United States · Business
Same event, multiple sources, transparently cited.
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Ares Management’s Portfolio Companies Grow 8-12% Amid Private Credit Concerns
Ares Management’s co-president Blair Jacobson said their 3,000 portfolio companies are growing despite negative private credit headlines.
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SpaceX plans $75 billion IPO led by Goldman Sachs, Morgan Stanley
SpaceX is preparing an IPO to raise $75 billion, led by Goldman Sachs and Morgan Stanley as underwriters.
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Indonesia enforces state oversight on coal and palm oil exports starting June 1, 2026
Indonesia began requiring exporters of coal and palm oil to report sales documents to a state firm as of June 1, 2026.
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Meta agrees to $18 billion settlement with US states over teen social media addiction claims
Meta and 49 US states agreed on an $18 billion settlement over allegations of addicting teens on Facebook and Instagram.
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Cash App launches $25 wand-shaped device for tap-to-pay Visa transactions
Cash App introduced a $25 wand-shaped NFC device for tap-to-pay purchases linked to users' Cash App Cards.
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Target shares fall up to 5% after backlash over racist Halloween costume
Target’s shares fell nearly 5% Tuesday after it pulled an offensive clown costume and apologized amid public outrage.
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House Republicans Urge DOJ to Investigate Sexual Assault Claims Against Philip Levine and Frédéric Fekkai
House Republicans have asked the DOJ to probe sexual assault allegations against Philip Levine and Frédéric Fekkai by Jeffrey Epstein’s assistant Sarah Kellen.
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Iran War Disrupts Global Jet Fuel Supply, Costs Airline Industry $15 Billion
The Iran war closed the Strait of Hormuz, pushing jet fuel prices past $230 a barrel and costing airlines $15 billion so far.
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Arm Holdings' Market Value Surges Above $180 Billion as Chip Business Expands
Arm Holdings' American depositary receipts nearly doubled in 2026, lifting market value past $180 billion amid expansion into AI chips.
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Eli Manning's Brand Velocity Group acquires youth sports licensor RCX Sports
Brand Velocity Group, co-founded by former NFL QB Eli Manning, acquired RCX Sports, which manages official youth sports licenses for major leagues.
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US Treasury Plans to Use Nearly $1 Trillion Account for Expanded Debt Buybacks
The US Treasury plans to tap nearly $1 trillion in the Treasury General Account to fund a larger government debt buyback program.
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US reviews Shein’s $80M purchase of Everlane over national security concerns
US authorities are reviewing Shein’s May 2026 $80 million acquisition of Everlane for national security risks linked to American data.
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India lifts wheat export ban, allowing immediate shipments amid global supply strain
India ended its near four-year wheat export ban on August 24, permitting shipments including durum wheat and flour.
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US Dollar Near Multi-Month Lows Amid Rising Debt and Iran Sanctions Uncertainty
The US dollar hovered near multi-month lows on August 24-25, pressured by US debt concerns, Treasury bond buybacks, and Iran sanctions uncertainty.
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Bitcoin Tops $80,000 for First Time Since May on US Treasury Bond Buybacks
Bitcoin surged above $80,000 on August 25, marking its biggest weekly gain in three years amid US Treasury bond buybacks and dollar weakness.
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German Finance Minister Blames Trump’s Iran War for Surge in German Bond Yields
German Finance Minister Lars Klingbeil blamed Donald Trump’s Iran conflict for rising bond yields and called for a windfall tax on oil firms.
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Trump signs executive order to tighten customs enforcement with AI tools
President Trump signed an order Wednesday directing stronger customs enforcement using AI to crack down on tariff evasion and illegal imports.
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First confirmed case of flesh-eating New World screwworm found in Texas cattle
The US confirmed its first case of the parasitic New World screwworm in a Texas calf on June 3, 2026, prompting response efforts and import restrictions.
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Taylor Swift Tops Music Wealth with $2 Billion Net Worth
Taylor Swift's net worth doubled to $2 billion, making her the richest musician in history.
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Senate Republicans drop $1 billion ballroom security funding from immigration bill
Senate Republicans removed $1 billion for Trump’s White House ballroom security from immigration enforcement bill after parliamentarian ruling.
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Fed’s John Williams says current monetary policy stance is appropriate with no clear rate direction
New York Fed President John Williams said monetary policy is well positioned with no need to raise or cut rates now and no clear signal on future moves.
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Amazon launches AI-generated product images in shopping app search results
Amazon began showing AI-generated product images in its shopping app to enhance search results for clothing and home goods.
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Meta launches Meta Business Agent AI for businesses with subscription and usage fees
Meta began selling its AI-powered Meta Business Agent to businesses on June 3, 2026, charging by subscription and data usage.
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Meta Builds Vast Data Center in Louisiana as AI Competition Heats Up
Meta CEO Mark Zuckerberg is constructing a massive data center in Louisiana amid growing AI competition from other tech firms.