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U.S. financial markets showed resilience on Friday as major indexes posted modest gains despite mounting concerns over the ongoing government shutdown. Investors appeared to downplay the immediate risks of Washington’s budget impasse, instead focusing on corporate earnings and broader economic fundamentals. The Dow Jones Industrial Average closed up 0.4%, the S&P 500 advanced 0.5%, and […]
U.S. stocks inched higher on Thursday as investors cautiously assessed the potential economic consequences of the ongoing federal government shutdown, now entering its third day. Despite political gridlock in Washington, major indexes managed modest gains, suggesting markets are still betting on a resolution. The Dow Jones Industrial Average rose 0.3%, the S&P 500 added 0.4%, […]
Elon Musk’s social media platform, X, formerly known as Twitter, is reportedly in discussions with investors to raise funds at a valuation of $44 billion. According to a Bloomberg report citing sources familiar with the matter, this valuation aligns with the price Musk paid to acquire the company in 2022. The potential funding round represents […]
Five years ago, on January 31, 2020, the United Kingdom officially bid farewell to the European Union, ending nearly five decades of membership. The momentous decision to leave the EU, commonly known as Brexit, has since sparked profound political, economic, and social consequences, many of which continue to shape the nation today. For those in […]
Former President Donald Trump’s announcement that he will not remove Jerome Powell from his position as the chair of the U.S. Federal Reserve before Powell’s term expires marks a significant development in the ongoing tension between the two figures. This statement, made public in recent days, comes after years of public and private criticism from […]
