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Trump to Call More CEOs About Listing Tariff Costs
President Donald Trump said Sunday that he would reach out to any CEO in the country if he disagreed with them, especially if they were planning to list tariff charges on their products. Trump last week contacted Amazon's Jeff Bezos about a report...
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Japan Says No Plan to Threaten Treasuries Sale in US Trade Talks
Japan has no plans to threaten to sell its $1 trillion-plus holdings of U.S. Treasuries in trade talks with Washington, its finance minister said on Sunday, clarifying earlier remarks that the bond holdings could be used as a bargaining chip."My comments were made in...
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More Than 15K USDA Employees Take Trump Incentive to Leave Agency
More than 15,000 U.S. Department of Agriculture employees have taken one of the Trump administration's two financial incentive offers to leave the agency, according to a readout from a USDA briefing with congressional staff seen by Reuters.The sum represents about 15% of...
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Trump: TikTok Deadline Will Be Extended
President Donald Trump said he would extend the June 19 deadline for China-based ByteDance to divest the U.S. assets of TikTok, the short video app used by 170 million Americans, if no deal had been reached by then."I would ... I'd like to see it done," Trump told the NBC...
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US Researchers Seek to Legitimize AI Mental Health Care
Researchers at Dartmouth College believe artificial intelligence can deliver reliable psychotherapy, distinguishing their work from the unproven and sometimes dubious mental health apps flooding today's market.Their application, Therabot, addresses the critical shortage of...
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Trump Says Won't Remove Fed Chair Powell Before Term Ends
President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board Chairman before his term ends in May 2026 while describing the central banker as "a total stiff" and repeating calls for the Fed to lower interest rates.In an interview with "Meet the...
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How Stocks Rallied After Tariff Talk Escalated
It felt much longer, but the U.S. stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump's "Liberation Day." That's when he shocked Wall Street by announcing much steeper tariffs than expected on nearly all U.S. trading...
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Reuters: OPEC+ to Further Speed Up Oil Output Hikes
OPEC+ plans to further accelerate oil output hikes and could unwind its 2.2 million barrels per day of voluntary cuts by the end of October if members do not improve compliance with their production quotas, four sources from the group said.OPEC+ shocked the oil market in...
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Coal Country Very Excited by Trump's Return
Brantley Baird never misses a chance to talk history, from how his great-grandmother helped settle the town of Snowflake long before Arizona was granted statehood to tales of riding to school bareback and tethering his horse outside the one-room schoolhouse.His family...
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US Fed Expected to Pause Rate Cuts Again
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy.Trump has imposed steep levies on China, and lower...
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Musk's 'Starbase' Now an Official Texas City
The South Texas home of Elon Musk's SpaceX rocket company is now an official city with a galactic name: Starbase. A vote Saturday to formally organize Starbase as a city was approved by a lopsided margin among the small group of voters who live there and are mostly Musk's...
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Berkshire Investors Anticipate New Era After Buffett
Berkshire Hathaway shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about the loss of Buffett's vision and star power.Following Buffett's...
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Report: Shell Is Studying Merits of Buying BP
Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg News reported on Saturday citing people familiar with the matter.The oil major...
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Trump Media Quits Delaware for 'Pro-business' Florida
President Donald Trump's media company has become the latest to leave behind incorporation in Delaware, fleeing the left-leaning Blue State for the more "pro-business" climate of Florida.
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Who Is Greg Abel, the Executive Picked to Succeed Buffett?
When Warren Buffett announced at his annual shareholder meeting that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a low-key 62-year-old Canadian executive named Greg Abel who has long been one of his top lieutenants.
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Warren Buffett Shocks With Intention to Retire
Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year.
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Jobs Report Shows Federal Employees Have Returned to Office
Federal workers are now back to working in the office at a higher percentage than their private sector counterparts, according to data released this week from the Bureau of Labor Statistics and reported by The Washington Times.
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Shoemakers Plead 'Emergency' to Trump Over Tariffs
Seventy-six athletic and general use shoe manufacturers and shoe retailers have declared an "emergency" across the industry. They are asking President Donald Trump to exempt them from his "tariff regime."
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The Digital Assault on Democracy & Judge Lewis Kaplan
How Clumsy Political Comments May Have Tainted the Facts and Law to Undermine the Economy, Civil Rights, & Create Election Interference
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US Readies Fresh Russia Sanctions Over Ukraine; Will Trump Sign Off?
U.S. officials have finalized new economic sanctions against Russia, including banking and energy measures, to intensify pressure on Moscow to embrace President Trump's efforts to end its war on Ukraine, according to three U.S. officials and a source familiar with the issue.
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S&P 500 Notches Longest Winning Streak in 20 Years
Wall Street stocks advanced Friday, notching the second straight week of gains, helped by strong economic data and potential easing of trade tensions between the U.S. and China.
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HSBC Asset Management's Global Head of Sustainability to Depart
The top sustainable finance executive at HSBC's asset management division is leaving the firm, HSBC said on Friday, the latest in a series of departures from the bank amid a restructuring under its new chief executive.
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US Asks Judge to Break up Google's Ad Tech Business
Google on Friday faced a demand by the US government to break up its hugely profitable ad technology business after a judge found the tech giant was commanding an illegal monopoly.
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Apple, Amazon Startup Partner on AI-Powered Coding
Apple is partnering with Amazon-backed startup Anthropic on a new "vibe-coding" software platform that will use artificial intelligence to write, edit, and test code on behalf of programmers, Bloomberg News reported, citing people with knowledge of the matter.
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Trump Presses GOP on Lower Medicaid Drug Costs
President Donald Trump is actively pushing House Republicans on a proposal that would slash drug prices on prescriptions covered by Medicaid.