CK Hutchison Holding, a Hong Kong-based conglomerate, has agreed to sell shares of its port operations near the Panama Canal to a consortium led by BlackRock Inc. The […]
Economy
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Target Warns About Consumer Spending Amid Economic Stress
Target has issued a warning about declining consumer confidence, signaling potential stress on the U.S. economy. The company reported a sales decline in February and anticipates only a […]
Markets
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Stock Market News, March 4, 2025: Dow Ends Down 670 Points, S&P 500 Tumbles 1.2%, Nasdaq Edges Lower Amid Tariff Turmoil
The stock market experienced significant declines on Tuesday, with the Dow Jones Industrial Average dropping 670 points. The S&P 500 fell by 1.2%, while the Nasdaq also edged […]
Markets
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Nvidia’s stock is doing things not seen in nearly a decade — and that’s good news
Nvidia’s stock has experienced a notable selloff, with shares dropping 8.7% on Monday and 15% year-to-date. Despite this, Bernstein analyst Stacy Rasgon finds the stock increasingly attractive due […]
Technology
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Uber users in Austin are getting matched with Waymo robotaxis
Uber users in Austin can now choose between Waymo robotaxis and human-driven vehicles as part of a new partnership. The service, launched just before the SXSW conference, allows […]
Economy
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Trump official floats new approach on GDP, as economy poised to slow sharply
The Trump administration is considering a change in how economic growth is measured, amid forecasts of a significant economic slowdown. The Federal Reserve Bank of Atlanta predicted a […]
Economy
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How Trump’s Tariffs Will Impact American Carmakers
In his initial weeks at the White House, Donald Trump has moved to reshape global alliances and trade relationships by imposing tariffs. On March 4th, he announced a […]
Banks
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CFPB Drops Lawsuit Against JPMorgan Chase, Bank of America, and Wells Fargo Over Zelle Fraud
The Consumer Financial Protection Bureau (CFPB) has dismissed its lawsuit against Early Warning Services, the operator of the Zelle payments network, along with JPMorgan Chase, Bank of America, […]
Economy
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After Trump threats, Hong Kong firm to sell stake in Panama Canal ports
A Hong Kong-based company announced it would sell its stake in two Panama Canal ports to a U.S.-led consortium, responding to President Donald Trump’s concerns over Chinese influence […]
Economy
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Nasdaq on course to confirm correction as trade war worries weigh
Wall Street’s main indexes fell on Tuesday, with the tech-heavy Nasdaq on track to confirm a correction as investors feared an escalating trade war between the U.S. and […]