Musk Says "SoftBank Is Defaulting On Turbine Orders"

US Treasury Secretary Presses Senate To Pass Crypto Market Structure Legislation Authored by Micah Zimmerman via BitcoinMagazine.com, Treasury Secretary Scott Bessent told a Senate panel Wednesday that passing comprehensive crypto legislation is essential to securing U.S. financial leadership and protecting the dollar’s status as the world’s reserve currency, using an appearance before the Senate Appropriations Subcommittee on Financial Services and General Government to amplify a push for legislation that has stalled on Capitol Hill for months. Bessent testified at a hearing reviewing President Donald Trump’s Fiscal Year 2027 budget request for the Department of the Treasury. During the...

The Department of War has raised the counterintelligence threat posed by Israel to its top level. The sources said that Tel Aviv wanted intelligence on Washington’s plans for the war against Iran.  The New York Times and NBC News report speaking with multiple sources who said that the Defense Intelligence Agency raised the threat posed […]

Costco Begins Rationing Kirkland Signature Motor Oil As Refined Crisis Spreads Costco's Kirkland Signature motor oil has doubled in price, and customers now reportedly face a purchase limit as the Gulf energy conflict, combined with the Russia-Ukraine war, has sent the global refining market into a tailspin. Auto news website The Auto Wire reports that a 10-quart package of Kirkland full-synthetic oil now costs about $58, up from around $30, with a new purchase limit of two packages per week. Costco's online sales platform confirms an order limit: when attempting to order...