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Bond Market’s Bet on a Half-Point Fed Cut This Month Is Over

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The bond market has ended its long flirtation with the Federal Reserve cutting interest rates by half a point this month as resilient inflation...
Tech

Huawei launches $2,800 trifold phone hours after Apple debuts iPhone 16

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Richard Yu, a Huawei executive director overseeing consumer products, reveals the price for the company's trifold Mate XT smartphone on Tuesday, Sept. 10, 2024.ScreenshotBEIJING...
Bussiness

Mario Draghi’s plan to fix a broken Europe already looks impossible

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“The leading firms in research and investment-spending are the same ones we had 20 years ago ― cars,” he said. "The United States used...
Bussiness

Treasury yields fall after weak jobs report

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Treasury yields fell Friday after August's nonfarm payrolls report showed an easing labor market, fueling concerns of an economic slowdown.The yield on the 10-year...
Bussiness

Friday’s jobs report for August is going to be huge. Here’s what to expect

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Andreypopov | Istock | Getty ImagesWall Street is gearing up for one of the most important economic releases of the year Friday, when the...
Bussiness

OPEC+ members delay plans to hike production by two months after oil price slump

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A general view of signage at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) on Feb. 29, 2024 in Vienna, Austria.Thomas...
Bussiness

U.S. crude oil near $69 per barrel as OPEC+ delays production boost

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U.S. crude oil pulled back slightly Thursday to close near $69 per barrel, as OPEC+ delays plans to boost production after futures sold off...
Bussiness

Schroders Announces CEO Changes

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Schroders announced that it is set to appoint CFO Richard Oldfield as chief executive when Peter Harrison retires next year. According to a report...
Bussiness

UK construction growth slows despite housing drive, PMI shows

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LONDON (Reuters) - Growth in Britain's construction industry slowed in August despite the biggest pickup in homebuilding in nearly two...
Bussiness

Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

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People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea's Samsung Electronics Co Ltd turned in its best...
Bussiness

Nvidia’s $240 Billion Swoon Leads Rout in Semiconductor Stocks

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Four weeks after US stocks buckled amid a global flight from risk assets, chipmakers touched off another bout of equities selling when a pair...
Bussiness

Rolls-Royce shares rebound 4.6% after engine issue grounds Cathay Pacific flights

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A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag...
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