2025-04-12Ravi Mehta
n a significant move to reduce federal spending, the U.S. Department of Defense (DoD) has announced the termination of IT and consulting contracts totaling $5.1 billion. This decision affects major firms such as Accenture, Deloitte, and Booz Allen Hamilton, and is part of a broader initiative to eliminate what the Pentagon deems "wasteful spending" .
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2025-04-12Eva Lobo
US. President Donald Trump finds himself at the center of a major controversy involving allegations of insider trading. A recent series of posts on his social media platform, Truth Social, has sparked suspicion that market-sensitive information might have been used for financial gain before an official policy announcement.
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2025-04-12Eva Lobo
Chinese President Xi Jinping will visit Vietnam, Malaysia, and Cambodia from April 14 to 18 in a strategic diplomatic mission aimed at boosting regional alliances and countering economic pressure from the West. The trip marks Xi’s first overseas journey in 2025 and comes at a time of rising global trade frictions, particularly with the United States.
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2025-04-11Ravi Mehta
In a world grappling with inflation, supply chain volatility, and widening inequality, trade policies have become powerful tools of diplomacy and development. A striking contrast has emerged between the economic strategies of China and the United States.
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2025-04-10Ravi Mehta
Amid a swirl of headlines and speculation, a misleading narrative has taken root — that President Donald Trump asked the U.S. Supreme Court to fire Federal Reserve Chair Jerome Powell. However, a deeper look reveals that the actual legal move is far more nuanced — and Powell's name was never directly mentioned in the formal request.
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2025-04-10Niranjan Ghatule
In a dramatic turn of events that has stirred both political and financial circles, U.S. Senators have called for an urgent investigation into whether President Donald Trump, members of his family, or his administration engaged in illegal financial transactions tied to tariff policy decisions. The letter, dated April 10, 2025
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2025-04-10Niranjan Ghatule
In a welcome development for consumers and markets alike, March Consumer Price Index (CPI) inflation dropped to 2.4%, falling below the market expectations of 2.5%. Even more notably, Core CPI—which excludes the more volatile food and energy components—also eased to 2.8%, down from an expected 3.0%.
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2025-04-10Ravi Mehta
The Fear & Greed Index, a key barometer of investor sentiment, experienced a sharp 14-point surge in a single day, marking one of the most significant daily gains in recent weeks. This uptick followed President Donald Trump’s announcement of a 90-day pause on tariffs, a move that temporarily alleviated fears of escalating trade tensions.
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2025-04-09Niranjan Ghatule
President Trump has announced a dramatic 125% tariff hike on Chinese imports, sparking global headlines and surprisingly bullish reactions in U.S. markets. Dow Jones rallies 6%, Nasdaq jumps 8% following the news.
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