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Why Amazon actually got off easy despite ‘historic’ $2.5 billion Prime deceptive practices settlement
The surprise settlement between the online retail giant and the Trump administration happened just a few days into the trial over one of Amazon’s most important businesses. Amazon is paying a steep price—and taking a big win.
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The U.S. will now actually control TikTok’s algorithm, JD Vance says
With the Ellisons (Oracle) and Murdochs (Fox) in the mix, Trump allies are poised to take at least partial control over the app’s recommendation engine.
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Burnham’s borrowing plans would spook gilt market, investors warn
Fund managers say fresh borrowing spree would drive up gilt yields and dent the pound
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US charges ex-FBI chief who investigated Trump’s alleged Russia ties
James Comey’s indictment comes just days after US president called for swift prosecution of his opponents
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Scott Bessent tells NYC to ‘drop dead’ while he arranges a $20B swap line for Argentina’s chain-saw-wielding, dog-cloning president
The Treasury Secretary looks at New York and sees a replay of the 1970s. He looks at Trump’s ally in Argentina and sees someone in need of rescue.
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S&P 500 has longest losing streak for over a month as Wall Street stumbles to third straight loss
Stocks felt pressure from reports showing the U.S. economy may be stronger than economists thought because the Fed may be less likely to cut.
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Elon Musk just sold Grok to U.S. government for 42 cents—and signals warmer ties with Trump
Washington is quietly handing Musk a foothold in the AI race with a licensing deal.
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Starmer to attack Farage as he unveils digital ID cards plan for all UK adults
Prime minister to accuse populist right of promoting a ‘politics of predatory grievance’
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OpenAI is upping the ante massively
Calculated display of self-confidence is intended to signal it is still leading the charge to superintelligence