Markets
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Rooting for Trump to fail has made his stock shorters millionsApr 26, 2024 9:37 am - NEW YORK — Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens...
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Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prisonMar 28, 2024 11:16 am - NEW YORK — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the...
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Trump’s social media company will go public after merger with shell company is approvedMar 22, 2024 10:16 am - NEW YORK — Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with ...
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Dollar Tree to close nearly 1,000 stores, posts surprise fourth quarter lossMar 13, 2024 11:29 am - Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a...
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Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots AllianceFeb 21, 2024 9:15 am - NEW YORK — Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average. ...
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Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its businessJan 04, 2024 3:59 pm - Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday that reducing its quar...
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Stock market today: Wall Street aims for gains to close 2023 in subdued holiday tradingDec 27, 2023 8:29 am - Wall Street aimed for a winning week to close out the year in subdued holiday trading Wednesday. Futures for the S&P 500 and the Dow Jones Industrial Average each edged ...
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Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hikeNov 03, 2023 6:43 am - WASHINGTON - The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inf...
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McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectationsNov 01, 2023 7:26 am - McDonald's said it's pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers. The burger giant reported ...
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Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflationOct 20, 2023 8:39 am - WASHINGTON - Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a ...
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