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Soybeans Hit 9-Month High on Biofuel Tax Credit Proposal, Trade Optimism
Chicago soybean futures rose to a nine-month high Wednesday, supported by a proposal to extend the biofuel tax credit - boosting demand for U.S. soybeans - and renewed optimism from a temporary truce in the U.S.-China trade dispute.
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In Tesla's Wake, More Big Companies Vote 'Dexit'
In the coming weeks, investors in nine public companies worth at least $1 billion each will vote on proposals to ditch Delaware as their place of incorporation, potentially denting the state's longtime reputation as Corporate America's capital, Reuters has found. Five...
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Sen. Hawley Grills Insurance Execs on Disaster Payouts
Sen. Josh Hawley, R-Mo., grilled insurance executives over their policies that cut disaster payouts in a subcommittee hearing on Tuesday, The Hill reported.
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SEC Chair: Crypto Rules Crucial to US Market Growth
The chair of the Securities and Exchange Commission, Paul Atkins, on Monday called for a new regulatory framework for crypto assets, aiming to support blockchain innovation and fulfill President Donald Trump's goal of making the U.S. the "crypto capital of the planet."
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China's Exports of Foreign-Branded Phones Drop 50%
Chinese shipments of foreign-branded cellphones, including Apple Inc.'s, dropped by 49.6% year-on-year in March, according to data released Monday by a government-affiliated research company.
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Lutnick to Newsmax: Opening UK Markets to US Is 'Huge'
Commerce Secretary Howard Lutnick told Newsmax on Thursday that the trade deal struck with the United Kingdom earlier in the day is a "huge, huge thing" for the United States as it opens markets to American exporters that will be worth $5 billion a year.
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EU Prepares $107B in Tariffs on US If Talks Fail
The European Commission, the executive arm of the European Union, has announced a list of American products that could be targeted for tariffs worth more than $107 billion if trade talks with the Trump administration fail.
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US AI Execs Give Congress Policy Wishlist for Beating China
Top executives at American AI giants OpenAI, Microsoft and AMD appeared at a U.S. Senate hearing Thursday to outline ways they believe Washington can stay ahead of Beijing in the artificial intelligence race.
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US Seeks Complaints About Concert, Ticketing Practices
U.S. antitrust enforcers are seeking information from artists, fans and others about unfair and anticompetitive practices in the live concert and event industries as part of a crackdown by the Trump administration on ticket scalping.
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Airline CEOs to Back Trump Air Traffic Control Reform
The CEOs of the five largest U.S. airlines Thursday plan to back the Trump administration's proposal to spend tens of billions of dollars to reform the aging air traffic control system and boost hiring, officials said.
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FCC's Carr Tells Companies: Eliminate DEI
Federal Communications Commission Chair Brendan Carr said American companies seeking approval for mergers and acquisitions would do themselves a favor by abiding by President Donald Trump's warnings against unconstitutional business practices related to DEI.
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US Media Stocks Fall on Threat of Tariffs on Foreign Films
American media stocks tumbled Monday after President Donald Trump unveiled a 100% tariff on all movies produced outside the U.S., a move that could sharply raise costs for Hollywood studios and rattle the global entertainment industry.
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Samsung Says Trade Turmoil Raises Chip Volatilities
South Korean technology giant Samsung Electronics warned on Wednesday U.S. tariffs could cut demand for products such as smartphones, making it difficult to predict future performance.
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Empty Shelves? US Treasury Secretary Not Worried 'at Present'
US Treasury Secretary Scott Bessent said Monday he was not concerned "at present" about American stores potentially running out of items due to Donald Trump's tariffs.
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Automakers Want Congress to Bar California 2035 EV Plans
Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months.
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Investing: Refocusing Back to What Matters
As earnings season returns, investors are shifting their gaze back toward the fundamental building blocks of stock valuations: corporate earnings and earnings forecasts.
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Car Manufacturers' BIG SECRET for Making Money
A new study might make you cheer - or sigh in frustration. Smartcar's 2025 State of Connected Car Apps report reveals that 76% of drivers are rejecting automakers' subscription services - those fees for features like heated seats or remote start already built into the...
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Trump Tariffs May Hit UK Economy, Chancellor Warns
U.K. Chancellor Rachel Reeves says President Donald Trump's escalating trade war will have a "profound impact" on Britain's economy as she travels to Washington this week for high-level financial talks amid falling domestic growth forecasts, Politico reported.
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US Defense Contractors Maintain Forecasts
Major U.S. defense contractors are mostly maintaining their financial forecasts for 2025, saying it is too soon to understand the impact of U.S. President Donald Trump's tariffs.
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Dow Heading for Worst April Since Great Depression
The Dow Jones Industrial Average, which plummeted nearly 1,000 points Monday, is on track for the worst April since 1932, Mitrade reports.
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China's Cutthroat EV Revolution Leaves Little Margin for Profit
As the sun set over Hong Kong's Victoria Harbour, well-dressed social media influencers swarmed a lineup of sleek electric vehicles from Chinese automaker Xpeng, among the buzziest brands in the world's premier EV market.
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Stocks, Bonds, Crypto, Gold - 2025 Year-to-Date Returns
Global financial markets have been turned upside down this year by President Donald Trump's burgeoning trade war. Markets are not in full panic, but the double-digit declines in major U.S. stock indexes are testing nerves.
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Long Road Ahead for Trump Reforming Drug Prices
President Donald Trump pledged to make medicines more affordable during his 2024 campaign. And now, he's about to deliver.
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Bessent Warns Against Removing Powell as Fed Chair
Treasury Secretary Scott Bessent has cautioned White House officials that removing Jerome Powell as chair of the Federal Reserve would risk destabilizing financial markets, Politico reports.
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China Bans 'Smart' and 'Autonomous' From Car Ads
China is banning automakers from using the terms "smart driving" and "autonomous driving" when they advertise driving assistance features, and will tighten rules around such technology upgrades, the government told industry representatives, according to a transcript of a...