Gas Prices in the US Hit Lowest Point of the Year According to AAA, the national average price for a gallon of gas in the US is on a downward trend. As of Tuesday, the average price stood at $3.137, which is 9 cents lower than the previous week’s average. Furthermore, this week’s prices have reached the lowest point of …
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Blue Origin is set to make a major comeback as it plans to launch its New Shepard suborbital vehicle for the first time in over 15 months. The launch will take place at the company’s West Texas test site, with a tentative date of December 18. This upcoming flight will be uncrewed but will carry an impressive payload of 33 …
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The stock market remained steady after hours on Tuesday, with the Dow Jones futures, S&P 500 futures, and Nasdaq futures showing little movement. Investors are eagerly awaiting the decision from the Federal Reserve meeting. On Tuesday, the stock market experienced a rally, with the Nasdaq hitting a 2023 high and the S&P 500 and Dow Jones also performing well. The …
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Title: Government Report Shows Evident Slowdown of Inflation, Boosting Consumer Confidence The government’s last price report of the year, set to be released by the Bureau of Labor Statistics, is expected to indicate a welcome slowdown in inflation. Economists anticipate that overall prices remained unchanged in November compared to October, as depicted by the consumer price index (CPI). However, core …
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Mortgage rates have hit their lowest point in over four months as a result of cooling inflation and economic data. The decision made by the Federal Reserve on the federal funds rate is expected to have a significant influence on whether these rates will continue to decrease. Experts are predicting that the Fed might choose to maintain the federal funds …
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China’s securities regulator, the China Securities Regulatory Commission (CSRC), has recently released draft rules aimed at reducing trading commissions for mutual funds and resolving conflicts of interest within the industry. The proposal is part of a broader effort to boost investor confidence in an underperforming stock market. In an attempt to protect investors and regulate the allocation of trading commissions …
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Chinese Launch Startup Landspace Successfully Sends Satellites into Orbit with Zhuque-2 Rocket Chinese launch startup Landspace achieved a major milestone as it successfully launched satellites into orbit for the first time using its third Zhuque-2 methane-liquid oxygen rocket. The rocket, measuring 49.5 meters in length with a diameter of 3.35 meters and a take-off mass of 220 tons, carried three …
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Chinese Company LandSpace Launches Satellites with Methane-fueled Rockets, Surpassing SpaceX In a significant breakthrough, the Chinese space company LandSpace has successfully launched three satellites into orbit, utilizing rockets powered by methane and liquid oxygen. This accomplishment puts LandSpace ahead of Elon Musk’s SpaceX in terms of this crucial technology. The satellites, named Honghu, Honghu 2, and TY-33, were placed into …
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Title: Dow Jones and Tech Giants Surge Ahead as Job Report Awaited Dow Jones futures, along with S&P 500 futures and Nasdaq futures, maintained stability overnight as investors eagerly awaited the release of the November jobs report on Friday morning. The market had a strong focus on earnings results, particularly from companies like Broadcom, Lululemon, and Smartsheet. The tech sector …
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Billionaire investor Charlie Munger, best known as Warren Buffett’s business partner, has become just as famous for his unconventional lifestyle choices as for his financial acumen. Munger, who is estimated to be worth over $2 billion, made headlines recently when it was revealed that he chose to live in a modest house by choice. In a world obsessed with material …
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