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Global Economies Forecast to Grow Slightly More Than Initially Anticipated In a surprising turn of events, the U.S. and global economies are expected to grow at a slightly faster pace than initially predicted, according to recent forecasts. This upward revision is largely attributed to the unintended consequences of the
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Goldman Sachs Reports Strong Q3 Earnings Overview On October 14, 2025, Goldman Sachs Group, Inc., a leading multinational investment bank and financial services company, released its financial results for the third quarter ended September 30, 2025. In this article, we will summarize the key highlights of the earnings report. Financial
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New Car Buyers Face Steep Price Hike According to a recent report by Kelley Blue Book (KBB), new car buyers in the US can expect to pay an average of over $50,000 for their first vehicle. This marks a significant increase from previous years and highlights the growing trend
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OpenAI Lands Significant Chipmaking Deal with TSMC In a recent development, technology giant Taiwan Semiconductor Manufacturing Company (TSMC) has announced its partnership with artificial intelligence (AI) firm OpenAI. This strategic alliance aims to accelerate OpenAI's pursuit of computing power and position the AI firm for even greater success
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Social Security Administration Announces Delay in Cost-of-Living Adjustment Due to Government Shutdown The Social Security Administration (SSA) has announced that its annual announcement setting next year's cost-of-living adjustment (COLA), also known as the COLA increase, will be delayed due to the ongoing government shutdown. Background on COLA The
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Walmart Partners with OpenAI to Revolutionize Online Shopping Experience In a bid to stay ahead of the competition, Walmart Inc. has announced a strategic partnership with OpenAI, the developer of the popular chatbot platform ChatGPT. This collaboration aims to enable shoppers to browse and purchase Walmart's products directly
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MGM Yonkers Inc. Withdraws Commercial Casino License Application In a move that has sent shockwaves through the gaming industry, MGM Yonkers Inc., a subsidiary of MGM Resorts International, announced today that it is withdrawing its commercial casino license application to the New York Gaming Commission. Background MGM Resorts International, one
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Crypto Markets React to Trump's Tariff Threat: A Shift in Sentiment The crypto market experienced a significant shift in sentiment following President Donald Trump's latest tariff threat. In this article, we will delve into the details of the news and analyze its impact on Bitcoin and
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Stellantis Unveils $13 Billion Investment Plan for US Manufacturing Revival In an effort to revitalize its manufacturing capabilities in the United States, Stellantis, the parent company of Chrysler, Jeep, and Ram, has announced a significant investment of $13 billion over the next four years. This substantial commitment aims to boost
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OpenAI's ChatGPT to Allow More Mature Content In a move that has sent shockwaves through the tech community, OpenAI, the company behind the popular AI-powered chatbot ChatGPT, is planning to relax its content restrictions. According to reports, the company will allow a wider range of topics on its
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Disclaimer The following summary is based on the provided text from Investor's Business Daily (IBD) and serves as a general informational resource. It should not be considered as investment advice or an offer to buy/sell any security. Summary The provided text from IBD includes a disclaimer stating
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China's Rare Earth Export Restrictions: A Shift in Global Power Dynamics In a move that has sent shockwaves throughout the world, China has implemented sweeping new restrictions on rare earth exports. These restrictions, which have been in place since 2020 but were recently tightened, have jolted governments and