Finance
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Musk forms new party after split with Trump over tax and spending bill
Elon Musk said he’s carrying out his threat to form a new political party after his fissure with President Donald…
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Microsoft will lay off 9,000 employees, or less than 4% of the company
Microsoft is planning to lay off 9,000 employees, impacting less than 4% of its global workforce, according to a report…
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Rivian receives the next $1B from Volkswagen as sales struggles continue
Rivian has hit a milestone in its agreement with German automotive giant Volkswagen that will bring $1 billion into the…
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1 in 5 new car buyers take on $1,000 monthly payments
Car buyers financed an average of $42,388 for new vehicles last quarter Consumers also opted for longer loan terms and…
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US Senate removes controversial ‘AI moratorium’ from budget bill
U.S. senators voted overwhelmingly on Tuesday to remove a controversial 10-year ban on states’ abilities to regulate AI from the…
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Amazon deploys its 1 millionth robot, releases generative AI model
After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1…
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Senate GOP passes Trump’s sweeping policy bill, setting up decisive vote in the House
Senate Republicans have passed President Trump’s signature domestic policy bill, setting the stage for a final vote in the House…
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Trump Oversees Worst Dollar Start to Year in Over Half a Century
The U.S. dollar has had its worst start to a year since 1973, weighed down by President Donald Trump’s trade…
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The Trump admin is withholding over $6 billion in education grants for schools
On Monday, the Trump administration notified states that it was withholding over $6 billion in previously approved federal education grants…
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Trump says he’s found a buyer for TikTok
A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump. “We…
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