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Futures Rise As Dip Buyers Rush Back Into Chips After Worst Nasdaq Week Since Liberation Day
Futures Rise As Dip Buyers Rush Back Into Chips After Worst Nasdaq Week Since Liberation Day
US futures are higher - but well off session highs hit before the European open - as dip buyers storm back into chipmakers after the Nasdaq's worst week since the April 2025 tariff turmoil, while oil slides after President Trump waived Russian sanctions to seal a diesel deal and Energy Secretary Chris Wright said Persian Gulf flows have recovered to about 80% of pre-conflict levels; as a result Nasdaq futures are up more than...
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Jun 27, 2026 / Tyler Durden
Newsom Scrubs '$100 Million' Slippery Slope From National 'Billionaire Tax' Pitch - And He's Coming After Inheritance Too
Newsom Scrubs '$100 Million' Slippery Slope From National 'Billionaire Tax' Pitch - And He's Coming After Inheritance Too
California Governor Gavin Newsom (D) on Friday called for a national tax on billionaires. Except, in the original version, it was anyone with a net worth of at least $100 million - as quoted by multiple outlets, citing a post from Newsom's Substack account.
As originally reported by Politico:
His plan to address the country’s yawning wealth gap includes “a true minimum tax on billionaires and those with a net worth of $100 million” and creating a national public...
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Sep 24, 2026 / Dave DeCamp
Senate Narrowly Defeats Iran War Powers Resolution
The Senate narrowly defeated a War Powers Resolution on Thursday that would have directed President Trump to end the war with Iran, though the vote doesn’t negate the Iran War Powers Resolution that was passed by both the Senate and the House several months ago. The resolution failed Thursday in a 49-50 vote, with four […]
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Sep 16, 2026 / Jason Ditz
Israel Accuses Lebanon Army Chief of Being in League With Hezbollah
Israel’s Channel 14 has reported that the Israeli government is accusing Lebanese Army Commander Gen. Rodolphe Haykal of directly coordinating operations with Hezbollah, raising concerns about coordination between the two nations during the ongoing Israeli invasion and occupation of southern Lebanon. These claims are undermining US-brokered efforts to try to get Israel to cede small […]
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