Market analysts are closely watching a crucial support level for the S&P 500 that could significantly influence market performance in 2025. Strategists suggest that holding this level is […]
Real Estate
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Rocket Mortgage Acquiring Mr. Cooper in a $9.4 Billion All-Stock Deal
Rocket Mortgage is acquiring Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion. This acquisition follows Rocket’s recent purchase of real estate listing company Redfin. […]
Economy
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Goldman Sachs Revises Fed Rate Cut Stance, Sees Higher Recession Risks
Goldman Sachs has revised its forecast for the U.S. Federal Reserve, predicting three quarter-point interest rate cuts this year due to heightened recession risks amid tariff uncertainties. The […]
Markets
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Asian Stock Markets Tumble Amid US Tariff Concerns
Stock markets across Asia experienced significant declines as concerns over new tariffs imposed by the United States weighed heavily on investor confidence. Japan’s Nikkei index plummeted over 3% […]
Markets
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Wall Street Firms Adjust S&P 500 Targets Amid Stagflation Concerns
Several Wall Street firms, including Goldman Sachs, UBS, and Barclays, have adjusted their S&P 500 targets amid growing concerns about stagflation and an increased risk of recession. Goldman […]
Technology
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Protests Against Elon Musk’s Role in Trump Administration Target Tesla Showrooms
Protesters opposing billionaire Elon Musk’s influence in the U.S. government under President Donald Trump demonstrated outside Tesla dealerships across the U.S. and in some European cities on Saturday. […]
Technology
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French Antitrust Regulator Fines Apple €150 Million Over Privacy Tool
The French competition authority has fined Apple €150 million over its App Tracking Transparency (ATT) tool, marking the first such penalty by any antitrust regulator against the tech […]
Technology
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Hyundai Begins Production of its First-Ever Three-Row Electric Vehicle at New Georgia Plant
Hyundai has commenced production of its first-ever three-row electric vehicle at the newly opened Hyundai Motor Group Metaplant America (HMGMA) in Ellabell, Georgia. The Bryan County facility, which […]
Technology
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Huawei Reports Near-Record Revenue in 2024 Amid China Smartphone Revival
Huawei reported a substantial increase in revenue for 2024, driven by growth in its core telecommunications and consumer businesses. The company’s revenue reached 862.1 billion Chinese yuan ($118.2 […]
Uncategorized
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Primark CEO Resigns Amid Behavioral Complaints
The CEO of Primark, a prominent fast-fashion brand, has resigned following allegations of inappropriate behavior in a social setting. This decision comes after an internal investigation into the […]