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Fed Official Hints at Possible Rate Cut in June
The Cleveland Fed president sparked new speculation by suggesting “clear and convincing” data could lead to rate changes as soon as June. Investor...
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Stocks Climb Amid Housing Slowdown
Markets closed higher for the third straight day, led by tech gains and optimism around potential tariff adjustments. Alphabet’s strong quarterly...
Tariffs Shake Earnings and Forecasts Across Multiple Sectors
Companies ranging from PepsiCo to Chipotle have lowered or withdrawn their financial forecasts, citing fresh uncertainties fueled by tariffs....
China’s Electric Vehicle Surge Redefines the Auto Landscape
China’s auto market has soared into a new era, with electric vehicles (EVs) now representing more than half of all new car sales. Domestic...
Hasbro Braces for Tariff Fallout Despite Strong Quarter
Hasbro shares soared on better-than-expected revenue growth and sharply higher profits in the last quarter. However, the toymaker cautioned that...
Trump Hints Tariff Rollback After Market Jitters
Stocks surged after President Trump said tariffs on Chinese goods might “come down substantially,” a shift days after levies of up to 145 %...
Cantor, Tether Launch $3.6B Bitcoin SPAC
Investment bank Cantor Fitzgerald, now run by founder Howard Lutnick’s sons, unveiled “Twenty One,” a SPAC that will hold 42,000 bitcoin—about...
Tariffs Threaten Empty Big-Box Shelves
Target, Walmart, and Home Depot executives told the White House this week that soaring U.S.–China tariffs are already snarling logistics and could...
Boeing’s Losses Shrink, Deliveries Soar
Boeing posted a first-quarter net loss of just $31 million—down from $355 million a year ago—as revenue jumped 18 percent to $19.5 billion....
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