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Trump’s Gas Tax Cut Could Backfire: Peter Schiff Warns Could ‘Weaken The Dollar,’ Sending Oil Prices Higher

by Badar Shaikh | May 12, 2026

Economist Peter Schiff, who is also the co-founder of Echelon Wealth Partners, cautioned against eliminating the Federal gas tax on Monday, as it...

AMD’s Massive Post-Earnings Rally Puts Spotlight On Rep. Gil Cisneros’ Timely Stock Bet

by Rishabh Mishra | May 12, 2026

A well-timed stock purchase by Rep. Gil Cisneros (D-CA) is drawing public attention after Advanced Micro Devices Inc. (NASDAQ:AMD) shares have...

Trump Reportedly Freezes Beef Tariff Rollback After Rancher Revolt— ‘No Doubt An Experiment’

by Namrata Sen | May 12, 2026

The Trump administration has reportedly put on hold a proposal to suspend tariffs on imported beef. President Donald Trump had planned to sign two...

Tom Lee Calls The End Of Crypto Winter Once Again, BitMine Chair Says Ethereum Performing As ‘Wartime’ Store Of Value

by Aniket Verma | May 12, 2026

BitMine Immersion Technologies Inc. (NYSE:BMNR) Chair Tom Lee said on Monday that the “cryptocurrency winter” is nearing its end, paving the way for...

Ford Takes On Elon Musk’s Tesla Energy Business With New Battery Storage Push

by Badar Shaikh | May 12, 2026

Ford Motor Co. (NYSE:F) has unveiled a new, wholly owned subsidiary, Ford Energy, aimed at manufacturing Energy Storage systems at its Kentucky...

Elizabeth Warren Blames Trump’s Inaction, Says President Costing American Families $368 Million In Credit Card Interest — Every Single Day

by Sweta Killa | May 12, 2026

Sen. Elizabeth Warren (D-Mass.) expressed concerns on Monday over increased credit card spending, saying Americans are paying higher interest rates...

Rand Paul Says Trump’s $1 Billion White House Ballroom Funding Faces ‘A Lot Of Questions’ Before Senate Vote, Backs ‘Private Funds’ Instead

by Shomik Sen Bhattacharjee | May 12, 2026

Senate Homeland Security Committee Chairman Rand Paul (R-Ky.) said there is a strong chance that $1 billion in taxpayer funding tied to security...

Bumble Kills The Swipe To Help ‘Exhausted’ And ‘Fatigued’ Singles, CEO Confirms

by Rishabh Mishra | May 12, 2026

Bumble Inc. (NASDAQ:BMBL) is officially ditching its iconic swiping mechanism in an upcoming app reset, aiming to combat digital dating burnout and...

OpenAI’s IPO Dream Gets Massive Boost As Microsoft Reportedly Agrees To $38 Billion Revenue Cap— Nadella Says ‘Very Proud’ Of Early Bet

by Namrata Sen | May 12, 2026

OpenAI and Microsoft Corp. (NASDAQ:MSFT) have reportedly agreed to cap their total revenue-sharing payments at $38 billion. This cap could...

Top Wall Street Forecasters Revamp On Holding Expectations Ahead Of Q1 Earnings

by Avi Kapoor | May 12, 2026

On Holding AG (NYSE:ONON) will release earnings for its first quarter before the opening bell on Tuesday, May 12. Analysts expect the Zurich,...

JD.com Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

by Avi Kapoor | May 12, 2026

JD.com, Inc. (NASDAQ:JD) will release earnings for its first quarter before the opening bell on Tuesday, May 12. Analysts expect the company to...

Elizabeth Warren Warns Shows Like ‘Severance’ Could Disappear If Paramount Buys Warner Brothers: Can’t Let Trump ‘Control’ Our Screens

by Ananya Gairola | May 12, 2026

On Monday, Sen. Elizabeth Warren (D-Mass.) is raising alarms that the Paramount SkyDance (NASDAQ:PSKY) acquisition of Warner Bros. Discovery, Inc....

S&P 500 Settles Above 7,400: Investor Sentiment Improves Slightly, Fear Index Remains In ‘Greed’ Zone

by Avi Kapoor | May 12, 2026

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Monday....

Under Armour, GoPro And 3 Stocks To Watch Heading Into Tuesday

by Avi Kapoor | May 12, 2026

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street...

Ro Khanna Warns Trump Against Letting China Build Factories In America Ahead Of Xi Meeting: ‘Disaster For American Workers’

by Badar Shaikh | May 12, 2026

Rep. Ro Khanna (D-CA) cautioned against Chinese investment in the U.S. on Monday ahead of a key meeting between President Donald Trump and Chinese...

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