China’s Services Sector Sees Strongest Growth in Over a Year: Caixin PMI Hits 52.6 in July
📌 Key Takeaways China’s Services Sector Rebounds with Strong July Performance The Caixin China General Services PMI rose to 52.6 in July 2025, from a nine-month low of 50.6 in June. This marked the fastest expansion in the sector since...
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OpenAI Raises $8.3 Billion at $300 Billion Valuation, Accelerating Race to $40 Billion in 2025
OpenAI has raised $8.3 billion in a funding round that values the AI giant at approximately $300 billion, pushing its ambitious goal of securing $40 billion in funding by the end of 2025 closer to the reality of reaching the...
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BofA Securities Reaffirms No Fed Rate Cuts in 2025 Despite Soft Jobs Data
✅Key Takeaways BofA Securities Maintains Fed Will Hold Rates in 2025 Bank of America Securities (BofA) has reaffirmed its expectation that the Federal Reserve will not cut interest rates in 2025, despite growing market speculation for a rate cut as...
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ECB Reaffirms Commitment to Cash as It Develops Digital Euro
🔍 Key Takeaways The Digital Euro Will Not Replace Cash, ECB Says As stablecoins and private digital currencies surge in popularity, the European Central Bank (ECB) is reinforcing its position: public money must remain central to the European financial system....
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From Fall to Rise: Cathie Wood, the Woman Who Trades the Future
Chapter 1: A Bold Mind in Finance Born in 1955 in Los Angeles, Cathie Wood earned her economics degree from the University of Southern California before stepping into Wall Street. Over the years, she built a solid reputation as an...
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