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Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns | Fortune
Budget hawks in Washington have their eyes trained on April 3, when the White House is scheduled to release its fiscal year 2027 budget request, centering on a significant “historic” defense spending increase to $1.5 trillion. The national debt...
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Trump administration announces new tariffs on pharmaceuticals
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump has announced plans to impose tariffs of up to 100 per cent on drugs as the president...
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Meet China’s AI-powered recycling robot that sorts 220 pounds of clothes in 2 to 3 minutes | Fortune
In an industrial park in Zhangjiagang, a small city on China’s east coast, a large humming and hissing machine feeds on piles of used clothes and sorts them.The novelty? It uses artificial intelligence to sort them by composition at...
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SpaceX and OpenAI IPOs are unlikely to bring skyrocketing returns that Amazon and Apple did, as companies go public later in life and early...
Elon Musk’s SpaceX is expected to soon become a public company in what may be the biggest initial public offering in history. But my new research suggests that investors who buy shares of the company...
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Getting $750 a month didn’t end homelessness – but our study shows it still improved the lives of homeless people
Can giving homeless people US$750 a month to use any way they choose help them move into long-term housing?I am the director of the University of Southern California Homelessness Policy Research Institute. My research...
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An all too special relationship
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe US-UK “special relationship” is usually dismissed as a figment of British imagination. The joke goes that the relationship...
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Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns | Fortune
From the mid-2000s through the late 2010s, San Francisco was a magnet for young graduates driven largely by Web 2.0 and the mobile tech boom. It was a cool city that boasted high-paying jobs and promised a breezy West...
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World’s top energy traders wrongfooted in early days of Iran war
Stay informed with free updatesSimply sign up to the Oil myFT Digest -- delivered directly to your inbox.The world’s biggest energy traders struggled to capitalise on the market turbulence in the early days of the Iran war, as they...
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The SpaceX IPO is great — but it won’t deliver 100x returns | Fortune
With SpaceX filing for an initial public offering, the tone in markets is unmistakably bullish. Analysts are already calling it “one of the year’s most-anticipated market debuts” and “one of the largest IPOs ever.”Unlike the outdated IPO framework of...
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SpaceX filing kicks off largest IPO process in history
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk’s rocket company SpaceX has confidentially filed to go public, firing the starting gun on what is expected to be...
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US airman injured but safe after rescue inside Iran, Trump says
The recovery of the airman follows separate search efforts by both the US and Iran.
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