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Peter Morici to Newsmax: Businesses Need Certainty to Soar
?President Donald Trump has to finalize all the tariff deals with various countries so that the international trade system gains stability and provides the framework for an economic upturn, economist Peter Morici told Newsmax on Tuesday.
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Markets Demand Fed to Deliver a Rate Cut Next Week
Wall Street just dropped a neon-bright debate challenge in the Fed's lap: cut rates now-or face the full force of market frustration.
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The Trump Administration Must Block Bloomberg's Financial Overreach
Most people who buy or sell stocks, bonds, or mutual funds, seldom consider the intricate machinery that facilitates these transactions.
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Howard Stern Returns to SiriusXM Radio Show After Trolling Listeners
Howard Stern, the popular radio host who gave a massive boost to the nascent satellite radio business when he signed a blockbuster, multimillion dollar contract for SiriusXM almost two decades ago, has returned to the airwaves after trolling listeners with a gag.Stern, 71,...
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Report: US Weighs Annual China Chip Approvals for Samsung, Hynix
The United States is proposing annual approvals for the export of chipmaking supplies to Samsung Electronics and SK Hynix's China-based factories, Bloomberg News reported on Monday. Officials in the U.S. Commerce Department last week presented to Korean counterparts a "site...
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FTC to Grill AI Firms on Chatbots' Impact on Children
The U.S. Federal Trade Commission plans to study the impact of artificial intelligence chatbots on children's mental health and request documents from tech companies, The Wall Street Journal reported Thursday.
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Crypto Expert to Newsmax: Trump Family Involvement 'Incredibly Positive'
Cryptocurrency expert Les Borsai told Newsmax that the Trump family's involvement in the world of cryptocurrency is "incredibly positive."
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Trump Admin Investing in US Rare Earths in Push to Break China's Grip
U.S. production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up the critical mineral industry in the United States to work to break the...
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Matt Tuttle to Newsmax: Ethereum Poised for Record High
Ethereum recently approached a record high of just over $4,900, supported by inflows from digital asset treasury companies, exchange-traded funds (ETFs), and broader bullish sentiment in the cryptocurrency market, and "all systems are clear...
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California Emissions Rules Harmed 6 Carmakers
There is a real-life drama unfolding for six major automakers-Ford, Honda, Volkswagen, BMW, Aston Martin, and Volvo-who are locked into California's strict emissions rules through 2026, thanks to contracts they signed in 2019.
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US Wine Sellers Left in Limbo Despite EU Tariff Deal
At a wine shop in Washington's Capitol Hill neighborhood, bottles sourced from Europe are becoming costlier to import - and soon, pricier for customers to buy, the owner says - thanks to a resident just down the road in the White House.
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Wary Diners Shun Restaurants, Boost Supermarkets
Cash-conscious consumers choosing to eat in rather than dine out have raised the prospect of an upturn in earnings for supermarkets and food delivery firms, according to data, analysts and company executives.
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'Clean Cars for All' Is the New 'Cash for Clunkers'
There is nothing "clean" about killing America's car culture. The war on gas-powered cars is heating up again - and it's being waged through programs that sound helpful on paper but are destructive in practice.
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Morgan Stanley: AI Could Supercharge S&P 500 by $16 Trillion
Artificial intelligence could add a staggering $16 trillion to the S&P 500's market value, according to a new Morgan Stanley note flagged by Business Insider.
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China Tariff Delay Does Little to Save the Holidays
U.S. shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are.
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Delivery Drones Coming to More US Neighborhoods
Delivery drones are so fast they can zip a pint of ice cream to a customer's driveway before it melts.
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Will There Be One AI to Rule Them All?
For the past few years, the AI story has been dominated by the race to build colossal, all-purpose models. Digital equivalents of Swiss Army knives that can handle everything from writing poetry to coding software.
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Lower-Income Bargain Hunt for Smaller Packs, Meals Under $5
Lower-income U.S. households are cutting back on eating out, travel and pantry staples like diapers, soda and beer, as U.S. tariffs on imports are set to push prices even higher, said executives from Procter & Gamble, Coca-Cola and Chipotle Mexican Grill.
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Sources: Banks Closed Accounts Over 'Reputational Risk'
Decisions by some major U.S. banks to close accounts were based on rules around reputational risk, people familiar with the matter said, pushing back on President Donald Trump's accusation that he and his conservative supporters were denied services for political...
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McDonald's to 'Double Down' on AI by 2027
McDonald's plans to "double down" on its artificial intelligence investments by 2027 and is betting on India to be a key hub for data governance, engineering and platform architecture, a senior executive said Friday at a conference in India.
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Global Gold Demand Up 3% in Second Quarter
Global gold demand including over-the-counter (OTC) trading rose by 3% year-on-year to 1,248.8 metric tons in the second quarter of 2025 as investment jumped 78%, the World Gold Council said Thursday.
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Tariffs Will Be Test of Luxury Brands' Pricing Power
Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate balancing act as already weak consumer demand tests their ability to raise prices further.
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Toy Makers Nix Batteries to Save Costs Amid Tariff War
This holiday season, U.S. parents may have to make an extra pit stop - not for toys, but for the batteries that power them, as manufacturers pare down on frills and packaging to cut costs amid rising tariffs.
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Trump: European Allies to Pay 100% for Military Gear
President Donald Trump on Wednesday touted a recent deal between the U.S. and NATO whereby European allies would purchase weapons and send them to Ukraine as it fights Russia.
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Trump Admin to Help Tech Giants Export AI Chips
The Trump administration released a new artificial intelligence blueprint Wednesday that aims to deregulate the industry and makes it easier and less risky for U.S. companies to export their technologies to foreign countries.