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Trump aims at ‘wasteful’ spending by ordering end to penny production newsthirst.

U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025.  Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States…

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Investors appear less enthusiastic over Trump and AI newsthirst.

The ArcelorMittal steel production plant in Ghent, Belgium, on July 27, 2024.  Jonathan Raa | Nurphoto | Getty Images The excitement over artificial intelligence and U.S. President Donald Trump’s perceived friendliness to the stock market buoyed investor sentiment as recently as December. In 2025, it seems those animal spirits have somewhat evaporated. Any time Trump…

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Judge pauses Trump plan to send thousands of staff at agency on leave newsthirst.

Getty Images A federal court is issuing a “very limited” temporary order to halt President Donald Trump’s plan to gut the United States Agency for International Development (USAID). The judge issued a restraining order that would block 2,200 employees from being put on administrative leave as was scheduled by midnight Friday. USAID employs about 10,000…

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