Apple Faces Downgrades Amid Weak iPhone Sales and AI Struggles
What Happened
Jefferies analyst Edison Lee downgraded Apple (AAPL) to Underperform, reducing the price target by 13% to $200.75, citing weak iPhone sales and lackluster...
Biden Issues Preemptive Pardons for Trump Critics and Family Members
What Happened
On his final day in office, President Joe Biden issued a sweeping set of preemptive pardons, shielding key critics of President-elect Donald Trump...
U.S. Stocks Dip as Investors Assess Earnings and Fed Rate Cut Outlook
Market Pulls Back After Strong Rally
U.S. stocks edged lower on Thursday, giving up some gains from the previous session as investors analyzed corporate earnings...
Russia’s Hidden War Financing Poses Economic Threat
Russia’s Shadow Economy Funds Military Spending
Russia is financing its record military spending through a hidden strategy that poses a major risk to its economy,...
Israel and Hamas Reach Phased Ceasefire Agreement
Breaking the Cycle of Violence
After 15 months of relentless conflict that has devastated Gaza and displaced millions, Israel and Hamas have reached a phased...
US Core Inflation Eases for the First Time Since July, December CPI Shows
Key Inflation Data
The Consumer Price Index (CPI) for December revealed that core inflation, which excludes volatile food and energy prices, rose 0.2% month-over-month, down...