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Trump tariffs live updates: Bessent suggests pause extension, US-China trade framework takes shape
After weeks of back and forth, the US and China have agreed on a framework to implement the Geneva consensus that helped ease tariffs. The breakthrough came after two days of talks in London, including a marathon session on Tuesday. US Commerce Secretary Howard Lutnick said both sides had to “get the negativity out”…
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Campaign finance watchdog sues Elon Musk, accuses him of election bribery ahead of April Supreme Court election
A Wisconsin campaign finance watchdog group is suing Elon Musk and his affiliated political action committees, claiming they conspired to break state election bribery laws by paying residents millions of dollars ahead of the April Supreme Court election. The lawsuit, filed Wednesday by the Wisconsin Democracy Campaign, labels Musk’s efforts this year as a “brazen…
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Oakglen Wealth buys Jersey financial planning firm
As part of the deal, HBFs’ managing director alongside a partner, will provide advisory support during the transition period. Credit: earthphotostock/Shutterstock. Independent investment manager Oakglen Wealth Holding, a subsidiary of Oakglen Group, has announced the acquisition of Homebuyer Financial Services (HBFS), a Jersey-based independent financial planning firm. Homebuyer Financial Services is regulated in Jersey…
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Hong Kong’s Financial Evolution: China’s Bid to Shape Global Capital Flows
Hong Kong has been China’s primary gateway to global markets, especially as a channel for inbound foreign capital. But the territory’s role is gradually shifting. Hong Kong is increasingly emerging as a controlled outlet for Chinese households to invest their vast pool of savings in foreign assets through carefully calibrated liberalization mechanisms.Hong Kong’s transformation comes…
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‘Allies don’t sanction allies’: Finance Minister Smotrich unfazed by UK sanctions
Finance Minister Bezalel Smotrich remained largely unfazed after the United Kingdom, Canada, Australia, New Zealand, and Norway imposed personal sanctions on him and National Security Minister Itamar Ben-Gvir on Tuesday, restricting their assets and banning visits to those countries.“This means nothing to me personally. I have no assets in any of those countries, nor any…
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Home prices tick up in May as mortgage applications rise higher
00:00 Brad Smith Shelter inflation rose three tenths of a percent in May, remaining stubborn even as inflation largely slowed in the past month with just a one tenth of a percent increase. Year-over-year, housing costs rising 3.9% compared to 2.4% for the full index. Here to break down the latest report, we’ve got Yahoo…
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Trump tariffs live updates: US-China trade framework takes shape as Trump says deal ‘done’
After weeks of back and forth, the US and China have agreed on a framework to implement the Geneva consensus that helped ease tariffs. The breakthrough came after two days of talks in London, including a marathon session on Tuesday. US Commerce Secretary Howard Lutnick said both sides had to “get the negativity out”…
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Espinoza believes his background in finance and being from Abilene makes him a great fit
ABILENE, Texas — Newly-elected councilman, Miguel Espinoza, believes his deep roots in the community are essential during his tenure.”I think it’s super important as a city councilman to be connected to the community and have as many touch points as you can have,” said City Council Place Five elect Miguel Espinoza. “Whether that is work,…
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EXCLUSIVE: Kelly Loeffler, a Trump cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company
Kelly Loeffler, President Trump’s pick to be Administrator of the Small Business Administration, testifies during her Senate Small Business and Entrepreneurship Committee confirmation hearing in the Russell Senate Office Building on January 29, 2025 in Washington, DC.Kevin Dietsch—Getty Images
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Trade finance impact fund faces liquidity squeeze, blames auditor
TriLinc Global Impact Fund (TGIF), an emerging market trade lender, claims its auditor is to blame for a liquidity crunch that has rendered it unable to pay investors or fund new loans. TGIF provides and invests in trade finance and term loans to SMEs in emerging markets, but a large portion of these have turned…