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IRS Takes Aim At AQR's Tax-Slashing "Holy Grail", Warns Crackdown May Be Retroactive

IRS Takes Aim At AQR's Tax-Slashing "Holy Grail", Warns Crackdown May Be Retroactive For three years Wall Street's hottest product wasn't a stock, a sector or even an AI trade - it was losing money. Specifically, losing it in a very precise, very engineered way so that the "losses" could be handed to the IRS while the portfolio itself kept compounding. But now the taxman has finally noticed. On Monday, Treasury and the IRS released Notice 2026-62 and Revenue Ruling 2026-20, a double-barreled warning shot at the "tax alpha" industry. Among...
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Jun 20, 2026 / Tyler Durden
Trump Says He No Longer Views Anthropic As A National Security Threat
Trump Says He No Longer Views Anthropic As A National Security Threat Authored by Jacob Burg via The Epoch Times, President Donald Trump said he no longer views the artificial intelligence (AI) giant Anthropic as a national security threat. Illustration of Anthropic on June 18, 2026. Riccardo Milani/Hans Lucas via AFP via Getty Images "We have a situation with Anthropic, and we didn't like what they were doing, and so far I think they behaved very responsibly to our request," Trump told Axios's Marc Caputo in an interview that aired on June 19. Caputo...
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Aug 21, 2026 / Tyler Durden
Pink-Clad Feminist Mob Rallies In Support Of Confessed Child Murderer
Pink-Clad Feminist Mob Rallies In Support Of Confessed Child Murderer A mob of liberal women decked out in pink is taking to the streets in front of the Plymouth Superior Courthouse in Plymouth, Massachusetts for a rally in support of Lindsay Clancy during her ongoing murder trial.  The group, which is often accused of being "terminally online", has been invading social media discussions for weeks to inject arguments in defense of Clancy, who confessed to the murder of her three helpless children.  Now, these women (and a few beta husbands) are going...
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Apr 4, 2026 / Carlos Boix
The Myth that Won't Die: "War is Good for the Economy"
One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.
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