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Gold prices experienced a decline on Monday as positive signals emerged from U.S.-China trade discussions, diminishing investor apprehension and consequently reducing the appeal of gold as a safe-haven asset. The U.S. and China indicated progress in trade negotiations, potentially leading to a reduction in the U.S. trade deficit and the establishment of a new economic dialogue forum.
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News and Media
The Trump administration has terminated Shira Perlmutter, the nation's top copyright official, shortly after dismissing Librarian of Congress Carla Hayden. Perlmutter's office recently released a report examining AI's use of copyrighted materials, emphasizing the importance of human creativity in copyright protection. Democrats have criticized Perlmutter's firing as an unprecedented power grab.
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News and Media
Donald Trump announced he will sign an executive order aiming to lower drug costs by tying Medicare prices for certain medications administered in doctor's offices to the lowest prices paid by other countries. This "most favored nation" policy, targeting drugs covered under Medicare Part B, seeks to address the disparity in U.S. drug prices compared to other nations.
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News and Media
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