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An American senator said China must halt the flow of fentanyl ingredients into the U.S. before any trade negotiations, a demand that clouds the prospect of imminent leaders’ talks to ease tensions between the world’s two largest economies. Steve Daines, a close ally of President Donald Trump, laid out the condition in meetings with Chinese…

Treasury Secretary Scott Bessent can’t stop talking about 10-year bond yields. In speeches, in interviews, week after week, he states and restates the administration’s plan to push them down and keep them down. Some of this is normal — keeping government borrowing costs in check has long been part of the job — but Bessent’s fixation on the…

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Tesla is making big bets on AI, but investors might have a reason to question where the money is going. If left unexplained, a $1.4 billion discrepancy between the firm’s capital expenditures and the valuation of the assets that cash was spent on, first reported by the Financial Times, could spark concerns about internal controls…

The Pentagon has initiated an investigation incorporating polygraph tests to hunt down leakers after Elon Musk called for the prosecution of any Defense Department officials spreading “maliciously false information” about his dealings with the military. In response to accusations surrounding Musk’s recent visit to the Pentagon, Defense Secretary Pete Hegseth’s chief of staff, Joe Kasper, called…

White House envoy Steve Witkoff has praised Vladimir Putin in glowing terms as trustworthy and said the Russian leader told him he had prayed for his “friend” US President Donald Trump when he was shot. Witkoff met with Putin over multiple hours last week in Moscow and told US media the talks—which involved discussions about…

Making President Donald Trump’s tax cuts permanent would send US debt held by the public above 200% of GDP in a few decades, according to a new estimate from the nonpartisan Congressional Budget Office. Trump’s signature economic policy achievement from his first term is due to expire at the end of this year, but he…

Comedian Ben Stiller’s mind-bending trip Severance celebrated its second season finale on Apple TV+ on Thursday, and the actor-director-producer already has plans for more. Apple CEO Tim Cook just pledged to renew it after it eclipsed Ted Lasso to become the streaming service’s most-watched series. But Apple+ reportedly remains a money loser whose fate depends on the benevolence of Cook.  According to The…

Elon Musk visited the Pentagon Friday for a briefing on China which underscored the billionaire’s steadily growing influence in the Trump administration as well as his businesses’ deep ties to both the federal government and China. Musk was originally meant to receive a briefing on top-secret information related to a potential war with China, The…

President Donald Trump announced Friday that Boeing will build the Air Force’s future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current fleet and is essential in a potential conflict with China. Known as Next Generation Air Dominance, or NGAD, the manned jet will serve…