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Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk reversed a threat to retire SpaceX’s Dragon after a clash with Trump. The capsule remains vital to ISS missions.
U.S. adds 139K jobs amid trade war uncertainty
U.S. employers added 139K jobs as hiring slowed. Trump’s trade policies stir economic fears, though recession signals remain unclear.
Tesla stock plunges after Musk feud with Trump escalates
Tesla stock plunged 14% as Musk's clash with Trump spurred fears of federal backlash, erasing $150B in market value.
The number of Americans filing for jobless benefits last week rises to highest level in eight months
Unemployment claims rose to 247,000, an 8-month high, as tariff uncertainty and corporate job cuts weigh on the U.S. labor market and economic outlook.
Amazon planning $10B investment for North Carolina data center and AI campus
Amazon will invest $10B in a North Carolina AI and cloud campus, creating 500 jobs and boosting infrastructure in Richmond County, a rural textile region.
Trump speaks with Xi amid stalled talks between the US and China over tariffs
U.S. President Donald Trump and Chinese leader Xi Jinping spoke amid stalled tariff negotiations that have roiled global trade.
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
Fed lifts Wells Fargo's 2018 asset cap, citing progress in culture and compliance reforms.
Meta’s nuclear deal signals AI’s growing energy needs
Meta signs 20-year nuclear energy deal with Constellation as tech giants seek cleaner power to meet AI’s surging electricity demands.
Dollar General hits record $10.44B in quarterly sales
Dollar General posts $10.44B in record quarterly sales and raises outlook as consumers shift to discount retailers amid economic uncertainty.
China blasts US chip export bans and student visa plans
China slams new US restrictions on AI chip exports and student visas, threatening retaliation over advanced technology competition.
EU plans countermeasures against US steel tariffs
The EU warns of “defensive” actions if trade talks with the US fail, following surprise steel tariffs that shook global markets.
30-year mortgage rates climb to 6.89%, highest since Feb
U.S. 30-year mortgage rates rise to 6.89%, their highest level since February, pushing borrowing costs up and slowing home sales.
