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Elon Musk’s official role within the United States government is coming to an end. The billionaire Tesla CEO announced his White House departure in an X post on Wednesday night, thanking President Donald Trump for the opportunity to “reduce wasteful spending” by leading the Department of Government Efficiency (DOGE). “The …

SYDNEY — Asian shares and Wall Street futures jumped in Asia on Thursday after a U.S. federal court blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, sending the dollar up on safe haven currencies. The little-known Manhattan-based Court of International Trade ruled that Trump overstepped his authority …

Morning Business Outlook: Parent company L Brands is close to a deal to sell control of Victoria’s Secret to a private equity firm in a transaction that values the lingerie brand at $1.1 billion. Victoria’s Secret’s website went dark on Wednesday after a “security incident” prompted the company to completely …