Market
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My son’s credit-card company will write off $10K on a $25K debt. Should he accept or declare bankruptcy?
“What are the negative consequences of a second bankruptcy?” Source link
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Is Meta’s stock in trouble? OpenAI’s new app has Wall Street worried.
OpenAI’s Sora app could fundamentally change the social-media landscape and leave Meta scrambling to catch up. Source link
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AppLovin has been one of the year’s hottest stocks. Here’s why it’s tumbling today.
A report says the SEC is probing the app-monetization company’s practices. AppLovin says it regularly engages with regulators and would…
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This chart shows the U.S. labor market is running on fumes. Why that’s a risk for the stock market.
A weakening U.S. labor market is a risk for both the U.S. economy and markets right now. But the most…
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Oracle’s stock leaps on TikTok deal, but a major concern persists
Trump administration officials on Monday talked up the TikTok deal that they’ve helped arrange and provided more details about the…
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Miran set to vote at this week’s Fed meeting. Here’s what to expect on Wednesday.
The Republican-controlled Senate on Monday voted in favor of President Donald Trump’s nominee for Federal Reserve governor, Stephen Miran, ending…
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Nebius’ stock is surging. Why Microsoft just inked a deal with the cloud company.
CoreWeave’s stock is rising as well, as big hyperscalers could partner more with neoclouds to meet booming AI demand. Source…
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Gold hits new high on rising uncertainty, while U.S. stock futures little changed
U.S. stock-market futures were flat Monday while gold futures hit a new all-time high, amid uncertainty around the Fed’s independence…
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Trump says he’s fired Fed governor Lisa Cook, in move to control U.S. central bank board
The action could cause investors to question the independence of the U.S. central bank and face legal obstacles. Source link
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Intel’s stock rallies after $2 billion investment by Japan’s SoftBank
Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan’s SoftBank Group…
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