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Category: Economy

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Economy Bloomberg
68d ago
Arnault Tightens Grip on LVMH as His Stake Crosses the 50% Mark

French billionaire Bernard Arnault, Europe’s richest man, further tightened his grip on LVMH after he delivered on a promise to …

Bernard Arnault has increased his stake in LVMH to over 50%, solidifying his control over … High (70%)
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Economy Bloomberg
68d ago
Spirit Aviation Strikes Deal to Exit Chapter 11 Later This Year

Spirit Aviation Holdings Inc. announced Tuesday that it has struck an agreement with noteholders that will allow the budget airline …

Spirit Aviation Holdings Inc. has reached an agreement with noteholders to exit Chapter 11 bankruptcy … High (90%)
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Economy Bloomberg
68d ago
Pritzker Scores Win as Japanese Manufacturer Expands to Chicago

A Japanese manufacturer of high-precision machine tools is expanding its business to Chicago, a win for Illinois Governor JB Pritzker, …

A Japanese manufacturer is expanding its business to Chicago, marking a win for Illinois Governor … High (90%)
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Economy Bloomberg
68d ago
Cheap Stocks Are Harder to Find as Investors Rotate Out of US

Attractive equity valuations in Europe and Japan were a big draw for investors looking beyond US stocks. The bad news: …

Investors are rotating out of US stocks and into European and Japanese equities, but the … High (80%)
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Economy Bloomberg
68d ago
US Lending Agency Wants to Be More Like a Sovereign Wealth Fund

A government agency traditionally responsible for development lending abroad aims to be more like a sovereign wealth fund, a key …

The US lending agency, traditionally focused on development lending, aims to adopt a model similar … High (80%)
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Economy Bloomberg
68d ago
Goldman Sachs Set to Move Into Credit Suisse’s Iconic Milan HQ

Goldman Sachs Group Inc. is set to move into the landmark Milan office that was Credit Suisse Group AG’s headquarters …

Goldman Sachs is expanding its presence in Italy by moving into Credit Suisse's former Milan … High (90%)
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Economy Bloomberg
68d ago
French Power Prices Drop to Lowest Since June as Solar Surges

French month-ahead power slid to the lowest since June as a surge in solar generation pushed down spot prices.

French power prices have dropped to their lowest level since June due to an increase … High (90%)
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Economy Bloomberg
68d ago
Fed's Goolsbee on Inflation Risk, Tariffs and Powell

Federal Reserve Bank of Chicago President Austan Goolsbee says he is more concerned about inflation amid a "steady" job market. …

Federal Reserve Bank of Chicago President Austan Goolsbee expressed concerns about inflation due to a … High (80%)
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Economy Bloomberg
68d ago
Colombia Slaps 30% Reciprocal Tariffs on Ecuador to Ramp Up Spat

Colombia slapped 30% reciprocal tariffs on more than 60 goods from Ecuador, escalating a trade dispute between the two neighboring …

Colombia has imposed 30% tariffs on over 60 Ecuadorian goods, escalating a trade dispute between … High (90%)
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Economy Bloomberg
68d ago
Goolsbee Calls Powell 'First Ballot Hall of Fame Fed Chair'

"I'm a big supporter of his," Federal Reserve Bank of Chicago President Austan Goolsbee says when asked about Fed Chair …

Federal Reserve Bank of Chicago President Austan Goolsbee expressed strong support for Fed Chair Jerome … High (90%)
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Economy Bloomberg
68d ago
MAGA Meets Europe: Trump’s Envoys Rip Up Diplomatic Playbook

At least Bill White, Donald Trump’s ambassador to Brussels, showed up when summoned by the foreign ministry over some undiplomatic …

Donald Trump's envoy to Brussels, Bill White, has been summoned by the Belgian foreign ministry … High (70%)
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Economy Bloomberg
68d ago
US Banks Show Gains in Key Metrics Despite Profit Dip, FDIC Says

US banks showed broad gains in key metrics during the fourth quarter despite a modest decline in overall profit, and …

US banks reported gains in key metrics, including deposits and lending, despite a decline in … High (80%)
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