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Category: News

By Rian LordIn News, CryptoPosted August 11, 2023

Crypto Market Rises as US Inflation Data Eases Pressure on Fed

The US inflation rate slowed down in July, according to the latest data released by the Labor Department on Friday. The Consumer Price Index (CPI),...

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By Rian LordIn News, BusinessPosted August 11, 2023

Singapore Cuts 2023 Growth Outlook Due to Weak Global Demand

Singapore’s economy grew by 0.5% year-on-year in the second quarter of 2023, according to the Ministry of Trade and Industry (MTI) on Friday. This was...

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By Rian LordIn News, BusinessPosted August 11, 2023

UAW Demands Threaten to Hurt GM and Ford’s Profitability

The United Auto Workers (UAW) union is demanding a hefty pay raise and other changes from the Big Three US automakers: General Motors Co. (GM),...

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By Rian LordIn News, FinancePosted August 11, 2023

Americans Face Record-High Credit Card Debt Amid Economic Crisis

According to the latest report by the Federal Reserve Bank of New York, credit card balances in the U.S. reached a new milestone in the...

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By Rian LordIn News, FoodPosted August 11, 2023

Dunkin’ Spiked: A New Twist on Iced Coffee and Tea

Dunkin’, the popular coffee and doughnut chain, is preparing to launch a new line of products that will appeal to adult iced coffee and tea...

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By Rian LordIn News, BusinessPosted August 10, 2023

Kenvue: A New Consumer Health Giant Emerges from J&J Spinoff

Johnson & Johnson (J&J), one of the world’s largest and most diversified healthcare companies, has completed the spinoff of its consumer health unit, Kenvue, in...

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By Rian LordIn News, BusinessPosted August 10, 2023

Investors React to US July CPI Release on Reddit

The US Bureau of Labor Statistics released the Consumer Price Index (CPI) data for July 2023 on August 10, 2023, at 8:30 am ET. The...

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By Rian LordIn News, BusinessPosted August 10, 2023

Amazon expands its primary care service One Medical in the US

Amazon, the online retail giant, is opening new locations of One Medical, the subscription-based primary care provider that it acquired earlier this year. The move...

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By Rian LordIn News, BusinessPosted August 10, 2023

Why Citi Analyst Says Li Auto Is a Buy and XPeng Is a Sell

The Chinese electric vehicle (EV) market is one of the largest and most competitive in the world, with dozens of players vying for a share...

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By Rian LordIn News, EntertainmentPosted August 10, 2023

How Elon Musk Tested Grimes’ Knowledge of ‘Lord of the Rings’ on Their Second Date

A new book by Walter Isaacson reveals some details about the relationship between Elon Musk, the billionaire founder of Tesla and SpaceX, and Grimes, the...

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By Rian LordIn News, EntertainmentPosted August 10, 2023

Disney+ to offer cheaper plan with ads in UK from November

Disney+, the streaming service that offers content from Disney, Pixar, Marvel, Star Wars, National Geographic, and Star, has announced that it will launch a new...

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By Rian LordIn News, FinancePosted August 10, 2023

How to Invest in High-Yield REITs, According to an Expert

Real estate investment trusts (REITs) are companies that own or finance income-producing properties, such as office buildings, shopping malls, hotels, warehouses, and apartments. REITs offer...

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By Rian LordIn News, BusinessPosted August 10, 2023

WeWork shares plummet after bankruptcy warning

WeWork, the once high-flying startup that provides shared office spaces, has issued a warning about its ability to continue as a going concern due to...

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By Rian LordIn News, BusinessPosted August 10, 2023

Italy’s Prime Minister Faces Market Backlash over Windfall Tax Plan

Italy’s Prime Minister Giorgia Meloni faced a strong market backlash on Wednesday, after she announced a plan to impose a windfall tax on banks and...

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By Rian LordIn News, BusinessPosted August 10, 2023

Money Market Sweep Accounts: What Are They and How Do They Work?

Money market sweep accounts are a type of bank or brokerage account that automatically transfers excess cash into a higher interest-earning investment option, usually a...

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By Rian LordIn News, BusinessPosted August 10, 2023

Stocks Surge as China Loosens Travel Curbs: Markets Wrap

Stocks around the world rallied on Friday, as China announced that it would ease some of its travel restrictions amid a decline in Covid-19 cases....

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