Amid escalating tariff tensions, China has begun returning Boeing 737 MAX jets to the U.S. This move comes as a result of increased costs due to tariffs imposed […]
Economy
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The ‘Sell America’ Trade Reaches Levels Not Seen Since the 1980s
Traders are rapidly divesting from US assets, reminiscent of trends last seen in the 1980s. Rising recession risks, driven by stringent tariffs, have prompted a global downgrade of […]
Technology
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CATL Unveils Second-Generation Battery Capable of Adding Over 300 Miles of Range in Minutes
Chinese electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Co. Limited (CATL) has introduced its second-generation Shenxing battery, which promises to revolutionize EV charging times. According to CATL, […]
Markets
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Tesla Faces ‘Code Red Situation’ Amid Price Target Cuts and Earnings Anticipation
Tesla’s stock price target has been significantly reduced ahead of its earnings report, signaling what analysts are calling a ‘Code Red Situation’ for CEO Elon Musk. Analysts warn […]
Markets
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UnitedHealth (UNH) Technical Analysis: Potential Buying Opportunity at Support Level
Trading in UnitedHealth Group Incorporated (UNH) was subdued on Monday, following a significant drop of over 20% on Friday. The company revised its annual guidance downward to $26.00 […]
Uncategorized
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Gold Reaches Record High Amid Trade War Concerns and Dollar Weakness
Gold prices surged to an all-time high driven by escalating trade war tensions and a weakening U.S. dollar. Investors are flocking to gold as a safe-haven asset amid […]
Banks
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Capital One’s Approval for Discover Merger Signals Positive Regulatory Shift
Capital One has received approval from banking regulators for its $35 billion acquisition of Discover Financial, a move analysts believe could have broader implications for the financial sector. […]
Economy
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Chicago Fed’s Goolsbee Stresses Importance of Fed Independence in Inflation Fight
Austan Goolsbee, President of the Federal Reserve Bank of Chicago, emphasized the critical importance of the Federal Reserve’s independence in combating inflation during an appearance on CNBC’s “Squawk […]
Markets
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Global Markets Witness Investor Exodus from the U.S. Amid Tariff-Recession Fears
Investors across global markets are increasingly moving their assets away from the U.S., driven by analysts’ predictions of a potential tariff-induced recession. The ongoing trade tensions have created […]
Markets
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US Stocks and Dollar Decline Amid Trump’s Criticism of Fed Chair Powell
US stocks and the dollar experienced significant declines following intensified criticism from President Donald Trump towards Federal Reserve Chair Jerome Powell. Trump labeled Powell as “a major loser” […]