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2 days ago | 
tipranks.com | Eddie Pan
Often viewed as a safe-haven asset, the price of gold increased by as much as 6.2% during the past month. That gain has now been erased to just 0.5% as better-than-expected economic data flowed in. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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2 days ago | 
tipranks.com | Eddie Pan
The consumer price index (CPI) notched a 2.3% year-over-year gain in April, lower than the expectation for 2.4%. The rate of growth was the lowest since February 2021. The CPI also rose by 0.2% month-over-month, below the expectation for 0.3%. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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2 days ago | 
blog.tipranks.com | Eddie Pan
The New York Fed has released its Quarterly Report on Household Debt and Credit for the first quarter, showing that 4.3% of debt within the U.S. is in some stage of delinquency, the highest since 2020 and up from 3.6% during the fourth quarter. However, there’s a caveat behind the delinquency rate. Following an almost five-year pause, student loans have resumed being included in credit reports.
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2 days ago | 
tipranks.com | Eddie Pan
The U.S. could sign a chip deal with Saudi Arabia this week, according to a new report from The New York Times. The deal would provide Saudi Arabia with tens of thousands of chips from Nvidia (NVDA) and Advanced Micro Devices (AMD). Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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3 days ago | 
tipranks.com | Eddie Pan
Economic growth is expected to be slower than last year while additional progress on disinflation has slowed down, according to Federal Reserve Governor Adriana Kugler in a speech on Monday. Furthermore, Kugler notes that the first quarter GDP decline of 0.3% likely overstated economic activity given imports being front-loaded. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
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3 days ago | 
tipranks.com | Eddie Pan
President Trump is set to sign an executive order that will lower the costs of prescription drugs and pharmaceutical prices by 30% to 80%, according to his Truth Social account. Speaking from a news conference, he added that the U.S. will “no longer tolerate profiteering and price gouging from big pharma.” Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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3 days ago | 
tipranks.com | Eddie Pan
President Trump has said that a meeting with China President Xi Jinping could be on the table by as soon as the end of the week. Speaking from a news conference, Trump said “I’ll speak to President Xi maybe at the end of the week.” Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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3 days ago | 
tipranks.com | Eddie Pan
Treasury yields are rising higher after President Trump announced a 90-day tariff reduction on imported Chinese goods to 30% from 145%. At the same time, China will lower its tariffs on imported U.S. goods to 10% from 125% for 90 days. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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3 days ago | 
blog.tipranks.com | Eddie Pan
Trump has officially signed an executive order to lower prescription drug prices for Americans. The order has four tenets, which are covered below. First, the U.S. will make sure that foreign nations do not engage in unfair practices that undercut market prices, which could result in higher prices for U.S. citizens. Next, the Trump administration will communicate reasonable drug price targets with pharmaceutical manufacturers.
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3 days ago | 
blog.tipranks.com | Eddie Pan
The Republicans within the Tax, Energy, and Agricultural Committees will meet this week to discuss the details of the “one big, beautiful bill,” according to an update from President Trump’s Truth Social account. The bill is expected to bring tax cuts, increased border security, and domestic energy production. Trump has said that he will return to working on the bill following his trip to the Middle East.
