Fed Chair Jerome Powell has mentioned that inflation could become more volatile in the future. He cautions about the possibility of higher long-term interest rates due to ‘supply […]
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SEC Investigating Coinbase Over Alleged Misrepresentation of User Numbers
The Securities and Exchange Commission (S.E.C.) is investigating whether cryptocurrency exchange Coinbase misrepresented its user numbers. This inquiry could have significant implications for the company’s financial reporting and […]
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Retail Investors’ ‘Buy the Dip’ Strategy and Its Current Market Impact
The ‘buy-the-dip’ strategy employed by retail investors has proven successful. According to JPMorgan, this group of investors is now capitalizing on an 18% rally by taking their profits. […]
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Stock Market Declines as UnitedHealth and Retail Reports Impact Indices
The stock market experienced a downturn today, with the Dow falling 100 points largely due to a fresh plunge in UnitedHealth’s stock. The S&P 500 and Nasdaq also […]
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S&P 500 Futures Decline After Three Consecutive Gains Amid Trade Developments
S&P 500 futures experienced a decline during overnight trading following the index’s third consecutive day of gains, driven by developments in the trade dispute between the Trump administration […]
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Warren Buffett Announces Retirement as Berkshire Hathaway CEO Due to Aging
Age has finally caught up with Warren Buffett. The 94-year-old investment legend recently announced his decision to step down as CEO of Berkshire Hathaway after a remarkable 60-year […]
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Stock Market Update: Nasdaq Edges Higher Amid Mixed Performances
The stock market showed mixed performances today as the Dow and S&P 500 indices wavered, while the Nasdaq edged higher. This movement reflects Wall Street’s attempt to extend […]
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Newark Airport Faces Significant Operational Challenges
According to reports, Newark airport experienced significant operational challenges recently. On Monday night, as few as three radar controllers were monitoring the airspace, according to the FAA. Additionally, […]
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Wall Street’s Biggest Bull Predicts S&P 500 to Reach 5,900 by Year-End
A significant prediction has emerged from Wall Street’s biggest bull, forecasting the S&P 500 to reach 5,900 by the end of the year. This optimistic outlook is driven […]
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US Dollar Declines Amid Talks with South Korea and Soft US Inflation Data
The US Dollar weakened for a second consecutive day following softer-than-expected US inflation data. The Korean Won strengthened against the Greenback after both countries discussed Forex markets. The […]