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The U.S. budget deficit has surged by 20% this July compared to last year, even with record customs revenue from Trump's tariffs. As spending increases, the financial outlook raises concerns over inflation and job opportunities.
In a groundbreaking deal, President Trump has agreed to take a cut of revenue from Nvidia and AMD's chip sales to China. This controversial approach raises questions about the future of U.S.-China trade relations and corporate compliance.
Sinclair is exploring a potential merger and considering a spin-off of its ventures unit, which includes the Tennis Channel. With shares rising, could this be a game-changing moment for the media giant?
In a surprising move, Nvidia and AMD have agreed to pay 15% of their revenue from AI chip sales in China to secure export licenses. This decision could reshape the semiconductor landscape!
In a bold move, President Trump suggested merging Fannie Mae and Freddie Mac into a new entity, 'MAGA', which could be publicly traded. This proposal comes as the government plans to sell its stakes in these vital mortgage giants, potentially generating billions.
Against all odds, Trump appears to have won a trade war victory, boosting tariffs without the expected fallout. But with rising tensions in Europe and Canada, can this success last? Dive into the details.
Spotify reported a rise in premium subscribers to 276 million and MAUs to 696 million, but faced a surprising quarterly loss. CEO Daniel Ek emphasizes long-term growth despite recent challenges.
Boeing has dramatically reduced its quarterly losses and increased sales, delivering the highest number of airplanes since 2018. CEO Kelly Ortberg highlights improvements and future goals as challenges remain.
Apple's iOS 26 introduces a spam text filtering feature that could cost political campaigns millions. The NRSC warns of severe revenue drops, raising concerns over voter outreach and fundraising strategies.
