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Business

Watchdog Finds 9 Large US Banks Actively Engaged in Debanking

Business The Epoch Times -
An OCC review found nine major banks engaged in debanking activities, according to preliminary findings in a report released Dec. 10.

USA Rare Earth Accelerates Plans for Commercial Rare Earth Production

Business The Epoch Times -
USAR says early pilot results prompted faster plans to begin commercial rare-earth mineral production at its Round Top mine in West Texas.
MAGA Business MAGA Business

GE Vernova Moves to Boost Yttrium Stockpiles as China’s Rare Earth Controls Bite

Business The Epoch Times -
GE Vernova is partnering with the U.S. government to strengthen domestic yttrium reserves amid global shortages tied to China’s export restrictions.

Netflix to Acquire Warner Bros. Entertainment Assets in $72 Billion Deal

Business The Epoch Times -
Netflix will acquire Warner Bros. Discovery’s streaming and entertainment assets, ending a competitive bidding process between major media companies.

EU Slaps Elon Musk’s X With $140 Million Fine Over Content Rules

Business The Epoch Times -
The EU fined Elon Musk’s X platform €120 million after a two-year Digital Services Act investigation announced on Dec. 5.

Amazon Tests ‘Ultra-Fast’ Delivery Service in Seattle, Philadelphia

Business The Epoch Times -
Amazon tests ‘Ultra-Fast’ delivery service in Seattle and Philadelphia, delivering groceries and essential household items in 30 minutes or less.

Silver Hits New Record High, Gold Edges Up

Business The Epoch Times -
Spot silver prices hit a new record high in early-morning trade on Dec. 1, while gold also rose amid the possibility of interest rate cuts in December.

Despite Record Nvidia Earnings, Stock Analysts Urge Caution on the ‘AI Trade’

Business The Epoch Times -
Investors saw Nvidia’s record earnings as proof the AI boom is real, yet some insiders still chose to sell shares despite the upbeat outlook.
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Appeals Court Halts Boasberg’s Contempt Proceedings Over Deportations

A federal appeals court halted Judge Boasberg probe into claims the Trump admin defied his blocks on deporting suspected Venezuelan gang members.

2.5 Million Illegal Immigrants Deported Under Trump Admin: DHS

More than 2.5 million illegal immigrants have left the U.S. under the Trump administration, a “record-breaking achievement” in a year, the DHS said.

Americans Could See up to $2,000 Tax Refunds Next Year, Says Treasury Secretary

Treasury Sec. Scott Bessent says working Americans will receive “very large refunds” next year as new tax cuts from the One Big Beautiful Bill Act take effect.

Federal Judge Orders Release of 2019 Jeffrey Epstein Grand Jury Records

Federal judge in New York orders release of grand jury materials from 2019 investigation of deceased sex offender Jeffrey Epstein.

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