Category: Failing
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Business lobby groups criticised for failing to block national insurance hike
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Britain’s largest business lobby groups, known collectively as the B5, have faced criticism for failing to prevent a major rise in employers’ National Insurance contributions, announced in Rachel Reeves’ October Budget. The £25 billion increase has sparked widespread business backlash, with some questioning the effectiveness of the Confederation of British…
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Business lobby groups criticised for failing to block national insurance hike
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Britain’s largest business lobby groups, known collectively as the B5, have faced criticism for failing to prevent a major rise in employers’ National Insurance contributions, announced in Rachel Reeves’ October Budget. The £25 billion increase has sparked widespread business backlash, with some questioning the effectiveness of the Confederation of British…
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PEPE Bulls Lose Momentum, Downside Risk Grows After Failing To Hold $0.00000963
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babyThe recent price action has raised concerns among traders, as the bullish momentum appears to be fading. After attempting a bounce, the token encountered strong resistance at the $0.00000963 mark, indicating a potential shift in market sentiment. With bulls struggling to maintain control and selling pressure building, the door is…
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PEPE Bulls Lose Momentum, Downside Risk Grows After Failing To Hold $0.00000963
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babyThe recent price action has raised concerns among traders, as the bullish momentum appears to be fading. After attempting a bounce, the token encountered strong resistance at the $0.00000963 mark, indicating a potential shift in market sentiment. With bulls struggling to maintain control and selling pressure building, the door is…
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Bonds Are Back as a Hedge After Failing Investors for Years
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(Bloomberg) — Greg Abella, a New Jersey money manager, didn’t expect the deluge of calls he’s been getting from clients over the past week. “All of a sudden people are asking us, ‘Wow, do you think this is a good time for us to add bonds?’” Most Read from Bloomberg…
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Bonds Are Back as a Hedge After Failing Investors for Years
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(Bloomberg) — Greg Abella, a New Jersey money manager, didn’t expect the deluge of calls he’s been getting from clients over the past week. “All of a sudden people are asking us, ‘Wow, do you think this is a good time for us to add bonds?’” Most Read from Bloomberg…
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The euro sinks toward 1.0800 after failing to crack 1.0870
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EUR/USD 30 minutes The euro is hovering near its lowest level since July 8 as the US dollar gains broadly. It’s hard to say what’s driving the moves at the moment, but stronger U.S. GDP numbers on Thursday and higher PCE inflation on Friday are tailwinds for the dollar. However,…
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Scholz Is Failing to Engineer a Liftoff for the German Economy
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Breadcrumbs Path Links PMN Business Germany’s inability to generate real growth is casting a shadow over the economy’s long-term prospects – and over the political hopes of Chancellor Olaf Scholz’s three ruling parties. Article author: Bloomberg News Marilyn Martin Published on July 28, 2024 • Read for 4 minutes You…
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Biden ends failing reelection campaign, backs Harris as nominee By Reuters
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By Jeff Mason, Garrett Renshaw, and Steve Holland REHOBOTH BEACH, Del. (Reuters) – U.S. President Joe Biden on Sunday abandoned his faltering re-election bid under growing pressure from fellow Democrats and endorsed Vice President Kamala Harris to replace him as the party’s nominee to face Republican Donald Trump in November’s…
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BTC Falls Back to $58K After Failing to Challenge $60K, STX Soars 14% Daily (Market Watch)
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Bitcoin’s rally towards $60,000 has stalled, and the asset is back just above $58,000 after a slight pullback the day before. Stacks emerged as the best performer among large-cap alternative stocks, up 14%. LDO followed, up 7% on the day. Bitcoin price stops at $59K That was less than a…
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BTC Falls Back to $58K After Failing to Challenge $60K, STX Soars 14% Daily (Market Watch)
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Bitcoin’s rally towards $60,000 has stalled, and the asset is back just above $58,000 after a slight pullback the day before. Stacks emerged as the best performer among large-cap alternative stocks, up 14%. LDO followed, up 7% on the day. Bitcoin price stops at $59K That was less than a…
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US regulators fine Citi $136 million for failing to fix longstanding data issues By Reuters
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By Michelle Price, Beth Schroeder, and Tatiana Bautzer WASHINGTON (Reuters) – U.S. banking regulators have fined Citigroup Inc $136 million for making “insufficient progress” in fixing data management issues identified in 2020 and required the bank to demonstrate it is devoting sufficient resources to the effort. The U.S. Federal Reserve…
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U.S. natural gas pulls back after failing to hold above $3 (NYSEARCA:UNG)
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Straja/iStock via Getty Images US natural gas futures rose above $3 for the first time since November before retreating in another choppy session on Monday, failing to sustain initial strong gains on the prospect of increased demand from hot weather that could further exacerbate the problem. Reduce surplus storage in…
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Bitcoin Retreats After Failing To Break Crucial $72,983 Resistance
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After failing to break the $72,983 resistance level, Bitcoin price continued to decline. Although Bitcoin price is still trading above the one-day simple moving average (SMA), this rejection has seen the cryptocurrency asset fall from $71,942 to $66,785 and move below the simple moving average (SMA) on the chart. 1-hour…