Press review · Wednesday, 6 August 2025
06 August 2025
3,129 articles: 08 May 2025 – 27 October 2026
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houstonpublicmedia.org
Eli Lilly announces weight-loss drug to be manufactured at $6.5 billion site in Houston | Houston Public Media
The multibillion-dollar investment will result in more than 600 permanent jobs, according to the company. The manufacturing hub is slated to be built at Generation Park near Lake Houston and will produce a new weight-loss drug.
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aljazeera.com
Trump administration rehires laid-off employees after cost-cutting blitz
Hundreds of US employees fired on Elon Musk’s watch are being asked to return to work, internal memo shows.
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nbcnews.com
Jimmy Kimmel's show is returning to ABC on Tuesday, but not all stations will air it
The network pulled the show after the Federal Communications Commission chair threatened regulatory action after the host's comments about Charlie Kirk's death.
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freep.com
Car buyers clamor for EVs as the clock ticks down to get the federal tax credit
On Sept. 30, the chance to save up to $7,500 on a new EV and $4,000 on a used EV will expire. As a result, EV demand is spiking.
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abcnews.go.com
Fed Chair Powell says rising inflation and slow hiring pose 'challenging situation'
The remarks came less than a week after the Fed cut interest rates.
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dallasnews.com
‘Absolute panic’: New $100,000 H-1B visa fee expected to hit North Texas hard
A new $100,000 fee on temporary visas for skilled foreign workers imposed by President Donald Trump could have a serious impact on North Texas’ economy,...
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Trump proposes new H-1B visa process prioritising highly skilled workers
The new plan follows a proclamation on Friday requiring a $100,000 fee for new H-1B applications.
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lemonde.fr
'Donald Trump just saved Javier Milei'
COLUMN. The US announced it is ready to provide dollar liquidity to Argentina, halting the beginnings of a financial panic. This alliance between radical right-wing leaders is a far cry from free-market doctrine, observes Le Monde's Eric Albert in his column.
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gamedeveloper.com
Void Interactive worker axed for Charlie Kirk remarks
The studio said the statements made on Discord do not 'reflect our values or represent our company.'
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ProbablyMonsters worker fired for Charlie Kirk comments
The U.S. studio said an unnamed worker was ousted because their comments violated its social media policy.
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Trump's Federal Reserve appointee seeks steeper rate cuts
President Donald Trump’s appointee to the Federal Reserve’s Board of Governors said Monday that the central bank’s key interest rate should be much lower than its current 4.1% level, staking out a position far different than his colleagues
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US pledges to do ‘what is needed’ to support Argentina’s economy
Treasury secretary says US considering measures to stabilise Latin American country amid asset selloff.
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nbcnews.com
Chipmaker Nvidia to invest up to $100 billion in OpenAI
OpenAI CEO Sam Altman said the investment represents a bet that the current capacities of its AI products — and the financial returns to them — can be significantly improved.
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theguardian.com
Trump’s $100,000 H-1B visa fee could hurt US growth, economists warn
Move is a blow to big tech companies, which rely heavily on visas to hire staff from overseas, particularly India
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sherwood.news
Snap surges after positive chatter on Reddit’s r/WallStreetBets as users hope for potential acquisition
Snap is the most mentioned, and most positively mentioned, ticker on the r/WallStreetBets subreddit over the past 12 hours....
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usatoday.com
What jobs will AI replace, and which are safe?
Explore which jobs experts say are at risk of being replaced by AI and automation — and which careers remain safe.
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nypost.com
Trump’s TikTok deal is a ticking time bomb waiting to happen
President Trump on Friday touted his TikTok deal with China’s leader Xi Jinping as yet another example of his business savvy working wonders for the American people.
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Wealth tax would be deadly for French economy, says Europe’s richest man
LVMH owner Bernard Arnault, who could take €1bn hit, says proposed 2% levy ‘aims to destroy liberal economy’
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The American dream now costs $5 million. Here's a breakdown.
Inflation has darkened the American dream, Investopedia reports: Those lofty aspirations will now cost $5 million over a lifetime.
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New Fed Governor Miran dismisses as 'silly' the notion that Trump influences his decisions
New Fed Governor Stephen Miran defended his call for more aggressive rate cuts during an interview with CNBC.
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pymnts.com
Consumer Spending Growth Slows to 4-Year Low | PYMNTS.com
Every four months, the Federal Reserve releases its survey of household spending, offering a snapshot into where household budgets have been allocated and
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timesofindia.indiatimes.com
'Humanitarian consequences': India reacts to US H-1B visa fee hike; maps way forward - The Times of India
India Business News: The Indian government has voiced concerns over the US decision to increase H-1B visa fees to $100,000 annually, foreseeing potential disruptions for I
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bostonglobe.com
Feds question Harvard’s financial strength, limit access to federal student aid funds - The Boston Globe
Harvard will have to use its own money to pay out students' federal financial aid, officials said.
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Kennedy’s advisory panel recommends new restrictions on MMRV vaccines - The Boston Globe
Kennedy’s advisory panel recommends new restrictions on MMRV vaccines
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Northrop Grumman cargo ship reaches International Space Station after engine issue
A supply ship has arrived at the International Space Station after a day's delay due to a premature engine shutdown
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nbcnews.com
FTC sues Ticketmaster, Live Nation over alleged illegal ticket resale tactics and deceptive pricing
Scrutiny of the companies reignited in 2022 after sales to Taylor Swift’s “Eras” Tour crashed its site, raising questions about coordinated-buying practices on its platform.
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kiplinger.com
Amex Platinum Just Got More Expensive: $895 Fee and $3,500 in Perks Explained
American Express raises the Platinum Card’s annual fee to $895 and expands its perks. We break down the changes so you don’t have to.
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Live Nation and Ticketmaster accused of allowing ticket brokers to rake in millions from resales
FTC and seven states file lawsuit claiming resellers’ violations of ticket purchasing limits were ignored
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If Supreme Court rules against Trump tariffs, here's what you can expect
President Donald Trump has said the United States will face an \
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Cracker Barrel stock drops, chain expects restaurant traffic to fall after logo backlash
Cracker Barrel said it expects further traffic declines for the remainder of 2025 following it's failed attempt at a logo redesign.
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Will mortgage rates drop further after the Fed’s rate cut? Not necessarily. - The Boston Globe
The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates will keep dropping.
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Labor statistics chief fired by Trump sounds alarm over White House’s ‘dangerous’ interference
Erika McEntarfer says Americans should be concerned about independence of key economic institutions
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‘Peace, justice, and human rights’: Jerry quits Ben & Jerry’s, saying its independence on social issues has been stifled - The Boston Globe
In a letter posted by co-founder Ben Cohen, Jerry Greenfield said he felt the brand's independence to speak on social issues was lost to Unilever.
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Jerry quits Ben & Jerry's, saying its independence on social issues has been stifled
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years
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The Fed's interest rate decision and what it means for you: live updates
The Federal Reserve is widely expected to announce its first interest rate cut since December 2024 after its two-day meeting wraps Sept. 17.
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Fed to set interest rates as Trump seeks shakeup of top officials
The central bank hopes to navigate a bout of slow hiring and rising inflation.
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foxbusiness.com
Eli Lilly to invest $5B on Virginia plant amid Trump's pharma tariff threats
Pharmaceutical giant Eli Lilly expanded its Virginia facility investment plans to $5 billion from original $2.1 billion amid the Trump administration tariff threats on drug imports.
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nbcnews.com
Ben & Jerry's co-founder Jerry Greenfield resigns, claiming parent company Unilever 'silenced' its campaigning
Greenfield wrote in an open letter late Tuesday night that he could no longer "in good conscience" remain an employee of the company.
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nbcnews.com
Federal Reserve is poised to cut rates for the first time this year
The central bank faces attacks on its independence and an uncertain economy defined by tariffs and slowing job growth.
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Ben & Jerry’s co-founder quits accusing Unilever of silencing social mission
Jerry Greenfield says he cannot ‘in good conscience’ continue and says company has lost its independence
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pbs.org
WATCH LIVE: Powell holds news conference after Fed's highly anticipated interest rate decision
The Fed on Wednesday is widely expected to cut its key rate by a quarter point to about 4.1%, which would be the first reduction since last December.
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nbcnews.com
Costco recalls bottles of Prosecco it says may shatter even when left on a shelf
The membership store said the bottles of Kirkland Signature Prosecco Valdobbiadene were sold in spring and summer in 12 states.
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theglobeandmail.com
What’s at stake during Trump’s second official visit to the U.K.
President Trump arrives in Britain late Tuesday, where deals worth more than US$10-billion are expected to be announced
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Retail sales jump in August on surprisingly strong back-to-school season
The upbeat report defied projections of a spending slump last month as hiring slowed and inflation picked up.
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independent.co.uk
Stocks end down as Fed policy meeting begins
It follows the release of industrial and retail data in the US.
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Luigi Mangione due in court amid double jeopardy fight in CEO’s killing
Luigi Mangione is due in court as his lawyers push to have his state murder charges thrown out in the killing of UnitedHealthcare CEO Brian Thompson
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TikTok ban in flux as White House announces China-US framework deal
The app would have gone dark if China’s ByteDance had not divested by Wednesday.
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Ford moving its world headquarters for first time in 7 decades
Ford is moving its headquarters for the first time in seven decades
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The Federal Reserve is expected to cut interest rates. How low will it go?
While inflation remains above the Fed's 2% target, economists expect a rate cut this September to address the weakening labor market.
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detroitnews.com
Ford to get new hometown HQ, Glass House to be demolished
The Dearborn automaker on Monday told employees that its new product development center in Dearborn will be the new world headquarters.