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Crypto Exchange Error Sends Billions in Bitcoin to Users
A South Korean cryptocurrency exchange apologized Saturday after mistakenly transferring more than $40 billion worth of bitcoin to users, which briefly prompted a selloff on the platform.
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FDA Moves to Restrict Compounding GLP-1 Ingredients
The Food and Drug Administration said Friday it intends to restrict access to GLP-1 drug ingredients used in nonapproved compounded weight-loss products and that Hims & Hers Health Inc. could face federal enforcement, a move the agency said is aimed at curbing mass-marketed ...
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Trump Signs Order Threatening Tariffs on Nations Doing Business With Iran
President Donald Trump signed an executive order on Friday that may impose a 25% tariff on countries that do business with Iran.The order comes as tensions between Iran and U.S. continue to simmer.This, even as the two countries engaged in talks this week involving, among...
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Fed's Daly Sees Room to Cut Interest Rates
San Francisco Federal Reserve President Mary Daly Friday said she thinks one or two more interest rate cuts may be needed to counteract weakness in the labor market, where workers are "walking a knife's edge" with higher prices eating into their wages and scarce...
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Judge Tosses Challenge to Starbucks DEI Programs
A federal judge on Friday tossed out a lawsuit filed by former Missouri Attorney General Andrew Bailey that challenged Starbucks' diversity, equity, and inclusion initiatives, ruling the state failed to show anyone was harmed by the policies.
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Trump Cheers Historic Dow Surge Past 50,000
President Donald Trump celebrated Friday after the Dow Jones Industrial Average surged past 50,000 for the first time ever.
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Dow Rockets 1,200 Points, Hits 50,000 Milestone
The Dow Jones Industrial Average hit the historic 50,000 mark Friday, the S&P 500 ended nearly 2% higher, and Nasdaq soared by 2.18%, as Nvidia and other chipmakers vaulted higher.
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Musk's Underground Vegas Tunnels Face Safety Scrutiny
Elon Musk's "Vegas Loop," a network of underground tunnels to ferry passengers in Teslas, was under fresh scrutiny this week from Nevada lawmakers who raised concern about alleged workplace safety and environmental violations.
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Bessent: Trump Quip About Suing Fed Chief Was a Joke
U.S. Treasury Secretary Scott Bessent Friday stressed that President Donald Trump was joking when he said over the weekend that he could sue Kevin Warsh, his nominee to lead the Federal Reserve, if he doesn't lower interest rates.
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BMO Capital Sets S&P 500 Year-End Target at 7,380
BMO Capital Markets initiated its S&P 500 2026 year-end target at 7,380 Friday, citing global monetary and fiscal stimulus that should be supportive for equity prices.
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Mamdani Reaffirms NYC's Sanctuary Policies
New York City Mayor Zohran Mamdani signed what his office described as a "comprehensive" executive order Friday, doubling down on the city's sanctuary policies while unveiling a broad "Know Your Rights" campaign aimed at curbing what City Hall described as federal "overreach."
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Goldman Sachs, Anthropic Team Up to Automate Banking
Goldman Sachs is working with technology startup Anthropic to develop AI-powered agents aimed at automating a widening range of internal functions, CNBC reported Friday, citing the bank's chief information officer.
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US Judge Rejects Compass Bid to Block 'Zillow Ban'
A federal judge on Friday rejected a bid by Compass, the largest U.S. residential real estate brokerage, for an injunction requiring Zillow to list more homes on its real estate platforms.
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Why America's 'Elites' Are Unworthy of Their Status
We remember the disastrous hearings before Congress in 2023 when the presidents of some of the country's most prestigious universities couldn't bring themselves to condemn the violent antisemitic behavior that was taking place on their campuses.
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Fed's Jefferson Optimistic About Job Market, Inflation
Federal Reserve Vice Chair Philip Jefferson said Friday he was "cautiously optimistic" about the 2026 economic outlook, with growth expected to remain slightly above trend, the labor market stabilizing, and inflation resuming a decline to the U.S. central bank's 2%...
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Uber Ordered to Pay $8.5M in Sexual Assault Case
A federal jury has ordered Uber to pay $8.5 million to a woman who says one of its drivers raped her during a 2023 trip.
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Rep. Comer Probes Rep. Omar's Husband's $30M Surge
House Oversight Committee Chairman James Comer, R-Ky., is demanding documents from the husband of Rep. Ilhan Omar, D-Minn., after financial disclosures showed his business holdings skyrocketed in value , a surge Republicans say raises red flags about transparency and potential misconduct.
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Google Workers Seek End to Immigration Deals
A growing group of Google employees is urging company leadership to end cloud-computing work connected to federal immigration enforcement, reviving a wave of internal activism that had been largely dormant in recent years, The New York Times reports.
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Pandora Breaks With Volatile Silver for Platinum
Jewelry brand Pandora is introducing platinum-plated products to distance itself from the volatile silver market after a historic surge in the price of the precious metal, the company's new CEO said.
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Argentina, US Sign Major Trade Deal to Slash Tariffs
Argentina and the United States agreed Thursday to ease restrictions on each other's goods in an expansive trade and investment deal that boosts a drive by President Javier Milei's government to open up Argentina's protectionist economy and a push by the Trump...
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Stubborn Truth May End Transgenderism Lie
Clicks and fads may sometimes rule the day, but the truth is eternal. Kudos to the American people for beginning to realign political, legal and social mores with the truth.
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Can We End the Self-Righteous 'Stolen Land' Already
The self-righteous drivel we hear from leftist celebrities like Billie Eilish that we stand on "stolen land," or that enforcing the law is "racist," shoplifting is a "victimless crime," or healthcare should be "free" are becoming tiresome.
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Dr. Oz: Trump Rx Could Cut Drug Costs for Millions
Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz promoted the newly launched TrumpRx.gov prescription drug pricing website during a Friday morning television interview with Newsmax, saying the platform could reduce costs for Americans struggling to afford medications.
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US Consumer Confidence Climbs to Six-Month High
American consumers are feeling better about the economy, with confidence jumping to its strongest level in six months as stock-market gains boost household optimism, Bloomberg reports.
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Judge Blocks IRS From Giving Taxpayer Data to ICE
A second federal judge reportedly has blocked the Trump administration from using taxpayer address information to help Immigration and Customs Enforcement track down undocumented immigrants.