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Trump, Cabinet Host Intel CEO After Criticism
President Donald Trump met Monday with Intel CEO Lip-Bu Tan, along with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, to discuss potential ideas and policy initiatives.
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Crypto Exec Kwon Expected to Plead Guilty in Fraud Case
Do Kwon, the South Korean cryptocurrency entrepreneur facing U.S. fraud charges over two digital currencies that lost an estimated $40 billion in 2022, is expected to enter a guilty plea, court records showed on Monday.
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Liberty Mutual in First US Bribery Settlement since Trump Freeze Ended
Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary, in the Department of Justice's first public enforcement action of a federal anti-bribery law it resumed enforcing in June.In a letter made public on Monday,...
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Sinclair Starts Strategic Review of Broadcast Unit, Mulls Spinoffs
Sinclair said on Monday its board has authorized a strategic review of the company's broadcast business and it is considering a separation of its Ventures portfolio, sending its shares up 15% in extended trading.
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DOJ Backs Denying Delta-Aeromexico Antitrust Protection
The Department of Justice has recommended that the Department of Transportation deny Delta Air Lines and Grupo Aeromexico antitrust protections that allows the carriers to plan and price flights jointly because "restrictive and potentially discriminatory" practices by the ...
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Chatbot Grok Calls Trump 'Notorious Criminal'
The chatbot Grok, offered by xAI and available on Elon Musk's X, has called President Donald Trump "the most notorious criminal" in Washington, reported Newsweek Monday. It's not the first time the highly promoted artificial intelligence-managed chatbot has veered off course.
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How Much Income Can You Get From an Indexed Annuity? An Annuities Expert Lays Out the Numbers
Here's a detailed look at indexed annuities with an income rider and the factors that determine your future payout.
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Bessent Eyeing Three People for Next Fed Chair
Treasury Secretary Scott Bessent is considering three people for the position of Federal Reserve chairman, which will become vacant next year, Bloomberg reported.
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Wall Street Slips as Investors Await Inflation Data
Wall Street's main indexes ended lower Monday as investors anxiously await inflation data this week to assess the outlook for interest rates and eye U.S.-China trade developments.
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AOL Ready to End Dial-Up Internet
AOL has announced it will discontinue dial-up internet service at the end of September.
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The Time to Fix Social Security Is Now
One solution which I've proposed is an immigration tariff that would be paid by employers. Although this is not a permanent fix, it's an idea that could provide money to help slow the drain of the OASDI (Old-Age, Survivors and Disability Insurance) Trust Fund.
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Official: Trump Order Extends China Tariff Deadline by 90 Days
President Donald Trump has signed an executive order extending a pause in sharply higher U.S. tariffs on Chinese imports for another 90 days, a White House official says,
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Bullion Markets Breathe Sigh of Relief on No Tariffs
U.S. President Donald Trump Monday said he would not impose tariffs on gold -- a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up in the ongoing global trade spat.
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Trump Says Gold 'Will Not Be Tariffed!'
President Donald Trump pushed back Monday against reports that his administration imposed tariffs on imported gold bars. "Gold will not be Tariffed!" he posted on Truth Social.
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Paramount to Become Exclusive US Home for UFC in $7.7B Deal
Skydance-owned Paramount will become the exclusive U.S. home of Ultimate Fighting Championship under a seven-year media rights deal valued at about $7.7 billion, marking the first major strategic move by the merged media giant under new CEO David Ellison.
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Ford's New Line of Affordable EVs to Start at $30K
Ford plans to start rolling out its new family of affordable electric vehicles in 2027, including a midsize pickup truck with a target starting price of $30,000, the company said Monday, as it aspires to the cost efficiency of Chinese rivals.
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Teamsters Pouring Money Into GOP Coffers
The Teamsters union, after nearly two decades of supporting solely Democrats, has begun donating to Republican candidates.
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The Return of Private Money
American Dream Meets European Nightmare
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Big Tech Faces Quandary Over Mamdani Support
Big Tech employees have created a quandary for their companies with their financial support of democratic socialist Zohran Mamdani's campaign for New York City mayor. According to analysis of campaign finance data...
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Trump Mulls Reclassifying Marijuana
President Donald Trump said Monday his administration is looking at reclassifying marijuana as a less dangerous drug with potentially lower criminal penalties.
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Boar's Head Plant to Reopen After Deadly Listeria Outbreak
A Boar's Head deli meat plant in Virginia that was linked to a deadly listeria outbreak last year will reopen soon, federal officials say.
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Beware of Progressives Disguised as Populists
The second Trump administration is not your grandfather's Republican administration. In several areas, especially trade, there is a marked departure from the approaches of previous GOP leaders -- and even from the policies Trump advocated during his first term.
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NYC Offices Bulk Up Security With Armed Guards, Dogs
New York City office buildings are taking steps to increase security following the midtown shooting in which four people were killed two weeks ago. Armed guards and German shepherds are being employed against potential attackers, Gothamist reported Monday.
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Dollar Firms Ahead of US Inflation Report
The U.S. dollar edged higher across the board Monday, a day before the deadline for Washington and Beijing to strike a tariff deal and the release of a U.S. inflation report that could help determine whether the Federal Reserve lowers borrowing costs next month.
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The Debt & Deficit Problem Is Likely Not What You Think
In recent months, much debate has been about rising debt and increasing deficit levels in the U.S.