Money

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Markets Close Mixed as Tech Drives Nasdaq, eToro Surges on Nasdaq Debut
Money

Markets Close Mixed as Tech Drives Nasdaq, eToro Surges on Nasdaq Debut

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New York, USA: US stock markets wrapped up a choppy trading session with mixed results— the S&P 500 edged up 0.1%, the Dow slipped 0.2%, and the...

May 16, 2025 01:24 PM Neutral

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China’s Economic Recovery Loses Steam as April Data Disappoints
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China’s Economic Recovery Loses Steam as April Data Disappoints

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Beijing, China: Newly released data for April show that China’s post-pandemic bounce-back is already slowing. Industrial production rose just over...

May 16, 2025 01:23 PM Negative
EU Forecast: Stronger Growth But Stubborn Inflation in Eurozone
Money

EU Forecast: Stronger Growth But Stubborn Inflation in Eurozone

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Brussels, Belgium: The European Commission released its spring economic forecast, painting a brighter picture for growth in the eurozone despite...

May 16, 2025 01:23 PM Neutral
How Wall Street Is Bracing for a Potential U.S. Debt Default
Money

How Wall Street Is Bracing for a Potential U.S. Debt Default

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New York, USA: With the U.S. government possibly facing default if Congress doesn’t raise the federal debt ceiling soon, major Wall Street firms...

May 16, 2025 01:23 PM Neutral
UnitedHealth Suspends Forecast as Costs Surge; CEO Quits in Shake-Up
Money

UnitedHealth Suspends Forecast as Costs Surge; CEO Quits in Shake-Up

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Minneapolis, USA: Health insurance behemoth UnitedHealth pulled its 2025 earnings guidance, citing ballooning medical costs and uncertainty around...

May 15, 2025 01:06 AM Negative
Nvidia Stock Soars as Saudi AI Deal Lifts Market Cap Past $3 Trillion
Money

Nvidia Stock Soars as Saudi AI Deal Lifts Market Cap Past $3 Trillion

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Multiple locations: Nvidia Corp. once again joined the elite “$3 trillion club,” thanks to a share price rally fueled by its Saudi Arabia AI...

May 15, 2025 01:06 AM Positive
U.S. Inflation at 2.3% – Lowest Since Early 2021
Money

U.S. Inflation at 2.3% – Lowest Since Early 2021

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What this means for you: • good news for consumers concerned about shrinking paychecks. Fed officials suggested they may hold off on further...

May 15, 2025 01:06 AM Positive
$458 Million Bitcoin Buy Signals Growing Institutional Appetite
Money

$458 Million Bitcoin Buy Signals Growing Institutional Appetite

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Multiple Locations: Cantor Equity Partners made waves by purchasing nearly $458.7 million in Bitcoin—equivalent to over 4,800 BTC—in a single...

May 14, 2025 12:07 AM Neutral
Bitcoin Edges Toward $105K as Crypto Market Gains Speed
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Bitcoin Edges Toward $105K as Crypto Market Gains Speed

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Multiple Locations: Bitcoin’s price continued its rapid climb, inching closer to $105,000 amid a general rally in cryptocurrencies. Ethereum also...

May 14, 2025 12:07 AM Positive

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