Darden Restaurants management expressed optimism regarding their expectations for casual dining, which is favorable news for Texas Roadhouse. Although Darden missed on fiscal 2025 third-quarter revenue and same-store […]
Technology
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Three charged in arson attacks at Tesla dealerships, charging stations
U.S. Attorney General Pamela Bondi announced on Thursday that three individuals have been charged in connection with arson incidents at Tesla car dealerships and charging stations. If convicted, […]
Uncategorized
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Nike Warns of Potential Sales Decline Amid Turnaround Plan and New Tariffs
Nike’s stock experienced a decline in extended trading after the company issued a warning about potential sales impacts due to its turnaround strategy and new tariffs. CFO Matt […]
Economy
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Jerome Powell insists pain from tariffs will be ‘transitory’
Federal Reserve Chair Jerome Powell reiterated his stance that the economic pain caused by tariffs would be ‘transitory.’ In a recent statement, Powell mentioned that the projected impact […]
NewsLetter
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Disney Shareholders Reject Proposal to End LGBTQ Rights Group Participation
Disney shareholders overwhelmingly rejected a proposal to cease participation in the Human Rights Campaign’s Corporate Equality Index (CEI), which evaluates corporate policies related to LGBTQIA+ workplace equality. The […]
NewsLetter
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Preliminary report offers moment-to-moment account of February’s Delta crash in Toronto
The preliminary report from the Canadian Transportation Safety Board details the sequence of events during the Delta crash in Toronto in February. The enhanced ground proximity warning system […]
Economy
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FedEx Warns of U.S. Economic Challenges Amid Revenue Forecast Cut
FedEx has become the latest company to issue a warning regarding the U.S. economy. The company has cut its full-year revenue forecast due to challenges in replacing a […]
Markets
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The ‘death cross’ emerges for Nvidia’s stock and the Russell 2000
A bearish “death cross” pattern has emerged in the charts of both the Russell 2000 and Nvidia’s stock. This is the first time in 17 months for the […]
Economy
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How Would The Federal Reserve Fight ‘Stagflation?’
The Federal Reserve has established strategies for combating inflation and stimulating the economy during periods of rising unemployment. However, what would the central bank do if stagnant growth […]
Uncategorized
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Tesla Recalls Over 46,000 Cybertrucks Due to Detaching Trim Panel
Tesla has initiated its largest ever recall of the Cybertruck model in the US due to concerns about a part of the electric car’s trim potentially falling off. […]