Category: News
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Dow slumps, Nasdaq whipsaws amid more soft labor market data
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U.S. stocks fell on Thursday as investors digested more weaker-than-expected labor market data that could help set the outlook for both interest rate cut hopes and the health of the U.S. economy. The S&P 500 (^GSPC) fell about 0.6%, while the Dow Jones Industrial Average (^DJI) fell more than 350…
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New Mexico AG files case against Snap alleging platform enables child exploitation (SNAP)
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The office of New Mexico Attorney General Raul Torres said Thursday it has filed a lawsuit against Snapchat (NYSE:SNAP) alleging that the social media company’s policies, content, and recommendation algorithm promote the sharing of child sexual abuse material and facilitate child abuse. Sexual exploitation. “Our undercover investigation revealed that malicious…
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It’s easier than ever to keep your job—but harder than ever to land one
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WASHINGTON (AP) — After being laid off from music streaming service Spotify last year, Jovay Arias expected he’d soon find another job as a software engineer. His previous job search in 2019 had been smooth sailing. “At that time,” he said, “I had so many recruiters approaching me — to…
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US, Britain, EU to sign first international AI treaty
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The first legally binding international treaty on artificial intelligence will be open for signature on Thursday by the countries that negotiated it, including members of the European Union, the United States and Britain, the Council of Europe’s human rights body said. The AI agreement, which has been in the works…
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State pension set to rise by £400 amid criticism of winter fuel allowance cuts
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The UK government is set to increase state pensions by more than £400 a year, following criticism of Chancellor Rachel Reeves’ decision to means-test the winter fuel allowance. The Treasury calculates that the full state pension could rise in line with average earnings due to the implementation of the triple…
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Ontario’s corner stores can now sell alcohol
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Breadcrumbs Path Links news Retail and Marketing These changes are in line with Premier Doug Ford’s 2018 election campaign pledge. Article author: Canadian Press Liam Casey Published on September 5, 2024 • Last updated 12 minutes ago • Read for 3 minutes You can save this article by registering for…
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ForexLive European FX news wrap: Awaiting more key data from the US
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Headlines: Markets: Euro and British Pound Lead, USD and CAD Lag on the Day European stocks mixed; S&P 500 futures up 0.1% US 10-year bond yields steady at 3.768% Gold rises 0.9% to $2,516.01 West Texas Intermediate crude rose 0.5% to $69.53. Bitcoin down 2.2% to $56,740 The session was…
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Netherlands to procure Rafael’s Spike LR2 missiles
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The Dutch military has announced it will buy more than 200 medium-range anti-tank missile launchers that will boost combat range, for an investment of up to 250 million euros ($277 million) from Israeli state-owned Rafael Advanced Defense Systems, Defense News reported. The Dutch Army and Marines are planning to switch…
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Stocks pause days of losses ahead of US jobs data: Markets Wrap
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(Bloomberg) — Global stocks steadied after days of declines as uncertainty persisted over the health of the U.S. economy and the pace of potential interest rate cuts by the Federal Reserve. Most Read from Bloomberg The pan-European STOXX 600 index was little changed, with chemical and mining stocks the biggest…
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Qualcomm said to be working with Samsung, Google on mixed reality smart glasses
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We/DigitalVision via Getty Images Qualcomm (NASDAQ:QCOM) Works with Samsung (OTCPK:SSNLF) and Google (NASDAQ:GOG) (NASDAQ:Google) to explore mixed-reality smart glasses that can be attached to smartphones, according to the chipmaker’s CEO Cristiano Amon. cnbc. The project is based on the existing partnership between the three. Companies are developing mixed reality technology,…
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JPMorgan ditches China buy recommendation due to ‘Tariff War 2.0’
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JPMorgan Chase & Co. dropped its buy recommendation on Chinese stocks, citing heightened volatility around the upcoming U.S. election as well as growth headwinds and tepid political support. China’s rating was downgraded to neutral from “overweight” in the bank’s emerging market allocation, strategists led by Pedro Martins wrote in a…
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Costly fuel looms on push for bigger oil dealer profits
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Kenyans are set to pay an extra Sh4.45 per litre of fuel if a proposal in a study commissioned by the Energy Regulatory Authority is adopted, raising concerns about pressure on cost-of-living measures. The study by consultants Corrent Technologies and Channel Consulting Limited proposes increasing margins offered to oil marketing…
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Get Ahead of Current Market Demands by Adopting a Powerful and Dynamic Pricing Strategy
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The freedom of flexibility is why a dynamic pricing strategy is the solution you’ve been waiting for to take your business to the next level. Dynamic Pricing Strategy Businesses are now more adaptable and intuitive when it comes to revenue management, thanks to well-organized strategic systems. Supply and demand is…
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ForexLive Asia-Pacific FX news wrap: JPY active again
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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RBA Will Struggle With Jobs Goal If CPI Stays High, Bullock Says
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Breadcrumbs Path Links PMN Business The Reserve Bank of Australia will struggle to maintain low unemployment if inflation remains above its target “indefinitely”, Reserve Bank Governor Michelle Bullock said, warning households and businesses that interest rate relief is still a long way off. Article author: Bloomberg News Swati Pandey Published…
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Justice Ministry mulls abolishing betterment levy
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Are we on the road to a radical change in the real estate market? Sources tell Globes that the Ministry of Justice, the National Planning Department and the National Planning and Building Council have begun promoting a comprehensive reform of the improvement tax, including studying the possibility of completely eliminating…
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Crescent Energy Announces Pricing of $250 Million Private Placement of Additional 7.375% Senior Notes Due 2033 By Investing.com
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HOUSTON – (Business): Crescent Energy Corporation (NYSE: CRGY) (we or our) today announced that its indirect subsidiary, Crescent Energy Finance LLC (the Issuer) has priced its previously announced private offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to qualified…
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Talk of a slowdown is way overblown
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Michael Dell, founder and CEO of Dell Technologies, believes talk of a decline in spending on artificial intelligence is greatly exaggerated. “There are always bumps in the road when you launch a rocket and innovate new capabilities,” Dell said at the Citi technology, media and communications conference in New York…