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  1. #51251
    dangerous floater Winehole23's Avatar
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    swamp creatures at play

    US regulators were ordered by a Trump Administration political appointee to stop investigating suspected insider trading relating to Donald Trump's March 23 announcement that he wouldn't bomb Iranian power plants. The move is said to be "unheard of".



    15 minutes before Trump posted an announcement of his decision on Truth Social, an unusually large volume of trading in a two-minute window commencing 6:49 a.m. New York time saw more than $2 billion being bet on falling oil prices and rising stocks.

    Trump's announcement caused the price of Brent crude to fall as much as 14%, and US and European stocks jumped roughly 4%. It's likely that the traders made a substantial profit, possibly several tens of millions of dollars.

    Bloomberg reports that forensic analysts at the Commodity Futures Trading Commission (CFTC) flagged the trading and filed a referral to the enforcement division, which decides whether to open a full investigation.

    However, sources say that Mel Gunewardena, a senior adviser to Trump-appointed CFTC chairman Michael Selig, then told a supervisor to retract the referral. He then built his own team to re-analyse the data independently of the career analysts, who resigned or were reassigned.



    A former CFTC enforcement director says that such an intervention would have been unheard of under previous administrations. Since Trump returned to office, 20% of CFTC staff have been cut, and enforcement actions have fallen by 86% since 2023.

    The Gunewardena-led CFTC investigation is said to be still ongoing alongside a parallel one in the Justice Department. No outcome has been announced yet in either.

    More broadly, there has been little reported progress in tackling suspected insider trading, other than the arrest of a soldier in the Maduro case and the CFTC ordering Trump's former teleprompter operator, Gabriel Perez, to return money gained from insider trading.

    Source:www.bloomberg.com/news/feature...
    https://bsky.app/profile/chriso-wiki.../3mxrhnuyi722k

  2. #51252
    dangerous floater Winehole23's Avatar
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    Lions attacking people, some of it looks like AI

    https://www.yahoo.com/news/us/articl...205626435.html

  3. #51253
    dangerous floater Winehole23's Avatar
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  4. #51254
    dangerous floater Winehole23's Avatar
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    ^^^ that was a parody

  5. #51255
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  6. #51256
    dangerous floater Winehole23's Avatar
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    Retail gasoline prices rose 9.1 percent in September alone, and are up 34.2 percent over the past year. Fuel oil prices are up a whopping 74.2 percent from a year ago.

  7. #51257
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    CPI inflation rose to 3.7% year-on-year in data released this morning, hitting the second-highest level since 2023 while increasing 0.6% month-on-month

    Core CPI inflation rose to 2.6% year-on-year, increasing 0.3% month-on-month

  8. #51258
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    US earnings and purchasing power dip



  9. #51259
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    "Supercore" prices -- core services excluding housing -- rose 0.4 percent in September, following another hot print in August. Over the past three months, supercore prices have risen at an annual rate of 4.6 percent.

  10. #51260
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    man-baby POTUS



  11. #51261
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    government ownership dashboard

    what's it called when the government steers economic activity and owns the means of production?




  12. #51262
    right about pizzagate Blake's Avatar
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  13. #51263
    Believe.
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  14. #51264
    right about pizzagate Blake's Avatar
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    It's pretty insane how many people will dismiss their stupid high gas and grocery bills as long as the Rs keep up the good fight against the evils of the world like transgender athletes and the Uber delivery driver who's temporary visa expired.

    SHOOT THEM! LITERALLY!

  15. #51265
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    Inflation in prices that businesses pay each other and charge each other – tracked by the Producer Price Index (PPI) – accelerated to 6.3% year-over-year in September, the worst inflation in the realm of businesses since December 2022 (red in the chart).


    Inflation has been far more aggressive for businesses than for consumers, though it has also been getting worse for consumers: The Consumer Price Index yesterday accelerated to +3.7% year-over-year. GDP tracks inflation that all economic participants face – consumers, businesses, non-profits, and governments. And these readings in the PPI today and the CPI yesterday tell us that inflation in the overall economy in Q3 was ugly, and we’ll discuss that ugliness here when it is released with the Q3 GDP data at the end of the month.



    On a month-to-month basis, the overall PPI ed by 1.3% (+17.4% annualized) in September from August (blue in the chart), according to the Bureau of Labor Statistics today. Part of it was driven by a huge e in energy costs, and part of it was driven by a huge e in the costs of services that businesses buy and pay for.



    https://wolfstreet.com/2026/10/15/bu...ing-inflation/

  16. #51266
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    "Data shows the US on its way to being as unpopular a tourist destination as Russia, & for roughly the same reasons. In both countries, a tourist who runs afoul of the govt might spend months in a freezing warehouse without no legal counsel."

  17. #51267
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    It's incredibly more brutal to listen to this new press secretary than the last.

    https://www.cnn.com/2026/10/13/polit...press-briefing
    Lol lasting 5 days

  18. #51268
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    importing and exporting inflation



  19. #51269
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  20. #51270
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    Nominal wages are purportedly up about three percent from a year ago, but it’s a mirage.



    For six months, inflation-adjusted wages have been negative.
    https://mishtalk.com/economics/real-...cutive-months/


  21. #51271
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  22. #51272
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    Trump drove up taxes and costs for all but the very top of the income scale

    The Trump administration’s economic policies have driven up taxes and costs for all but the wealthiest 1% of Americans, according to a new analysis from an economic think tank.


    A typical American consumer, someone in the middle 20% by income, will pay about $1,700 more in taxes and other costs in 2026 because of Trump’s policies, the report found. The poorest 20% will pay about $750 more.


    Only the top 1% of earners will pay less: $12,560 less, according to the report from the Ins ute on Taxation and Economic Policy (ITEP), a left-leaning think tank.
    https://www.usatoday.com/story/money...s/92284358007/

  23. #51273
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    I'm studying his body. I've never studied the body of a man before. It's not my thing. Nothing wrong with it, of course. But it's never been my thing. But I looked at his ass. I said, 'His ass, , it's like a pile of muscle.' Then I looked at his legs and I said, 'Man, his feet are big.

  24. #51274
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    1st bisexual POTUS weighs in

    no judgement

  25. #51275
    right about pizzagate Blake's Avatar
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