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AUD/USD retreats from a peak of 0.6529 following an unexpected surge in Australian inflation figures. The US Dollar Index edges higher, influenced by solid US economic indicators and investor caution ahead of key GDP report. Despite a strong Q1 inflation report suggesting robust Australian economic…
Mark Zuckerberg started Meta’s earnings call by talking about artificial intelligence. Then he moved onto the metaverse, touting his company’s headsets, glasses and operating system. He spent almost the entirety of his opening remarks focused on the many ways Meta loses money. Investors weren’t into it. Meta shares tumbled as much…
Bitcoin is set for more price gains later this year, even after a recent retreat in prices, according to Standard Chartered’s top crypto analyst. Geoffrey Kendrick, head of foreign exchange research, West, and digital assets research at Standard Chartered, said in a research note this week that he sees bitcoin…
A grand jury in Arizona has handed up an indictment against former President Donald Trump’s allies over their efforts to overturn his 2020 election loss, including the fake electors from that state and several individuals connected to his campaign. Boris Epshteyn, a former White House aide who remains one of Trump’s…
Stefanos Tsitsipas and Casper Ruud have been seeing quite a lot of each other lately. After the Greek won the Monte Carlo Masters to push his career money pot over $30 million, Ruud got sweet revenge by claiming the Barcelona Open on Sunday in straight sets to grab his first…
California’s $20 wage for fast food workers is just a few weeks old, and the effects on workers and customers are beginning to emerge.At Chipotle, the law drove a 20% increase in wages for its restaurant staff in the Golden State, the company said during its earnings call on Wednesday.To…
Wednesday saw a back-and-forth session for traders grappling with the challenge of…
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The South Korean city of Busan’s plans to launch a city-run, blockchain-powered…
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Rubrik, a data-management software company backed by Microsoft, priced its IPO at…
POLITICS
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Whether the legal system can hold Donald Trump accountable for his attempts to overturn the 2020 election has been an evolving conversation among courts across the country. On Thursday, the Supreme Court will enter the chat. The high court is by no means bound by how other federal courts have interpreted the legitimacy of Trump’s post-election conduct. But if the justices decide that Trump’s attempts to reverse his loss were in the realm of official presidential conduct, they’ll be rebuffing the assessments of a broad swath of lower court judges – appointed by Democratic and Republican presidents alike – who have…
When South Carolina Republican Sen. Lindsey Graham was in Saudi Arabia late last month meeting with Crown Prince Mohammad Bin Salman, the country’s young, defacto ruler, the two decided to…
Rebel Teahouse is Christine Nguyen’s business. And her happy place. Nguyen, 29, was a neuro ICU nurse, often treating patients who suffered a stroke or had brain cancer. Stressful enough,…
US Rep. Donald Payne Jr., a New Jersey Democrat, has died, Speaker Mike Johnson announced on Wednesday. “We are saddened to be informed of the passing today of congressman Donald…
Markets
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BEIJING (Reuters) – Chinese EV maker BYD (SZ:) will showcase its premium brand’s first sedan at the Beijing auto show…
Finance
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Michael Cohen, Donald Trump’s ex-personal attorney, has now pledged to stop talking about the former president until after his testimony in the former president’s ongoing hush-money…
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The Gateway Pundit, the notorious far-right blog and prolific publisher of conspiracy theories, said…
Investing
The undervalued Dividend Aristocrat is in recovery mode after years of missteps By Yiannis Zourmpanos Summary AT&T AT&T stock bounces back after years of struggles fueled by mishaps on core business execution. Strategic wireless and 5G enhancements drive subscriber growth, beating competitors with 1.70 million annual additions. Fourth-quarter financials exceeded…
Economy
(Reuters) -Meta Platforms said on Wednesday it expects overall expenses this year…
Fintech
IBM shares slipped as much as 6% in extended trading Wednesday after…
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