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America's Largest Bank Moves to Shed $4 Billion Private Equity Risk
JPMorgan Chase is seeking to transfer risk on $4 billion worth of loans tied to private equity firms as the industry faces an extended downturn. The n…
By Hayden Walsh · May 23, 2026
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Trump Administration Awards IBM $1 Billion for America's First Quantum Foundry
IBM's stock surged after the Trump administration announced a $1 billion grant to support the tech giant's quantum foundry project, potentially making…
By Reese Coleman · May 23, 2026
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Federal Reserve Proposes Limited Payment Accounts for Financial Innovation
The Federal Reserve Board is seeking public feedback on a new proposal to create specialized "payment accounts" that eligible financial institutions c…
By Jordan Hayes · May 22, 2026
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Walmart Reports Strong Sales Growth But Cuts Outlook Amid Gas Price Pressure
Walmart is set to release its fiscal first-quarter earnings results before market open, providing investors and analysts with important insights into …
By Hayden Walsh · May 22, 2026
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Meta Cuts 8000 Jobs While Offering Generous Severance Packages
Meta has started sending layoff notifications to approximately 10% of its workforce, which will eliminate around 8,000 positions across the company. T…
By Taylor Reed · May 21, 2026
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Nvidia Earnings Set to Reveal AI Chip Future Amid China Uncertainty
Nvidia is set to release its latest earnings report, with investors focusing on three key areas beyond the headline numbers. Analysts will be watching…
By Cameron Brooks · May 21, 2026
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Treasury Yields Hit 17-Year Highs as Bond Market Faces Historic Test
US Treasury yields on longer-term bonds are surging to levels not seen since 2007, creating a dilemma for global investors. While the high yields pres…
By Casey Morgan · May 20, 2026
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Home Depot Homeowners Defy Economic Headwinds With Steady Spending
Home Depot exceeded Wall Street expectations for both revenue and earnings despite some customers scaling back on larger home improvement projects. Th…
By Reese Coleman · May 20, 2026
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UK Lender Collapse Exposes Hidden Risks in Global Credit Markets
The collapse of UK lender MFS is causing significant concern among major U.S. credit companies. The fallout has intensified worries that problems with…
By Jamie Sullivan · May 19, 2026
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Australia's Mining Billionaire Invests $100 Million in US Defense Giants
Australia's wealthiest person, Gina Rinehart, invested nearly $100 million in American weapons manufacturers during the first quarter of 2024. The min…
By Hayden Walsh · May 19, 2026
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Experience Beats Automation as AI Shifts Hiring Toward Senior Workers
Artificial intelligence is shifting workplace dynamics in favor of experienced employees, according to new analysis. CEOs are increasingly turning to …
By Jamie Sullivan · May 18, 2026
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Rising Yields Threaten Stock Rally as Nvidia Earnings Loom
Major stock indexes saw their weekly gains wiped out as rising bond yields pressured markets, with small-cap stocks taking the biggest hit. Despite st…
By Cameron Brooks · May 18, 2026
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SpaceX Prepares Historic IPO Filing With Trillion Dollar Valuation
SpaceX is reportedly preparing to go public, with plans to file for an IPO as early as Wednesday. Elon Musk's aerospace company aims to begin formal m…
By Morgan Ellis · May 17, 2026
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Presidential Trading Account Logs 3,642 Transactions Worth Up to $750 Million in First Quarter
A new filing shows that a brokerage account held in Donald Trump's name executed 3,642 trades during the first quarter, raising questions about potent…
By Avery Bennett · May 17, 2026
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Bond Markets Force Fed Into Corner Before Warsh Takes Charge
Bond markets are preemptively pushing interest rates higher in anticipation of Kevin Warsh becoming the new Federal Reserve chair. This market reactio…
By Morgan Ellis · May 16, 2026
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AI Chipmaker Cerebras Delivers Massive IPO Pop But History Warns of Trouble Ahead
AI chipmaker Cerebras completed 2026's largest IPO to date, with investor demand exceeding available shares by more than 20 times. The massive oversub…
By Sydney Parker · May 16, 2026
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Cisco Cuts 4000 Jobs Despite Record Revenue to Fund AI Push
Cisco is laying off approximately 4,000 employees despite posting record revenue. The Silicon Valley tech company says it's redirecting spending towar…
By Reese Coleman · May 15, 2026
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Kevin Warsh Confirmed as Fed Chair Despite Rising Inflation Concerns
The Senate has confirmed Kevin Warsh as the new Federal Reserve chair in a largely party-line vote. Warsh has pledged to significantly reform the cent…
By Cameron Brooks · May 15, 2026
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Global Oil Shortages Begin as Strait Closure Depletes Stockpiles
Chevron's CEO has warned that physical oil shortages are beginning to emerge as the global economy rapidly depletes its oil and refined products stock…
By Drew Mitchell · May 14, 2026
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Grocery Prices Hit Highest Spike Since August 2023
Americans faced higher grocery bills in April as food prices for home consumption jumped 2.9% compared to the previous year, marking the steepest annu…
By Avery Bennett · May 14, 2026
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Byron Allen Rescues Struggling BuzzFeed with $120 Million Takeover
Media mogul Byron Allen has agreed to acquire a controlling stake in BuzzFeed and take over as CEO, providing a crucial lifeline for the struggling di…
By Jordan Hayes · May 13, 2026
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Nvidia Hits Record High as Wall Street Eyes Trillion-Dollar AI Earnings
Nvidia shares reached a new record high as investor enthusiasm for artificial intelligence continues to drive the stock upward. The chipmaker, which h…
By Quinn Foster · May 13, 2026
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Millions of Seniors Face Hidden Poverty Crisis in America's Suburbs
Growing numbers of elderly Americans are falling into poverty in suburban areas where social services are limited and public transportation is scarce.…
By Cameron Brooks · May 12, 2026
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Shoppers Ditch Traditional Supermarkets for Discount Stores
Economic pressures are driving more consumers away from traditional supermarkets toward discount grocery stores and warehouse clubs. Shoppers are prio…
By Sydney Parker · May 12, 2026