United States · Business
Same event, multiple sources, transparently cited.
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FDA warns Revlon for inadequate safety testing and possible carcinogen contamination
The FDA issued a warning letter to Revlon on June 2 over insufficient product safety testing and potential carcinogen risks.
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GM advances vehicle-to-grid tech with 250,000 EVs able to power homes and grid
General Motors updated software enabling 250,000 EVs nationwide to discharge electricity back to homes and support the US electrical grid.
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Trump family earned $2.3B from crypto ventures as investors lost $2.3B by April 2026
The Trump family made $2.3 billion from crypto projects since mid-2024 while outside investors lost an equal amount amid plunging token values.
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SpaceX IPO to Start Trading June 12 on Nasdaq with $1.75 Trillion Valuation
SpaceX will begin trading on Nasdaq as SPCX on June 12, after raising $10 billion from institutional investors at $135 per share.
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White House Border Czar Pledges Major ICE Agent Surge to New York City After New Law
Tom Homan vowed to send more ICE agents than ever to New York City following a new state law barring local cooperation with federal immigration enforcement.
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Amazon launches AI-powered custom merchandise design feature via Alexa in US
Amazon launched an AI-driven custom merchandise design tool through Alexa for Shopping on June 8, available only in the US.
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US Household Financial Worries Reach Nearly Four-Year High in May 2026
US households reporting worsened finances hit 43.7% in May 2026, the highest since early 2023, while inflation expectations stayed steady around 3%.
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Sony Music and Warner Chappell sue Anthropic over large-scale copyright infringement
Sony Music Publishing and Warner Chappell filed a lawsuit alleging Anthropic illegally used copyrighted songs to train its Claude AI on August 28, 2026.
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Roche to pay up to $2.3 billion for rights to Nurix blood cancer drug
Roche agreed to pay Nurix up to $2.3 billion for rights to experimental blood cancer drug bexobrutideg, with a $700 million upfront payment.
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Ex-White House Teleprompter Operator Fined $172,000 for Insider Trading on Trump Speech Bets
Gabriel Perez paid over $172,000 to settle charges of insider trading on prediction market bets about Trump speeches.
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Trump supports $1.776B fund for January 6 rioters, won’t rule out paying those who assaulted police
Donald Trump backed a $1.776 billion fund for January 6 rioters and declined to rule out compensating those charged with assaulting police officers.
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79th Tony Awards Held at Radio City Music Hall, Hosted by P!NK
The 79th annual Tony Awards took place Sunday night at Radio City Music Hall in New York City, hosted by singer P!NK.
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US Gains Majority Control of Over 65 Billion Barrels in Venezuela Oil Deal
The US and Venezuela agreed on August 28 to grant the US majority control of more than 65 billion barrels of Venezuelan oil reserves.
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Federal Reserve’s Michael Barr warns US bank deregulation threatens financial stability
Former Fed governor Michael Barr criticized recent US bank deregulation moves, warning they weaken oversight and increase risks to financial stability.
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Apple raises Apple TV and Apple One subscription prices in US, effective August 28, 2026
Apple increased Apple TV monthly and annual subscription prices and raised Apple One individual plan costs in the US today.
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Tech stocks tumble and Bitcoin dips below $60,000 ahead of SpaceX IPO
On June 5, 2026, AI stocks plunged sharply and Bitcoin fell under $60,000 as bond yields surged, testing retail investor risk appetite ahead of the SpaceX IPO.
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74% of US white-collar workers regularly use AI, boosting productivity but not cutting work hours
Most US non-managerial white-collar workers use AI regularly, saving work time often reinvested in new tasks rather than reducing hours.
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Fed Chair Warsh signals possible rate hikes if inflation stays above 2% target
Federal Reserve Chair Kevin Warsh warned inflation remains too high and the Fed may raise interest rates if progress stalls.
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US approves $1.98 billion sale of counter-drone technology to Kuwait
The US State Department approved a $1.98 billion arms sale of counter-drone systems to Kuwait following a deadly drone strike on its airport.
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US Gains Control of 65 Billion Barrels in New Venezuela Oil Agreement
The US and Venezuela agreed to give the US control over 65 billion barrels of Venezuelan oil reserves through a 100-year lease deal.
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Fed Chair Warsh Signals Possible Rate Hike Amid Inflation Concerns at Jackson Hole
Federal Reserve Chair Kevin Warsh signaled possible rate hikes if inflation remains high in his first major Jackson Hole speech on August 28, 2026.
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Federal Reserve Officials Urge Interest Rate Hikes Amid Persistent Inflation
Fed officials including Cleveland’s Beth Hammack call for immediate rate hikes as inflation runs at 3.7%, above the 2% target.
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Strong US June Jobs Report Raises Odds of Federal Reserve Rate Hike in 2026
A robust June jobs report boosted market bets that the Federal Reserve will increase interest rates this year amid inflation concerns.
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LinkedIn co-founder Reid Hoffman to leave Microsoft's board to focus on AI drug startup Manus
Reid Hoffman is stepping down from Microsoft's board after nearly a decade to lead AI biopharma company Manus.