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The WSJ Dollar Index Falls 0.3% to 100.18
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Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Hope Hicks: Trump was worried about WSJ article’s effect on Melania
Donald Trump’s former communications director testifies that he worried about Wall Street Journal article about purchase of Stormy Daniels and Karen McDougal stories. Trump trial continues with judge dismissing claims that ex-president can’t ...The Guardian - World - Donald Trump -
Attacks on press freedom around the world are intensifying, index reveals
In the past year, in virtually every region, journalists and independent media outlets faced increasing repression. Political attacks on press freedom, including the detention of journalists, suppression of independent media outlets and widespread ...The Guardian - World -
Jobs Data, Tech Stocks Power Indexes to Weekly Gains
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.The Wall Street Journal - World -
How Scrappy Cryptominer CoreWeave Transformed Into the Multibillion-Dollar Backbone of the AI Boom
CoreWeave, once a small player in crypto, is now a $19 billion unicorn that provides GPUs to AI developers. Its frenetic culture and rising competition now pose challenges, former employees say.Wired - Tech -
Trump blames strong dollar for U.S. economy ‘going to hell’
Trump’s economic advisors are ”actively debating ways to devalue the U.S. dollar if he’s elected to a second term,” according to one report.MarketWatch - Business - Donald Trump -
Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources
The electric utility replaces Pioneer Natural Resources on the benchmark index after the latter’s acquisition by Exxon Mobil.MarketWatch - Business -
Louisiana boy receives surprising reward after generously giving away his only dollar
Nine-year-old Kelvin Ellis Jr. of Louisiana had just received a dollar for good grades, the only dollar to his name. When he chose to give it away to a man he thought was homeless, he received a surprising reward. Steve Hartman has the story in ...CBS News - Top stories -
A boy gave away his only dollar. In exchange, he was rewarded for his generosity.
Nine-year-old Kelvin Ellis Jr. had just received the dollar for good grades, and it was the only money he had to his name.CBS News - Top stories -
Lagardère: Anatomy of a French heir’s fall
Arnaud Lagardère’s exit comes as Bernard Arnault and Vincent Bolloré prepare their own successionsFinancial Times - World
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The CEO Who Hired His Wife, Gave His Dog a Title, and Brought Down a Bank
Vernon Hill, the builder of Commerce Bank and Metro Bank, was also behind toppled Republic First.The Wall Street Journal - World -
Activist Groups Trained Students for Months Before Campus Protests
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Elon Musk Tries to Make Himself Indispensable at Tesla Ahead of Pay Vote
The CEO is shifting the EV maker’s strategy and suggesting that he could take his ideas on AI elsewhere.The Wall Street Journal - World - Elon Musk