Finance
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Former US comptroller calls on Trump, Congress, all Americans to address nearly $40T national debt
Former United States Comptroller General David Walker thinks the issue is not a matter of if the debt collapses, it’s a matter of when.
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S&P 500 closes with strongest quarter since 2020
The S&P 500 rose nearly 15% in the past quarter alone, marking its best quarterly showing since the same period in 2020 when the world was beginning to recover from the COVID-19 pandemic.
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Former Federal Reserve Chairman Alan Greenspan dies at 100
Ronald Reagan appointed Greenspan to lead the Fed in 1987, and he remained in the position until 2006.
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Kevin Warsh to lead his first Federal Reserve interest rate meeting on Wednesday
Investors expect the Federal Reserve to keep the interest rate steady on Wednesday, but the official decision will be made at 2 p.m. Eastern, followed by a press conference at 2:30 p.m. Eastern.
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SpaceX shares up over 20% from opening price, as CEO Elon Musk becomes world's first trillionaire
Forbes now estimates CEO Elon Musk's net worth at $1.1 trillion, making him the world's first trillionaire.
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Dow surges 900 points after Trump cancels Iran strikes
The move comes after Trump announced he had spoken with the Iranian government, which agreed to unspecified terms, though the president said it included a ban on nuclear weapons for Iran.
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Texas couple sentenced to 40 years after scamming 10,000 Americans with pyramid scheme
The Moores recruited U.S. citizens to participate in their scheme through weekly livestream video broadcasts.
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Amazon becomes Fortune 500's top company in terms of revenue, ending Walmart's 13-year reign
The list is an annual ranking of America’s biggest companies by revenue based on the previous fiscal year. Amazon took the top spot by generating roughly $717 billion in revenue in the 2025 fiscal year, narrowly surpassing Walmart’s $713 billion.
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Trump in swearing-in of Kevin Warsh, says new Federal Reserve chairman should be 'independent'
In his remarks, President Donald Trump said that he wants Warsh to be an "independent" chair, and he criticized outgoing Fed chair Jerome Powell for "drifting" into climate and DEI issues.
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SpaceX confirms plans to take company public in new securities filing
The offering is expected to be the largest ever for a public offering debut. Saudi Aramco’s debut currently holds the record at $29 billion.
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Trump signs executive order to stop banks from extending credit to illegal aliens, cites security
Order cites a "recent analysis" of Chinese money laundering networks that identified how foreign passport holders have used U.S.-based accounts to facilitate the laundering of over $312 billion for criminal organizations.
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Treasury Department sanctions 12 people and entities accused of helping Iran with its oil operations
The sanctions are part of the Trump administration's Economic Fury operation, which is part of its maximum pressure campaign against Iran.
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Commerce Secretary Lutnick sits for closed-door House interview about Epstein ties
Lutnick volunteered to sit for deposition and the secretary has maintained that he has done "nothing wrong" and intends to set the record straight. He has not been accused of any crime.