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America’s economy could be thrown into turmoil by the war between Israel and Hamas, analysts have said – warning that the dollar could be impacted and oil prices swiftly affected. The conflict may lead to higher inflation in the United …
The Fed can’t print oil, & Brandon has drained the Strategic Petroleum Reserve via theguardian: Oil prices are on track to reach $100 a barrel this month for the first time in 2023 after surging by almost 30% since June, …
Risk on due to recession fears… h/t inWineVerit4x
The National Highway Traffic Safety Administration has opened an investigation into a fatal crash involving a Tesla Model Y earlier this year, according to Reuters, after the agency suspected the vehicle was relying on its Autopilot system—marking the latest probe into …
China’s top tech companies, including Alibaba, Baidu, ByteDance, and Tencent, have placed orders worth $5 billion for Nvidia chips to make generative AI systems. The orders include $1 billion for 100,000 A800 processors to be delivered this year, as well …
Us Banks Report Biggest Capital Outflow in 40 Years According to the report, US banks lost $472 billion in deposits during the January-March period, marking the fourth consecutive quarter of industry outflows. The decline was primarily from uninsured funds, the …