FINANCE
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US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
The nonpartisan Congressional Budget Office estimated what the impact would be if the Tax Cuts and Jobs Act was made permanent.…
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Impact of Federal Reserve rate cuts on savings account APY
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Recession forecasts: odds are starting to look like a coin flip
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Edward Jones CEO says now may be time to ‘buy the dip’—but for stocks, not crypto
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Short-Term Bond ETFs Rake In Billions Amid Recession Alarm Bells
Investors looking for a safe place to hide are shoveling money into ultra-short bond exchange-traded funds as Donald Trump’s economic…
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Why Elon Musk may yet prevail in his attempt to block OpenAI’s for-profit conversion
A federal judge refused to give Musk an immediate injunction against OpenAI’s switcheroo, but threw him a lifeline. Read More…
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Michael Bloomberg is America’s biggest donor with $3.7 billion in gifts: ‘I’ve never understood people who wait until they die to give away their wealth’
For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes.…
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After Trump-Zelensky blowup, Europe may be more willing to seize frozen Russian assets while EU official says ‘free world needs a new leader’
“Are the Europeans willing to stand up for themselves, for their principles, for their values, and for fellow Europeans? And…
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Scandal-plagued billionaire White retakes control of WiseTech
In effect, White has used his 37% stake in the company to muscle his way back into control. Read More…
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Warren Buffett never considers where execs graduated from and says a ‘large portion’ of business talent is innate
“One further point in our CEO selections: I never look at where a candidate has gone to school. Never!” Read…
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