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06.04.26 - 15:33
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Futures Rise, Oil Drops On Report Of Ceasefire Push (ZeroHedge)
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Futures Rise, Oil Drops On Report Of Ceasefire Push
US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of 8:00am ET S&P 500 futures added 0.1% in light trading after the Easter holiday, reversing an earlier loss of as much as 0.8%, but also off session highs. Nasdaq futures tose 0.4% with all Mag 7 stocks higher mostly higher. Several markets in Europe and Asia were still closed. WTI crude was traded near $110 a barrel, just off session lows, after it opened just shy of a post-wary high of $115. The dollar weakened. Ten-year Treasury yields held near 4.34%. Focus this week (outside of Iran): FOMC minutes on Wednesday, PCE Thursday, and CPI Friday. LEVI reports Tuesday night and DAL Weds morning. On the calendar for today: US ISM Services @ 10am (est 54.9, last 56.1), Trump...
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06.04.26 - 15:33
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Trump Admin Appeals Order Halting White House Ballroom Construction, Citing Security Concerns (ZeroHedge)
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Trump Admin Appeals Order Halting White House Ballroom Construction, Citing Security Concerns
Authored by Ryan Morgan via The Epoch Times,
The Trump administration on April 3 appealed a judge's order to halt construction on a new White House ballroom, elevating security concerns associated with the project.
On March 31, U.S. District Judge Richard Leon issued an order declaring the president lacked the authority to order the $400 million addition on the presidential residence.
Leon's ruling came as a win for the National Trust for Historic Preservation in the United States, a congressionally chartered nonprofit for the preservation of U.S. monuments and historic sites, which has challenged the White House renovation.
The U.S. National Park Service filed an emergency motion before the U.S. Court of Appeals for the District of Columbia Circuit on April 3, arguing that halting the construction in progress exposes a construction site with highly sensitive security features.
Beyond simply buildin...
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06.04.26 - 15:33
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US Satellite Firm ′Indefinitely Withholds′ Iran War Images Per Government Request (ZeroHedge)
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US Satellite Firm 'Indefinitely Withholds' Iran War Images Per Government Request
Authored by Alan Mosley via AntiWar.com,
Planet Labs says it will "indefinitely withhold" satellite visuals of Iran and the wider Middle East war zone after a request from the US government and the Trump administration. In an email to customers, the firm said it is shifting to a "managed distribution" model, releasing imagery only case-by-case for "urgent, mission-critical requirements," or when release is deemed "in the public interest." Planet also said it will withhold imagery dating back to March 9, and it expects the policy to remain in effect until the conflict ends.
On March 6, Planet Labs announced a mandatory 96-hour delay on new imagery collected over the Gulf states, arguing that near-real-time pictures could be exploited to "endanger allied, NATO, and civilian personnel." That measure later expanded into a 14-day delay, described by Planet as an ...
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