Finance

The Federal Reserve’s latest economic outlook is nothing short of alarming. In their recent assessment released on Wednesday, officials have downgraded growth projections for the U.S. economy, anticipating an increase of only 1.7% in 2025. This stark revision from the prior forecast of 2.1% reflects an unsettling reality: the economic landscape is shifting under our
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In the precarious world of defense contracting, recent developments reflect a chaotic dance between industry giants. Lockheed Martin’s stock plummeted by nearly 7% following President Donald Trump’s decision to award a lucrative contract for next-generation fighter jets to Boeing instead. This moment serves not only as a catalyst for Boeing’s stellar 5% increase but also
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China’s rapid embrace of electric vehicles (EVs) signals a significant shift in the automotive industry, and Zeekr, with its innovative driver-assistance technology, stands at the forefront of this transformation. The announcement that Zeekr will offer advanced driver-assistance functionalities free of charge to local customers is not merely a marketing technique—it’s a calculated response to the
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Amid the flurry of changes and challenges within the Chinese economy, a glimmer of hope emerges from iQiyi’s announcement about its inaugural theme park, “iQiyi Land.” Although optimism is paramount, the stakes are undeniably high, raising questions that warrant a deeper analysis of consumer trends and the evolving landscape of entertainment in China. Expectations are
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As we navigate through an increasingly digital world, the allure of quick and high returns on investments seems to overshadow the risks involved. The Federal Trade Commission (FTC) recently revealed a staggering figure: in 2024, consumers fell victim to investment scams amounting to $5.7 billion. This marks a 24% increase from the preceding year and
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In times of financial volatility, savvy investors instinctively seek shelter, turning their portfolios towards options that promise a buffer against market downturns. Goldman Sachs Asset Management has responded to this need with their launch of the Goldman Sachs U.S. Large Cap Buffer 3 ETF—a product designed to shield investors while still enabling some degree of
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Rubrik’s stock has taken the financial world by storm, surging 18.5% following an unexpectedly narrow earnings loss of 18 cents per share in its fourth quarter, far better than the 39-cent loss the market anticipated. This dynamic performance reflects an underlying resilience in a sector that often grapples with unpredictability. Analysts had prepared for a
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