Walmart finds itself in the middle of the escalating trade war between the United States and China. Chinese officials summoned Walmart executives on Tuesday to investigate claims that […]
Economy
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Asia-Pacific Stocks Mixed Amidst U.S. Inflation Report
Asia-Pacific markets showed mixed trading on Thursday following a subdued U.S. inflation report that helped two out of three Wall Street benchmarks recover from two days of losses. […]
Economy
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U.S. Inflation Eased More Than Expected in February
In February, inflation eased more than anticipated, offering relief to the Federal Reserve as it manages the challenges of higher prices and slower growth due to trade tensions. […]
Economy
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EPA Administrator Announces Rollback of Environmental Regulations
The head of the Environmental Protection Agency (EPA), Lee Zeldin, announced a series of actions to roll back significant environmental regulations. These include rules related to pollution from […]
Economy
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Walmart Requests Chinese Suppliers to Absorb Tariffs Amid Tensions
Walmart has found itself in the middle of a clash with China after requesting its suppliers to absorb tariffs imposed by the U.S. government. According to reports, Walmart […]
Economy
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Tariffs Cause Market Meltdown, but Some Wealthy Individuals See Profit Opportunities
Tariffs have triggered a market meltdown, yet some individuals within the wealthy 1% perceive it as an opportunity to profit. Despite the economic challenges posed by tariffs, certain […]
Economy
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FTC Requests Delay of Amazon Trial Due to Staff Shortages
The US Federal Trade Commission (FTC) has requested a delay in the September trial against Amazon, citing significant resource shortages. During a hearing in Seattle, FTC attorney Jonathan […]
Economy
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American Eagle Warns of Slower Consumer Spending and Issues Weak Guidance
American Eagle informed investors that consumer spending is slowing down, marking a slower start to the year than anticipated. According to CEO Jay Schottenstein, “Entering 2025, the first […]
Economy
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EPA Administrator Announces Rollback of Environmental Regulations
In a significant move described as the “most consequential day of deregulation in American history,” the Environmental Protection Agency (EPA) Administrator, Lee Zeldin, announced the rollback of several […]
Economy
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U.S. Budget Deficit Surges in February, Reaching $1 Trillion Year-to-Date
The U.S. debt and deficit situation worsened during President Donald Trump’s first month in office, with February’s budget shortfall surpassing $1 trillion despite the fiscal year being less […]