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Norway’s $2.3T Wealth Fund Cuts US Treasury Holdings by $75B
Norway’s $2.3 trillion sovereign wealth fund proposes cutting US Treasury holdings by $75 billion to diversify into riskier assets and boost returns amid rising US debt concerns.
Tesla Jumps 5.4% as Cybercab Event Draws Wall Street Attention
Tesla stock rose 5.4% to $376.37 on September 3 as the company held an invite-only Cybercab event in Austin showcasing its driverless robotaxi technology. Investors are watching for details on unit economics and deployment timelines.
Interior Dept Threatens to Cut Smithsonian Support Over Ideology Claims
Trump administration threatens to cut federal agencies’ support for the Smithsonian, citing ideological activism and alleged violations of anti-discrimination law in an August 28 letter.
Yen Surges to One-Month High as BOJ Rate Hike Looms
Japanese yen strengthens to 155.28 per dollar as markets bet on BOJ rate hike. Traders weigh intervention risk while 10-year JGB yields hit 30-year high of 3%.
Trump $1 Coins Sell Out Within Hours as US Mint Launches Gold-Colored Commemorative
U.S. Mint launches $1 Trump coins on September 2 for $1.55 to $2.44 each. Coins sold out within hours. First living president on U.S. currency since Calvin Coolidge in 1926.
Dell Philanthropies Begin $250 Grants to 25M Children via Trump Accounts
Michael and Susan Dell begin distributing $250 grants to eligible children’s Trump Accounts as part of a $6.25 billion commitment. Deposits started August 31 for lower-income families.
Supreme Court Allows Trump’s $400M White House Ballroom to Proceed
Supreme Court allows Trump’s $400 million White House ballroom construction to proceed despite lower courts finding no congressional approval. Ruling splits 5-4 with Chief Justice Roberts dissenting.
Trump $1 Coins Sell Out Within Hours of US Mint Launch on September 02
US Mint’s Trump $1 coins sold out hours after launch on September 02. A 25-coin roll costs $61, a 100-coin bag $154.50. First sitting president on US currency in over a century.
8th Pay Commission Raises DA Hopes: Central Staff Await July 2026 Revision
8th Pay Commission consultations continue across India. Central government employees may receive up to ₹14.10 lakh in arrears and a DA hike from 60% to 63% pending July 2026 announcement.