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Ray Dalio: 'The Magnificent Seven' Stocks Are 'So Expensive'

Billionaire Ray Dalio warns against investing in expensive "Magnificent Seven" stocks like Amazon and Nvidia due to rising interest rates and US debt concerns.

US Stocks Close Higher After Trump Speech at Davos

U.S. stocks closed in the green on Thursday with the S&P 500 (^GSPC) nabbing a fresh record close as investors stayed attuned to remarks from President Donald Trump, who addressed the World Economic Forum in Davos.

Trump Signs Executive Action on Cryptocurrency, Creating Presidential Working Group and Prohibiting CBDCs

President Trump signed an executive action to coordinate crypto regulation and evaluate a national digital asset stockpile. The order prohibits central bank digital currencies and revokes a Biden-era study on crypto assets.

Yuan Gains as Trump Softens Tariff Tone

China's yuan strengthens as Trump softens trade rhetoric, boosting risk assets

MTA's Record $68.4B Capital Plan to Spur $106B in Economic Activity

MTA's $68.4B modernization plan to boost NY economy by $106B, create 72,700 jobs, according to EY report commissioned by Partnership for New York City.

EU Antitrust Battles With US Tech Giants Draw Fire From Trump

President Trump criticizes the EU's antitrust actions against American tech giants like Apple, Google, Meta, Amazon, and Microsoft, calling it a form of taxation. The EU has fined these companies billions of dollars for alleged anti-competitive practices, such as abusing market dominance and violating data protection rules. Amidst ongoing antitrust battles between the US and Big Tech, Trump's defense of these companies raises questions about the future of tech regulation in the US.

Brazil Poised to Capitalize on US Paris Pullout in Climate Investment

Brazil's energy minister says US withdrawal from Paris Agreement opens investment opportunities for Brazil.

AmCham China Survey: Majority of American Businesses Concerned About Deterioration in U.S.-China Relationship

Half of American businesses in China are concerned about a further deterioration in the bilateral relationship between the U.S. and China, a survey by the American Chamber of Commerce in China shows.

Oil Dips on Tariff Uncertainty

Oil prices dip amid uncertainty over impact of proposed tariffs on global economic growth and energy demand.

European Stocks Extend Gains, Adidas Results Boost

European stocks continue upward trend with healthcare and Adidas leading gains.