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Day: May 28, 2025

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Musk-Backed Cuts Hit Washington

May 28, 2025

Welcome to today’s edition of Investing Wealth Daily — where market headlines meet investor-ready insights. RTX CEO Says Strike Will Hit Q2 Cash Flow Pratt

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Musk criticizes Trump tax bill: can’t be both big and beautiful

Musk criticizes Trump tax bill: can’t be both big and beautiful

May 28, 2025

WASHINGTON (Reuters) -Billionaire Elon Musk has criticized President Donald Trump’s “big, beautiful” tax and spending bill, saying it detracts from his efforts to shrink the

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White House to send Congress small package of DOGE spending cuts

White House to send Congress small package of DOGE spending cuts

May 28, 2025

By Nandita Bose, Bo Erickson WASHINGTON (Reuters) -The White House intends to send Congress a small package as early as next week to formalize cuts

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Chevron investors reject stockholder proposals on human rights, renewable energy
Business

Chevron investors reject stockholder proposals on human rights, renewable energy

May 28, 2025

HOUSTON (Reuters) – Chevron shareholders voted against three stockholder proposals that included a call to commission a third-party report on the company’s human rights practices,

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RTX CEO says Pratt & Whitney strike will weigh on second-quarter cash flow
Business

RTX CEO says Pratt & Whitney strike will weigh on second-quarter cash flow

May 28, 2025

(Reuters) -The weeks’ long strike by 3,000 U.S. Pratt & Whitney engine workers will constrain cash flow during the second quarter, but the aerospace and

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