U.S. Services Sector Stalls in July as ISM PMI Falls Amid Tariff Pressures
Key Takeaways ✅ U.S. Services PMI Nears Stagnation in July 2025 The U.S. services PMI slipped to 50.1 in July 2025, down from 50.8 in June, and well below market forecasts of 51.5, according to the latest ISM data. This...
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Trump Plans Major Tariff Hike on Pharmaceutical Imports, Semiconductor Tariffs Coming Soon
📌 Key Takeaways Trump Announces Tariffs on Pharmaceuticals, Signals More to Come President Donald Trump announced on Tuesday that the U.S. will impose a new tariff on pharmaceutical imports, with plans to raise the rate sharply over the next 12...
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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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