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US trade allies waiting for tariff relief after China truce
Although the U.S. acted quickly to establish a trade agreement with China, it has been much more challenging to do the same with close allies. The United States designated 18...
UnitedHealth CEO steps down for "personal reasons"
On Tuesday, UnitedHealth Group announced that Andrew Witty, its CEO, had resigned from his position. The resignation happened immediately due to personal reasons. Stephen Hemsley, the former CEO and chairman...
Meta stock dips after AI product is delayed
Following reports of a delay in the rollout of its artificial intelligence (AI) product, Meta Platforms (NASDAQ: META), which runs some of the most well-known social media platforms globally, saw...
US trade deficit reaches record high
Due to a dramatic increase in goods imports as businesses scrambled to import goods before President Donald Trump imposed steep tariffs, the U.S. trade deficit reached an all-time high in...
US Economy Has First Contraction in Three Years
At the beginning of 2025, the U.S. economy faltered, experiencing its first contraction in three years. Faster-than-expected price increases and a dramatic increase in imports caused GDP to fall into...
Alphabet Surges on Strong Q1 Results, $70B Buyback, and Dividend Hike Amid Regulatory Headwinds
Alphabet (GOOG, GOOGL) announced a new $70 billion stock repurchase program and a 5% dividend increase on Thursday, along with better-than-expected first quarter earnings and revenue that exceeded analyst projections....
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