Federal Court Restores Trump’s Tariffs in Pre-June 5 Showdown
The U.S. Court of Appeals reinstated President Trump’s controversial global import tariffs, reversing a lower court’s ruling and triggering a market rally.
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Breaking News
Musk Exits DOGE After Political Backlash and Legal Heat
Elon Musk has stepped down as head of the U.S. Department of Government Efficiency (DOGE), citing political resistance and a need to refocus on Tesla.
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Trump Gives EU Tariff Reprieve but Warns of Smartphone Tax
Trump has delayed 50% tariffs on EU imports to July 9, 2025, amid tense trade talks, while threatening 25% tariffs on Apple and Samsung phones.
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Citigroup CEO Warns of Global Market Shakeup as Confidence Crumbles
Citigroup CEO Jane Fraser warns of a deeper “confidence shock” reshaping global financial markets, urging investors to rethink their reliance on U.S. markets.
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Will Interest Rate Cuts Happen Soon? Trump Thinks They Should
President Donald Trump renewed his push for Fed interest rate cuts, claiming prices are falling despite inflation data showing ongoing price increases.
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Breakthrough in Geneva: U.S., China Announce Trade DealÂ
The United States and China have reached a pivotal trade agreement during Geneva talks to address the U.S.’s $1.2 trillion trade deficit.
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Berkshire Hathaway Stock Drops 5% After Buffett Announces CEO Resignation
The Berkshire Hathaway stock price has fallen sharply following Warren Buffett’s announcement that he will step down as CEO by year-end, sparking investor uncertainty.
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