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thereporter13d ago

State Republicans urge Newsom to discuss upcoming Valero Refinery closure

Coming on the heels of the Valero Refining Company informing officials that it will soon be idling the refinery processing units at its Benicia facility, California’s Senate Republicans have sent a letter to Governor Gavin Newsom urging he call an emergency special session to discuss the state’s economy of the impending closure. This will be the second refinery to shut down operations in California within the past six months. Earlier this month a letter was sent to Benicia Mayor Steve Young, as well as President/Executive Director Workforce Development Board of Solano County, David Hubble, and Solano County Supervisor Mitch Mashburn [...]

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devdiscourse13d ago

GLOBAL MARKETS-Stocks tumble on bets Kevin Warsh is Trump's Fed pick

Stocks slumped while the dollar and bond yields shot up on Friday after US President Donald Trump said he has firmed his choice for new Federal Reserve boss with reports zeroing in on Kevin Warsh as the likely pick While Warsh a former Fed Governor is seen as an advocate of lower interest rates he is also considered to be one of the less radical choices among the various names that have been raised and perhaps more cautious on heavy monetary stimulus than others

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thestar_my13d ago

Stocks fall as Microsoft revives AI spending angst

The stock market was rattled by a slide in most megacaps, which showed no signs of easing up on artificial-intelligence spending even as doubts persist about demand to justify all that capital. Read full story

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headtopics13d ago

Bitcoin price outlook: $70,000 could be in play for BTC, say analysts

Despite hopes for a macro hedge, bitcoin continues to trade like the riskiest of risk assets in turmoil.

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headtopics13d ago

CFTC to Provide New Rules, Potential Legal Help to Prediction Markets

The hands-off approach taken by the federal regulator of prediction markets could get a lot more hands-on, which may be good news for operators.

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headtopics13d ago

Nayib Bukele and El Salvador buying dips in bitcoin and gold

The bitcoin-friendly nation's central bank now holds over $360 million of the yellow metal, while the government, led by President Nayib Bukele, has bitcoin holdings worth $635 million.

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headtopics13d ago

Feds say they'll ease up on prediction markets like Kalshi

Business Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know.

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elfagr13d ago

What Sets the Best Forex CFD Trading Platforms Apart?

At a glance، most trading platforms look similar. Charts load، prices move، orders execute. From the outside، it’s easy to assume the differences are minor. But traders who’ve spent time in the market know that platforms shape behavior more than most people realize. The best ones don’t just provide

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hellenicshippingnews13d ago

Dry Bulk Shipping Market: Longer Sailing Distances Boost Demand Says BIMCO

BIMCO released its latest dry bulk shipping market overview and outlook yesterday. “We estimate that the dry bulk supply/demand balance will remain stable in 2026 and weaken in 2027. An improvement in the economic and demand outlook has led us to revise our demand forecast for 2026 up by 0.5 percentage points,” says Filipe Gouveia, ...

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hellenicshippingnews13d ago

India’s economy forecast to grow 6.8%-7.2% in next fiscal year

India’s economy is expected to grow between 6.8% and 7.2% in the fiscal year starting in April, according to government forecasts released Thursday. The growth projection, outlined in the annual economic survey, indicates a slowdown from the current fiscal year’s growth estimate of 7.4%. The government’s forecast provides insight into expected economic performance for India ...

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hellenicshippingnews13d ago

Greece Credit Growth Rises 5.5% in December

Total credit extended to the Greek economy increased by 5.5% year-on-year in December 2025 from 5.0% in the previous month. Credit to the private sector rose to 7.9% from 7.2% in November. The monthly net flow of financing to the private sector was positive, amounting to €3,876 million, compared with €1,303 million in the previous ...

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hellenicshippingnews13d ago

Bulgarian official calls for deepening ties with China under BRI

Zahari Zahariev, president of Bulgaria’s National Association for the Belt and Road, on Wednesday called for deepening ties with China within the framework of the Belt and Road Initiative (BRI), highlighting broad prospects for bilateral cooperation in infrastructure. Speaking at the association’s General Assembly, Zahariev specifically noted the development of maritime connections with China, citing ...

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