A fire at an electrical substation near London’s Heathrow Airport has resulted in the closure of one of the world’s busiest airports. Heathrow Airport reported that the fire […]
Uncategorized
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Air Traffic Controller Prevents Southwest Airlines Boeing 737 from Taking Off on Taxiway
An air traffic controller at Orlando International Airport stopped the pilots of a Southwest Airlines Boeing 737 from mistakenly taking off on a taxiway instead of the designated […]
Banks
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Governor Waller’s Statement on Federal Reserve Balance Sheet Normalization
At the latest Federal Open Market Committee (FOMC) meeting, Governor Christopher J. Waller supported maintaining the federal funds target range without change while continuing the current pace of […]
Markets
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Nvidia, Micron, Nike, Nio, Carnival, FedEx: Stocks to watch
Stocks experienced a decline at the open as shares of Nike (NKE-6.95%), FedEx (FDX-8.89%), and Micron fell following disappointing earnings reports. The S&P 500 and Nasdaq Composite both […]
Markets
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Retail Investors Continue Buying Stocks Despite Market Instability
Despite a turbulent stock market affected by trade disputes and fears of an economic slowdown, retail investors continue to invest heavily. Individual traders injected more than $12 billion […]
Markets
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Stock Market Valuations Are Stretched Amidst Wobbly Stocks
Despite the stock market’s recent volatility and concerns over potential economic slowdowns, certain indicators suggest that valuations remain stretched. Analysts like Doll and Siegel have warned about further […]
Banks
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More Women Are Leading Investments in Prominent Family Offices
Elizabeth Lilly started her own asset management firm in 2017, a dream she had nurtured since her 20s while working as an equity analyst. She envisioned her future […]
Economy
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China’s Criticism of Hutchison Deal Raises Stakes for US TikTok Sale
The criticism of the deal, including the sale of assets near the Panama Canal to a BlackRock-led consortium, will sharpen the scrutiny of a possible sale of the […]
Banks
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CoreWeave Faces Investor Scrutiny Amid $7.5bn Debt Repayment Pressure
CoreWeave is testing the risk appetite of investors as it approaches $7.5 billion in looming debt repayments. The situation has drawn attention from industry leaders and financial experts, […]
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Heathrow Airport Closure Disrupts Global Travel Plans
Warren Hu, a college student from New York, was one of thousands of passengers affected by the closure of Heathrow Airport on Friday. The closure was caused by […]