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FOMC Minutes Tilt Hawkish: 'Inflation Risks Skewed To The Upside' Due To AI
FOMC Minutes Tilt Hawkish: 'Inflation Risks Skewed To The Upside' Due To AI
While today's market moves (post-Bessent's OpTwist bailout) are changing things rapidly, since the last FOMC meeting, on July 19th, where Warsh held rates (hawkishly) unchanged (in the biggest surprise to market expectations in decades) amid multiple dissents, gold, bitcoin, and oil have outperformed, the dollar and bonds have lagged, with stocks solidly green in the middle...
And rate-hike expectations have plunged, erasing the hawkish shift since Warsh's first Fed meeting (thanks mostly to weak macro since the meeting)...
With...
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Apr 16, 2026 / Tyler Durden
Former Virginia Lt. Gov. Justin Fairfax And Wife Found Dead In Apparent Murder-Suicide
Former Virginia Lt. Gov. Justin Fairfax And Wife Found Dead In Apparent Murder-Suicide
Justin Fairfax, the former lieutenant governor of Virginia, and his wife, Cerina Fairfax, a dentist, were found dead in an apparent murder-suicide at their home shortly after midnight on Thursday, according to Fairfax County police.
Justin Fairfax in 2019. He served as Virginia’s lieutenant governor from 2018 to 2022.Credit...Parker Michels-Boyce for The New York Times
Fairfax, 47, shot and killed his wife before turning the gun on himself, Police Chief Kevin Davis said. The couple’s teenage children were home...
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Jun 23, 2026 / Tyler Durden
Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet
Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet
Submitted by Tsvetana Paraskova of OilPrice.com
Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments through the Strait of Hormuz.
State-held Kuwait Petroleum Corporation (KPC) has issued a tender to sell naphtha cargoes to be picked up at Kuwaiti ports by buyers, Bloomberg reported on Monday, quoting a tender document it had seen.
The Kuwaiti tender...
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Apr 25, 2026 / Tyler Durden
Mother Of NYC Thug Who Body-Slammed And Stomped Girl's Head Says He's The Victim
Mother Of NYC Thug Who Body-Slammed And Stomped Girl's Head Says He's The Victim
Authored by Steve Watson via Modernity.news,
A deranged mother is rushing to the defense of her 14-year-old son after he was filmed slamming a 15-year-old girl to the concrete and stomping on her head in East Harlem — all because she refused to give him her phone number.
The horrifying attack, captured on video and shared widely online, has left the victim hospitalized with a concussion. Yet instead of demanding accountability, the boy’s mother is painting her son as a victim of bullying.
The...
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