The Organisation for Economic Co-operation and Development (OECD) has warned that Donald Trump’s trade war will damage global growth. The tariffs imposed by the Trump administration on imported […]
Uncategorized
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Declining Orange Juice and Egg Prices Boost Consumer Sentiment
Consumer sentiment significantly influences economic activity, and the price trends of specific goods can disproportionately affect consumer inflation views. Recently, the prices of orange juice and eggs have […]
Markets
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US Stock Futures Decline Amid Economic Slowdown Concerns
On March 17, U.S. stock index futures experienced a downturn as comments from Treasury Secretary Scott Bessent added to concerns about an economic slowdown. Attention was also on […]
Technology
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AstraZeneca to acquire EsoBiotec to advance cell therapy ambition
AstraZeneca has entered into a definitive agreement to acquire EsoBiotec, a biotechnology company pioneering in vivo cell therapies with promising early clinical activity. EsoBiotec’s Engineered NanoBody Lentiviral (ENaBL) […]
Banks
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Forever 21 Files for Bankruptcy Again Leading to Liquidation
Fast-fashion retailer Forever 21’s U.S. operating company has filed for Chapter 11 bankruptcy for the second time in six years, driven by declining mall traffic and increasing competition […]
Markets
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Tesla Shares Decline Amid Musk’s Rising Political Influence
Despite Elon Musk’s increasing influence in US politics, Tesla shares have been declining. Musk’s role in the Department of Government Efficiency (DOGE) and his alignment with former President […]
Economy
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Egg Prices Drop as Demand Falls
The national average wholesale price of eggs has dropped for the third week in a row. According to reports, egg prices are declining as demand sharply falls among […]
Uncategorized
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Tesla Warns of Significant Impact from Trump’s Tariffs
Tesla has expressed concern that President Donald Trump’s tariffs are significantly affecting its operations. The electric vehicle giant announced its first annual sales decline and a 71 percent […]
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US-EU Tariff Conflict Threatens $9.5 Trillion in Transatlantic Business
The American Chamber of Commerce to the EU has warned that the US-European tariff conflict is endangering $9.5 trillion worth of transatlantic business annually. According to AmCham EU’s […]
Banks
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The Fed Is in Wait-and-See Mode. Investors Want Reassurance It Will Act If Needed
Jerome Powell faces the challenge of reassuring investors about the economy’s stability while conveying that policymakers are prepared to act if necessary. Despite the Federal Reserve chair highlighting […]