Category: News
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Utah residents are exasperated after HOA plans to more than double monthly fees to $800: ‘There’s no way we’re ever going to be able to ever move out of here’
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Homeowners associations are sometimes evil in the housing world, especially when they ask people for more money when they are already paying too much. In Bountiful, Utah, residents of a certain apartment complex were told that their monthly fees could soon rise to more than $800, local media reported. KSL…
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UK likely to avoid worst impact of Trump’s tariffs
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The UK may be spared the worst effects of Donald Trump’s proposed tariffs on global goods trade because of its economic reliance on services rather than goods, according to Andrew Bailey, governor of the Bank of England. Trump proposed imposing tariffs of up to 60% on Chinese exports to the…
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Average wage keeps ahead of inflation
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The average gross monthly wage for Israeli employees increased by 6.7% to reach 13,309 shekels in October 2024 compared to October 2023. The average gross monthly wage of Israeli employees increased by 6.7% to reach 13,309 shekels in October 2024 compared to October 2023, according to a preliminary estimate by…
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Dow, S&P 500, Nasdaq gain as tech stocks lead, with Fed’s Powell on deck
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US stocks rose on Wednesday, as technology helped pave the way to new highs and investors waited to hear from Federal Reserve Chairman Jerome Powell for clues on what’s next for interest rates. The Dow Jones Industrial Average (^DJI) rose 0.6%, or more than 200 points, while the S&P 500…
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Employees with disabilities are disclosing their condition at work but afraid to ask for accommodations
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There’s some good news when it comes to disability inclusion at work: New research shows that employees today are mostly open to disclosing their condition. But when it comes to requesting accommodation from their bosses, they are still afraid of being judged, rejected, or discriminated against. About 88% of workers…
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Employees with disabilities are disclosing their condition at work but afraid to ask for accommodations
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There’s some good news when it comes to disability inclusion at work: New research shows that employees today are mostly open to disclosing their condition. But when it comes to requesting accommodation from their bosses, they are still afraid of being judged, rejected, or discriminated against. About 88% of workers…
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UK growth forecast upgraded after Reeves’s £70bn spending boost
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The OECD has significantly updated its UK growth forecasts, giving credit to Rachel Reeves’ £70bn-a-year public spending package. The UK economy is now expected to grow by 0.9% in 2024 and 1.7% in 2025, up from May forecasts of 0.4% and 1.0%. But the Paris-based organization warned that this growth…
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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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OECD undercuts Treasury growth forecasts
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The Organization for Economic Cooperation and Development issued its semi-annual report on the state of the global economy, and revised its growth forecasts for Israel downward. The new forecasts are more pessimistic than the expectations of the Bank of Israel and the Ministry of Finance regarding growth and fiscal deficit.…
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Dubai Billionaire Plans to Build Data Centers Across Asia
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(Bloomberg) — Damac Group, backed by billionaire developer Hussain Sajwani, plans to invest about $3 billion to build data centers across Southeast Asia as the region becomes a hub for artificial intelligence and cloud services. Most read from Bloomberg Edgnex Data Centers, a unit of the Dubai-based group, expects to…
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Dubai Billionaire Plans to Build Data Centers Across Asia
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(Bloomberg) — Damac Group, backed by billionaire developer Hussain Sajwani, plans to invest about $3 billion to build data centers across Southeast Asia as the region becomes a hub for artificial intelligence and cloud services. Most read from Bloomberg Edgnex Data Centers, a unit of the Dubai-based group, expects to…
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Autodesk CEO: AI can help the U.S. fix its crumbling infrastructure before it’s too late
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America has an infrastructure problem. Nearly half of public roads in the United States in poor or average condition. barely 250,000 Bridges across the country will need replacement in the next two decades. A quarter of US GDP depends on five cities, all of which face severe climate risks. The…
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Reflecting on What Drives You as the New Year Approaches
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As we prepare to enter a new year, it’s important to pause and reflect on where we are in our personal and professional lives. Are you working to make a difference? Are you driven to make a difference? Or are you making a difference at all? Do you want to?…
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Check Point CEO warns on escalating cyberattacks
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Speaking at the global business conference Globes Israel, the cybersecurity company Check Point Software Technologies Limited (Nasdaq: CHKP) CEO Gil Schwed said there are an increasing number of cyberattacks around the world, which are causing more damage than ever before. Shwed was speaking to Globes high-tech editor Assaf Gilad as…
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3 Reasons to Buy Nvidia Stock as the UBS Global Technology and AI Conference Gets Underway
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It seems Nvidia (Nasdaq: NVDA) He is a victim of his own success. After another stunning quarter in which earnings per share (EPS) doubled year over year, the chipmaker’s stock fell in the days following the release of its third-quarter numbers. The truth is that expectations could not be higher.…
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The 4 ‘fatal flaws’ in Tesla’s bid to award Elon Musk $100 billion, according to the judge who dashed his pay
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The entire push to give Tesla CEO Elon Musk a pay package now worth $100 billion was sealed by a judge this week. In 101 pages opinionDelaware Court Counsel Kathleen McCormick He refused to back down from a previous decision to cancel Musk’s pay. She wrote that the arguments presented…
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Adaptability, Innovation, and Navigating Professional Challenges
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Larry Weltman is a Toronto-based commission advancement expert with nearly two decades of experience supporting real estate professionals across Canada. Larry moved from South Africa to Canada in 1986 after studying accounting. His career is defined by a commitment to helping property owners overcome financial challenges by providing customized cash…
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Adaptability, Innovation, and Navigating Professional Challenges
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Larry Weltman is a Toronto-based commission advancement expert with nearly two decades of experience supporting real estate professionals across Canada. Larry moved from South Africa to Canada in 1986 after studying accounting. His career is defined by a commitment to helping property owners overcome financial challenges by providing customized cash…
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Australia’s GDP Growth Disappoints as Households Hunker Down
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Breadcrumb links BMN Business Australian economic growth remained sluggish in the three months to September, as higher government spending helped overcome weak exports and restrained consumer demand. Article writer: Bloomberg News Swati Pandey Published on December 3, 2024 • 2 min read You can save this article by registering for…
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BoI governor: No immediate interest rate cut
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Bank of Israel Governor Amir Yaron indicated last night that it is still too early to talk about cutting interest rates in Israel. Speaking with Globes editor-in-chief Naama Sekuler on the opening evening of the Globes Israel Business Conference, Yaron estimated that the inflation rate would rise in the near…