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The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.
After serving as the driving force for a blistering market rise, the so-called Magnificent Seven have taken an epic stumble in 2025.
Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.
The S&P 500 notched its biggest single-day decline in market value terms since the onset of the pandemic on Thursday.
Klarna is not alone. Several other high-profile firms that were expected to go public have decided to delay their plans.
Visa has offered $100 million replace Mastercard as the network of choice for Apple’s credit card, according to The Wall Street Journal.