Donald Trump is under fire for possible market manipulation after a social media post urging investors to buy stocks preceded a sudden reversal on trade tariffs, which sent markets soaring worldwide.On Wednesday morning, just after…
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Investing
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Investing
Prada acquires Versace in €1.25 billion deal: what it could mean for Capri Holdings’ stock as share price falls
In a defining moment for the luxury fashion world, Prada announced on Thursday that it will acquire Versace for 1.25 billion euros ($1.38 billion) from New York-based Capri Holdings. This is the biggest luxury deal… -
Wall Street may have finally broken through Donald Trump’s hard stance on tariffs. After a week of escalating fears about a potential economic crisis, two of the biggest names in finance — Jamie Dimon and…
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US equities fell sharply on Thursday, reversing part of the prior session’s explosive rally, as investors weighed President Donald Trump’s partial tariff pause against lingering concerns over China and the broader economic outlook.The Dow Jones…
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Tesla shares fell sharply in early trading Thursday, retreating over 6% to around $254, following a historic surge in the previous session. The decline came as broader markets also opened lower, with the S&P 500…
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Inflation in the United States cooled more than expected in March, while weekly jobless claims ticked higher, signaling a potential softening in the economy just as tariff tensions escalate.The Bureau of Labor Statistics (BLS) reported…
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Donald Trump is under fire for possible market manipulation after a social media post urging investors to buy stocks preceded a sudden reversal on trade tariffs, which sent markets soaring worldwide.On Wednesday morning, just after…
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Indian stocks and the rupee dropped on Wednesday after the country’s central bank slashed interest rates for the second time this year. The blue-chip Nifty 50 index dropped by 0.65% to ₹22,400, while the BSE…
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In a coordinated effort to shore up investor confidence, top Chinese brokerages have pledged to help stabilize domestic share prices, the Shanghai bourse announced. This pledge comes as scores of listed companies unveiled plans to…
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Apple shares staged a rebound on Tuesday, after days of relentless selling that saw the tech giant’s market value tumble by $638 billion as investors appeared to take solace in hints of potential trade negotiations…