Tag: business news
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New York sues Polymarket U.S., two months after filing lawsuit against Kalshi
State attorney general Letitia James claims Polymarket has violated the state’s gambling laws.
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Rising Treasury yields could push car loan rates higher, experts say. What buyers need to know
Bond yields have spiked due to expectations of persistent inflation and further interest rate hikes from the Federal Reserve, which may impact auto loan rates.
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Cat owners are spending more and boosting pet retailers
Spending on cats remains strong despite softening dog sector and tightening consumer discretionary spending.
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An optical stock has been on Josh Brown’s list all year. The chart looks explosive
Sometimes a company is perfectly positioned for a secular change. Josh Brown thinks this optical name is one of them.
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MGM Resorts shares sink 9% after Barry Diller’s People Inc. rescinds takeover offer
Barry Diller’s People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts.
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Philadelphia Fed’s Anna Paulson says ‘modest’ rate moves likely ahead to tame inflation
The policymaker said she and her colleagues may need to raise interest rates further to bring inflation back to target.
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Goldman predicts this global digital bank that just launched in the U.S. could jump nearly 70%
The investment firm has a buy rating on the Brazil-based banking name.
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Buy this cloud infrastructure stock as it leans into short-term contracts, JPMorgan says
CoreWeave is likely to benefit from embracing short-term contracts, allaying fears over its outsized investments and boosting the stock, the bank says.
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As bond rout worsens, a trade Wall Street uses to replace them booms in popularity
The options strategy is known as a “box spread.”
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Oracle shares drop on report it sent ‘force majeure’ notice about data center project
Oracle is looking to delay payment on Project Jupiter, if it fails to come online as expected in 2028
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