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More Americans Have Been Defaulting On Their Debts, And BHP Warned That AI Will Exacerbate A Copper Shortage

Americans have fallen behind on car and credit payments, scaring investors away from consumer lending stocks, while the world’s biggest mining firm p…

2 years ago

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UniCredit Revealed A 9% Stake In Commerzbank, And China Agreed To Increase Its Retirement Age

 UniCredit built up a stake in German rival Commerzbank, and the Italian bank has a merger on the mind, while China agreed to increase its retirement…

2 years ago

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OpenAI’s Valuation Is Set To Hit $150 Billion, And The ECB Cut Interest Rates

OpenAI’s valuation is set to hit $150 billion, with tech giants said to be ready to line its coffers, while the European Central Bank cut interest ra…

2 years ago

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US Inflation Cooled, And A Popular Type Of ETF Launched In Europe

US inflation cooled by slightly more than expected in August, while a popular type of ETF just launched in Europe for the first time.

Today’s stories:…

2 years ago

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Big Tech’s Been Dominating Private Markets, And China’s On The Precipice Of Deflation

Big Tech's been hogging the AI opportunities, leaving VC firms in limbo, while fresh data suggested that China’s headed toward a period of deflation.…

2 years ago

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Elon Musk Wants Tesla And xAI To Buddy Up, And Kering’s Stock Has Tanked

Tesla needs tech support, and Elon Musk wants to task xAI with the job, while luxury brands fell out of fashion as China’s shoppers stopped spending.…

2 years, 1 month ago

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The Latest US Jobs Report Left Markets Guessing, And American Companies Broke Records In The Bond Market

The latest US jobs report left markets unsure about the size of the Fed's long-awaited rate cut, while American companies broke records in the bond m…

2 years, 1 month ago

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Intel Failed An Important Test, And Investors Have Put Nearly $1 Trillion Into Active ETF

Intel flunked a crucial test, and now its $20 billion funding award is in question, while investors have funnelled nearly $1 trillion into active ETF…

2 years, 1 month ago

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Stock Markets Fell Down Yet Again, And The US Department of Justice Is Looking At Nvidia

US stocks tumbled again, suggesting that investors are still on pins and needles, while Nvidia became the latest tech company to catch the US Departm…

2 years, 1 month ago

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Volkswagen Might Have To Shut Up Shops At Home, And A Record Number Of 401(k) Accounts Hit The $1 Million Mark

Volkswagen might close German factories for the first time ever, while the US notched a record number of 401(k) millionaires – with the stock market …

2 years, 1 month ago

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