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NICHOLAS HYETT
First inflation report since Donald Trump's 'Liberation Day' tariffs announcement surprises everyone; will Fed Chair Jerome Powell cut rates?US inflation edged up 2.3% in April, slightly below expectations, sparking optimism in financial markets. Nasdaq and S&P 500 futures saw ga...- BP profits surge as oil and gas prices bounce back"This has been another good quarter for BP - our businesses are generating strong underlying earnings and cash flow while maintaining their...
- Microsoft profits soar amid surging cloud demandPeople working and studying from home bought new PCs and video consoles, spurring Microsoft Windows operating system and video game busines...
- Tesla shares drop on lack of clear forecast amid global chip crunch"A global shortage of computer chips is expected to limit production from all manufacturers in the immediate future, and Tesla won't be exe...
- UK postal operator Royal Mail cuts 2,000 jobsBritain's postal operator Royal Mail, whose workers have helped the nation cope with the coronavirus lockdown, said Thursday it will axe 2,...
- Tesla's Q1 results: Profit streak not derailed by coronavirus as auto industry braces for lossesShares of the company were up more than 8% at $870 in extended trade.
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