Former President Donald Trump found guilty in hush money trial on all counts
On Thursday, the Internal Revenue Service (IRS) announced the decision to make Direct File a permanent method for filing federal tax returns starting with the 2025 tax season. This follows a successful pilot during the 2024 filing season, where over 140,000 taxpayers in 12 states utilized Direct File. The IRS is now looking to broaden the program's reach, including a potential expansion to cover more tax situations and to collaborate with all interested states next... (continue reading...)
California PUC Sides With Utilities On Community Solar, California Decision Is Blow To Solar In The State - Bloomberg
WASHINGTON (Reuters) - U.S. President Joe Biden has secretly given Ukraine permission to strike inside Russia - solely near the area of Kharkiv - with American weapons, Politico reported on Thursday, citing a U.S. official and two other people familiar with the plan.
“The president recently directed his team to ensure that Ukraine is able to use U.S. weapons for counter-fire purposes in Kharkiv so Ukraine can hit back at Russian forces hitting them... (continue reading...)
While the expectations for rate cuts have diminished lately amid persistently high inflation, gold prices have continued to exhibit strength due to various underlying positive factors, Macquarie commodity strategists said in a report.
The research firm observed that gold prices have reached new highs, driven by dynamics other than U.S. interest rates and the dollar. The yellow metal has benefited from a broader risk-on sentiment in the metals markets.
Gold prices have... (continue reading...)
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Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2
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Fed officials see inflation falling, signal no rush to cut rates
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S&P 500 Index Resumes Ticking For First Time Since 10:41 Am NY - Bloomberg
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CME Confirms No Index Pricing Currently Being Generated - CNBC
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Tech sector looks very expensive: Barclays
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Midday movers: Salesforce, Kohl's and Agilent fall; Foot Locker, HP rise
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Jefferies Highlights Robust Domestic Equity Inflows Amid Rising Risks
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Elon Musk to testify in SEC probe over Twitter stock disclosures
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How BHP's failed six-week pursuit of Anglo American unfolded
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Best Buy shares surge 11% on earnings beat despite sales decline
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Goldman sees limited upside and downside risk for stocks amid rising yields
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Morgan Stanley's survey shows Microsoft remains the early AI leader
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Buy post-earnings weakness in Salesforce stock: Wedbush
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Maxeon Solar shares crash 50% on weak results and worse-than-expected outlook
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Exclusive-Google, augmented reality startup Magic Leap strike partnership deal
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SAP shares fall after peer Salesforce's guidance disappoints estimates
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Chip stocks likely to continue trading higher: JPMorgan
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Tesla preparing to register full self-driving software in China - Reuters
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Musk's $56 billion pay package opposed by CalPERS, CNBC reports
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Elon Musk could become policy adviser if Trump wins election, WSJ reports
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Meta identifies networks pushing deceptive content likely generated by AI
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Regional lender Bank OZK plunges as Citi turns bearish over loan concerns
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Midday movers: Marathon Oil, Dick's and Chewy rise; American Airlines falls
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BHP walks away from $49 billion takeover offer for Anglo American
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OpenAI signs content deals with The Atlantic and Vox Media
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Dell stock target lifted at BofA on AI momentum; shares rally
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PayPal releases its stablecoin natively on Solana blockchain
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Cleveland Fed taps former Goldman executive Hammack for president's job
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Wells Fargo CEO says corporate business, trading held back by asset cap
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Best Buy set for tenth straight quarter of sales drop on weak electronics spending
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Wall St drops as rate worries push bond yields higher
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MicroStrategy is up nearly 1,100% since making Bitcoin pivot in 2020
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Aethon Energy to buy Tellurian upstream assets for $260 million
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American Airlines CEO vows a reset as downbeat outlook sinks shares
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Robinhood stock adds 3% after initiating $1 billion stock buyback program
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Verizon adds Peacock to streaming hub, offers discounted YouTube premium plan to customers
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AI darling Nvidia's market value surges closer to Apple
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Hess shareholders approve merger with Chevron
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Midday movers: Nvidia, Apple and GameStop rise; Tesla, DraftKings fall
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Federal Reserve taking cautious approach to interest rate cuts - Macquarie
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Activist investor Elliott discloses $2.5 billion stake in Texas Instruments
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Nike partially wins appeal over stripes dispute with Adidas in Germany
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JPMorgan analysts lower Boeing cash flow estimates
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Riot Platforms proposes to buy crypto miner Bitfarms, becomes largest shareholder
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T-Mobile to buy US Cellular's wireless operations in $4.4 billion deal
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Momentum traders likely to continue adding to equity longs: BofA
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UBS lifts S&P 500's year-end target to Street high of 5,600
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Analysis-Weight-loss drug forecasts jump to $150 billion as supply grows
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NASA, Boeing clear two technical hurdles for Starliner's debut crew flight
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Midday movers: Nvidia, Deckers rise; Intuit, Workday fall