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AT&T Faces Uphill Battle Despite Appealing Dividend Yield
AT&T (T) stock, boasting an enticing dividend yield nearing 8%, has failed to captivate investors amid a tumultuous 2023, witnessing a year-to-date decline of 20%....
Instacart Gears Up for IPO, Igniting Market Buzz
Online grocery delivery startup Instacart is gearing up for its highly anticipated initial public offering (IPO), setting the stage for a potential boost to the...
Chinese Government Expands iPhone Restrictions
The Chinese government is set to expand its restrictions on the use of iPhone within sensitive departments to encompass government-backed agencies and state-owned enterprises, signaling...
Zaslav Praises ‘Barbie’ Success at Warner Bros. Discovery
Warner Bros Discovery CEO David Zaslav offered insights into the phenomenal success of the recent marketing campaign for the “Barbie” movie during his keynote address...
Unemployment Claims Plummet, Labor Department Reports
In a surprising turn of events, the number of first-time unemployment claims in the United States plummeted last week to the lowest level since February,...
Stocks Decline as Interest Rates Trigger Concerns
Stocks on Wall Street experienced a sharp decline at Thursday’s opening bell, driven by mounting indications of an overheating US economy, which led investors to...
Inflation and Geopolitical Turmoil Shake Stock Market
On Wednesday, the stock market endured another tumultuous day as investors grappled with mounting concerns over inflation and geopolitical tensions. The S&P 500 (^GSPC) registered...
Biden Drives EV Manufacturing Jobs Boom
The Biden Administration’s ambitious efforts to propel the electric vehicle (EV) transition in the United States are yielding substantial dividends, with fresh data from the...
Federal Reserve’s Beige Book Signals Economic Challenges
In a report released on Wednesday, the Federal Reserve’s Beige Book presented a somber outlook, indicating the likelihood of further deceleration in wage growth and...
Apple Faces Stock Decline Over China’s iPhone Ban
Apple saw a sharp decline in its stock price on Wednesday, marking one of its worst single-day drops since early August. The decline came on...