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Pariah Capital, an imaginary fund created by MarketWatch, has also outperformed the Nasdaq and most active fund managers during the Iran war
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Options data show record positioning for both long calls and short puts on the S&P 500, meaning traders are hedging their portfolios for market swings in both directions.
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Blue Owl attributed the higher-than-usual requests to "heightened market concerns around AI-related disruption to software companies."
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Oil prices jump after Trump demands others ‘take the lead' on Strait of Hormuz The Washington PostEurope didn't want an Iran war, yet Trump is saddling it with the consequences CNNTrump says US has plenty of jet fuel for Europe, market disagrees ReutersTrump criticizes European allies for not helping fix the damage his war against Iran has caused AP NewsTrump Says Europe Is On Its Own in Securing the Strait of Hormuz
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Ample oil reserves and renewables growth make manufacturing sector more resilient than rivals
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JUANA, who came to America from Guatemala, used to take the bus to and from cleaning jobs. It wore on her. Walking to the bus stop after a long day at work was exhausting, especially when it rained, as it occasionally does in Los Angeles. Now Juana drives everywhere, even to her local supermarket, a few blocks away. She had two aspirations: to learn English and to get a car. She has accomplished both.
Although Los Angeles has organised itself around the car since the second world war, it has tried harder than many other American cities to change this. Since 1990 voters have approved three tax rises to pay for public transport. A railway and rapid-bus network has been built quickly—by rich-world standards, if not Chinese ones. Public-transport users, however, are dwindling. In the past five years the number of trips taken in metropolitan Los Angeles has dropped by 19%.
The City of Angels is leading a broad decline. The American Public Transportation Association's figures show that the...Continue reading
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