⁠Wall St Engine
S. KOREA'S 🇰🇷 KIM CONCEDES DEFEAT TO LEE JAE-MYUNG IN ELECTION
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⁠Wall St Engine
French search engine Qwant has asked France’s antitrust regulator to take interim action against Microsoft $MSFT, alleging Bing is degrading Qwant’s search quality. The regulator is gathering input from other engines and may decide by September whether to act or open a full investigation. Microsoft says the complaint has no merit and it's cooperating fully.
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⁠Wall St Engine
$DJT | TRUMP TO LAUNCH BRANDED CRYPTO WALLET AND TRADING APPLICATION, ENCOURAGING HIS SUPPORTERS TO PURCHASE HIS MEMECOIN AND OTHER CRYPTO ASSETS - RTRS SOURCES
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⁠Quiver Quantitative
BREAKING: President Trump is reportedly launching a crypto trading app.

His meme coin is already up 3% on the news. https://t.co/fHMwPbGN5K
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⁠Wall St Engine
Fed's Cook sees evidence trade policy is now affecting the economy. Trade policy may make it harder to get inflation lower.
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⁠Wall St Engine
Fed's Goolsbee: We could see a direct tariff effect on prices within a month. We have to wait and see if tariffs have a big or small inflation impact.
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⁠Quiver Quantitative
JUST IN: Marjorie Taylor Greene has said that she did not know that the budget bill would ban AI regulations.

She said she would have voted against it if she had known.

The bill was passed by the House by a single vote.
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⁠Quiver Quantitative
JUST IN: April McClain Delaney has filed three new purchases of Tractor Supply Co Stock, $TSCO.

McClain Delaney sits on the House Committee on Agriculture. https://t.co/sE1wLYCGp1
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⁠Wall St Engine
WH Press Sec. Leavitt on Wednesday trade offer deadline:

I can confirm the letter is authentic. USTR did give trading partners deadline. We wanted to remind countries that the trade deadline soon. We're on track for good deals.

https://t.co/xlmaKcZCMb
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⁠Wall St Engine
Elon musk on Congressional spending bill https://t.co/0gXhFqDdNe
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⁠Quiver Quantitative
BREAKING: Elon Musk just called the GOP budget bill a "disgusting abomination"

He said:

"Shame on those who voted for it: you know you did wrong. You know it."
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⁠Quiver Quantitative
BREAKING: The White House was just told about Elon Musk calling their bill an abomination.

Watch: https://t.co/yoW4CPGNEs
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⁠Wall St Engine
WHITE HOUSE: TRUMP WILL SIGN EO TO DOUBLE STEEL, ALUMINIUM TARIFFS TODAY
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⁠Wall St Engine
WHITE HOUSE: MUSK CRITICISM 'DOESN'T CHANGE' TRUMP'S SUPPORT FOR MEGA-BILL
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⁠Wall St Engine
RT @elonmusk: Congress is making America bankrupt

🇺🇸 USA budget deficit:

2000: $236 billion
2001: $128 billion
2002: $158 billion
2003: $378 billion
2004: $413 billion
2005: $318 billion
2006: $248 billion
2007: $161 billion
2008: $459 billion
2009: $1.41 trillion
2010: $1.29 trillion
2011: $1.30 trillion
2012: $1.07 trillion
2013: $680 billion
2014: $485 billion
2015: $442 billion
2016: $585 billion
2017: $665 billion
2018: $779 billion
2019: $984 billion
2020: $3.13 trillion
2021: $2.77 trillion
2022: $1.38 trillion
2023: $1.70 trillion
2024: $1.83 trillion

Note: A budget deficit occurs when money going out (spending) exceeds money coming in (revenue) during a defined period. In FY 2024, the federal government spent $6.75 trillion and collected $4.92 trillion in revenue, resulting in a deficit. The amount by which spending exceeds revenue, $1.83 trillion in 2024, is referred to as deficit spending. - World of Statistics
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