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Elon Musk Steps Down:In a surprising turn of events, Elon Musk has announced his departure from the U.S. government, concluding a turbulent chapter as head of the Department of Government Efficiency. Once one of Donald Trump’s most prominent campaign supporters and a key figure within the administration, Musk revealed on social media that his role …
SpaceX Starship Flight 9 Fails: In what marks the third consecutive setback for Elon Musk’s SpaceX, Starship Flight 9 ended in failure after crashing over the Indian Ocean just 30 minutes post-launch. The 123-meter mega rocket lifted off from SpaceX’s Starbase facility in Texas but lost control mid-flight and disintegrated before completing its objectives. SpaceX …
US Fiscal Deficit:The growing fiscal deficit in the United States is emerging as a major concern for global investors, raising questions about the long-term stability of equity markets around the world. Financial experts are warning that the combination of escalating national debt, trade tensions, and tariff uncertainties is creating a climate of apprehension, shaking investor …
North Korea Condemns Trump led Golden Dome Missile Shield:Tensions are flaring again on the Korean Peninsula, as North Korea has issued a strong condemnation of US President Donald Trump’s newly announced “Golden Dome” missile defense project. In a memorandum released by Pyongyang’s foreign ministry, the system was labeled a “very dangerous threatening initiative” that endangers …
Harvard vs. Trump:In a significant legal development, international students at Harvard University have received a temporary reprieve as a federal judge blocked the Trump administration’s attempt to revoke their visas. The decision comes amid a legal challenge filed by Harvard, asserting that the government’s actions are both unlawful and damaging to the academic community. In …
In a significant development late in the trading session, shares of US Steel surged over 20% after President Donald Trump publicly voiced support for the embattled deal between US Steel and Japan’s Nippon Steel. Posting on his Truth Social account, Trump declared that the deal would keep the American steel industry firmly rooted in the …
US Bond Market:The world’s biggest bond market is sounding increasingly louder alarms over the United States’ worsening fiscal situation, particularly in response to President Donald Trump’s latest tax legislation. Investors are growing nervous as the implications of this “beautiful” tax bill begin to unfold. US Bond Market Raises Alarms Over Trump’s Fiscal Moves The world’s …
Retail Investor Bullish Sentiment Surges :Investor optimism is rising sharply as the latest AAII survey shows a surge in bullish sentiment to 35.9% — the highest since January 2025. This jump of 15 percentage points in just two weeks is among the largest since late 2023, while bearish sentiment has dropped sharply, ending an 11-week …