The Federal Reserve will effectuate the first raise interest rates at its 16 March meeting in an attempt to put confront inflation. The big question now is whether policymakers will boost rates by a quarter of a percentage point or a half-point. But there are some Wall Street experts who …
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The Trump administration imposed metal tariffs on dozens of countries in 2018, saying that a excess of foreign steel and aluminum threaten US manufacturers out of business and pose a national security threat.The Nippon Steel Corp. plant in Kashima, Japan, in 2018. The Biden administration is expected to announce on …
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Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts, Mohamed Hashad, was a guest on Dubai Channel to comment on the most outstanding developments in the financial markets today and throughout the current week. US-China Virtual Summit in Spotlight The markets …
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Facebook’s earnings in the three months ended June 30 beat expectations and posted the fastest revenue growth since 2016. But Facebook shares fell 5% in after-hours trading after the social media company said it expects revenue growth to slow in the coming quarters. And earnings per share came to $3.61, …
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The proceedings of former United States President Donald Trump’s second impeachment trial in the U.S. Senate began earlier today. For hours on Tuesday, Democratic members of the House of Representatives who are impeachment managers as well as Trump’s defense team debated the constitutionality of the impeachment trial. Trump’s lawyers argue …
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The Wall Street Journal reported Saturday that former President Donald Trump has considered replacing the acting attorney general with an official willing to pursue unfounded allegations of election fraud and pushing the Justice Department to demand the Supreme Court invalidate President Joe Biden’s victory. The newspaper added, citing people familiar …
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The United States House of Representatives will reportedly deliver the single article of impeachment against former President Donald Trump to the Senate on Monday, according to Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi. The Senate is set to witness the second trial of Trump; however, removal from …
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The United States House of Representatives on Wednesday impeached President Donald Trump, making him the first president in the history of the U.S. to be impeached twice. All Democrats plus 10 Republicans in the house voted in favor of the articles of impeachment, which charged Trump with inciting an insurrection. …
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The United States House of Representatives is going through on Wednesday with impeachment procedures against President Donald Trump. This would be the first time in U.S. history that a president is impeached twice. It has been reported that some Republicans in the House are set to vote in favor of …
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The New York Times reported that Deutsche Bank decided not to conduct future activities with US President Donald Trump or his companies, following the attack by his supporters on the US Congress building. Deutsche Bank is Trump’s largest lender, as Trump’s disclosures to the US Government Ethics Office and banking …
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