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Trump Says Saudi Nuclear Deal Requires Riyadh to Enter Abraham Accords
President Donald Trump announced that the nuclear agreement with Saudi Arabia will require the kingdom to normalize ties with Israel and will not allow Riyadh to have a domestic enrichment program. “The Civil Nuclear Deal (There will be no enrichment of material!) being made between the United States Department of Energy and Saudi Arabia, which […]
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Sep 30, 2026 / Tyler Durden
Benchmaxxed: Google's New Gemini 4 Aces SAT, Struggles With Actual Job, "Skeptical Employees" Admit
Benchmaxxed: Google's New Gemini 4 Aces SAT, Struggles With Actual Job, "Skeptical Employees" Admit
After a year in which Google's AI roadmap resembled a Waymo stuck in a roundabout, the search giant on Wednesday finally unveiled Gemini 4 "Argon", its long-awaited flagship model. The market cheered, briefly: according to Goldman's closing equities color, GOOG traded +2% after hours on the "Argon" announcement.
Then Bloomberg reported that some of the people who have actually use the thing - as in Google's own engineers - aren't nearly as impressed as the leaderboard. The...
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Mar 31, 2026 / Tyler Durden
Negative Equity Leaves 30% Of Car-Buyers Underwater On Trade‑Ins
Negative Equity Leaves 30% Of Car-Buyers Underwater On Trade‑Ins
Authored by Andrew Moran via The Epoch Times,
Almost one-third of American car buyers with a trade-in owe more than the vehicle is worth, new industry data show.
About 30.5 percent of buyers trading in a car toward a new vehicle maintained negative equity, according to a JD Power report released on March 26.
This is up 4.2 percentage points from a year ago and has been steadily rising since 2022, “as consumers who purchased during the peak of inventory shortages 4 years ago...
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Apr 22, 2026 / Tyler Durden
Trump's "Sock Puppet"
Trump's "Sock Puppet"
By Philip Marey of Rabobank
Summary
The confirmation hearing of Fed Chair nominee Kevin Warsh by the Senate Banking Committee was a very partisan affair.
In his prepared remarks, Warsh stressed that monetary policy independence is essential, but he does not believe that the operational independence of monetary policy is particularly threatened when elected officials state their views on interest rates. Warsh thinks the Fed must stay in its lane and avoid straying into fiscal and social policies.
Warsh was walking a tightrope between convincing the Senate Banking Committee that he...
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