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The prospect of Donald Trump returning to the White House on Tuesday brought significant financial gains to shareholders of various companies, with several sectors seeing remarkable stock rallies on Wednesday. Trump's policies, expected to focus on tougher stances on immigration, crime, and less regulation, led to stock surges for individual compan…

The Federal Reserve, aiming to recalibrate its monetary policy, approved a quarter-point rate cut on Thursday, marking its second consecutive rate reduction. This shift is less aggressive than the previous move but signals continued efforts to adapt to economic conditions. Following a more significant half-percentage point cut in September, the …

In a press conference on Thursday, US Federal Reserve Chair Jerome Powell firmly responded to questions regarding whether he would resign if President-elect Trump requested it. Powell, whose term as chair runs through 2026, responded with a straightforward No. When asked if he would be legally obligated to step down, Powell reiterated, No. Jerom…

Elon Musk has taken a strong stance in support of Donald Trump’s successful campaign for the U.S. presidency, emerging as one of the most prominent business figures backing Trump. Musk’s substantial financial support and his vocal advocacy for Trump have left him and his business empire in a unique position, with both potential gains and significan…

Bitcoin Soars to Record $75,000 Amid Election Uncertainty Bitcoin surged to an unprecedented high on Tuesday evening, reaching $75,000 as investors speculated that former President Donald Trump was gaining traction in the U.S. election. As results trickled in, the flagship cryptocurrency’s price spiked, reflecting heightened optimism among trade…

Investors on Edge as Election Approaches With Election Day just hours away, the financial world is watching closely, though no one can say with certainty what the outcome will be. For stock market investors, however, experts are offering a calming message: there’s no need to panic. While some fluctuations are expected as election results start t…

Investor Sentiment Boosted by Upcoming Events Asia-Pacific markets experienced a notable upswing on Monday as investors positioned themselves for a week filled with significant events, including the U.S. presidential election and the Federal Reserve’s monetary policy meeting. This optimism is compounded by anticipation surrounding China’s parlia…

Conflicting Views on the US Economic Outlook The current discourse on the US economy is characterized by polarized views. Some experts contend that the US is not merely approaching a recession but has already entered one. They point to economic indicators like the “Sahm Rule,” a metric that signals potential recessions, which has reportedly trig…

Industrial Profit Plunge Reflects China’s Economic Struggles China’s industrial sector recorded its sharpest profit decline since the onset of the pandemic, with a 27.1% year-over-year drop in September, according to data from the National Bureau of Statistics. This steep fall, surpassing August’s 17.8% decrease, highlights the mounting challeng…

TreeHouse Foods Recalls Waffles Across Major Retailers TreeHouse Foods, a prominent U.S. food manufacturer, has announced a major recall of frozen waffles under various popular brands due to potential contamination with Listeria monocytogenes, a bacterium known for causing severe foodborne illnesses. The recall affects nearly 700 waffle products…