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South Korea’s financial markets experienced a significant downturn this week following President Yoon Suk Yeol’s unsettling declaration of a martial law, a move that incited widespread concern regarding political stability within the nation, the world’s 13th largest economy. The iShares MSCI South Korea ETF, which serves as a barometer for major corporations across the nation,
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In a recent op-ed, tech mogul Elon Musk and entrepreneur Vivek Ramaswamy proposed a drastic revamp of the federal workforce, advocating for a return to full-time, in-office work. Ramaswamy and Musk, appointed by President-elect Donald Trump to spearhead a new Department of Government Efficiency, argue that remote work, considered a “Covid-era privilege,” should be entirely
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In the realm of public trading, the stocks associated with Donald Trump’s media enterprise have faced a rollercoaster of fluctuations as electoral outcomes unfold. Following projections from NBC News indicating Trump’s potential victory in the fiercely contested presidential election, shares of Trump Media & Technology Group saw a sharp uptick in early trading hours. The
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In a notable shift within the investment landscape, KKM Financial has transitioned its Essential 40 mutual fund into an Exchange-Traded Fund (ETF). This transformation is emblematic of a larger trend among asset managers who are increasingly favoring ETFs over traditional mutual funds. The primary driving force behind this migration is the desire for greater tax
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Tesla’s recent quarterly performance report for Q4 2024 presents a mixture of achievements and emerging challenges. The figures released indicate that the company delivered 495,570 vehicles in the fourth quarter, with a total production of 459,445 for the same period. Over the entire year, Tesla recorded 1,789,226 deliveries, alongside an annual production count of 1,773,443.
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Carvana, the online platform that revolutionized how consumers purchase used vehicles, recently found itself at the center of scrutiny following a critical report from Hindenburg Research. This report raised alarms about the sustainability of Carvana’s supposed financial recovery, suggesting that the company’s current success may largely be a façade, propped up by questionable financial practices
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As the political landscape in the United States continually evolves, the repercussions for federal student loan borrowers are becoming increasingly pronounced. With approximately 40 million individuals grappling with student debt, the end of President Joe Biden’s tenure introduces a series of uncertainties, particularly as President-elect Donald Trump expresses skepticism regarding numerous existing student loan relief
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