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Judge orders Donald Trump to testify in New York Investigation

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Former US President Donald Trump and members of his immediate family have been ordered to answer questions under oath in a New York investigation into their business practices

Donald Trump, the former President of the United States as well as two of his children, Ivanka and Donald Trump Jnr have been ordered to answer questions under oath in an investigation into the Trump business practices, currently under a probe in New York.

New York’s attorney general claims that the Trump Organisation has obtained tax breaks and loans through “fraudulent or misleading asset valuations”.

Donald Trump has been ordered to sit for sworn testimony within 21 days.

He denies the accusations, and is expected to appeal the decision.

He could also invoke his right to remain silent in any deposition.

The Trump Organisation has since responded in a statement, which reads that “The entire system is corrupt.”

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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