Chinese tech giant Alibaba reported a significant 239% year-over-year increase in net profit for the final quarter of 2024. This growth was driven by the expansion of its […]
Economy
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Walmart Stock Slides After Earnings—Walton Family Loses Billions
Walmart shares experienced their worst day in over a year on Thursday, resulting in billions wiped off the net worth of the retail giant’s heirs. The company issued […]
Economy
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Walmart Predicts Slower Growth for 2025 Amid Economic Challenges
Walmart anticipates a slowdown in sales and profit growth for 2025 due to rising inflation and the impact of tariffs. The forecast caused its stock to drop by […]
Economy
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Fort Knox: A Secure Repository of U.S. Gold Reserves
LOUISVILLE, Ky. (AP) — President Donald Trump announced that Elon Musk would inspect Fort Knox, the renowned depository for American gold reserves in Kentucky, to verify the presence […]
Economy
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Target sued by Florida for defrauding shareholders about DEI
A securities fraud lawsuit has been filed against Target by the State Board of Administration of Florida, an agency responsible for overseeing public pension funds that own Target […]
Economy
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Target sued by Florida for defrauding shareholders about DEI
The State Board of Administration of Florida, which oversees public pension funds owning Target stock, has filed a securities fraud lawsuit against Target in the federal court in […]
Economy
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Walmart warns of a slower 2025. That’s a bad sign for America’s economy
Walmart, the largest U.S. retailer, has warned of slower sales and profit growth in 2025 due to rising inflation and the impact of Trump’s tariffs. The forecast caused […]
Economy
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Target sued by Florida for defrauding shareholders about DEI
The State Board of Administration of Florida, which oversees public pension funds owning Target stock, has filed a securities fraud lawsuit against Target in the federal court in […]
Economy
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Will Americans get an $8,000 DOGE stimulus check?
The Department of Government Efficiency (DOGE), led by Tesla CEO Elon Musk, is making headlines for its efforts to reduce federal spending through cuts to agencies and government […]
Economy
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Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
PALM BEACH, Florida, Feb 18 (Reuters) – U.S. President Donald Trump announced his intention to impose tariffs of approximately 25% on auto imports, alongside similar duties on pharmaceuticals […]