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news-17112024-043021

Record 60 Million Households Watch Jake Paul vs Mike Tyson Fight on Netflix

The highly anticipated boxing match between Jake Paul and Mike Tyson on Netflix made history with a record 60 million households tuning in worldwide. The event peaked at 65 million streams, showcasing the immense...
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Black Friday Deals: What to Expect and Are They Worth Waiting For?

The period between Thanksgiving Day and Cyber Monday is known for being one of the busiest shopping times of the year. The National Retail Federation's annual survey predicts that this year, there will be...
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McDonald’s Invests $100M+ to Accelerate Recovery from E. coli Outbreak

McDonald's is investing over $100 million to help recover from the recent E. coli outbreak linked to their slivered onions. The fast-food chain plans to support franchise owners who suffered losses by investing $65...
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Space Stocks Surge as ‘Trump-Elon Trade’ Boosts Gains

Space stocks have been on a surge recently, with many companies experiencing significant gains. This increase in stock value is being attributed to what analysts are calling the "Trump-Elon trade," referencing the relationship between...
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Palantir Soars 11% to All-Time High on Nasdaq Move

Palantir Technologies, a software developer for the military, has seen a remarkable increase in its shares, which rose by 11% to an all-time high after announcing plans to move its listing from the New...
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Hyundai Appoints Jose Munoz as North American CEO, Effective Jan. 1

Hyundai has announced that Jose Munoz will be taking over as the next president and CEO of the company, starting on January 1. Munoz, who currently serves as the global chief operating officer of...
news-15112024-041530

Fed Chair Powell Urges Patience in Interest Rate Reductions

Federal Reserve Chair Jerome Powell spoke on Thursday about the strong U.S. economic growth, which allows policymakers to be patient in deciding on interest rate reductions. Powell mentioned that there is no rush to...
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Understanding Deflation Trends in October 2024: A Comprehensive Chart Analysis

In October 2024, deflation trends have been observed in the U.S. economy, particularly in the prices of physical goods. While deflation is not a common occurrence, the past year has seen a decline in...
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GM Outperforms Peers on Wall Street in 2024: Vindication Achieved

General Motors is shining brighter than its competitors this year as it consistently exceeds Wall Street's earnings predictions. The Detroit-based automaker has seen a 54.7% increase in its stock value, outperforming well-known rivals like...
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Bitcoin Price Surges Past $82,000 Amid Continued Crypto Euphoria Following Trump Victory

Bitcoin's price surged past $82,000 on Monday, marking a new high in the ongoing rally of cryptocurrencies following Donald Trump's victory in the election. The price of bitcoin reached $80,000 for the first time...
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The Impact of Trump’s Mass Deportation Plan on Immigrant Workers and the Economy

President-Elect Donald J. Trump made promises during his campaign to implement strict immigration policies, including mass deportations. Experts believe that these policies could have far-reaching effects on various sectors of the economy such as...
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Bitcoin Price Predictions Surge as Cryptocurrency Hits Record Highs: $2.8 Billion Wagered on $90,000...

Bitcoin's price has hit new highs, reaching nearly $81,000, and futures premiums are rising, indicating that investors anticipate further gains. Open interest in bitcoin surpassing $90,000 has exceeded $2.8 billion on the Deribit exchange,...
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Bitcoin Price Surges to $80,000 After Trump Election Win

Bitcoin and other cryptocurrencies are on a surge, reaching new heights in the market. Bitcoin, the flagship cryptocurrency, hit an all-time high of $80,000, while Ether also saw a significant increase, surpassing the $3,000...
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Elon Musk Supports Plan for Presidential Influence on Federal Reserve

Elon Musk, the CEO of Tesla and SpaceX, recently showed support for the idea of allowing presidents to have influence over Federal Reserve policy. This endorsement came in response to a social media post...
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Wicked Merchandise: Retailers Embrace Pink and Green Craze Before Theatrical Premiere

Universal's highly anticipated movie adaptation of the popular Broadway musical "Wicked" is creating a buzz in the retail world with a wide range of merchandise offerings. The film, set to release on November 22,...
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Fed Chair Powell Faces Pressure to Address Trump’s Impact on Economy

Federal Reserve Chairman Jerome Powell faced a barrage of questions from reporters during a news conference, as they sought his opinion on President-elect Donald Trump's impact on the economy. Powell, however, remained tight-lipped on...
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Jack Dorsey Shrinks Crypto Plans for Block: What’s Next?

Jack Dorsey, one of the co-founders of Twitter, made waves in the crypto world during the summer of 2021 with his ambitious plans for his company, Square. He announced the formation of a new...
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Tesla Reaches $1 Trillion Market Cap After Trump Victory

Elon Musk recently appeared on stage alongside former President Donald Trump at a rally in New York, which sparked a surge in Tesla's stock price. Following Trump's victory in the U.S. presidential election, Tesla's...
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Federal Reserve Chair Powell Affirms He Would Not Resign if Asked by Trump

Federal Reserve Chairman Jerome Powell made it clear on Thursday that he would not resign from his position even if President-elect Donald Trump were to ask him to do so. Powell firmly stated, "No,"...
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Trump’s Focus: Tax Cuts, Iran Sanctions & Tariffs – Former Treasury Secretary Mnuchin

President-elect Donald Trump is expected to focus on key aspects of his economic platform once he takes office in January, according to his former Treasury Secretary Steven Mnuchin. Mnuchin, who served in the role...
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Warner Bros. Discovery Gains 7.2 Million Max Subscribers in Record Quarter

Warner Bros. Discovery announced on Thursday that their streaming platform, Max, gained 7.2 million new subscribers globally in the third quarter. This growth marked the largest increase in subscribers for the platform since its...
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Bitcoin price hits all-time high at $75,000 amid speculation of Trump’s influence on cryptocurrency...

Bitcoin has surged to an all-time high of $75,000 as Donald Trump secured key wins in swing states, causing the cryptocurrency market to react with excitement. The price of Bitcoin reached this record level...
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U.S. Election Impact: 10-Year Treasury Yield Rises

The U.S. Election Impact on Treasury YieldsAs the U.S. presidential election between Vice President Kamala Harris and former President Donald Trump remains closely contested, the impact on the financial markets is becoming increasingly evident....
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Trump to Appoint RFK Jr. for Key Health Role: Impact on Patients and Drugmakers

Former U.S. President Donald Trump has announced that Robert F. Kennedy Jr., a well-known vaccine skeptic and conspiracy theorist, will play a significant role in health care if Trump is elected for a second...
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Coinbase’s Election Bet Faces Crucial Test: What’s at Stake?

Coinbase CEO, Brian Armstrong, has recognized the importance of engaging with policymakers in Washington, D.C. as the crypto industry grows. In recent years, Coinbase has increased its political involvement, with the company becoming one...
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Palantir Stock Surges Due to Positive Revenue Forecast

Palantir Technologies CEO, Alex Karp, recently shared some exciting news during an interview at the FoundryCon event in Palo Alto, California. The company's stock saw a significant surge of 13% in after-hours trading following...
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Post-US Election Stock Market Trends: A Historical Analysis

Stock market trends after a presidential election have historically shown that while there is usually an overall increase in stock prices, there can be some short-term volatility immediately following the election. Looking back at...