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Consumer Spending Drops in January, Signaling Potential Slowdown

Finance Jennifer Larian -
Consumer spending saw a sharp decline in January, raising concerns about a potential slowdown in economic growth, according to a Commerce Department report released...

Bank of America CEO: Fed Likely to Delay Rate Cuts

Finance Jennifer Larian -
Consumer Spending Signals Strong Demand Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending in early 2025 suggests the Federal Reserve may...

Wells Fargo CEO Warns of Potential $2-3 Billion Loss on Office Loan Portfolio

Business Jennifer Larian -
Wells Fargo CEO Charlie Scharf announced on Thursday that the bank may face losses ranging between $2 billion and $3 billion in its commercial...

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U.S. Eases Self-Driving Car Rules to Speed Deployment

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The National Highway Traffic Safety Administration (NHTSA) announced new...

India’s Inflation Eases to 2.82% in May, Below Expectations

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Lower-than-Expected Consumer Inflation India’s consumer inflation slowed to 2.82% in...

U.S. to Keep High Tariffs on China Amid Ongoing Trade Talks

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Trump Announces Details of U.S.-China Tariff Agreement President Donald Trump...

IBM’s Quantum Leap: The IBM Quantum Starling Project

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Major Leap in Quantum Computing International Business Machines (IBM) has...

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Oil Prices Surge as Israel-Iran Tensions Escalate

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Oil prices spiked sharply on Friday amid growing fears...

U.S. Eases Self-Driving Car Rules to Speed Deployment

World 0
The National Highway Traffic Safety Administration (NHTSA) announced new...

India’s Inflation Eases to 2.82% in May, Below Expectations

World 0
Lower-than-Expected Consumer Inflation India’s consumer inflation slowed to 2.82% in...

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