China pledges more borrowing and interest rate cuts to counter Trump’s tariff threats

Shipping containers and gantry cranes at Qingdao port in eastern China’s Shandong province, seen on December 4, 2024.Stringer/AFP/Getty Images China pledged Thursday to increase the budget deficit, borrow more and loosen monetary policy to maintain stable economic growth as it girds for more trade tensions with the United States where Donald Trump is returning as…

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The inside story of how Juan Soto became a New York Met

The inside story of how Juan Soto became a New York Met Juan Soto’s contract with the New York Mets came together over weeks of meetings and record-setting offers. David Dermer-Imagn Images Buster Olney Close Buster Olney ESPN Senior Writer Senior writer ESPN Magazine/ESPN.com Analyst/reporter ESPN television Author of “The Last Night of the Yankee Dynasty”…

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KeyBanc downgrades T-Mobile on valuation concerns

Investing.com — KeyBanc downgraded T-Mobile US Inc (NASDAQ:TMUS) to “sector weight” from “overweight,” citing stretched valuation and concerns over the company’s growth trajectory in a shifting competitive landscape. The brokerage noted T-Mobile’s leadership in wireless market share over the past decade and the accretive nature of its FWA business. However, it flagged the expansion into fiber…

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Riot shares jump 12% on report of Starboard stake

Investing.com — Riot Platforms (NASDAQ:RIOT) shares surged 12% on Thursday following a Wall Street Journal report that activist investor Starboard Value has taken a significant stake in the bitcoin miner and is pushing for strategic changes. Starboard is pushing Riot to repurpose some of its bitcoin-mining facilities to serve large-scale data center users, known as…

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