S&P 500 Erases 2025 Losses in Rare Comeback
Since 1950 the S&P 500 has achieved its 2025 losses only three times (1982, 2009, 2020) after experiencing a significant...
Wall Street Rises as Inflation Slows
The US stock market experienced an upward trend on Tuesday after inflation data revealed a 2.3% April reading instead of...
Trump Signs Executive Order Mandating Drug Price Cuts Within 30 Days
President Donald Trump signed an executive order on Monday which established a 30-day period for pharmaceutical companies to lower prescription...
Mexico Decries US Beef Import Ban Over Screwworm
Mexican President Claudia Sheinbaum described the US decision to suspend Mexican beef cattle imports for 15 days as "unfair" because...
Bank of America’s Hartnett Optimistic as Tariff Fears Ease
Bank of America’s Michael Hartnett, who correctly predicted a 2025 US stock market slowdown, sees improving sentiment as tariff fears...
Wall Street Dips, Oil Prices Hit Four-Year Low
The S&P 500 dropped 0.6% to 5,650.38 while the Dow fell 0.2% to 41,218.83 and the Nasdaq declined 0.7% to...
Apple Plans Staggered iPhone Releases to Launch Foldable Model
The Information reports that Apple plans to transform its iPhone release pattern in 2026 by launching its initial foldable iPhone...
Skechers to Go Private in $63/Share 3G Capital Deal
Skechers will be acquired by 3G Capital for $63 per share, a 30% premium, in a take-private deal, ending its...
Ferrari Posts 17% Profit Gain, Flags Tariff Threat
The Q1 net profit of Ferrari reached €412 million ($466.3 million) which exceeded Reuters' forecast of €410 million because of...
Netflix Hits Record Highs with Unprecedented Win Streak
The CNBC reported that Netflix stock prices reached their highest point yet while the company achieved a 10-day winning streak...
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