Wall Street
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The U.S. credit rating has been downgraded again. What does that mean?Fitch Ratings cited Washington's rising debt burden and political difficulties in addressing spending and tax policies as the key reasons for reducing its rating from AAA to AA+.U.S. NewsAug 2
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Global stock markets waver to start 2023 after a year of lossesComing off a year of big declines for major stock markets, traders worry central banks might be willing to push the world into recession to cool inflation.MoneyJan 3
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Stocks fall as COVID-19 lockdown protests in China spreadStocks fell in afternoon trading on Wall Street Monday as protests spread in China calling for President Xi Jinping to step down amid growing anger over COVID-19 restrictions.EconomyNov 28, 2022
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Wall Street closes sharply higher, marking 1st weekly winning streak since AugustThe S&P 500 rose 2.5% Friday and marked its first back-to-back weekly gain since August.MoneyOct 28, 2022
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Apple profits exceed Wall Street targets but iPhone sales not as strongApple Inc AAPL.O on Thursday reported revenue and profit that topped Wall Street targets, although iPhone sales were not as strong.TechOct 27, 2022
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U.S. stocks end mixed following weak reports from Meta, MicrosoftEarnings have been the big focus for Wall Street, but markets got some encouraging economic news as the government reported the U.S. economy returned to growth last quarter.WorldOct 27, 2022
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Shopify shares surge as execs chart path back to profitability following layoffsShopify's shares surged on Thursday as its president said the e-commerce company will return to profitability following missed bets and layoffs earlier this year.TechOct 27, 2022
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Walmart cuts outlook over inflation pains, sending shockwaves through Wall StreetWalmart shares dropped nearly eight per cent after the retail giant cut its profit outlook for the year, citing lower discretionary spending amid inflation.EconomyJul 26, 2022
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U.S. stocks erase gains after Apple hiring report causes company shares to dipApple shares reversed course to close down 2.1 per cent on a Bloomberg report that said the company plans to slow hiring and spending growth next year.EconomyJul 18, 2022
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Warren Buffet gives investors details about spending over $51 billion this yearWarren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than $50 billion earlier this year.WorldApr 30, 2022
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