS report was a surprising miss (despite the previously discussed surge in government job openings). One month later, the July JOLTS report made it two misses for two, when the US reportedly had 7.271 million job openings, modestly below the consensus estimate. Fast forward to today when moments ago the...
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Jul 9, 2026 / Tyler Durden
Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa
Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa
Cocoa futures in New York have doubled since the start of March and have now climbed back toward levels not seen since late 2025, around $6,000 a ton, as Jefferies analysts warn that a "perfect storm's a-brewing" across West Africa, the world's top cocoa-farming region.
Jefferies analyst Scott Marks wrote in a note on Tuesday that new weather concerns center on Ivory Coast and Ghana, the world's top cocoa-growing regions.
He said that temperatures in both countries have been about...
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