Trump says ‘extremely hard’ to make a deal with China’s Xi as trade stalemate fuels calls for leaders to talk

U.S. President Donald Trump said Wednesday that its was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions. Scott Bessent, U.S. treasury secretary, said Thursday stateside that trade talks were “a bit stalled,” and…

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Fantasy Math: How the GOP’s Tax Bill Distorts the True Cost of U.S. Debt and What It Means for Your Wallet

📊 Introduction: The Illusion of “Fantasy Math” The recent passage of the GOP’s “One Big Beautiful Bill” has stirred significant debate. Critics argue that the bill employs “fantasy math” to downplay its true impact on the U.S. national debt. By using optimistic projections and excluding certain costs, the legislation presents a rosier picture than reality….

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Stocks making the biggest moves premarket: Dollar General, Constellation Energy, Pinterest, Hims & Hers Health and more

📈 Top Premarket Gainers 1. Dollar General (NYSE: DG) Shares of Dollar General surged over 10% in premarket trading after the company reported strong first-quarter earnings that surpassed Wall Street expectations. The discount retailer also raised its full-year 2025 guidance, signaling confidence in its growth trajectory. investing.com 2. Constellation Energy (NASDAQ: CEG) Constellation Energy’s stock…

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Winklevoss-founded crypto exchange Gemini files draft statement to go public

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The filing, submitted on June 6, 2025, signals the company’s intent to go public, although specific details regarding the number of shares and…

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EU businesses lobby China for rare earths ‘fast-track’ channel

European Union businesses are urging China to establish a special “fast-track” or “white list” channel for rare earth export licenses for trusted companies amid mounting global supply chain disruptions. At a recent meeting with China’s Ministry of Commerce, EU executives expressed concerns that stringent Chinese export controls—initially targeted at the US—have slowed deliveries to manufacturing…

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Big investors shift away from US markets

📉 Global Investors Shift Away from U.S. Markets Amid Economic Uncertainty Institutional investors are increasingly reducing their exposure to U.S. markets, driven by concerns over unpredictable trade policies and rising national debt. This shift has led to a significant underweighting of the U.S. dollar—the most in nearly two decades—and a reallocation of investments toward European…

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🪙 Crypto Market Faces Turbulence: Bitcoin’s $827 Million Liquidation Amidst Market Sell-Off

The cryptocurrency market experienced a significant downturn today, with Bitcoin leading the decline. Over $827 million in long positions were liquidated within 24 hours, marking one of the most substantial single-day sell-offs in recent history. This sharp drop has sent ripples through the market, affecting altcoins and raising concerns among investors.TradingView+199Bitcoins+199Bitcoins 📉 Bitcoin’s Price Plunge…

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