New home sales in the United States drop to their lowest level in two years, reflecting a 17% decline in October compared to September. Government data reveals that the annualized …
Category:
Business
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Business
Walmart Scales Back DEI Efforts and LGBTQ Merchandise Amid Conservative Pushback
by supportby supportWalmart, the nation’s largest employer with approximately 1.6 million U.S. employees, is scaling back its diversity, equity, and inclusion (DEI) initiatives and removing certain LGBTQ-related merchandise from its website. This …
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In a surprising turn of events, the Federal Reserve’s recent rate cuts have failed to provide relief to millions of American homeowners and prospective buyers. Despite the Fed lowering its …
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The Adani Group, one of India’s largest conglomerates, is reeling from a massive market selloff following the indictment of its billionaire chairman, Gautam Adani, by US prosecutors. The charges, which …
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Bluesky, the decentralized social media platform, is experiencing a significant surge in user adoption, positioning itself as a formidable competitor to X, formerly known as Twitter. This growth is notably …
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Business
Retailers Express Concern Over Trump’s Proposed Tariffs; Consumers May Face Higher Prices
by supportby supportPresident-elect Donald Trump’s proposal to implement a 10-20% tariff on all imports has sparked significant concern among retailers and consumers alike. Industry experts warn that such tariffs could lead to …
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In a landmark antitrust case, the U.S. Department of Justice (DOJ) is reportedly seeking to compel Google’s parent company, Alphabet, to sell its Chrome browser. This demand comes in the …
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Business
Retail Sales Rise 0.4% in October, Signaling Economic Momentum Ahead of Holiday Season
by supportby supportRetail sales in the U.S. increased by 0.4% in October, indicating resilience in consumer spending as the holiday shopping season approaches. The Census Bureau reports estimated sales of nearly $719 …
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Business
Spirit Airlines Files for Chapter 11 Bankruptcy Amid Financial Turbulence
by supportby supportSpirit Airlines, the low-cost carrier headquartered in Dania Beach, Florida, has filed for Chapter 11 bankruptcy following financial challenges that have mounted over recent months. Despite the filing, the airline …
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23andMe, a leading DNA testing company known for analyzing millions of users’ genetic data, is now under scrutiny as it faces financial difficulties. As the company navigates these challenging times, …
