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Futures Hit Record High As Oil Tumbles After Bessent Says Hormuz May "Reopen Tomorrow"
Futures Hit Record High As Oil Tumbles After Bessent Says Hormuz May "Reopen Tomorrow"
S&P futures are trading at all time high with the latest push higher triggered by comments from Scott Bessent on CNBC who echoed Trump in saying that "we may have Iran deal tomorrow to open Hormuz" (or we may not). The Nasdaq also looks set to extend Monday’s gains: As of 8:00am ET, S&P futures are up 0.4% to an all time high of 7655 and Nasdaq futures rise 1.1%, as Palantir soared 16% pre-market after upping...
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Aug 19, 2026 / Tyler Durden
UAE Cuts Ties As Iran Warns Gulf States Against Helping Washington; Kpler Says US Navy Gaining Ground In Hormuz
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Trump Seeks $152 Million To Reopen Alcatraz Prison
Trump Seeks $152 Million To Reopen Alcatraz Prison
Authored by Kimberley Hayek via The Epoch Times,
The White House on Friday requested $152 million to reopen Alcatraz, which is offshore from San Francisco, as a federal prison.
The funding appears in the proposed budget for fiscal year 2027, released by the administration.
It would cover first-year costs for the Federal Bureau of Prisons to rebuild the island facility into “a state-of-the-art secure prison facility,” according to the document. Alcatraz has operated as a National Park Service tourist site since 1973, after the federal...
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May 21, 2026 / Tyler Durden
Daily Wire Names New CEO As Audience, Revenue Challenges Mount
Daily Wire Names New CEO As Audience, Revenue Challenges Mount
The Daily Wire announced Tuesday that CEO Caleb Robinson is stepping down effective immediately and transitioning to a board role while retaining significant ownership in the company. Mike Richards, who joined as President and Chief Content Officer roughly a year ago, has been named the new CEO.
Robinson framed the move as a deliberate shift: "Stepping down as CEO of Daily Wire. Effective immediately, my new title is 'guy on the board who still owns a lot of the company.' Pay...
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