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29.04.26 - 17:24
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Cryptos Firm Ahead Of Fed Decision (AFX)
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WASHINGTON (dpa-AFX) - Cryptocurrencies are trading on a firm note ahead of the interest rate decision by the Federal Reserve, to be announced on Wednesday afternoon. The Fed is widely expected to......
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29.04.26 - 17:01
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U.S. Crude Oil Inventories Pull Back Sharply (AFX)
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WASHINGTON (dpa-AFX) - After reporting an unexpected increase by U.S. crude oil inventories in the previous week, the Energy Information Administration released a report on Wednesday showing a sha......
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29.04.26 - 16:48
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Fed Chair Pick Warsh Approved By Key Senate Committee Along Party Lines (ZeroHedge)
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Fed Chair Pick Warsh Approved By Key Senate Committee Along Party Lines
The drama over Kevin Warsh's nomination as Trump's pick for next Fed chair appears to be over.
Moments ago, Warsh won the backing of the Senate Banking Committee Wednesday in a 13-11 party-line vote, putting him on track to be confirmed by the full Senate before Jerome Powell's term ends May 15, Bloomberg reproted.
Warsh's nomination had been held up by Republican Senator Thom Tillis until the Department of Justice agreed last week to drop (for now) a criminal probe into cost overruns in a renovation of the Fed's Washington headquarters. Tillis, who saw the probe as “bogus” and a threat to the Fed's independence on monetary policy, said in an interview on NBC's “Meet the Press” that he received assurances the department wouldn't reopen the case unless the Fed's inspector general, who is also reviewing the project, sends a criminal referral.
As expected, Democrats weren't won over: Senator Elizabeth War...
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29.04.26 - 16:48
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Max Pressure: U.S. Prepares For Extended Hormuz Blockade As Treasury Warns Sanction Risks Linked To China′s "Teapot" Refineries (ZeroHedge)
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Max Pressure: U.S. Prepares For Extended Hormuz Blockade As Treasury Warns Sanction Risks Linked To China's "Teapot" Refineries
The U.S. is intensifying pressure on Iran and China across two fronts.
First, on the military side, The Wall Street Journal reported that President Trump told top aides to prepare for an extended U.S. naval blockade of the Strait of Hormuz, a move that would strangle Tehran's oil revenue.
Second, on the economic side, the Treasury Department's Office of Foreign Assets Control is warning financial institutions about sanctions exposure related to Chinese independent "teapot" refineries, particularly in Shandong Province, due to their continued purchases and refining of Iranian crude.
Taken together, the message from President Trump to Secretary of the Treasury Scott Bessent is very clear: Washington is squeezing Iran's oil revenue at both ends of the supply chain, through a continued blockade of the Hormuz chokepoint that enables exports and the Chinese refining net...
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29.04.26 - 16:48
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US Gas Prices Hit Highest Level In 4 Years, Analyst Says (ZeroHedge)
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US Gas Prices Hit Highest Level In 4 Years, Analyst Says
Authored by Jack Phillips via The Epoch Times (emphasis ours),
The average price for a gallon of gasoline hit its highest level in four years on Tuesday as the cost of a barrel of oil remains elevated amid the conflict with Iran, according to a prominent analyst.
Customers pump gas at a gas station in Miami on April 13, 2026. Joe Raedle/Getty Images
The national average price for a gallon of gas was $4.17, “the highest level since 2022,” and surpassed the $4.16 price reported earlier this month, said GasBuddy analyst Patrick de Haan in an X post on April 28.
“We'll continue to head higher for now,” he added.
The American Automobile Association (AAA) also said the price for a gallon of regular gas reached just above $4.17, showing a 6-cent increase from Monday.
The price of gas and oil surged after the United States and Israel launched strikes on Iran on Feb. 28, prompting the country to respond by attacking ships in the Strait o...
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29.04.26 - 16:48
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Futures Flat Ahead Of Fed, Mag 7 Earnings Avalanche (ZeroHedge)
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Futures Flat Ahead Of Fed, Mag 7 Earnings Avalanche
S&P futures are flat with Nasdaq outperforming ahead of a huge day for tech. Alphabet, Amazon, Meta and Microsoft, representing nearly 20% of S&P market cap, report after the close, with traders focused on capex. The group has a combined options implied move of more than $750 billion of market cap in either direction. As of 8:00am ET, S&P futures are unchanged; Nasdaq futures rise 0.3% amid dip buying following strong results from Seagate, after the index slipped more than 1% in the previous session, and the sector outperformed in Europe and Asia. In premarket trading, semis are again seeing a strong bid post-earnings, Mag7 names are flat to down, Cyclicals are leading Defensives driven by Energy / Industrials / Materials. Treasury yields rose along with the dollar ahead of the Fed's latest interest-rate announcement at what is likely Jerome Powell's final meeting as chair and where the Fed will keep rates unchanged. WTI crude rose $103 ...
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29.04.26 - 16:42
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US-Rohöllagerbestände fallen stärker als erwartet (Dow Jones)
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DOW JONES--Die Rohöllagerbestände in den USA haben sich in der Woche zum 24. April stärker verringert als erwartet. Sie fielen nach Angaben der staatlichen Energy Information Administration (EIA) um 6,234 Millionen Barrel gegenüber der Vorwoche. Von ......
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