United States · Business
Same event, multiple sources, transparently cited.
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US Strategic Petroleum Reserve Drops to Lowest Since 1983 Amid Large Oil Releases
The US Strategic Petroleum Reserve fell to about 340.3 million barrels by mid-June 2026, its lowest level since 1983, after major planned releases.
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US Gasoline Prices Dip Below $4 a Gallon for First Time Since April Amid US-Iran Deal
US average retail gasoline prices fell below $4 a gallon on June 14 amid optimism over a US-Iran peace agreement reopening the Strait of Hormuz.
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Salesforce to buy AI customer service firm Fin for $3.6 billion
Salesforce signed a deal to acquire AI customer service platform Fin for $3.6 billion, expanding its autonomous AI agent offerings.
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Fox Corporation to acquire Roku for $22 billion in streaming deal
Fox Corporation announced it will buy Roku in a $22 billion cash-and-stock deal valued at $160 per share.
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US Economy Grows Steadily at 2% Despite Global Shocks and Rising Inflation
The US economy expanded at an annualized 2% rate in May 2026, with strong job gains and capital investment despite trade tensions and global conflicts.
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SpaceX raises $75 billion in largest IPO, Elon Musk forecasts $1 trillion revenue by 2030
SpaceX conducted the largest IPO in history on June 12, raising $75 billion and Elon Musk projected $1 trillion revenue by 2030.
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High Power Costs in Nagpur Limit Cooling Use During Extreme Summer Heat
Residents in Nagpur struggle to afford electricity amid soaring power costs despite grid upgrades ahead of peak summer heat.
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SoftBank’s $60 Billion Bet on OpenAI Spurs Internal and Market Worries
SoftBank has invested more than $60 billion in OpenAI since last year but faces internal and market concerns over its concentrated AI wager.
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Woodside CEO warns Iran war’s impact on LNG supply will last longer than expected
Woodside CEO Liz Westcott said markets underestimate how long the Iran war will affect global LNG supply.
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Itochu subsidiary to take over AirLife’s Japan sales and logistics operations
Itochu’s Century Medical will manage sales, delivery, and inventory of SunMed products in Japan from early July 2026.
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Morgan Stanley Japan CEO says BoJ rate hike key to yen strengthening to 140 vs dollar
Alberto Tamura, CEO of Morgan Stanley Japan, says a Bank of Japan rate hike in June is essential for yen strength against the dollar.
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25 states sue Trump administration over federal student loan caps, citing nursing shortage
A coalition of 25 states and DC sued the Trump administration over new federal student loan borrowing limits, arguing they worsen healthcare shortages.
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Fund Managers Raise Alarm Over AI Data Center Borrowing as Top Credit Risk
A Bank of America survey finds 34% of global fund managers now see AI hyperscaler spending as leading systemic credit threat.
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Minnesota bans prediction markets, CFTC files suit to block enforcement
Minnesota passed a law banning prediction markets, and the CFTC sued to stop its enforcement.
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New York hotel workers union and hotel association agree on eight-year contract to avoid strike
New York hotel workers union and hotel association reached an eight-year labor deal covering up to 27,000 workers before the 2026 FIFA World Cup.
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Home Depot misses same-store sales forecast as housing demand slows
Home Depot's same-store sales rose 0.6% in Q1, falling short of expectations amid slow housing demand and high borrowing costs.
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Radar startup valued over $1 billion after $170M Series B funding round
Radar, a retail loss prevention and inventory management startup, raised $170 million in May 2026, reaching unicorn status.
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Anthropic Tops 2026 CNBC Disruptor 50 List, Surpassing OpenAI
Anthropic ranked No. 1 on the 2026 CNBC Disruptor 50 list, leading private startups in valuation and growth amid AI sector dominance.
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Ella Langley Wins Seven ACM Awards and Tops Billboard Charts with 'Choosin' Texas'
Ella Langley won seven ACM Awards and dominated multiple Billboard charts with her hit 'Choosin' Texas' in May 2026.
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US Consumer Sentiment Rises to 48.9 in June Amid Lower Gas Prices but Stays Low
The University of Michigan reported the consumer sentiment index rose to 48.9 in June 2026, up from 44.8 in May, driven by falling gasoline prices.
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US Appeals Court Allows Enforcement of Trump’s 10% Global Tariffs During Legal Challenges
A US federal appeals court ruled June 12 that the government can continue collecting 10% global tariffs imposed by Trump despite ongoing lawsuits.
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US DOJ Approves Paramount Skydance's $111 Billion Warner Bros Discovery Acquisition
The US Department of Justice approved Paramount Skydance's $111 billion acquisition of Warner Bros Discovery after an eight-month review.
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SpaceX completes record $75 billion IPO, hints at potential Tesla merger
SpaceX raised $75 billion in its June 12 IPO, gaining $1.75 trillion valuation and suggesting a possible future merger with Tesla.
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Infineon to open €5 billion semiconductor fab in Dresden backed by €1 billion EU subsidy
Infineon Technologies will open a €5 billion semiconductor factory in Dresden on July 2, supported by about €1 billion in EU Chips Act subsidies.