Finance
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Commerce Sec Howard Lutnick signals Intel deal has been completed: US 'now owns 10%' of company
Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.
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Treasury Department confirms US has surpassed $37 trillion in debt
The United States reportedly reached $34 trillion in debt in January 2024, $35 trillion in July 2024, and $36 trillion in November.
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Jamie Dimon appears less skeptical of new Trump tariffs: 'So far, so good'
The comments occurred the same day Trump revealed the latest tariff rates on over 70 countries, which included 35% tariffs on Canadian goods and 10% for the United Kingdom.
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Over 100 LA County lifeguards earn $500K annually, watchdog report
Los Angeles is ranked the 25th most expensive U.S. city, with a medium household income of $82,848, compared to the national average of $79,466.
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S&P 500 reaches record high, gains rough 20% after plummeting over investor fears of Trump tariffs
The S&P 500 closed Friday at 6,173, surpassing its previous high of 6,144 in February.
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Treasury sanctions fugitive leader of Venezuelan Tren de Aragua gang
The Treasury Department accused Mosquera Serrano of being part of the gang's drug trafficking and financial operations.
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United States reaches $37 trillion in debt
The benchmark comes after the U.S. passed the $36 trillion debt threshold in November.
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Trump's 2025 financial disclosure reveals president made $57 million from cryptocurrency startup
Trump also made millions off of royalties for various luxury items last year, including a guitar, sneakers, watches and Bibles. Altogether the royalties equaled over $12 million.
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Advocacy group at heart of anti-ICE protests in LA has long raised money through ActBlue
Although a different credit-card processor is used on their own webpage, The Coalition for Humane Immigrant Rights of Los Angeles (CHIRLA) is listed in ActBlue's official directory.
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Citibank reverses course, drops anti- Second Amendment policy
While claiming it “has always been fully committed to treating all current and potential clients fairly,” it said concerns were raised “regarding ‘fair access’ to banking services.”
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Trump Media closes Bitcoin deal with about 50 institutional investors
The deal will allow the company to trade $1.5 billion in stock and $1 billion in convertible notes for $2.5 billion in Bitcoin.
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S&P 500 closes out best month since 2023
The numbers come as tension with China remains high over an impending trade deal. Trump accused China of violating a "fast deal" he made with them after he imposed steep tariffs on the country, but later sounded optimistic that a trade deal was still possible.
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Moody's downgrades US credit rating over high deficit
The decision comes after the U.S. deficit for the current fiscal year hit $1.3 trillion last month, despite only being six months into the fiscal year, which began on October 1.