Pentagon Hiring Top Bankers for 'Economic Defense Unit'
The Pentagon is building a new team of investment bankers steeped in private equity to invest $200 billion over three years in defense deals, Semafor reported Wednesday, citing a document it had reviewed.
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17 States Sue Trump Admin Over College Race Data
A coalition of 17 Democratic state attorneys general filed a lawsuit Wednesday challenging a Trump administration policy that requires higher education institutions to collect data showing they aren't considering race in admissions.
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US February Budget Deficit Flat at $308 Billion
The U.S. budget deficit for February was nearly flat with a year earlier at $308 billion as growth in receipts and outlays were largely even, with receipts from President Donald Trump's tariffs not yet reflecting the U.S. Supreme Court's ruling against many of his duties...
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U.S. deficit tops $1 trillion through February but runs below year-ago pace
For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.
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Trump in G7 Call After IEA Oil Stocks Decision: 'We Are Having a Tremendous Impact'
President Donald Trump praised the "tremendous impact" of decisions being made on Wednesday as leaders of the Group of Seven Nations met to discuss war in Iran and its economic consequences, according to a short videoclip shared by the French presidency.
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Senate Advances Housing Bill as GOP Pushback Emerges
The Senate on Tuesday cleared a key procedural hurdle for legislation aimed at making homeownership more affordable, though the measure still faces resistance from some Republicans.
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