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Greg Abbott Deploys State Troopers As Dozens Of Texas Democrats Flee To Stall GOP-Favored Maps
Texas Gov. Abbott ordered arrest of Democrat House members who fled to block a map favoring Republicans. The standoff echoes quorum breaks in 2003 and 2021. read more
Elon Musk’s $29 Billion Pay Package Solidifies Tesla CEO Role ‘Till 2030,’ Says Dan Ives—Gary Black Calls It Favorable For TSLA Stock
Tesla’s $29 billion pay package for Elon Musk receives positive reactions from analysts as new package aligns with shareholders’ view. read more
FDA Sounds Alarm On Nationwide Butter Recall: Upgrades Risk Over Allergen Warning
FDA raises concerns over nationwide butter recall due to undeclared allergen. 64,800 lbs of NH European Style Butter Blend affected. Class II recall. Milk allergen not listed on label. FDA to expand surprise inspections at foreign food and drug plants. HHS to ban petroleum-based food dyes for health reasons. read more
Ray Dalio, David Sacks Say They Would Have Fired Labor Bureau Commissioner Trump Removed: Here’s Why
Billionaire investor Ray Dalio has weighed in on President Donald Trump’s decision to dismiss Bureau of Labor Statistics (BLS) Commissioner Erika McEntarfer, following last week’s sharp downward revision to U.S. jobs data. read more
Trump Says India Selling Russian Oil For ‘Big Profits’ In Open Markets, Threatens To ‘Substantially’ Raise Tariff
President Donald Trump renewed threats on Monday to impose substantial tariffs on India over its continued purchases of Russian oil. read more
Nvidia Is Producing ‘Unprecedented Wealth’ For Its Employees, Nearly 80% Are Already Millionaires: Report
Nvidia’s AI-fueled stock surge has minted millionaires across its workforce, with 80% of employees now worth over $1 million and half exceeding $25 million, according to a new report. read more
Palantir Fever Is Running High Today; Meanwhile, This Peter Thiel-Backed Crypto Exchange Aims For $4.3 Billion IPO
Cryptocurrency exchange Bullish is targeting a valuation of up to $4.23 billion in its upcoming initial public offering in the U.S., the company disclosed on Monday, August 4. read more
Trump’s $200 Million White House Ballroom Addition Plan See Experts Cry Out For More Guardrails: ‘There Aren’t Any Checks And Balances’
Experts warn Trump’s plan to add a $200 million ballroom to the White House risks sacrificing history for haste. Funding and oversight are also concerns. read more
Bitcoin Trades Flat; Ethereum, Dogecoin Spike: Market Looking ‘Absolutely Magnificent’ For Crypto Bull Run, Says Analyst
Bitcoin was steady, but Ethereum surged on Monday as companies aggressively bought the second-largest cryptocurrency for their reserves. read more
Under AMD, Qualcomm Competitive Heat, Intel Gets Hit With Fitch Credit Downgrade
Fitch downgraded Intel’s credit rating to BBB with a negative outlook, citing weak demand, fierce competition from AMD and Qualcomm, and ongoing financial and operational challenges despite a recent revenue beat. read more