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Warsh Signals Potential Rate Hikes Despite Cooling Inflation
Federal Reserve Chair Kevin Warsh indicated Friday that further interest rate hikes may be necessary to bring inflation down to the Fed’s 2%…
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Warsh Signals Potential Rate Hikes Despite Cooling Inflation
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Canada Imposes $20 Billion in Retaliatory Tariffs on U.S. Goods
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Treasury Secretary’s Bond Strategy Draws Criticism From Former Mentor
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ESPN Streaming Prices Increase, Impacting Disney+ Bundles
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Zillow and Redfin Settle FTC Antitrust Case Over Rental Listings
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Canada Imposes $20 Billion in Retaliatory Tariffs on U.S. Goods
Canada announced Tuesday it will impose retaliatory tariffs on $20 billion worth of United States goods, matching dollar-for-dollar new duti…
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Treasury Secretary’s Bond Strategy Draws Criticism From Former Mentor
US Treasury Secretary Scott Bessent is facing criticism for his attempt to manage bond yields, with his former mentor, billionaire investor …
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ESPN Streaming Prices Increase, Impacting Disney+ Bundles
ESPN is raising the price of its streaming subscriptions, effective September 17th. The ad-supported ESPN+ Select plan will increase to $13.…
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Zillow and Redfin Settle FTC Antitrust Case Over Rental Listings
Zillow and Redfin have reached a settlement with the Federal Trade Commission, concluding a case alleging their 2025 partnership violated an…
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California Attorney General Cancels Meeting with Paramount Over Warner Bros. Discovery Deal
California Attorney General Rob Bonta canceled a scheduled meeting with representatives from Paramount and Skydance, citing a perceived lack…
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Oil Prices Fall Amid Anticipation of New Iran Sanctions
Oil prices declined Monday as investors await details of what the U.S. government has described as its “toughest-ever” sanctions campaign ag…
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Buc-ee’s Sues Ohio Mini Mart Over Beaver Logo
Gas station giant Buc-ee’s is facing backlash for pursuing trademark infringement lawsuits against smaller businesses, most recently a mini …
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Trump Administration Temporarily Waives Beef Tariffs to Address High Prices
President Donald Trump announced Friday a deal to temporarily ease tariffs on beef imports, a move intended to lower ground beef prices, whi…
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Meta CEO Mark Zuckerberg Purchases Irish Castle
Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, have purchased Strancally Castle, a Gothic mansion and 440-acre estate in Ireland, fo…
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U.S. Unemployment Claims Drop to 206,000 Amid Low Layoffs
The number of Americans filing for unemployment benefits decreased to 206,000 last week, indicating continued job security and sparse layoff…
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Evergrande Founder Sentenced to Life in Prison Amid Economic Fallout
Hui Ka Yan, the founder of China Evergrande Group, has been sentenced to life in prison for financial crimes. The decision comes after the c…
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US and Canada Reach Deal to Lower Auto and Steel Tariffs
The Trump administration is set to reduce tariffs on automobiles imported from Canada to 15% from 25% as part of a trade agreement. This dea…
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Stripe and Advent Negotiating Potential Purchase of PayPal
Stripe and private equity firm Advent are negotiating a new price to acquire PayPal, as the fintech company's new CEO attempts to turn the b…
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OCC Grants Conditional Bank Charter Approval to Trump-Linked Crypto Firm
The Office of the Comptroller of the Currency (OCC) has conditionally approved a national trust bank charter for World Liberty Trust Co., a …
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Construction Workers Find €9m Gold Trove in Belgian Property Walls
Construction workers in Dendermonde, Belgium, have uncovered a stash of gold bars and coins sealed within the cellar walls of a property, wi…
Business
U.S. Retail Sales Unexpectedly Fall 0.6% in July
U.S. retail sales unexpectedly fell 0.6% in July, marking the largest drop in more than a year. The decline follows a period of strong gain…
Business
Inflation Slowed in July, Driven by Declining Gasoline and Grocery Prices
Consumer prices rose at a slower pace in July, increasing 3.4% over the past year – down from 3.9% in June, according to data released Wedne…
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Phia Founders Knew of Alleged ‘Cookie Stuffing’ for Months, Internal Records Suggest
Shopping startup Phia, co-founded by Phoebe Gates and Sophia Kianni, allegedly engaged in a practice known as “cookie stuffing” – falsely cl…
Business
Trump Media Reports $238 Million Second Quarter Loss, Shifts Focus
Trump Media & Technology Group (TMTG) reported a second-quarter loss of $238 million. The company also announced plans to abandon several ne…
Business
Berkshire Hathaway Deploys Cash Under New CEO, Investing in Google and Repurchasing Shares
Berkshire Hathaway, led by new CEO Greg Abel, invested $10 billion in Google’s parent company and repurchased approximately $4.5 billion of …
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US Economy Lost 23,000 Jobs in July Amid Revised Growth Estimates
The U.S. economy unexpectedly lost 23,000 jobs in July, according to data released Friday by the Bureau of Labor Statistics (BLS). This mark…
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ReelShort Projected to Reach $1.05 Billion Revenue and First Profit in 2026
Microdrama platform ReelShort is projected to generate $1.05 billion in revenue by 2026, marking its first period of profitability at scale,…
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Judge Dismisses Consumer Lawsuit Challenging Paramount-Warner Bros. Discovery Merger
A federal judge has dismissed a lawsuit brought by consumers seeking to block the $111 billion merger between Paramount and Warner Bros. Dis…
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Trump Administration Refunds $100 Billion in Tariffs After Supreme Court Ruling
The Trump administration has refunded approximately $100 billion in tariffs collected under its “liberation day” trade measures, following a…
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Hearst to Acquire Disney’s Stake in A+E Global Media for $1.2 Billion
Hearst has reached a deal to acquire The Walt Disney Company’s 50% stake in A+E Global Media, parent company of Lifetime, History Channel an…
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BP Reports $5.7 Billion Profit as Oil Prices Rise Amid Iran Conflict
Oil giant BP reported a profit of $5.7 billion (£4.2 billion) for the most recent quarter, more than double the $2.3 billion (£1.7 billion) …
Business
Trump Media Launches Paid Access to Truth Social Accounts
Trump Media & Technology Group (TMTG) has established a paid service granting Wall Street firms access to data from influential accounts on …
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Amazon to Refund Over $500 Million in Trump Tariff Payments
Amazon received over $500 million in refunds stemming from tariffs imposed during the Trump administration and will return a portion of that…
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UEFA Threatens Legal Action Against FIFA President Infantino Over World Cup Commercial Plan
European football’s governing body, UEFA, is considering legal action against FIFA president Gianni Infantino and Joshua Kushner over a with…
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Capital One Closed Trump Organization Accounts Over Anti-Money Laundering Concerns
Capital One closed more than 300 accounts belonging to the Trump Organization due to concerns about anti-money laundering, according to a co…
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Oil Prices Fall After Trump Calls Off Iran Strike
Oil prices fell sharply Monday after President Donald Trump announced he had called off a planned military strike on Iran. The price of oil …
Business
Sainsbury's to Sell Argos to Swift Partners for £120 Million
Sainsbury’s has agreed to sell its Argos business to Swift Partners for at least £120 million, allowing the supermarket chain to focus on it…
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Netflix and AMC+ Share Streaming Rights to ‘The Walking Dead’ Franchise in $500 Million Deal
Netflix has secured a five-year, $500 million co-exclusive licensing deal with AMC Global Media for streaming rights to “The Walking Dead” f…
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Federal Reserve Holds Interest Rates Steady Despite Dissenting Votes
The Federal Reserve on Wednesday maintained the federal funds rate in a range of 3.5% to 3.75%, despite increasing support for a rate increa…
Business
Paramount Delays Warner Bros. Merger Amid State Legal Challenge, Extending Potential Timeline to 2027
Paramount Global and Warner Bros. Discovery have agreed to delay the closing of their $81 billion merger until as late as June 2027, a move …
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