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Walmart family set to buy Denver Broncos

Published

3 years ago

June 9, 2022

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The Denver Broncos look set to break the record as the most expensive American sports franchise and the family behind Walmart are one step away from the purchase

Walmart heir Rob Walton and his family have entered into a purchase and sale agreement for the takeover of the Denver Broncos.

The bid is reportedly worth 4.65 billion US and would more than double the most recent sale of an NFL team, with the Carolina Panthers sold for $2.28 billion in 2018.

Forbes notes that 77-year-old Walton is the 19th-richest person in the world, worth $65 billion.

It’s an interesting time for the Broncos after they signed quarterback and veteran Russell Wilson from the Seattle Seahawks.

The 33-year old has already formed a relationship with former Denver legend Peyton Manning, who helped win their last Super Bowl in 2016.

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US–China trade talks are a handshake, not a deal

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

Published

57 minutes ago

October 31, 2025

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Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.

Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.

#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews

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Markets cautious as rate cut hopes fade

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

Published

1 hour ago

October 31, 2025

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Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.

#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate