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Real-time News
U.S. Senator Warren has asked the U.S. Securities and Exchange Commission (SEC) to investigate the cryptocurrency company owned by President Trumps family.
Mexican President Sinbaum: The trade agreement with the EU will not affect the USMCA.
U.S. EIA natural gas inventories for the week ending May 8 were 85 billion cubic feet, in line with expectations and down from 63 billion cubic feet previously.
Ford Motor Company (FN) shares rose 10%, bringing the two-day gain to 25%.
On May 14th, data released by the U.S. government on Thursday showed that U.S. business inventories recorded their largest increase in nearly four years in March, driven by a rise in wholesale inventories. The data showed that business inventories rose 0.9% month-over-month in March, the largest increase since June 2022, exceeding market expectations of 0.8% and following a 0.4% increase in February. Year-over-year, business inventories rose 2.0% in March. The U.S. government estimated last month that business inventories contributed 0.40 percentage points to the annualized GDP growth rate in the first quarter. The U.S. economy grew at an annualized rate of 2.0% in the first quarter, compared to 0.5% in the October-December quarter of last year. Component data showed that retail inventories rose 0.6% in March, after remaining flat in February; wholesale inventories surged 1.3%; and manufacturer inventories rose 0.6%.