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Elon Musk Briefly Lost His Title as World’s Richest Person — Then Regained It

Larry Ellison briefly overtook Elon Musk as the world’s richest person after Oracle’s $89B earnings boost, but Musk reclaimed the crown by day’s end.

Trump Announces Progress in U.S.-India Trade Talks, Praises PM Modi

President Trump expressed optimism about U.S.-India trade talks, calling Modi a “very good friend” and predicting a successful conclusion to ongoing negotiations.

Bank of America Sees Investment Banking Fees Rising 10%–15% in Q3

Bank of America expects investment banking fees to rise 10–15% in Q3, fueled by global dealmaking momentum, AI enthusiasm, and strong consumer spending.

Trump Signals Readiness for Joint Sanctions on Russia After Kyiv Attacks

EU’s top sanctions envoy meets U.S. officials in Washington to discuss the first coordinated sanctions on Russia as Trump signals readiness for tougher action.

Top White House Economic Adviser Says Fed Must Remain Independent

Kevin Hassett, a finalist to succeed Jerome Powell, warned against political pressure on the Fed as Trump pushes for rate cuts amid signs of economic slowdown.
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