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Day: May 29, 2025

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U.S. Pending Home Sales Take Sharp Dip

May 29, 2025

Welcome to today’s edition of Daily Trader Insights — your briefing on the top headlines moving the markets today, alongside timely opportunities and early-stage alerts.

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Amazon’s robotaxi unit Zoox issues second software recall after San Francisco crash
Business

Amazon’s robotaxi unit Zoox issues second software recall after San Francisco crash

May 29, 2025May 29, 2025

By David Shepardson WASHINGTON (Reuters) -Amazon.com’s self-driving unit Zoox issued a second software update to improve how its vehicles track nearby pedestrians and prevent movement

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US pending home sales fall sharply in April

US pending home sales fall sharply in April

May 29, 2025May 29, 2025

WASHINGTON (Reuters) -Contracts to buy U.S. previously owned homes fell more than expected in April as rising mortgage rates and economic uncertainty weighed on demand.

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Fed’s Goolsbee: if tariffs are avoided, policy rate can come down

Fed’s Goolsbee: if tariffs are avoided, policy rate can come down

May 29, 2025May 29, 2025

(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes that if big tariffs could be avoided, either through trade deals or

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Nike’s longtime design and innovation chief John Hoke to retire
Business

Nike’s longtime design and innovation chief John Hoke to retire

May 29, 2025May 29, 2025

(Reuters) -Nike’s chief innovation officer, John Hoke, is retiring, the world’s largest sportswear company said on Thursday. Hoke, who joined Nike in 1992, has served

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