World’s 10 richest billionaires add $135 billion in wealth after Trump’s tariff pause; Musk, Zuckerberg see biggest surge

Global billionaires gained $135 billion after Trump announced a 90-day tariff pause for most nations, sparking a historic Wall Street rally. The “Magnificent Seven” stocks surged, boosting top tech leaders’ net worths. However, US-China tensions worsened with mutual tariff hikes and restrictions on American firms.

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Asian stocks tread water at the start of Fed week

Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets

December 8, 2025

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