Category: Cool
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Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
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US stocks rose on Wednesday as high hopes for bank earnings paid off and an important update on consumer inflation showed that headline prices rose less than expected in December. The S&P 500 (^GSPC) rose more than 1.8%, while the Dow Jones Industrial Average (^DJI) rose more than 1.6%, or…
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Labour’s VAT on private school fees set to cool house prices in London’s affluent enclaves
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House prices are expected to fall in some of London’s most exclusive postcode areas, as Labour’s decision to introduce VAT on private school fees forces more families to reconsider their housing options. Property experts predict that homeowners with high education bills will either downsize homes, move to more affordable areas,…
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U.K. Labor Market Update: Wages Cool But Unemployment Rose Above Expectations
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The UK labor market showed mixed signs in the quarter ending September, with wage growth moderating but the unemployment rate rising more than expected. The Office for National Statistics (ONS) reported that regular wage growth (excluding bonuses) fell to 4.8% in the three months to September from 4.9% in August,…
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U.S. stocks tumble as September starts, investors cool on chips By Reuters
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(Reuters) – Wall Street’s main indexes fell on Tuesday, with the S&P 500 falling more than 2% and the Dow Jones Industrial Average falling more than 3%, as investors’ optimism about artificial intelligence faded in a broad market selloff that accelerated after tepid economic data. The Nasdaq and Dow posted…
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Vijay, the disciplinarian trying to be a ‘cool’ guy
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Discipline is a magical thing. Like a strict parent, it provides us with its order and authority, security and an irresistible desire to rebel against it. People generally do not pay attention to any rules. This is why people in traffic run red lights, motorcyclists run red lights, pedestrians run…
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Biden says ‘it’s time to cool it down’ after Trump assassination attempt
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In a prime-time national address from the Oval Office, Biden said political passions could run high but “we must never descend into violence.” “There is no place in America for this kind of violence — for any violence at all. Period. No exceptions. We cannot allow this violence to be…
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Fed’s Powell Testifies as Inflation, Hiring Cool
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Breadcrumbs Path Links PMN Business Jerome Powell is likely to tell lawmakers that Federal Reserve officials need more confirmation that inflation is slowing before they are in a position to cut interest rates, even as evidence mounts of weak growth and employment. Article author: Bloomberg News Red Beckert and Vince…
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US indexes rally after cool inflation data
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US Federal Reserve Chairman Jerome Powell arrives for a news conference at Federal Reserve Headquarters on December 13, 2023 in Washington, DC.Win McNamee/Getty Images US indices rose after a promising personal consumption expenditures report. The S&P 500 and Dow Jones rose, while the Nasdaq was mostly flat. Investors were encouraged…