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Feb 01 2025POLITICS

Trade Wars Brewing As Tariffs Loom Over Canada, Mexico, And Europe

A massive wave of changes was announced concerning trade and economy. Headlines were grabbed after Donald Trump had declared that a fresh series of tariffs were imminent. The targets were countries like Mexico, China and Canada. Focusing on specific products, including chips, oil and gas, the aim wa

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Jan 30 2025BUSINESS

H&M's Mixed Bag: Sales Miss, Profits Surprise

Imagine this: the world's second-largest fashion retailer H&M has just released its year-end numbers. The story isn't super straightforward, and it's not just about the sales. It's no surprise that H&M's stock took a hit recently. Sales for the last quarter of 2024 were a bit of a disappoi

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Jan 30 2025CRYPTO

Trump Media's New Crypto Venture Boosts Stocks

Shares in Trump Media & Technology Group skyrocketed by 7% on Wednesday after the company unveiled its latest venture: a new financial services division called Truth. Fi. Backed by a substantial $250 million, this division is set to explore investments in Bitcoin and other cryptocurrencies, as well

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Jan 29 2025BUSINESS

Wall Street's Uneasy Wait: Fed Decision & Big Tech Reports

On Wednesday, U. S. stock indexes are floating around as traders anxiously await the Federal Reserve’s interest rate call and results from major tech firms. The S&P 500 dipped slightly, while the Dow rose slightly. The Nasdaq, however, slipped a bit. This comes after a week of market shifts due to q

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Jan 29 2025ENVIRONMENT

Why Small Farmers in South Africa Choose to Own Livestock

Ever wondered what makes small farmers in South Africa decide to own livestock and how big their herds get? A recent study looked into this, focusing on the Eastern Cape. They talked to 600 farmers, with 495 actually owning livestock. The study found that beliefs in African traditional religion, acc

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Jan 29 2025TECHNOLOGY

Stock Markets React to AI News and Tech Slide

Global stock markets saw a mixed day on Tuesday, with some rising and others falling. This happened as people traded during the Lunar New Year holiday. The change came after big tech companies in the US saw their stocks drop. A new competitor from China is making waves in the artificial intelligence

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Jan 28 2025FINANCE

AI Waves Rock the Market, But Health Stocks Stay Strong

Monday was a wild day on Wall Street, with the S&P 500 taking a dip. The culprit? A Chinese AI startup named DeepSeek. The big question was whether this startup created a super-efficient AI model with very little investment. If true, this could shake things up for the big tech players like Amazon, M

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Jan 27 2025BUSINESS

Stock Market Shake-Up: Chinese AI Startup Spooks U. S. Tech Giants

Imagine this: you're a big tech company in the U. S. , riding high on the AI wave. Then, out of nowhere, a little-known Chinese startup called DeepSeek shows off a chatbot that's as good as yours, but way cheaper. That's what happened, and it sent shockwaves through the U. S. stock market. Companies

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Jan 27 2025BUSINESS

Housing Market Woes: Bank of America Cools on D. R. Horton

Bank of America has given D. R. Horton a reality check, downgrading its stock from "buy" to "neutral. " Analyst Rafe Jadrosich now expects the homebuilder to face tough times ahead, with a target price of $150 per share, just a 5% increase from its current value. High interest rates and rising input

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Jan 25 2025BUSINESS

Younger Cardholders Boost AmEx Spending Late Last Year

What's the deal with American Express' spending spike last year? It's all about the younger folks! Last quarter, AmEx cardholders ramped up their spending by 8% compared to the previous year. This jump came after a slower period where growth rates hovered around 6% in the second and third quarters.

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