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Ackman Warns of Potential Losses for Harvard Endowment in Private Equity
Markets

Ackman Warns of Potential Losses for Harvard Endowment in Private Equity

Posted on: May 7, 2025

Bill Ackman cautioned that Harvard University’s endowment could face significant financial challenges as it considers selling some of its private equity holdings amid disputes with the Trump administration […]

Communication Failure at Newark Airport Leads to Weeklong Delays
Markets

Communication Failure at Newark Airport Leads to Weeklong Delays

Posted on: May 7, 2025

A communication failure between air traffic controllers and pilots at Newark Liberty International Airport caused a weeklong meltdown. On April 28, controllers in Philadelphia lost primary communication with […]

Paul Tudor Jones Predicts New Stock Market Lows Despite Potential Tariff Cuts
Markets

Paul Tudor Jones Predicts New Stock Market Lows Despite Potential Tariff Cuts

Posted on: May 6, 2025

Billionaire hedge-fund manager Paul Tudor Jones predicts that the stock market will hit new lows, even if President Donald Trump reduces tariffs on Chinese goods to 50%. Jones […]

Asian Currencies Surge Amid Dollar Selling Wave
Markets

Asian Currencies Surge Amid Dollar Selling Wave

Posted on: May 6, 2025

SINGAPORE/SHANGHAI, May 6 (Reuters) – A significant wave of dollar selling in Asia is raising concerns for the greenback as the region’s export powerhouse questions a long-standing trend […]

Markets

Warren Buffett Steps Down: What’s Next for Berkshire Hathaway?

Posted on: May 6, 2025

Warren Buffett, at the age of 94, has stepped down as Berkshire Hathaway CEO, marking a significant transition for the company known for delivering over a 5,000,000% return […]

Taiwan Dollar’s Record Surge Reflects Trade War Jitters
Markets

Taiwan Dollar’s Record Surge Reflects Trade War Jitters

Posted on: May 6, 2025

An unprecedented two-day rally in Taiwan’s currency reflects growing unease in markets amid U.S. President Donald Trump’s trade war. Taiwan, a key manufacturer of high-end computer chips and […]

Markets

Dollar’s Decline Echoes 90s Asian Currency Crisis, Impacting Stocks

Posted on: May 6, 2025

The recent decline of the U.S. dollar has drawn comparisons to the 1990s Asian currency crisis, raising concerns about potential impacts on stock markets. The USD/TWD exchange rate […]

Markets

Stock Market Rally Faces Challenges Amid White House Tariff Uncertainty

Posted on: May 6, 2025

The recent stock market rally might face challenges as the White House appears to have backtracked on its stance regarding tariffs. This uncertainty could act as a potential […]

Trump’s Meme Coin Generates Fees and Offers Access to the President
Markets

Trump’s Meme Coin Generates Fees and Offers Access to the President

Posted on: May 6, 2025

In the cryptocurrency realm, meme coins are often considered jokes with little intrinsic value. However, the Trump family has transformed their president-themed meme coin into a source of […]

Stock Futures Show Minimal Changes Amidst Anticipation of Fed Policy Meeting
Markets

Stock Futures Show Minimal Changes Amidst Anticipation of Fed Policy Meeting

Posted on: May 6, 2025

U.S. stock futures showed minimal changes on Monday night as investors braced for the Federal Reserve’s upcoming policy meeting. This meeting is the first since President Donald Trump […]

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