Category: rises
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Fed rate hike risk rises on hotter inflation
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Bread path links news economy Consumer prices are headed in the wrong direction It was published on February 12, 2025 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. The main inflation increased by 3 percent yearly…
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ASML stock rises after earnings beat as CEO says DeepSeek will drive AI chip demand higher
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ASML shares (ASML) increased by up to 5 % in pre -market trading after the Dutch semiconductor equipment company recorded better than the expected fourth quarter profits and the CEO rejected its concerns that the latest Dibsic penetration will harm the demand for artificial intelligence chips. Asml Invented technology It…
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Analysts see pay rises pushing inflation higher
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The Governor of the Bank of Israel, Amir Yaron, came to the Knesset Financing Committee session on Tuesday, and made somewhat encouraging expectations of inflation in 2025. It rises by 0.5 % in January, due to the high tax rates, but moderate later in the year and reaches only 2.1…
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Housing price rises gain momentum
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Housing price increases in Israel have gained renewed momentum, and unlike previous months, when most of the increases came from used apartments, in the last few months of 2024, a change in trend became evident, with most price increases recorded from new apartments. It appears that the increase came in…
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Core CPI rises less than forecast as inflation pressures ease slightly in December
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new Data A report released by the Bureau of Labor Statistics on Wednesday showed that the main measure of inflation fell for the first time since July. On a “core” basis, which excludes the more volatile costs of food and gas, the CPI for December rose 0.2% from the previous…
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Apple CEO Pay Rises 18%; Company Opposes Anti-Diversity Measure
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(Bloomberg) — Apple Inc. unveiled an 18% pay increase for CEO Tim Cook ahead of its annual meeting next month, while also saying it opposes shareholder action calling for an end to the company’s diversity program. Most read from Bloomberg Apple said in its annual proxy filing on Friday that…
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Food inflation poised to jump above 4% as levies and wage rises weigh on retailers
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Food price inflation is expected to rise to more than 4 per cent this year, in a sharp reversal of a recent trend of slowing shop prices, the British Retail Consortium (BRC) has warned. According to forecasts by the lobby group, prices in supermarkets will rise by an average of…
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Israel rises in world passport strength rankings
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Israeli passport balance: Shutterstock El Al adds flights to European cities after suspending its flights to Moscow Apartments for sale and rent The Israeli passport rose from 24th place in recent years following the Abraham Accords, and the US decision to allow Israel to join the Visa Waiver Program, Henley…
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Oil rises on tighter OPEC supply, US jobs data
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Written by Ghislaine Lehr SINGAPORE (Reuters) – Oil prices rose on Wednesday as supplies from Russia and members of the Organization of the Petroleum Exporting Countries (OPEC) tightened, while data showing an unexpected increase in the number of job vacancies in the United States pointed to expanding economic activity and…
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UK manufacturing chills as tax rises stifle demand
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Looming tax rises and persistent cost pressures are sending a ‘winter chill’ into Britain’s factories, as new data reveals the weakest growth in the manufacturing sector in 11 months. The final global Purchasing Managers’ Index (S&P) for December fell to 47 – down from 48 in November and below the…
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UK inflation rises to 2.6% as interest rate decision looms
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New data from the Office for National Statistics (ONS) has revealed that UK inflation rose to 2.6% in November, exceeding the Bank of England’s forecast of 2.4% and 2.3% recorded in October. The surprise jump marks the second straight monthly increase, pushing the headline figure above the central bank’s target…
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Rent rises slow, offering hope to beleaguered tenants
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After years of rising rental costs, renters are finally starting to see signs of relief. According to new data released by property portal Zoopla, annual rent inflation slowed to 3.9 percent, its lowest rate since August 2021. Although rents are still rising, this represents a significant decline from the 2022…
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Sell Pressure Rises As Ethereum Tests $4,000 Resistance—What’s Next For ETH?
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Sell Pressure Rises As Ethereum Tests $4,000 Resistance—What’s Next For ETH?
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Notre Dame rises from the ashes: Macron unveils cathedral’s triumphant comeback from 2019 inferno
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France gave the world its first look inside the restored Notre Dame Cathedral on Friday when President Emmanuel Macron inspected the medieval landmark, five years after a fire destroyed its interior and toppled its tower. Eight days before the cathedral reopened on December 7, Macron carried out an inspection, broadcast…
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UK inflation rises to 2.3% in October on higher energy costs
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UK inflation rose to a six-month high in October, exceeding the Bank of England’s 2% target, driven primarily by rising household energy bills. The Office for National Statistics (ONS) reported that the annual CPI rose to 2.3% last month, up from 1.7% in September – the highest rate since April.…
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Nvidia stock rises on AI spending, chip deal ahead of earnings
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Nvidia (NVDA) stock rose more than 4% on Tuesday following bullish remarks from Wall Street analysts who pointed to strong demand for chips ahead of its earnings report scheduled Wednesday afternoon. In a client note this week, Stifel analyst Robin Roy raised his price target on Nvidia to $180 from…
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Bitcoin’s Market Dominance Rises To 60%, Is BTC Poised For Even Greater Control?
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Both retail and Institutional adoption Interest in Bitcoin continues to see notable growth following the recent surge in prices over the past week, which has led to a significant rise in BTC’s dominance over other crypto assets in the market. Bitcoin’s market dominance is almost over As Bitcoin continues to…
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Israel’s fiscal deficit narrows after 18 months of rises
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The Israeli fiscal deficit has shrunk for the first time since the beginning of the war. Finance Ministry Accountant General Eli Rotenberg reported today that the deficit in the 12 months to the end of October this year amounted to 7.9% of GDP, or NIS 154 billion. In the 12…
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New Zealand Dollar Rises as Robust Wage Growth Outweighs Q3 Job Decline
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New Zealand’s labor market slowed slightly in Q3 2024, with employment falling by 0.5% quarter-on-quarter (versus an expected 0.4% decline) and the unemployment rate rising from 4.6% to 4.8%. The labor force participation rate also declined to 71.2% compared to 71.7% in the previous quarter. Furthermore, job gains last quarter…