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Saudi Arabia’s $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump
Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.
BuzzBallz founder, husband purchase Plano home for record $15.9M
The founder of BuzzBallz, the Carrollton-based company that produces spherical cocktails to go, has purchased a Plano home for a record-breaking $15.9 million. Collin County deed records show that
Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with
The Arena Group reports first-quarter earnings
The Arena Group, parent company of TheStreet, Parade, Men's Journal, Athlon Sports and more, issued its latest quarterly earnings report.
Asian shares are mixed after Wall Street's rally steadied
Shares were mixed Friday in Asia after Wall Street drifted higher as reports suggested the Federal Reserve may have more leeway to cut interest rates later this year to support the U.S. economy if it
Trump says India has offered America ‘no tariffs’, but India says deal not yet complete
President Donald Trump said on Thursday that India has offered to eliminate tariffs on the United States as part of a potential trade deal – but New Delhi soon poured cold water on Trump’s claims,
U.N. predicts slower global economic growth following Trump’s tariffs and trade tensions
The United Nations on Thursday forecast slower global economic growth this year and next, pointing to the impact of the surge in U.S. tariffs and increasing trade tensions.
Stocks close mixed Thursday as tariffs continue to weigh on sentiment
Government data showed retail spending was strong in April, but major retailers have warned tariffs would undo that.
Walmart's warning for pricier baby strollers, electronics, and toys could be bad news for Best Buy, Mattel, and others
Walmart's (WMT) tariff warning on Thursday could be a red flag for the fortunes of other retailers. "More discretionary retailers may face a murkier outlook than Walmart," CFRA analyst Arun Sundaram
Michael Burry’s Scion bets against Nvidia, turns bearish on Chinese stocks
Michael Burry’s Scion Asset Management made some major changes to its portfolio during the first quarter, according to a filing with the SEC released on Thursday.
One of America’s biggest companies is imploding
UnitedHealth Group, one of America’s biggest corporations and a member of the exclusive Dow Jones Industrial Average, is suddenly unraveling.
Michigan's jobless rate remains unchanged in April but signs point to future increases
Michigan's unemployment rate remained unchanged in April at 5.5% after increasing for three consecutive months.
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