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Politics
Trump appeals order slamming IRS lawsuit, referring lawyer to bar
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland.Andrew Harnik | Getty ImagesPresident Donald Trump on Friday appealed a federal judge's blistering order…
Dwindling cash and soaring memory costs
Almost four years into the artificial intelligence boom, the world's biggest tech companies are still making grand promises about the future. The problem is, they're burning through their cash in the process. AI spending among the…
Fed’s Warsh sounded dovish. His words point to a rate hike: Analysis
A trader works, as a screen broadcasts a press conference by U.S. Federal Reserve Chair Kevin Warsh following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 29, 2026. Brendan…
‘Spider-Man: Brand New Day’ box office: Record $72M preview sales
Tom Holland stars as Peter Parker, aka Spider-Man in Sony and Marvel's "Spider-Man: Brand New Day."SonySpider-Man is already webbing up a massive box office haul.Sony and Marvel's "Spider-Man: Brand New Day" secured $72 million in…
U.S. has ‘not agreed to’ grant Ukraine Patriot missile licenses
US President Donald Trump speaks during a Cabinet meeting at Camp David in Maryland, on July 31, 2026.Aaron Schwartz | AFP | Getty ImagesPresident Donald Trump on Friday said the U.S. "has not agreed" to grant Ukraine licenses to produce…
FIFA World Cup subsidiary tests limits of private equity in sports
The FIFA World Cup Trophy is displayed at MetLife Stadium ahead of the FIFA World Cup Final on July 15, 2026, in East Rutherford, New Jersey.Jordan Bank - Fifa | Fifa | Getty ImagesGlobal soccer may be finding the limits to private…
Amazon collected $600 million in Trump tariff refunds
White House Press Secretary Karoline Leavitt holds a printout of a news article picturing Amazon founder and Executive Chairman Jeff Bezos that reads 'Amazon partnered with China propaganda arm,' during the daily briefing in the White…
Fed officials who voted to hike rates say action is needed now against
Beth Hammack, president and chief executive officer of the Federal Reserve Bank of Cleveland, during a research conference at the Federal Reserve Bank of Dallas in Dallas, Texas, US, on Friday, Oct. 31, 2025. Desiree Rios | Bloomberg |…
Novo Nordisk shares fall after heart medicine trial results
Shares of Novo Nordisk fell as much as 10% on Friday after the drugmaker said a late-stage heart drug trial failed to reduce major adverse cardiovascular events, or MACE, compared to a placebo.While the experimental medicine,…
Exxon and Chevron profits surge on rising oil prices due to Iran war
Vessels transiting through the Gulf of Oman are pictured off the coast of Muscat on July 25, 2026. - | Afp | Getty ImagesExxonMobil and Chevron on Friday reported second-quarter profits that surged on rising oil prices due to the Iran…