Tesla has initiated a recall for all 46,100 Cybertrucks sold due to an issue with the adhesive used to attach stainless steel panels. The US National Highway Traffic […]
Uncategorized
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Compounding Pharmacies Continue to Offer Zepbound Copycats Despite FDA Ban
This week was supposed to signify the end of compounding pharmacies producing copycat versions of Eli Lilly’s weight-loss drug Zepbound and its diabetes drug Mounjaro. However, online platforms […]
Markets
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Wall St cuts losses as Trump hints at flexibility on tariffs
Wall Street’s main stock indexes reduced their declines on Friday after U.S. President Donald Trump suggested there would be flexibility on tariffs, ahead of the reciprocal duties he […]
Banks
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Fire at London electrical substation causes Heathrow Airport closure
A fire at an electrical substation near London’s Heathrow Airport has resulted in the closure of one of the world’s busiest airports. Heathrow Airport reported that the fire […]
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Air Traffic Controller Prevents Southwest Airlines Boeing 737 from Taking Off on Taxiway
An air traffic controller at Orlando International Airport stopped the pilots of a Southwest Airlines Boeing 737 from mistakenly taking off on a taxiway instead of the designated […]
Banks
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Governor Waller’s Statement on Federal Reserve Balance Sheet Normalization
At the latest Federal Open Market Committee (FOMC) meeting, Governor Christopher J. Waller supported maintaining the federal funds target range without change while continuing the current pace of […]
Markets
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Nvidia, Micron, Nike, Nio, Carnival, FedEx: Stocks to watch
Stocks experienced a decline at the open as shares of Nike (NKE-6.95%), FedEx (FDX-8.89%), and Micron fell following disappointing earnings reports. The S&P 500 and Nasdaq Composite both […]
Markets
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Retail Investors Continue Buying Stocks Despite Market Instability
Despite a turbulent stock market affected by trade disputes and fears of an economic slowdown, retail investors continue to invest heavily. Individual traders injected more than $12 billion […]
Markets
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Stock Market Valuations Are Stretched Amidst Wobbly Stocks
Despite the stock market’s recent volatility and concerns over potential economic slowdowns, certain indicators suggest that valuations remain stretched. Analysts like Doll and Siegel have warned about further […]
Banks
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More Women Are Leading Investments in Prominent Family Offices
Elizabeth Lilly started her own asset management firm in 2017, a dream she had nurtured since her 20s while working as an equity analyst. She envisioned her future […]