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Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Bill Simon, who ran Walmart from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs.Read More...
Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.Read More...
EToro IPO filing cites Israel-Hamas conflict as potential business risk
The Israel-Hamas conflict and geopolitical tensions in the region could hurt eToro's operations, the company said in the risk factors of its IPO filing.Read More...
Key AI hub China restricts schoolchildren’s use of the tech
China is restricting how much children can use generative artificial intelligence in schools, according to a local release citing the Ministry of Education.Read More...
Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old
"I didn't really start getting old ... until I was about 90," Buffett said. "But when you start getting old, it does become—it's irreversible."Read More...
New York AG sues Capital One after Trump-led CFPB drops similar case
New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit.Read More...
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