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Bessent Says US Is ‘Suffocating’ Iran With Oil Industry Creaking
(Bloomberg) - Treasury Secretary Scott Bessent said the US is “suffocating” Iran with economic and financial pressure, suggesting that the rulers in Tehran will eventually buckle.
Kevin Warsh Says He Favors A More Dynamic Approach To Monetary Policy
Incoming Federal Reserve Chair Kevin Warsh signaled during his confirmation hearing that he favors a more dynamic and openly debated approach to monetary policy deliberations, suggesting that more rigorous internal disagreement can ultimat
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The Economy's "Bifurcated" Nature Historically Leads to a Recession
The U.S. economy is currently exhibiting a "bifurcated" nature, a rare condition that historically has led to recessions.
Trump Media CEO Urges House GOP to Address 'Potential Manipulation' of DTJ Stock
Trump Media (DJT) CEO Devin Nunes is urging Republican lawmakers to investigate "potential manipulation" of DJT's stock in response to what he claims to be "anomalous trading" of shares.
Potential Stock Market Crash According to Investment Strategist
Paul Dietrich, the chief investment strategist at B. Riley Wealth Management, recently posited a potential 44% crash in the stock market.
Weak GDP, Strong Prices, Highlight Fed Dilemma
U.S. economic growth in the first quarter fell below the Fed's estimates, but along with fast inflation that if sustained, poses a particular dilemma.