The European Central Bank (ECB) cut interest rates by 25 basis points on Thursday, lowering its deposit facility rate to 2.5%. This move, widely anticipated by markets, reflects […]
Markets
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S&P 500 Gains and Losses Today: AI Stocks Fall After Soft Outlook From Marvell Technology
U.S. equity indexes experienced a sharp decline on Thursday as investor concerns centered on U.S. trade policy. Uncertainty over the Trump administration’s tariff decisions overshadowed markets, even after […]
Economy
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Gold Imports at Root of Record US Trade Gap Excluded From GDP
A striking surge in imports, largely driven by international gold traders rushing bullion to New York depositories, has propelled the US trade deficit to a record high, raising […]
Economy
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Trump’s Tariff Flip-Flops Revive ‘Stagflation’ Fears
President Donald Trump’s fluctuating decisions on tariffs against major trading partners are causing some economists to worry about a potential economic slowdown amid rising living costs. This week, […]
Technology
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SpaceX’s Starship Test Flight Ends in Explosion Over Florida
Nearly two months after an explosion impacted the Turks and Caicos, SpaceX launched its mammoth Starship rocket on Thursday. However, minutes into the test flight, contact was lost […]
Economy
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Walgreens is going private in an up to $24 billion deal
Walgreens Boots Alliance, a company with nearly a century of public trading history, is transitioning to private ownership in a deal valued at up to $23.7 billion. This […]
Uncategorized
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7-Eleven parent company appoints new CEO, plans US IPO
Seven & i Holdings, the parent company of global convenience store chain 7-Eleven, has appointed Stephen Dacus as its new CEO. Dacus, currently the lead independent outside director, […]
Economy
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US employers add a solid 151,000 jobs last month though unemployment up to 4.1%
WASHINGTON (AP) — U.S. employers added a solid 151,000 jobs last month, but the outlook remains uncertain as President Donald Trump threatens a trade war, purges the federal […]
Markets
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Trump Orders Establishment of U.S. Bitcoin Reserve
Former President Donald Trump has signed an executive order to create a strategic Bitcoin reserve, positioning the U.S. as one of the few nations with a national stockpile […]
Economy
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Walgreens Boots Alliance Nears $10 Billion Deal to Go Private Amid Struggles
Walgreens, a well-known drugstore chain in the U.S. since 1901, has faced significant challenges in recent years. The company, which went public in 1927 and later merged with […]