The director of the Federal Housing Finance Agency (FHFA), Bill Pulte, has used his post to investigate and target Trump’s political enemies, including Sen. Adam Schiff and New York Attorney General Letitia James. Pulte, a former private equity CEO, has become one of Trump’s unlikely allies in attacking opponents. The FHFA was established after the … Read more
US-based financial institutions Pinnacle and Synovus have agreed to merge in a deal worth approximately $8.6 billion. The proposed merger aims to create a regional bank with operations spanning across the southeastern United States. However, investors have expressed concerns about the move, citing potential regulatory challenges and decreased competition. Source: https://www.barrons.com/articles/synovus-pinnacle-stock-regional-bank-deal-merger-0e67a1e6
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Nevada, the nation’s solar capital, is facing significant challenges as a result of President Donald Trump’s recent bill repeal. The “Big Beautiful Bill Act” repeals nearly all clean energy tax credits enacted under former President Joe Biden, including those for utility-scale and residential solar construction. The consequences of this move are far-reaching. Nevada’s solar industry, … Read more
Tesla’s second-quarter earnings report was met with a pummeling on Wall Street Thursday morning due to declining sales and shrinking profits. However, during the company’s call with analysts, CEO Elon Musk refused to discuss these issues, instead focusing on Tesla’s future plans as an AI and robotics company. Musk touted his vision of Tesla becoming … Read more
Access to the website has been denied due to concerns about automated tool usage. This issue may arise if Javascript is disabled or blocked by an ad blocker extension, or if cookies are not supported by the browser. To resolve the problem, ensure thatJavascript and cookies are enabled on your browser and that any extensions … Read more
Samsung has fixed a loophole that allowed developers to access internal test servers used to seed software updates for its devices. This means that early builds of One UI 8.5, which were previously leaked, cannot be accessed anymore. The leak was discovered a few months ago when a developer found a way to locate and … Read more
The 2025 MLB trade deadline is approaching, and teams are making moves to strengthen their rosters before Thursday’s 6 p.m. ET deadline. Fantasy baseball enthusiasts will be watching closely as these deals impact player performance. Recent trades include Ryan McMahon going from the Rockies to the Yankees. While McMahon may benefit from joining a pennant … Read more
US President Donald Trump’s reciprocal tariffs are set to take effect on August 1, just as American families begin back-to-school shopping. The tariffs could lead to a significant increase in the cost of consumer goods imported from other countries. According to the Yale Budget Lab, households can expect to pay an average of $2,700 more … Read more
Astronomers have discovered an extraordinary infrared photo of two dying stars, named Apep, which has been awaited for five long years. The image shows a huge spiral of dust surrounding the stars, resembling a snake eating its own tail. Apep is one of the most massive star systems in the universe, featuring two Wolf-Rayet stars … Read more