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The Canadian PressTrump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks
WASHINGTON (AP) — Former President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company's stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social. That brings his total ownership to more than 114 million shares, which based on Wednesday's closing stock price, are worth about $5.2 billion. For now, the val
The Canadian PressFederal Reserve says interest rates will stay at two-decade high until inflation further cools
WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of roughly 5.3%. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fe
Idaho StatesmanHundreds of wild horses faced eviction from national park — then people fought back
About 200 horses from a historically significant herd have long called the North Dakota national park home.