May 19, 2025
Tesla blocks stockholders with less than 3% shares from suing officers on its behalf
Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for breach of duties, according to a filing with the SEC. 3% of Tesla’s shares amounts to $34 billion as of Friday’s close.
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May 15, 2025
Oil falls after US crude inventories rise
Oil prices eased after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies. Both benchmarks traded close to their highest in two weeks in the previous session, lifted by a temporary cut in U.S.-China tariffs.
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May 15, 2025
S&P 500 closes slightly higher, investors wait for data
The S&P 500 closed slightly higher after flitting between gains and losses during the session as investors waited for the next batch of economic data after a robust start to the week spurred by soft inflation data and a U.S.-China tariff truce.
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May 15, 2025
Gold prices fall to over one-month low
Gold prices dropped more than 2%, hitting an over one-month low, as rising trade optimism boosted risk appetite, leading investors to shift away from bullion. U.S. gold futures settled 1.8% lower.
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May 14, 2025
Trump calls on Fed to cut rates, saying prices of ‘practically everything’ are down
U.S. President Donald Trump repeated his call for the Federal Reserve to lower interest rates, saying prices for gas, groceries and “practically everything else” are down. “The FED must lower the rate, like Europe and China have done,” Trump said.
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May 14, 2025
Crude oil climbs on tariff cuts, economic outlook
Crude oil futures climbed, lifted by a temporary cut in U.S.-China tariffs and a better-than-expected inflation report. The two benchmarks rose strongly in the previous session after the U.S. and China agreed on sharp reductions to their import tariffs for at least 90 days. The last session saw the Oil rise 0.9% against the Dollar. […]
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