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Trump Sees 'Momentum' Toward Ending Iran War, But The 'Military Engagement' Continues

Trump Sees 'Momentum' Toward Ending Iran War, But The 'Military Engagement' Continues Update(1715ET): Oil prices have been declining throughout the day, as the White House continues to signal that there are no imminent new attacks on Iran, and that time will be allowed for negotiaitons.President Trump on Monday afternoon has continued to express optimism related to Qatar-mediated talks, while also telling reporters that a new bombing campaign against Iran doesn't seem to be a very necessary thing "at this point".He issued a long Truth Social post after meeting with the...
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Oct 16, 2026 / Tyler Durden
US Closes Fiscal 2026 With $2 Trillion Budget Deficit, Pays Record $1.4 Trillion In Interest
US Closes Fiscal 2026 With $2 Trillion Budget Deficit, Pays Record $1.4 Trillion In Interest With DOGE disbanded more than a year ago, and tariffs struck down by the Supreme Court, the US is no longer even pretending that there is any hope to normalize spending, or any kind of happy ending to the US debt trajectory.  At 2pm today the US Treasury published the latest, September, monthly budget deficit data, which was also the last month of fiscal 2026, and it will again come as no surprise to anyone that...
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Oct 20, 2026 / Tyler Durden
Chinese Tech Giants Order $35 Billion Of Nvidia's Latest 'Compliant' GPUs - Except There's A Huge Problem
Chinese Tech Giants Order $35 Billion Of Nvidia's Latest 'Compliant' GPUs - Except There's A Huge Problem ByteDance, Alibaba, and Tencent have ordered more than 3 million of Nvidia's new RTX PRO 5500 workstation GPUs, representing a collective sticker price exceeding $35 billion, as Chinese tech giants scramble for export-compliant hardware amid ongoing U.S. trade restrictions, Reuters reported Tuesday, citing sources familiar with the matter. Nvidia has warned customers and partners that it cannot guarantee fulfillment because Chinese demand vastly outstrips planned production. One source indicated that buyers were informed they...
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Sep 18, 2026 / Tyler Durden
Shocker: AI-Exposed College Majors Linked To Weaker Employment And Pay, Study Finds
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