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Evening digest: markets react to Trump spending cut, Musk SEC showdown, Nvidia slump

Invezz Friday, 29 August 2025 ()
Tech and finance headlines shook markets on Friday as Trump sparked controversy by cutting $4.9B in spending without Congress’s approval, while Elon Musk battles the SEC again over Twitter stock disclosure delays. The day started with July inflation numbers, which hit a five-month high at 2.9%, complicating the Fed’s September rate cut plans, and Markets […]
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