U.S. stocks largely shrugged off a heated discussion between President Donald Trump and Ukrainian President Volodymyr Zelensky, where Trump warned of a potential ‘World War III.’ After an […]
Markets
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Stock Market Rally Fades as Economic Concerns Mount
The initial stock market rally following President Trump’s election has faded by late February, with investor concerns growing over the administration’s policies and weaker consumer sentiment. Stocks initially […]
Uncategorized
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Trump’s Tariffs Increase Costs for Oil Companies Despite Promises of Lower Expenses
President Trump’s election promises to ease drilling regulations for oil and gas companies have not materialized as expected. Instead, his tariffs have led to increased costs for essential […]
Economy
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DOGE Seeks to Lay Off Majority of CFPB Staff, Legal Filings Reveal
The Department of Government Efficiency (DOGE) is reportedly planning to lay off the majority of employees at the Consumer Financial Protection Bureau (CFPB), according to sworn declarations by […]
Banks
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‘Alarming’: Trump CFPB Drops Cases Against Companies Accused of Cheating Consumers
Consumer advocates have criticized the Trump administration for dropping enforcement actions against companies accused of fraudulent activities. The Consumer Financial Protection Bureau (CFPB), under temporary leader Russell Vought, […]
Economy
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Trump’s Tariff Threats Could Lead to Economic Slowdown
The so-called ‘Trump bump’ could potentially turn into a ‘Trump slump’ if further tariff threats against China and the EU are carried out. These threats have raised concerns […]
Economy
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Economic Blackout: Assessing the Impact of a 24-Hour Consumer Boycott
A grassroots organization, The People’s Union USA, is urging U.S. residents to abstain from spending money for 24 hours as an act of ‘economic resistance.’ The initiative, termed […]
Banks
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Citi’s $81 Trillion Inputting Error Underscores Ongoing Operational Challenges
Citigroup recently encountered an operational mishap involving an $81 trillion ‘inputting error,’ although no funds were actually transferred out of the bank. This incident follows a series of […]
Markets
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Bitcoin slides more than 5% to lowest since November 11
Bitcoin dropped to a 3-1/2-month low on Friday amid uncertainty about U.S. President Donald Trump’s tariff plans and crypto policies. Bitcoin fell over 5% to $79,666, trading below […]
Real Estate
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GSA prepares to end about 1,000 federal office space leases nationwide
The General Services Administration (GSA) plans to terminate approximately 1,000 federal real estate leases by week’s end, impacting about 13% of its portfolio. These leases, part of over […]