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Walmart Revamps Pay Structure, Signaling Labor Market Shift
Walmart (WMT) has implemented a significant shift in its pay structure, reflecting a notable transformation in the labor market, according to a company statement released...
Unemployment Rate Peaks Amidst Labor Market Slowdown
The US labor market is exhibiting signs of deceleration, with job gains in the past three months falling below 200,000, marking a concerning trend, and...
Federal Reserve Holds Rates Amid Inflation Concerns
The Federal Reserve remains steadfast in its resolve not to raise interest rates, even as concerns about surging inflation persist. The U.S. central bank, over...
Arm Holdings IPO Sees Six-Fold Surge in Investor Demand
Arm Holdings Ltd, the renowned chip designer under the ownership of SoftBank Group Corp, is experiencing a surge in investor interest, with demand for its...
SK Hynix Probes Chip Use in Huawei Tech’s Latest Phone
South Korean semiconductor manufacturer SK Hynix is currently probing the presence of its chips in Huawei Technologies newest phone, the Mate 60 Pro, following a...
Goldman Sachs Gears Up for IPO Resurgence with Arm Holdings
In the wake of SoftBank Group’s Arm Holdings’ highly anticipated initial public offering (IPO), Wall Street is buzzing with optimism about the potential breakthrough in...
Analysts Downplay China Impact on Apple iPhone 15 Launch
Apple experienced a 6% drop in its stock earlier this week following reports that Government of China officials instructed central agency employees to refrain from...
Samsung and Apple Clash in Global Smartphone Market Battle
In the ongoing saga of the global smartphone market, two industry behemoths, Samsung and Apple, are locked in a neck-and-neck race for supremacy. As per...
Megacap Tech Shares Stumble as Slowdown Fears Loom
The powerhouse of US stocks, megacap tech shares, is showing signs of a slowdown after months of propelling the market to record-breaking heights. In...
BofA Warns: Bond Yields and Oil Prices Pose Threat
In a recent report, Bank of America (BofA) strategists have raised concerns over the escalating threat of prolonged higher interest rates, potentially undermining hopes for...
