Category: fall
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Toronto home sales rise as interest rates fall
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Article content Home sales in the Greater Toronto Area rose 40 per cent in November from a year earlier, as lower borrowing costs drew more buyers into the market. Article content TRREB said the benchmark home price fell 1.22 percent annually to $1,061,700, a much slower rate of decline compared…
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Bitcoin Correction Looms As Analyst Predicts Fall To $85,600
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The price of Bitcoin (BTC) rose 7.99% in the past week to reach a new all-time high of $99,655 on November 22. After that, the number one cryptocurrency saw a slight bounce in the last 48 hours as it fell to around $98,200. However, speculation of a major price correction…
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Mulberry cuts 85 jobs as sales fall 19% amid global luxury downturn
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Luxury fashion brand Mulberry has announced a significant restructuring plan after announcing a 19% drop in group revenues to £56.1 million for the six months to September 28. Newly appointed CEO Andrea Baldo revealed 85 jobs – nearly a quarter of the company’s 350-person workforce – were being cut as…
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Mulberry cuts 85 jobs as sales fall 19% amid global luxury downturn
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Luxury fashion brand Mulberry has announced a significant restructuring plan after announcing a 19% drop in group revenues to £56.1 million for the six months to September 28. Newly appointed CEO Andrea Baldo revealed 85 jobs – nearly a quarter of the company’s 350-person workforce – were being cut as…
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Asian Stocks Fall as China Support Disappoints: Markets Wrap
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(Bloomberg) — Asian stocks fell after China’s planned debt swap program appeared inadequate to some investors and data showed continuing deflationary pressures. Most read from Bloomberg The region’s stock index fell more than 1% on Monday, with Hong Kong and mainland Chinese stocks falling in early trading. Standards have also…
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Super Micro Computer Shares Fall Again on Latest Update. Is the Bottom In, or Is There More Downside Ahead for the Stock?
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shares Super micro computer (NASDAQ: SMCI) It fell again after the company provided investors with an update on its first-quarter financial results, as well as its current audit and filing process. Supermicro was a big winner early in the year, with its shares quadrupling during the first three months of…
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The Rise And Fall Of Hamster Kombat: Why 260 Million Players Abandoned The Game
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Are we about to see the end of Telegram’s popular cryptocurrency-based game Hamster Kombat? Hamster Kombat was once a beloved and viral game on Telegram, but is currently draining users with its token, HMSTR, down by as much as 76%. According to several blockchain tracking sites, the game built on…
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The Rise And Fall Of Hamster Kombat: Why 260 Million Players Abandoned The Game
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Are we about to see the end of Telegram’s popular cryptocurrency-based game Hamster Kombat? Hamster Kombat was once a beloved and viral game on Telegram, but is currently draining users with its token, HMSTR, down by as much as 76%. According to several blockchain tracking sites, the game built on…
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Bonds Fall Most Since 2020 as Trump Win Revives Inflation Risk
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(Bloomberg) — U.S. Treasury yields rose — with their highest 30-year rise since the global flight to cash in March 2020 — as investors return to betting that Donald Trump’s return to the White House will boost inflation. Most read from Bloomberg The yield on longer-maturity US government bonds rose…
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Bonds Fall Most Since 2020 as Trump Win Revives Inflation Risk
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(Bloomberg) — U.S. Treasury yields rose — with their highest 30-year rise since the global flight to cash in March 2020 — as investors return to betting that Donald Trump’s return to the White House will boost inflation. Most read from Bloomberg The yield on longer-maturity US government bonds rose…
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Bonds Fall Most Since 2020 as Trump Win Revives Inflation Risk
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(Bloomberg) — U.S. Treasury yields rose — with their highest 30-year rise since the global flight to cash in March 2020 — as investors return to betting that Donald Trump’s return to the White House will boost inflation. Most read from Bloomberg The yield on longer-maturity US government bonds rose…
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Wine prices to rise, beer to fall in new tax plans
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Wine prices are expected to rise while the cost of beer will fall under new proposals from the National Treasury, which has imposed excise duty on drinks based on their alcohol content by volume. The Excise Laws (Amendment) Bill, 2024 seeks to restructure the excise duty rate on wine and…
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Analyst Links Bitcoin Recent Fall To High Open Interest
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The Bitcoin (BTC) market has been extremely turbulent over the past 24 hours following a series of alarming news reports. During this period, the cryptocurrency market leader recorded notable declines with its price falling below $66,000. However, a cryptocurrency analyst with the username X Luca hypothesized that this recent price…
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XRP Transactions Fall, But Active Wallets And DeFi Liquidity Tell A Different Story
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This article is also available in Spanish. XRP, the sixth-largest cryptocurrency by market cap, has seen an interesting trend in its transaction activity, despite some notable declines in other metrics. Modern analysis Wenry, a CryptoQuant analyst, highlights key trends within the XRP ecosystem, and provides insight into the activity happening…
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UK interest rates ‘could fall as low as 2.75% in the next year’, Goldman Sachs predicts
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The Bank of England is expected to cut interest rates much faster than financial markets are currently anticipating, according to new forecasts from Goldman Sachs. The Wall Street investment bank expects the UK policy rate to fall to 2.75% by November 2025, driven by continued progress in the fight against…
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Ethereum Derivative Market Sees Over 50,000 ETH Inflow, Price Fall Imminent?
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Similor Valeti is a cryptocurrency writer specializing in journalism and content creation. While he began writing on many topics, Similor soon found a knack for dealing with the intricacies and intricacies of the interesting world of blockchain and cryptocurrencies. Semilore is attracted to the efficiency of digital assets in terms…
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Indexes fall from records as chip rout drags tech shares lower
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Chip Somodevilla/Getty Images A sell-off in semiconductors pulled stock indexes away from record levels. The loss was led by Dutch chipmaker ASML, which lost 17% on Tuesday. The decline overshadowed the banks’ earnings results, which were better than expected. Chip makers’ stocks halted a decline on Tuesday after a recent…
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Tesla shares fall 8% after robotaxi event panned for lack of details
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Elon Musk went back to his old book with the Robotaxi event, teasing untested technology and mixing it with hype. The problem is that he routinely misses deadlines way too high and the final pricing looks nothing like what he promised. There is no world in which e-taxis will be…
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Futures fall as investors brace for earnings season; Tesla dips By Reuters
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(Reuters) – U.S. stock index futures fell on Friday, ahead of the start of third-quarter earnings season, after hotter-than-expected September inflation data boosted expectations of a 25 basis point interest rate cut by the Federal Reserve in November. Tesla (NASDAQ:) shares fell 5.8% in pre-market trading after the electric car…
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New Zealand dollar has further to fall
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Investing.com – The New Zealand dollar fell after the Reserve Bank of New Zealand cut interest rates earlier this week, and UBS expects the currency to fall further against the US dollar. The Reserve Bank of New Zealand cut its policy rate by 50 basis points to 4.75% at its…