a group of unions in the United States has applied for a temporary injunction to prevent the US Department of the Treasury from providing personal and financial data of US citizens to the government efficiency enforcement team (DOGE) related to Elon Musk. The application also requests that the court order the Department of the Treasury and its responsible person, Scott Bessent, to retrieve and protect all information already provided to the DOGE team.
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A coalition of US labor unions asked the court to block the Treasury Department from providing data to Musk's DOGE
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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.
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The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.
yield on the US 10-year Treasury rose 2 basis points to 4.12%, reaching a new high since November 2020. -
Social media platform "X" has been fined €120 million by the European Union for violating content regulations.
social media platform "X" was fined 120 million euros by the European Union for violating content regulations. The European Commission stated that X violated three provisions of the Digital Services Act and gave X 60 days to provide a solution and 90 days to implement it. (Jin10) -
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