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Report: White House Fears Oil Will Hit $150 Per Barrel
Trump administration officials are bracing for the possibility that oil prices will climb above $150 a barrel as the Iran war continues, multiple sources told Politico.
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Feds Target Insider Trading in Prediction Markets
The Commodity Futures Trading Commission will prioritize targeting market misconduct, including insider trading in prediction markets and manipulation in energy markets, the agency's new enforcement director said Tuesday.
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Dems Struggle to Criticize Trump's No Tax On OT
President Donald Trump's tax deduction for overtime is a hit with voters and Democrats are struggling to message against it.
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The Social Security Math Problem: Choosing the Least Bad Solution
Americans are approaching a mathematical reality that no politician wants to confront, but every taxpayer eventually must: Social Security is on an unsustainable path.
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Between Deflation and Fiat Credit: China Grapples with the Sins of the Past
The Chinese economy remains trapped in deflation. Falling prices reflect demographic shifts as well as politically induced overcapacity in real estate and industry. The export sector continues to act as a pressure valve, though it is increasingly facing international...
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Sens. Cruz, Cantwell Hit FCC's Carr on Nexstar Merger
Senate Commerce Committee leaders Ted Cruz, R-Texas, and Maria Cantwell, D-Wash., are demanding answers from Federal Communications Commission Chair Brendan Carr over the agency's approval of Nexstar's $6.2 billion acquisition of Tegna.
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Dow Soars 1,100 on Iran War Off-Ramp Hopes
Wall Street ended sharply higher Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent oil prices soaring and fueled fears of global inflation in recent weeks.
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Dow Jumps 1,000 Points on Iran War-End Hopes
Stocks rallied Tuesday as fresh reports fueled investor optimism that the U.S.-Iran conflict could be nearing an end.
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Rubino: Fiat Currencies Are in a Death Spiral
The fiat currency collapse narrative is one of the most emotionally satisfying arguments in all of financial punditry.
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Mamdani Reopens TikTok to NYC Government
New York City Mayor Zohran Mamdani reversed a 2023 ban on TikTok across city government devices on Tuesday, reopening the platform to municipal agencies under strict security controls, according to an internal email obtained by Wired.
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Iran Expands Cyber War Targeting US, Israel
Iran's most formidable weapons reportedly include three different levels of hackers aiming to both wage psychological warfare and break through U.S. and Israeli cyber defenses. As tensions escalate alongside military strikes in the Middle East...
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Tech Stocks Struggle for Safe Haven Appeal in Iran Market Fallout
Technology shares are struggling to act as safe havens in the turbulence wrought by the Iran conflict - and that could be a big problem for the broader U.S. stock market.
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Appeals Court Backs Boeing Criminal Case Dismissal
A U.S. appeals court on Tuesday upheld a ruling by a lower court to approve the Justice Department decision to dismiss a criminal case against Boeing, which allowed the plane-maker to avoid prosecution on a charge stemming from two fatal 737 MAX plane crashes that killed 346 people.
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Gulf Drillers Win Exemption From Species Law
A federal panel voted unanimously on Tuesday to exempt oil and gas drillers operating in the Gulf of Mexico from a decades-old law meant to protect endangered species including whales, birds, and sea turtles.
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JetBlue Fee Hike Could Signal Higher Airfares
JetBlue Airways has raised checked baggage fees , a potential early signal that carriers are shifting higher jet fuel costs onto customers as crude tops $100 a barrel, the New York Post reports.
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US Single-Family Home Prices Rise Moderately
U.S. single-family house prices increased moderately in January, but rising mortgage rates as the war in the Middle East drags on could sideline potential first-time buyers from the housing market.
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Consumer Confidence Inches Up Despite Soaring Gas
U.S. consumer confidence inched higher in March despite soaring energy prices brought on by the war in Iran.
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Novo Nordisk to Launch Discount Wegovy Plans
Novo Nordisk will launch a discounted subscription plan for U.S. Wegovy patients paying for the drug themselves, offering monthly prices up to nearly 30% below its standard rate as it tries to widen access and regain ground from Eli Lilly in the booming obesity-drug...
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Washington State Enacts Tax on Income Over $1 Million
Washington state on Monday enacted a new tax on incomes over $1 million, becoming the latest Democrat-led state to target high earners with new levies.
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Trump Offers 1st Glimpse of Planned Presidential Library
President Donald Trump shared images of his planned presidential library on the Miami waterfront, posting a video that showcases a skyscraper-style complex featuring reconstructions of parts of the White House, military vehicles, and a gold statue of himself.
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NASA Astronaut: We'll Beat China in New Space Race
Former NASA astronauts Jose Hernandez and Charles Camarda offered sharply contrasting views Tuesday on Newsmax as anticipation builds for the Artemis II mission.
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Unilever, McCormick to Merge in $60 Billion Deal
Spice and flavorings company McCormick announced Tuesday that it's combining with Unilever's foods division, which includes household names like Hellmann's and Knorr.
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Epstein TV Series Sparks Buzz - but Who Plays Him
Hollywood is taking a new run at one of the most explosive scandals in modern history , and Sony Pictures Television is leading the charge.A new limited series produced by "Succession" heavyweight Adam McKay, aims to bring the Jeffrey Epstein case back into focus. But this...
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Trump to Allies: Buy US Oil or 'Fight for It'
President Donald Trump on Tuesday morning told countries unable to get oil due to disruptions in the Strait of Hormuz to "buy from the U.S." or "build up some delayed courage" and fight for it.
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Futures Soar 1% on De-Escalation Hopes, Monthly Losses Near
U.S. stock index futures gained Tuesday, as markets welcomed a report signaling potential de-escalation in the Middle East conflict that has set the S&P 500 and the Dow on course for their biggest monthly decline in years.