Inch

Inflation Test Results: Stocks Inch Higher, What Investors Should Watch Next

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Stocks in New York City, New York inched higher on Monday as investors awaited fresh inflation data scheduled to be released later in the week. The Dow Jones Industrial Average and the S&P 500 saw slight increases, while the tech-heavy Nasdaq Composite rose by 0.3%. A crucial Consumer Price Index report set to be unveiled on Wednesday could offer insights into the Federal Reserve’s stance on potential interest rate cuts moving forward. A robust jobs …

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iRobot’s Future in Jeopardy: Amazon Backs Out of Deal Due to Regulatory Issues and Competitors Inch Closer to Dominance

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LONDON, UK – Amazon’s decision to withdraw from its planned acquisition of iRobot due to regulatory issues has sent shockwaves through the robot vacuum market. The deal, which would have provided iRobot with much-needed resources and cash, was seen as crucial for the company’s survival in a fiercely competitive industry. iRobot, a once-dominant market leader, has been struggling to maintain its position in the face of intense competition, particularly from Chinese companies offering cheaper and …

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