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China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs
U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there might be an easing in tensions with China.Read More...
British fintech Revolut tops $1 billion in profit as revenue jumps 72%
Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.Read More...
Citadel’s Ken Griffin warns Trump about tarnishing the ‘brand’ of U.S. Treasurys
"The strength, the credit worthiness of U.S. Treasurys, no brand came close. We put that brand at risk," Griffin said.Read More...
Credit a ‘short squeeze’ for the stock market’s big two-day bounce
Short-covering was on display as stocks shot up on signs of easing tensions on trade even though no concrete deals have been reached yet.Read More...
Wall Street’s iconic charging bull statue vandalized by climate activists wielding neon green paint
The climate activist group called Extinction Rebellion painted the words "Greed=Death" on the the bull, the symbol of a surging stock market.Read More...
About half of Americans have a negative view on Tesla and Elon Musk, CNBC survey finds
The broad public and investors have something in common these days: They don't have a lot of love for either Tesla or CEO Elon Musk.Read More...
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