The stock markets are experiencing a downturn as Federal Reserve Chair Jerome Powell highlights the potential negative effects of tariffs on the economy. This warning has led to […]
Technology
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Key Revelations from Mark Zuckerberg’s Testimony in Meta’s Antitrust Trial
During a high-profile antitrust trial, Meta CEO Mark Zuckerberg testified for over 10 hours across three days. The Federal Trade Commission (FTC) accuses Meta of maintaining an illegal […]
Technology
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Trump Administration Halts Offshore Wind Project
The Trump administration has ordered a permitted offshore wind project to cease construction. This decision marks a significant setback for renewable energy initiatives in the United States. The […]
Uncategorized
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Target CEO to Meet with Civil Rights Leader Amid Calls for Boycott
Target CEO Brian Cornell is set to meet with Rev. Al Sharpton following criticism over the company’s decision to roll back diversity, equity, and inclusion (DEI) programs. This […]
Uncategorized
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Tariffs Pose Challenges for American Winemakers
American winemakers face significant challenges due to tariffs imposed by President Trump on European goods. While these tariffs aim to protect domestic industries, they increase costs for winemakers […]
Economy
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Jobless Claims Fall to Two-Month Low as Labor Market Remains Strong Amid Trade Wars
The number of jobless claims has dropped to its lowest point in two months, indicating that the labor market continues to demonstrate resilience despite ongoing trade wars. This […]
Banks
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European Central Bank Cuts Interest Rates Amid Trade Tensions
The European Central Bank (ECB) has cut its main interest rate by 0.25 percentage points, citing escalating trade tensions following US President Donald Trump’s tariffs which have ignited […]
Markets
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Stock Market Fluctuates Amid Reports on Trump and Powell
The Dow experienced a significant drop of 500 points, while the S&P 500 saw a bounce due to reports indicating that President Trump is unlikely to fire Federal […]
Banks
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Global Payments to Acquire Worldpay for $24.25 Billion, Divesting Issuer Solutions Unit
Global Payments is set to acquire Worldpay in a $24.25 billion deal involving Fidelity National Information Services (FIS) and private equity firm GTCR, while simultaneously divesting its Issuer […]
Technology
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Nvidia Stock Gains Amid TSMC Boost Despite Tariff Turmoil
Nvidia’s stock has seen an uptick, attributed partly to a boost from its manufacturing partner TSMC, despite ongoing concerns related to President Trump’s tariff policies. Investors are seeking […]