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Why Rare Earths Are Critical to EV Motors 🚗

Using exclusive data from our partner, @benchmarkmin, we explore the rare earths needed to produce EV motors.

https://t.co/svjYObn4tO https://t.co/WqZhKEd96x
CHINESE HACKERS PRETENDED TO BE TOP U.S. LAWMAKER DURING TRADE TALKS

As the Trump administration's contentious trade talks with China were set to begin in Sweden last July, staffers on the House committee focused on U.S. competition with China began to get puzzling inquiries, according to people familiar with the matter.
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JAPANESE PRIME MINISTER ISHIBA: I HAVE DECIDED TO RESIGN AS LDP PRESIDENT
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CHINA IS PREPARING TO REOPEN ITS DOMESTIC BOND MARKET TO MAJOR RUSSIAN ENERGY COMPANIES- FT
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TRUMP: HAVE WARNED HAMAS ABOUT CONSEQUENCES OF NOT ACCEPTING DEAL

TRUMP: THIS IS MY LAST WARNING
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TRUMP: I'M NOT HAPPY ON RUSSIA-UKRAINE SITUATION
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TRUMP: EUROPEAN LEADERS ARE COMING INDIVIDUALLY TO OUR COUNTRY ON MONDAY AND TUESDAY
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TRUMP: PLAN TO SPEAK TO PUTIN VERY SOON
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TRUMP: I THINK WE WILL HAVE DEAL ON GAZA VERY SOON
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TRUMP: SURPRISED ON JAPANESE LEADER STEPPING DOWN
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SPACEX AGREES TO BUY WIRELESS AIRWAVES IN $17 BILLION DEAL

SpaceX has agreed to pay up to $17 billion for the rights to use some of EchoStar's valuable spectrum for cellphone service.
EchoStar said Monday that SpaceX agreed to pay $8.5 billion in cash and up to $8.5 billion of its stock for two chunks of valuable wireless spectrum. The rocket and satellite-internet company also agreed to pay about $2 billion of cash toward interest payments on EchoStar debt through November 2027.
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FRENCH 10Y YIELD FALLS 3BPS TO 3.42%, LOWEST SINCE AUG. 22
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NASDAQ: FILING WITH SEC PROPOSAL TO AMEND RULES TO ENABLE TRADING OF SECURITIES LISTED ON NASDAQ IN TRADITIONAL DIGITAL OR TOKENIZED FORM
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COINSHARES TO LIST ON NASDAQ THROUGH $1.2 BILLION SPAC DEAL
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US HOUSING MARKET REACHES RECORD $55.1 TRILLION

The U.S. housing market is worth a record $55.1 trillion, up $20 trillion since 2020. Housing gained $862 billion in the past year.

Seven states saw their housing markets lose value over the past year, with the biggest drops in Florida (-$109 billion), California (-$106 billion) and Texas (-$32 billion). About one-quarter of the gains nationwide came from New York, which added $216 billion.
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JPMORGAN: FED LIKELY TO CUT 25BP, NOT 50BP

JPMorgan’s Fabio Bassi expects the Fed to trim rates by 25bp in September, citing weak payrolls but still-high inflation. He said a 50bp move is unlikely.

Recession risk stands near 40%, though markets see only modest easing for growth risks. Bassi noted political pressure after Governor Cook’s dismissal but said Fed independence remains intact.

If weakness is temporary, he sees a shallow easing path, limited risk-asset pullback, and a stronger dollar.
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CHINA'S XI, AT VIRTUAL BRICS SUMMIT: WE SHOULD UPHOLD MULTILATERALISM - XINHUA
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XI VOWS TO MAINTAIN INTERNATIONAL ECONOMIC, TRADE ORDERS
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TRUMP ADMINISTRATION ASKS SUPREME COURT TO ALLOW IT TO FREEZE BILLIONS IN FOREIGN AID -WASHINGTON POST
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SPOT GOLD HIT $3,630, A NEW RECORD HIGH
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NASDAQ EXTENDS INTRADAY RECORD HIGH, NOW +0.74%
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