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UK public finances worsen on energy support, inflation: British state borrowing jumped last month on fallout from costly energy support and soaring inflation ...
english.alarabiya.net/business/economy/2022/11/22/UK-public-finances-worsen-on-energy-support-inflation
UK public finances worsen on energy support, inflation
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OECD says UK economy set for worst performance in G7: Germany’s economy is the only other G7 nation set to shrink next year
standard.co.uk/news/politics/oecd-uk-economy-worst-performance-g7-rishi-sunak-jeremy-hunt-b1041650.html
OECD says UK economy set for worst performance in G7
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UK public finances worsen on energy support, inflation: British state borrowing jumped last month on fallout from costly energy support and soaring inflation ...
english.alarabiya.net/business/economy/2022/11/22/UK-public-finances-worsen-on-energy-support-inflation
UK public finances worsen on energy support, inflation
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OECD says UK economy set for worst performance in G7: Germany’s economy is the only other G7 nation set to shrink next year
standard.co.uk/news/politics/oecd-uk-economy-worst-performance-g7-rishi-sunak-jeremy-hunt-b1041650.html
OECD says UK economy set for worst performance in G7
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West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
West is best? How we stack up against Australia
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Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Eurozone economy grows surprisingly strongly
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Why East Asia is simply better at Pisa: East Asian countries regularly perform best in the Pisa study. That's because of the lessons and: because of Confucius ...
spektrum.de/news/bildungsmisere-warum-ostasien-einfach-besser-ist-bei-pisa/2203434
Why East Asia is simply better at Pisa
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Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Could interest rate hikes be keeping inflation high?
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BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
BOJ to project inflation will stay around target, signal chance for rate ...
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Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...
straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march
Singapore core inflation eases more than expected to 3.1% in March
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Wall St gains after Friday sell-off, Mideast tensions subside: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as ...
reuters.com/markets/us/futures-recover-after-friday-sell-off-mideast-tensions-ease-2024-04-22/
Wall St gains after Friday sell-off, Mideast tensions subside
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
  • World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.

  • Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.

  • As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.

  • While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
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New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
New I Bond rates won't be tantalizing but they could be decent
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US bond bulls lean into latest selloff despite inflation scare: A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating ...
reuters.com/markets/us/us-bond-bulls-lean-into-latest-selloff-despite-inflation-scare-2024-04-22/
US bond bulls lean into latest selloff despite inflation scare
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More than 1 in 4 US adults over age 50 say they expect to never retire: AARP study
abcnews.go.com/Business/wireStory/1-4-us-adults-age-50-expect-retire-109580387
More than 1 in 4 US adults over age 50 say they expect to never retire: ...
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Brent hovers above $86 as traders unfazed by MidEast conflict: Global benchmark Brent slipped on Monday though it remained above $86 a barrel as traders turned ...
reuters.com/markets/commodities/oil-prices-retreat-us-crude-build-rate-cut-concerns-come-fore-2024-04-22/
Brent hovers above $86 as traders unfazed by MidEast conflict
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Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
Fast-food businesses hiking prices because of higher minimum wage sound ...
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Argentina's Milei revs up chainsaw and blender in fiscal deficit attack: Argentina's libertarian President Javier Milei is revving up his attack on the country's ...
reuters.com/markets/argentinas-milei-revs-up-chainsaw-blender-fiscal-deficit-attack-2024-04-23/
Argentina's Milei revs up chainsaw and blender in fiscal deficit attack
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Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Stock market sell-off has 'further to go,' JPMorgan warns
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BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
BOJ will hike rates if trend inflation accelerates, gov Ueda says
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JPMorgan CEO Dimon says ‘unbelievable’ US economy is booming: One of corporate America's most prominent executives on Tuesday expressed confidence in a ...
dailysabah.com/business/economy/jpmorgan-ceo-dimon-says-unbelievable-us-economy-is-booming
JPMorgan CEO Dimon says ‘unbelievable’ US economy is booming
Quick Glance: JPMorgan CEO Dimon Praises US Economy
  • Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.

  • Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.

  • However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.

  • Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
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FTC votes to ban noncompete clauses that bar employees from working for competitors
cnbc.com/2024/04/23/ftc-votes-to-ban-noncompete-clauses-that-bar-employees-from-working-for-competitors-.html
FTC votes to ban noncompete clauses that bar employees from working for ...
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
  • The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.

  • The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.

  • Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.

  • Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
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Long-lost Klimt portrait goes under the hammer at Vienna auction : The auction house estimates the painting's value at up to €50 million ...
euronews.com/culture/2024/04/24/long-lost-klimt-portrait-goes-under-the-hammer-at-vienna-auction
Long-lost Klimt portrait goes under the hammer at Vienna auction
Quick Glance: Klimt's 'Portrait of Miss Lieser' Sells for $32 Million Euros at Auction
  • Klimt's 'Portrait of Miss Lieser' sells for $32 million euros at auction despite subject's uncertainty.

  • The painting depicts a young woman in a turquoise dress and floral gown against a red background.

  • The current owners reached a 'fair and just solution' with the legal successors of the Lieser family.

  • The painting's history post-Klimt's death and during the Nazi era raises significant questions.
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Vodafone: Customers can now join class action lawsuit over price increase: The price increases for Vodafone's fixed network in 2023 could be ineffective ...
faz.net/aktuell/wirtschaft/vodafone-kunden-koennen-jetzt-bei-sammelklage-wegen-preiserhoehung-mitmachen-19674449.html
Vodafone: Customers can now join class action lawsuit over price increase
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Stock market outlook: Steep plunge means bull rally can push higher: The correction in stocks since the market hit all-time highs in March is actually good news ...
markets.businessinsider.com/news/stocks/stock-market-outlook-bull-market-inflation-fed-rate-cuts-election-2024-4
Stock market outlook: Steep plunge means bull rally can push higher
Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
  • Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.

  • Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.

  • Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.

  • JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
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Leicester City announce season ticket price rise plus £25 fee for physical card: Leicester City have announced their season ticket prices for 2024/25 and a ...
leicestermercury.co.uk/sport/football/football-news/leicester-city-announce-season-ticket-9238905
Leicester City announce season ticket price rise plus £25 fee for physical ...
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Young people are less worried about climate change and would be more likely to vote for AfD
businessinsider.de/politik/die-jugend-sorgt-sich-weniger-vor-klimawandel-und-wuerde-eher-afd-waehlen/
Young people are less worried about climate change and would be more ...
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Chalmers’ high-wire act just got harder: For two years, the Reserve Bank has been talking about negotiating a narrow economic path. But inflation is buried deep ...
theage.com.au/politics/federal/chalmers-high-wire-act-just-got-harder-20240424-p5fm5g.html
Chalmers’ high-wire act just got harder
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Stock Market Today: Markets Rebound Ahead of Big Week for Earnings: Equities rallied on easing geopolitical tensions, upcoming quarterly results.
kiplinger.com/investing/stocks/stock-market-today-markets-rebound-ahead-of-big-week-for-earnings
Stock Market Today: Markets Rebound Ahead of Big Week for Earnings
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FTC sues to block luxury fashion merger of Tapestry and Capri Holdings: Federal regulators claim the union would lead to higher prices for U.S ...
washingtonpost.com/business/2024/04/22/tapestry-capri-merger-ftc/
FTC sues to block luxury fashion merger of Tapestry and Capri Holdings
Quick Glance: Dispute Arises Over Fusion Between Tapestry Inc. and Capri Holdings
  • Legal actions have been taken by the FTC to block the proposed merger between Tapestry Inc. and Capri Holdings Limited.

  • Competition between the involved brands would be at risk with the merger, potentially granting Tapestry a dominant market share in the 'accessible luxury' handbag sector.

  • To halt the deal, the FTC is seeking a temporary restraining order and a preliminary injunction, with Tapestry and Capri planning to contest the decision in court.

  • Both companies stress that the merger has already been approved by regulators in the European Union and Japan, aiming to finalize the acquisition while battling the FTC lawsuit.
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Higher interest rates are rippling through the market again: Borrowers from homebuyers to the federal government are seeing their costs surge.
axios.com/2024/04/23/interest-rates-higher-for-longer
Higher interest rates are rippling through the market again
Quick Glance: McConnell Attributes Delay in Crucial Ukraine Aid to Tucker Carlson and Trump
  • Mitch McConnell celebrated new U.S. aid to Ukraine and blamed Tucker Carlson and Donald Trump for the delay.

  • McConnell emphasized the importance of Ukraine aid, criticized Carlson and Trump for the delay, and praised the expected passage of the bill.

  • He expressed support for Ukraine aid and highlighted the significance of supporting freedom-loving countries globally.

  • McConnell expressed optimism about the GOP Senate nominees and confidence in winning the majority to transition into the role of majority leader.
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HECS debts set for $1250 setback following fresh inflation figures: Higher-than-expected inflation figures released today aren't just bad news for home- and ...
9news.com.au/finance/student-debt-hecs-help-indexation-march-inflation-data/5e837781-ab9f-4602-9260-faff7b9dfcec
HECS debts set for $1250 setback following fresh inflation figures
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Good News for Biden on Growth, Bad News on Inflation Fight: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-24/good-news-for-biden-on-growth-bad-news-on-inflation-fight
Good News for Biden on Growth, Bad News on Inflation Fight
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Milei trumpets quarterly budget surplus in TV address: President announces Argentina’s first quarterly fiscal surplus since 2008 during a televised speech ...
batimes.com.ar/news/argentina/milei-trumpets-quarterly-budget-surplus-in-argentina-tv-address.phtml
Milei trumpets quarterly budget surplus in TV address
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Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Mortgage demand falls again as interest rates soar past 7%
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BTC trades at ‘deep discount’ after halving — 5 things to know in Bitcoin this week
cointelegraph.com/news/btc-trades-deep-discount-after-halving-5-things-bitcoin-this-week
BTC trades at ‘deep discount’ after halving — 5 things to know in Bitcoin ...
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Dollar suffers PMI hangover, Aussie jumps on inflation surprise: The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling ...
reuters.com/markets/currencies/dollar-shaky-after-euro-rebound-yen-mired-34-year-low-2024-04-24/
Dollar suffers PMI hangover, Aussie jumps on inflation surprise
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Primark Owner AB Foods Expects Significant Profit Growth as Inflation Eases: Associated British Foods Plc raised its outlook and interim dividend as shoppers ...
bloomberg.com/news/articles/2024-04-23/ab-foods-expects-significant-profit-growth-as-inflation-eases
Primark Owner AB Foods Expects Significant Profit Growth as Inflation ...
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How 4% Could Be the New Inflation Target: Whether explicitly or implicitly, central banks look likely to take a more flexible approach in future.
bloomberg.com/news/newsletters/2024-04-24/how-4-could-be-the-new-inflation-target
How 4% Could Be the New Inflation Target
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Star Wars Jedi: Survivor Part of EA Play in Some PlayStation Regions [Update: Game Pass Also Confirmed] - IGN
ign.com/articles/star-wars-jedi-survivor-part-of-ea-play-in-some-playstation-regions
Star Wars Jedi: Survivor Part of EA Play in Some PlayStation Regions ...
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Australia Inflation Reinforces RBA Case to Keep Interest Rates at 12-Year High: Australia’s inflation came in faster than expected in the first three months of ...
bloomberg.com/news/articles/2024-04-24/australian-inflation-reinforces-case-for-higher-for-longer-rates
Australia Inflation Reinforces RBA Case to Keep Interest Rates at 12-Year ...
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Morgan Stanley Warns of Possible Tokyo CPI Yen Shock Before BOJ: Morgan Stanley MUFG Securities economists flagged a risk of Tokyo inflation data causing a ...
bloomberg.com/news/articles/2024-04-25/morgan-stanley-warns-of-possible-tokyo-cpi-yen-shock-before-boj
Morgan Stanley Warns of Possible Tokyo CPI Yen Shock Before BOJ
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IMF calls for smaller budget amid low revenue receipts: The IMF mission suggested that the upcoming budget, which will be unveiled in the first week of June ...
thedailystar.net/business/economy/news/imf-calls-smaller-budget-amid-low-revenue-receipts-3594611
IMF calls for smaller budget amid low revenue receipts
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What’s behind the record FTSE 100 high?: Hopes of a UK interest rate cut and easing geopolitical tensions are not the only reasons for the intraday peak reached ...
theguardian.com/business/2024/apr/23/whats-behind-record-ftse-100-high-uk-explainer
What’s behind the record FTSE 100 high?
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Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank: Emerging Asia’s worst-performing sovereign bonds are at risk of further declines as the ...
bloomberg.com/news/articles/2024-04-25/bonds-at-risk-from-asia-s-most-inflation-sensitive-central-bank
Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank
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The Surprising Way Inflation Can Be Good for People With Debt: New research shows that most people are unaware inflation can help consumers — by making it easier ...
money.com/inflation-easier-to-pay-off-debt/
The Surprising Way Inflation Can Be Good for People With Debt
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Milei’s team sees inflation slowing faster than economist survey: President Javier Milei’s economic team sees monthly inflation slowing much faster this year ...
batimes.com.ar/news/economy/mileis-team-sees-argentinas-inflation-slowing-faster-than-economist-survey.phtml
Milei’s team sees inflation slowing faster than economist survey
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BOJ to discuss impact of yen's rapid slide at this week's policy meeting: TOKYO -- Policymakers at the Bank of Japan are expected to focus on the effects of a ...
asia.nikkei.com/Economy/Bank-of-Japan/BOJ-to-discuss-impact-of-yen-s-rapid-slide-at-this-week-s-policy-meeting
BOJ to discuss impact of yen's rapid slide at this week's policy meeting
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StanChart Tells Clients Craving Oil, Copper to Beware Inflation: Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and ...
bloomberg.com/news/articles/2024-04-24/stanchart-tells-clients-craving-oil-copper-to-beware-inflation
StanChart Tells Clients Craving Oil, Copper to Beware Inflation
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Bank of Canada officials split on when to start cutting interest rates: Members of the Bank of Canada's governing council were split on how long the central bank ...
ctvnews.ca/business/bank-of-canada-officials-split-on-when-to-start-cutting-interest-rates-1.6860326
Bank of Canada officials split on when to start cutting interest rates
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Hot: The Bloomberg Close, Asia Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-24/hot-the-bloomberg-close-asia-edition
Hot: The Bloomberg Close, Asia Edition
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Slow, but solid US economic growth anticipated in Q1; inflation likely heats up: U.S. economic growth likely slowed to a still-solid pace in the first quarter ...
reut.rs/3WeBxe5
Slow, but solid US economic growth anticipated in Q1; inflation likely ...
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British grocery inflation dips to 3.2%, says Kantar: UK grocery price inflation fell for the 14th month in a row in April, partly driven by an increase in ...
reuters.com/world/uk/british-grocery-inflation-dips-32-says-kantar-2024-04-23/
British grocery inflation dips to 3.2%, says Kantar
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Home price rise would be subdued at 5% in FY25: India Ratings: Residential prices have moved up 22% y-o-y at the start of FY24 and would be subdued at around 5% ...
financialexpress.com/business/industry-home-price-rise-would-be-subdued-at-5-in-fy25-india-ratings-3466309/
Home price rise would be subdued at 5% in FY25: India Ratings
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2025 Porsche Cayenne GTS Joins the Party with 493 HP and $127K Base Price: Along with more horsepower and higher prices, the sporty GTS SUV and Coupe benefit ...
caranddriver.com/news/a60551600/2025-porsche-cayenne-gts-new-details-price/
2025 Porsche Cayenne GTS Joins the Party with 493 HP and $127K Base Price
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Fed to Cut Interest Rates Twice in 2024, BlackRock’s Rick Rieder Says: Bond investors confronting a painful run-up in yields in the past month may soon find ...
bloomberg.com/news/articles/2024-04-22/blackrock-s-rieder-sees-scope-for-two-fed-rate-cuts-this-year
Fed to Cut Interest Rates Twice in 2024, BlackRock’s Rick Rieder Says
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Investors price in growing chance of another Federal Reserve interest rate rise: While base case remains reduction in borrowing costs, options market shows a 20% ...
ft.com/content/8c5da64b-766e-4993-86f5-aac95342432a
Investors price in growing chance of another Federal Reserve interest rate ...
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‘A blow to the soul.’ Inflation forces Mid-Cities food pantry to close after 25 years
star-telegram.com/news/local/article287770815.html
‘A blow to the soul.’ Inflation forces Mid-Cities food pantry to close ...
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Dallas permitting debacle is par for the course: How did the City of Dallas bungle its own permitting building in Stemmons Frwy? Municipal government is about ...
dallasnews.com/opinion/commentary/2024/04/17/dallas-permitting-debacle-is-par-for-the-course/
Dallas permitting debacle is par for the course
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Nikkei leads Asian gains following Wall Street rally: Asian shares rose on Wednesday, led by an 2% gain in Japan’s Nikkei 225 after U.S. stocks rallied for a ...
japantoday.com/category/business/nikkei-leads-asian-gains-following-wall-street-rally
Nikkei leads Asian gains following Wall Street rally
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Finance Minister Lindner taunts America's IRA: Federal Finance Minister Christian Lindner claims that the American Inflation Reduction Act (IRA) is driving ...
faz.net/aktuell/wirtschaft/finanzminister-lindner-stichelt-gegen-amerikas-ira-19669035.html
Finance Minister Lindner taunts America's IRA
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Decoding Gen Z fancy titles: What they really mean in the workplace: Such titles at the beginning of the careers can lead to disillusion…
gulfnews.com/friday/wellbeing/decoding-gen-z-fancy-titles-what-they-really-mean-in-the-workplace-1.1713873728030
Decoding Gen Z fancy titles: What they really mean in the workplace
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Dave Myers: Premier Inn explain Cumbria Dave Day price rise: The hotel chain have responded after the cost for a room on June 8 roughly doubled compared to the ...
nwemail.co.uk/news/24271837.dave-myers-premier-inn-explain-cumbria-dave-day-price-rise/
Dave Myers: Premier Inn explain Cumbria Dave Day price rise
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Argentina's austerity program: A cure with uncertain effects: After four months, Argentina's president has still not passed any law. Nevertheless ...
faz.net/aktuell/wirtschaft/argentiniens-sparkurs-eine-kur-mit-ungewisser-wirkung-19665741.html
Argentina's austerity program: A cure with uncertain effects
Profile picture of The Age
Price pressures to ease but Australians hit by record tax take: Inflation is forecast to have fallen to its lowest level since 2021 as price pressures ease ...
theage.com.au/politics/federal/price-pressures-to-ease-but-australians-hit-by-record-tax-take-20240423-p5flz9.html
Price pressures to ease but Australians hit by record tax take
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US business activity cools in April; inflation measures mixed: U.S. business activity cooled in April to a four-month low due to weaker demand ...
reuters.com/markets/us/us-business-activity-cools-april-inflation-measures-mixed-2024-04-23/
US business activity cools in April; inflation measures mixed