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  Author: Admin

Economy

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

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Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer pric...

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Earnings

Here’s what impressed us most about Costco’s earnings beat in a tariff-filled world

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Costco on Thursday returned to its old ways of delivering earnings beats. Despite concerns about a tariff-driven hit to margins, the retailer's b...

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Business

Caviar and privacy: Airlines’ business-class wars are here

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American Airlines new business-class suite.American AirlinesDALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, ...

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Finance

China’s EV price war is heating up. What’s behind the big discounts?

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Customers look at BYD electric cars at an auto show in Yantai, in eastern China's Shandong province on April 10, 2025. Stringer | Afp | Getty Ima...

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Economy

Credit default swaps are back in fashion — even if the panic might be overblown

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Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025, in New York City. Timothy A. Clary | Afp | G...

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Earnings

Why Salesforce’s beat-and-raise quarter isn’t quieting the stock’s doubters

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Salesforce on Wednesday reported better-than-expected quarterly results and provided guidance that, on its face, seemed strong. But the market re...

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Business

Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics

May 29, 20250

Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs o...

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Finance

GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million

May 28, 20250

A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany.Ying Tang | Nurphoto | Getty ImagesGameStop ...

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Economy

Elon Musk says Trump’s spending bill undermines the work DOGE has been doing

May 28, 20250

U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk's son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on ...

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Earnings

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

May 28, 20250

A sign is posted in front of a Dick's Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty ImagesDic...

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