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In Oval Office Address, Biden Says U.S. Averted ‘Economic Collapse’ With Debt Ceiling Deal

TIME…

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The CEO of software giant Intuit, which has avoided mass layoffs, says tech firms axed jobs because they misread the pandemic

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Now that DeSantis has made attacking ‘woke’ his signature move, Trump says he doesn’t like the word because ‘half the people’ who use it ‘can’t even define it’

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Russian missiles and drones had a 90% failure rate in May and that cost the Kremlin $1.7 billion, Ukraine says

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White House Says Claim Tara Reade’s Life Was at Risk by US Government ‘Absolutely False’

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Democratic Sen. Joe Manchin says he will vote with Republicans to overturn Biden’s student-debt relief plans, saying it ‘forces hard-working taxpayers who already paid off their loans’ to ‘shoulder the cost’

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A day in the life of a millennial freelancer who says the UK’s corporate drinking culture pushed her to work for herself and prioritize work-life balance

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Noncompete clauses ‘chill’ worker rights and are usually illegal, NLRB lawyer says

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A Republican congressman says DeSantis threatened to primary some House reps if they didn’t endorse him over Trump

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Former Russian commander in Ukraine says Putin could be overthrown by the Wagner mercenary army

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North Korea Says It’s About to Launch Its First Military Satellite. Here’s What We Know So Far

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Ukraine’s defense ministry says its Storm Shadow long-range missiles have hit 100% of their targets

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Dolphin says Nintendo blocked a Steam release of its Wii and GameCube emulator

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Biden Says Debt Deal ‘Very Close’ With Default Deadline Now Set at June 5

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Twitter Withdraws From EU Disinformation Code, Commissioner Says

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Footage appears to show low-flying Russian Su-34s dropping bombs on anti-Putin militias and missing the target, says report

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Prospective international spies are demanding to work from home and bring their cell phones to the office, spy chief says

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The White House does not ‘have a plan B’ if lawmakers fail to raise the debt ceiling — and Biden will not solve the crisis without Congress, the Deputy Treasury Secretary says

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Elon Musk’s Brain Implant Firm Says U.S. Has Approved Human Tests

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Ukrainian women training for war can kill Russians with ‘office supplies,’ resistance group leader says

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Over 20,000 Wagner Fighters Dead in Drawn-Out Battle for Bakhmut, Chief Says

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Sam Bankman-Fried’s trial involves over 6 million pages of evidence including Caroline Ellison’s diary, report says

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Target says it’s axing some Pride month merchandise after its workers faced a deluge of threats and violent confrontations with customers

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Mike Rowe Says the Dirtiest Jobs Are Safe From the AI Revolution: ‘I Haven’t Seen Any Plumbing Robots’

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Elon Musk says he’s an unrelenting optimist. Warren Buffett made a similar point about the Tesla chief’s vision and drive.

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Bitcoin has bottomed and the world’s biggest cryptocurrency is on a new bull run, MicroStrategy’s Michael Saylor says

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The US likely won’t make it to June 15 without defaulting on its debt if lawmakers don’t reach a deal, Treasury Secretary Janet Yellen says

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A man whose Tesla Model Y caught fire on a California highway says customer service asked him to haul the burned husk of his car to their service center

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US stocks trade mixed as jobless claims tick down and Fed’s Logan says data supports more rate hikes

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Elon Musk Says Remote Work Is ‘Morally Wrong,’ Calls It ‘Messed Up’

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Apple Says the Company Prevented Over $2 Billion Potentially Fraudulent App Store Transactions in 2022

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Elon Musk says ‘I am the reason OpenAI exists’ and that he ‘came up with the name.’

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Tesla will ‘try a little advertising,’ Elon Musk says

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With Time Running Out, McCarthy Says Debt Limit Talks Remain ‘Far Apart’ But Deal ‘Possible’

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Elon Musk says growing belligerence between China and the US ‘should be a concern for everyone’

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AOC says Biden choosing to compromise with the GOP on a debt ceiling deal would be ‘profoundly destructive,’ and the White House should ‘expect pushback on nearly any significant concession’

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Rudy Giuliani told an employee not to talk to the FBI and then asked for her help googling obstruction of justice, lawsuit says

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The Mormon church’s investment arm is a ‘clandestine hedge fund’ disguised as a charity, whistleblower says

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Chinese Communist Party Had ‘Supreme Access’ to TikTok Parent Company ByteDance’s Data, Former Executive Says

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Pentagon leak suspect Jack Teixeira was preparing for a violent ‘race war’ against Black and Jewish people, report says

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Dianne Feinstein’s staff makes sure the senator never walks around the Capitol by herself out of concern for what she might say to reporters amid her declining health and old age, report says

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Biden Says Debt Ceiling Talks Are Moving Along—But ‘We’re Not There Yet’

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OnlyFans now has more than 3 million content creators and is a ‘global business’, says the CEO

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Elon Musk Says He’s Stepping Down as Twitter’s CEO

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A Missouri man says American Airlines lost his suitcase and his $26,000 prosthetic leg — but the airline only paid him $600 for his lost clothing

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Wharton Professor Jeremy Siegel says stocks could jump 15% this year as long as the Fed cuts rates quickly

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Ukraine’s special operators have been ‘taking it to the Russians,’ the head of US Special Operations Command says

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Pakistan’s Former Prime Minister Imran Khan Arrested, His Party Says

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Warren Buffett says avoiding mistakes in life is simple: ‘Write your obituary and then try to figure out how to live up to it’

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Goldman Sachs Says AI Could Replace The Equivalent of 300 Million Jobs — Will Your Job Be One of Them? Here’s How to Prepare.

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Nobel economist Paul Krugman says the possibility of a US default is very real, and the debt ceiling should be abolished as it gives extremists an issue to ‘weaponize’

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Elon Musk’s Tesla tunnels are a ‘fake alternative’ to solve traffic but if he made them for subways we’d all be better off, expert says

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Independent Sen. Kyrsten Sinema, who left the Democratic Party last year, says she’s ‘absolutely’ done with parties and won’t join the GOP: ‘You don’t go from one broken party to another’

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Texas congressman says people who think ‘prayers aren’t cutting it’ as a solution to gun violence ‘don’t believe in an almighty god who is absolutely in control of our lives.’ 9 people died in a mass shooting in his district today.

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Biden, while defending a presidential reelection bid in his 80s, says he’s ‘acquired a hell of a lot of wisdom’ and knows ‘more than the vast majority of people’

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Trump says he’s ‘pleased’ to see Vivek Ramaswamy was even with Pence and ahead of Haley in a recent poll

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ChatGPT cost a bomb to make with OpenAI’s losses growing to $540 million last year, report says

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A millennial business owner who says TikTok helped him generate $100,000 in sales last year explains why he’s taking steps to pivot to YouTube as a backup — but avoiding Instagram and Facebook

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Chris Christie says Trump doesn’t want a GOP debate because he’s scared of his opponents: ‘Obviously, he’s afraid’

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Matt Gaetz says AOC is ‘wrong a lot’ but ‘she’s not corrupt’ as the pair joined forces to block Congress from trading stocks

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Stocks and bonds would crash ‘violently’ in a debt crisis – even if the US avoids immediate default, former NY Fed president says

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The Fed pursuing 2% inflation is an ‘absolute trap’ for the economy, 40-year market veteran says

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Samsung bans employees from using AI tools like ChatGPT and Google Bard after an accidental data leak, report says

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First Republic’s rescue by JPMorgan means the worst of the banking uncertainty is over, Citi CEO says

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DC says that ‘if’ Ta-Nehisi Coates’ Superman movie is made, it’s going to be an Elseworlds

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Trans Politician of an Earlier Era Says Montana’s Ban on Gender-Affirming Care Signals ‘We Have Not Come a Long Way’

TIME…

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The US will suffer a recession – and don’t expect the Fed to rescue stocks when that happens, top Macquarie economist says

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Elon Musk says Twitter will soon let publishers charge to read content on a ‘per article basis with one click’

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Jack Dorsey once called Elon Musk the ‘singular solution’ for taking Twitter private. Now, the app’s co-founder says Musk never should have bought it: ‘I think he should have walked away’

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Armed with tanks and heavy armor from NATO, Ukraine says it’s about to hit Russian forces with an ‘iron fist’

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NYC Transit Agency Ends Twitter Alerts, Says Elon Musk’s Platform ‘Is No Longer Reliable’

TIME…

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Mark Zuckerberg says he is absolutely not abandoning the metaverse as company division loses $4 billion

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