Business

Global Bond Sell-Off Puts Investors on Edge

Government borrowing costs are hitting multi-decade highs around the world, reflecting anxiety about debt levels, deficits and inflation.Government borrowing costs are hitting multi-decade highs around the world, reflecting anxiety about debt levels, deficits and inflation. Government Bonds, Stocks and Bonds, Inflation (Economics), Europe, Japan, United States Read More

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How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal. United

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Shein’s Lackluster Debut Shows a Fast-Fashion Model Left Behind

Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on.Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on. Shein (Fashion Label), Initial Public

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Donald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket

The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million.The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million. Venture Capital, Prediction Markets, Regulation and Deregulation of Industry,

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Expedia Fights Off Claim for Damages by Cuban Exile Families

A jury in Florida found that in their suit against the travel booking company, the plaintiffs had failed to prove ownership over tourism properties in Cuba.A jury in Florida found that in their suit against the travel booking company, the plaintiffs had failed to prove ownership over tourism properties in Cuba. Cuba, Expedia Inc, Cuban-Americans, Decisions

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IRS Audit Revenue Has Plummeted Under Trump, Watchdog Finds

The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits.The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits. United States Politics and Government, Tax Evasion, Federal Budget (US), Taxation, Labor and Jobs, Government

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Private Equity Wants to Invest in College Sports. Some Schools Are Wary.

As desperate as many athletic programs are for money, they are proceeding cautiously when it comes to deals with private equity.As desperate as many athletic programs are for money, they are proceeding cautiously when it comes to deals with private equity. Private Equity, College Athletics, RedBird Capital Partners Management LLC, Weatherford Capital Management LLC, Otro Capital,

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Kalshi Permanently Bars George Santos From the Platform

The prediction market said it had barred George Santos, the former congressman from New York, and fined him $71,356 over evidence he engaged in insider trading.The prediction market said it had barred George Santos, the former congressman from New York, and fined him $71,356 over evidence he engaged in insider trading. Fines (Penalties), United States Politics

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U.S. Start-Up Partners With Saudi Arabia for Data Center

Together AI, which serves open-source artificial intelligence models, announced a deal to use compute from Humain in Saudi Arabia, where it can bypass U.S. backlash over data centers.Together AI, which serves open-source artificial intelligence models, announced a deal to use compute from Humain in Saudi Arabia, where it can bypass U.S. backlash over data centers. Artificial

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G20 Finance Officials Gather in U.S. as Iran War Grips Global Economy

The meeting is expected to focus on the ongoing economic shock from the war in Iran, which has driven up oil prices globally.The meeting is expected to focus on the ongoing economic shock from the war in Iran, which has driven up oil prices globally. Group of Twenty, Treasury Department, Bessent, Scott, Trump, Donald J, Asheville

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