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Tesla, the trailblazing electric vehicle manufacturer, has recently experienced a notable resurgence in its stock price. As of last Friday, shares closed at $251.55, effectively erasing losses incurred earlier in the year and marking a remarkable 27% weekly increase. This turnaround follows a tumultuous journey through 2023, where the stock plummeted from an end-of-year price
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In a major shakeup within the realm of competitive eating, unity and dominance have met their match. The Nathan’s Hot Dog Eating Contest, a cherished annual tradition held on July 4, has seen a remarkable transition in its leadership. Patrick Bertoletti, a seasoned competitor hailing from Illinois, emerged victorious this year by consuming an impressive
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The dynamics of monetary policy are often challenging to navigate, particularly in a fluctuating economic landscape. Recent discussions among the Federal Reserve’s officials during their June meeting underscore this complexity as they grapple with inflation’s persistent grip on the economy. Amid mixed signals regarding economic stability, the Fed remains staunchly focused on achieving its inflation
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Tariff policies have become a focal point of economic discussions in the United States, sparking intense debates among politicians, economists, and the general populace. While both President Joe Biden and former President Donald Trump have leaned into tariffs as a tool for managing international trade, their approaches and the implications of these tariffs reveal a
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Boeing’s recent decision to acquire Spirit AeroSystems, its struggling fuselage supplier, marks a significant turning point in the aerospace giant’s strategy. In an all-stock transaction valued at approximately $8.3 billion, Boeing aims to address ongoing quality control issues that have plagued its aircraft production. This acquisition, planned to finalize by mid-2025, follows a series of
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