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Monday, October 7, 2024

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Walmart Beats Market Expectations in Q2, Raises Full-Year Revenue Forecast

New York, August 15 – Walmart, the largest retailer in the United States, has once again surpassed market expectations with its second-quarter financial results....

Justice Department Endorses $487M Fine for Boeing Over 737 MAX Crashes

Washington, August 15 (FFN) – The U.S. Department of Justice has officially endorsed a settlement agreement that imposes a $487.2 million fine on Boeing...

U.S. Crude Oil Inventories Unexpectedly Rise, Defying Forecasts

Washington, August 14 (FFN) - In a surprising development, U.S. crude oil inventories recorded an unexpected increase last week, marking a departure from six...

Boeing’s Orders Surge in July Thanks to Farnborough Airshow

Chicago, August 14 – Aircraft orders for U.S. manufacturer Boeing surged in July, following a sluggish first half of the year due to quality...

Growth in U.S. Producer Prices Slows in July

Washington, August 13 – The growth in U.S. producer prices slowed in July 2024, indicating further cooling of inflationary pressures. This development brings the...

JPMorgan and Goldman Sachs Pivot to Stability Amid Volatility

New York (FFN) - In a bold response to the recent market turbulence, some of the world's largest financial institutions are making strategic shifts...

Trump Media Struggles as Revenue Falls and Losses Mount, Bets Big on Conservative Streaming

New York (FFN) — Trump Media & Technology Group (TMTG), the parent company of Truth Social, is struggling financially despite its valuation of $5...

U.S. Officials to Travel to China for Economic Talks

Washington, August 12 (FFN) - The U.S. government announced on Monday that it will send a delegation from the Treasury Department and the financial...

Inflation Expectations Among U.S. Households Remained Nearly Unchanged in July

New York, August 12 (FFN) - Inflation expectations among American consumers remained nearly unchanged in July, according to a survey released on Monday by...

Stellantis to Slash 2,450 Jobs as Classic Ram Rides Into the Sunset

DETROIT (FFN) - Stellantis, one of the world's largest and most diversified automakers, is gearing up to lay off as many as 2,450 workers...

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