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U.S. retail sales slowdown sparks new fears ahead of Fed decision
U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.
U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.
Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.
The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.
Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.
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#RetailSales #USEconomy #FederalReserve #ConsumerSpending #EconomicOutlook #MarketUpdate #InterestRates #TickerNews
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Maduro pleads not guilty as U.S. narcotrafficking case begins
Maduro pleads not guilty to US narcotrafficking charges, claiming political motivation in historic legal battle over sovereignty.
Maduro pleads not guilty to U.S. narcotrafficking charges, claiming political motivation in historic legal battle over sovereignty.
Venezuelan leader Nicolás Maduro has pleaded not guilty to narcotrafficking charges in a US federal court, setting the stage for a historic legal battle involving a sitting foreign president.
Maduro insists he remains the legitimate president of Venezuela despite his arrest by US forces, calling the case politically motivated as prosecutors push forward with sweeping allegations.
The case marks a rare and dramatic moment in international law, raising major questions about sovereignty, power and accountability on the global stage.
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#Maduro #Venezuela #USCourts #GlobalPolitics #TickerNews #BreakingNews #WorldAffairs #Justice
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Trump blocks Emcore deal over Chinese takeover fears
Trump blocks HieFo’s acquisition of Emcore, citing national security risks linked to Chinese control of US tech.
Trump blocks HieFo’s acquisition of Emcore, citing national security risks linked to Chinese control of US tech.
President Donald Trump has blocked the acquisition of US semiconductor company Emcore by HieFo Corp, citing serious national security concerns tied to Chinese control. The decision highlights growing scrutiny over foreign investment in sensitive American technology sectors.
The White House order stated that HieFo is controlled by a Chinese citizen and could pose a threat to US national security. Under the directive, HieFo must fully divest its interests in Emcore within 180 days, reversing the deal that had already taken the company private.
The US Treasury Department confirmed it identified a national security risk during its review. Emcore had previously disclosed that HieFo acquired its chips business for nearly $3 million, with the firm co-founded by a former Emcore executive and another individual with deep ties to the company.
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#DonaldTrump #ChinaUS #NationalSecurity #Semiconductors #TechPolitics #ForeignInvestment #USChina #TickerNews
News
Teenagers among 40 killed in New Year’s Eve bar fire in Switzerland
Tragic New Year’s Eve bar fire in Switzerland kills 40, including teenagers, sparking international mourning and safety debates.
Tragic New Year’s Eve bar fire in Switzerland kills 40, including teenagers, sparking international mourning and safety debates.
Several teenagers were among the 40 people killed in a devastating New Year’s Eve bar fire in Switzerland, turning celebrations into tragedy. Authorities say the blaze ripped through the venue within minutes, leaving dozens dead and many more injured.
Police have now identified 16 additional victims, including 10 Swiss nationals and others from multiple countries, underlining the international impact of the disaster. Families and communities across Europe are mourning those lost.
As investigations continue, many survivors remain in critical condition, with officials warning the death toll could still rise in the coming days. The tragedy has reignited debate over venue safety during large celebrations.
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#Switzerland #BreakingNews #NewYearsEve #BarFire #Tragedy #WorldNews #FireInvestigation #Ticker
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