Month: July 2025
Trump diagnosed with common vein condition after ankle swelling raises concerns
First Lady Melania Trump, President Donald Trump, FIFA President Gianni Infantino and his wife, Leena Al Ashqar, attend the FIFA Club World Cup 2025 final football match between England’s Chelsea and France’s Paris Saint-Germain at MetLife Stadium in East Rutherford, New Jersey, July 13, 2025. Charly Triballeau | AFP | Getty Images President Donald Trump […]
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House passes crypto industry-backed market structure bill
The US Capitol is seen in Washington, DC, on July 16, 2025. Alex Wroblewski | AFP | Getty Images The U.S. House of Representatives passed a bill on Thursday that would develop a regulatory framework for cryptocurrencies and expand the Commodity Futures Trading Commission’s oversight of the industry. The move is a major win for […]
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DOJ demands names, release dates of noncitizens in California jails as Trump deportation efforts ramp up
U.S. Attorney General Pam Bondi discusses a drug enforcement-related announcement during a press conference at DEA Headquarters in Arlington, Virginia, U.S., July 15, 2025. Umit Bektas | Reuters The Department of Justice on Thursday asked California sheriffs for data on their inmates who are not U.S. citizens — including the crimes they committed and their […]
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Abbott stock fell victim to an old earnings season truth: It’s all about the guidance
Shares of Abbott Laboratories fell Thursday after the diversified health-care company delivered a solid second quarter but left investors disappointed with forward guidance. Revenue in the three months ended June 30 rose 7.4% to $11.14 billion, outpacing the $11.07 billion consensus estimate, according to estimates compiled by LSEG. Organic sales , excluding Covid testing results, […]
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Here’s where Walmart prices are changing — and staying the same — as Trump’s tariffs hit
A family shops in a Walmart Supercenter on May 15, 2025 in Austin, Texas. Brandon Bell | Getty Images SECAUCUS, N.J. — As customers walk the aisles of Walmart stores, there are some early signs that higher tariffs are changing pricing. The nation’s largest retailer warned in May that it would have to raise prices […]
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Banks are thriving so far in Trump’s economy. Here’s what that means for markets and the consumer
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Saul Loeb | Afp | Getty Images Nearly everywhere you look […]
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Fired Jeffrey Epstein prosecutor Comey: ‘Fear is the tool of a tyrant’
FILE PHOTO: Maurene Comey, assistant U.S. attorney in the Southern District of New York, stands at a news conference announcing the upcoming arraignment of Jeffrey Epstein, who faces charges of sex trafficking of minors and conspiracy to commit sex trafficking of minors, in New York, U.S., July 8, 2019. Shannon Stapleton | Reuters The Jeffrey […]
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Defense manufacturing startup Hadrian closes $260 million funding round led by Peter Thiel’s Founders Fund
Defense manufacturing startup Hadrian on Thursday announced the closing of $260 million Series C funding round led by Peter Thiel’s Founders Fund and Lux Capital. The machine parts company said it will use the funding to build a new 270,000 square foot factory in Mesa, Arizona, and expand its Torrance, California, location as it looks […]
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Sen. Elizabeth Warren targets price gouging in new bill as tariff costs, inflation increase
With expectations that prices will rise throughout the economy over the summer as more tariffs stack up, a group of legislators on Capitol Hill, highlighted by Senator Elizabeth Warren (D-MA), introduced a bill to target price gouging by the market’s biggest companies. The Price Gouging Bill of 2025 — introduced on Thursday by Warren along […]
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Stocks making the biggest moves midday: Lucid Group, Elevance Health, Albemarle, PepsiCo & more
Check out the companies making the biggest moves midday: Steven Madden — The fashion footwear company jumped more than 5% after Citi upgraded the stock to buy from neutral. The Wall Street firm said the market is underappreciating the acquisition of UK-based Kurt Geiger, while a favorable shift towards dress shoes and away from sneakers […]
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