Starbucks (SBUX) shares experienced a significant decline following the release of its fiscal second-quarter results, which failed to meet analysts’ expectations. The company reported a 1% drop in […]
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Tariffs on Chinese Imports Threaten Pharmaceutical Shortages in the U.S.
Tariffs on imports from China are raising concerns about potential pharmaceutical shortages in the U.S., as a significant portion of medications, including 95% of ibuprofen, originate from China. […]
Technology
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Qualcomm Reports Increased Revenue and Profit Due to Higher Chip Sales
Qualcomm has reported higher revenue and profit, driven by an increase in chip sales. The demand for their technology continues to grow, positively impacting their financial performance. This […]
Economy
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Sharp Up-Revisions in February’s Inflation Data Highlight Persistent Core Services Inflation
The Personal Consumption Expenditures (PCE) price index for March revealed sharp up-revisions in February’s data, particularly in core services inflation. These revisions pushed the 12-month core PCE price […]
Technology
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Sundar Pichai Testifies Against DOJ’s Proposal to Share Google’s Search Data
Alphabet CEO Sundar Pichai testified in federal court that a Justice Department proposal requiring Google to share its search data, including with competitors, would amount to a ‘de […]
Technology
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Mark Zuckerberg Plans Premium Tier and Ads for Meta’s AI App
Meta’s AI app currently features a social feed, and Mark Zuckerberg has indicated that product recommendations could be introduced in the future. In addition to exploring premium subscription […]
Economy
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Japan Cuts Economic Growth Forecast Amid Tariff Concerns
The implementation of Trump’s tariffs has led Japan to reduce its economic growth forecast. The Bank of Japan maintained steady rates during its second consecutive meeting, as concerns […]
Banks
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US House Republicans Approve Cuts to CFPB in Major Legislation
House Republicans have approved cuts to the Consumer Financial Protection Bureau (CFPB) as part of a significant legislative package. This move aligns with broader efforts by GOP lawmakers […]
Technology
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Nvidia Faces Uncertainty Amid Trump’s AI and Export Policies
Nvidia CEO Jensen Huang has warned that China is not lagging in artificial intelligence development, raising concerns about the geopolitical landscape and its impact on technology exports. Meanwhile, […]
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Ford Showcases Ohio Manufacturing Amidst Trump’s Tariffs
In Sharonville, Ohio, Ford Motor Company is highlighting its U.S. manufacturing capabilities as it celebrates updates to two of its most popular vehicles. These vehicles are built with […]