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fun fact: canceling the inflation report doesn't cancel the #inflation
JUST IN: Oracle's, $ORCL, Larry Ellison called Trump after Netflix, $NFLX, Warner Brothers deal was announced, and said the transaction would hurt competition, per WSJ.
Today, Jared Kushner's private equity firm Affinity Partners announced it is part of Paramount's hostile
Trump: It's a con job. I think affordability is the greatest con job
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Fitch Ratings has said US banks with big crypto exposure face rising risks
PepsiCo, $PEP, plans to cut prices and eliminate 20% of its products, per WSJ
They are contributing to the Trump funds, which will give $1000 to children.
Read more: https://t.co/tIKNvqvSws
fun fact: canceling the inflation report doesn't cancel the #inflation
Trump: "Rich people like deductions, but middle income people were never really afforded deductions, which is very unfair."
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Gavin Newsom: If we don’t democratize our economy and allow for the distribution of wealth, our democracy will die.
A recent survey finds that 64% of Americans making six-figure salaries say that level of income is not a milestone of success — it’s barely enough to stay afloat.
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U.S. manufacturing activity has contracted for 9 straight months, per Reuters
A US federal judge has ruled that the Trump administration’s ban on wind energy products is illegal
Paramount is currently in the lead to close the Warner Brothers deal at 42% over Netflix. https://t.co/OaVoaWTrtL
Elon Musk predicts you won’t have to work at all in ‘less than 20 years,' due to AI and robotics.
At close: $AVGO $TSLA $GOOGL
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Gemini is catching up to ChatGPT in downloads, with 100.8 million compared to 67.8 million in November, per FT:
Six figure income earnings are currently engaged in or considering side hustles (61%), selling personal items (53%), skipping meals (41%), renting out all or part of their home (41%), & resorting to debt consolidation or bankruptcy (38%), to stay financially afloat, per FORTUNE
"Private credit hysteria will get very real next year," per Bloomberg.