In Today’s News
New “Trump” currency proposed in DC [ad]
US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion (Reuters) – The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and surging collections of import duties, the Treasury Department said on Monday.Treasury reported that …. Read More >>
EU regulators ask if Starlink is credible rival to SES, Intelsat BRUSSELS (Reuters) -EU antitrust regulators, who are examining European satellite company SES’s $3.1-billion bid for Intelsat, have asked the two companies’ customers whether Elon Musk’s Space X-owned Starlink is a credible rival to them.The responses, due on Monday, will determine whether the European Commis …. Read More >>
Explainer-What has Trump said about cutting drug prices? (Reuters) -U.S. President Donald Trump signed a broad executive order on Monday directing drugmakers to lower the prices of their prescription drugs to align with what other countries pay.White House officials said the government will give drugmakers price targets in the next month, and will take further acti …. Read More >>
Fidelity website outage blocks users from trading rally (Reuters) -Fidelity trading platforms experienced outages just as U.S. stock markets opened for trading on Monday morning, leaving many users of its online, mobile and Active Trader apps unable to execute buy or sell orders.The outage occurred even as major share prices index soared on news of a breakthrough …. Read More >>
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