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Facebook unveils 'Bulletin,' a newsletter subscription service. The recent growth of start-ups like Substack and Revue has renewed interest in newsletters. Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny. Nikole ...
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Dough-Not Buy Krispy Kreme's Overpriced IPO Instead, it appears that JAB Holdings took a once profitable business (Krispy Kreme traded under ticker KKD prior to 2016) private, focused on top-line growth, and ignored profitability. Per Figure 1, Core Earnings grew from -$17 million in 2006 to $37 million in ...
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Oil Edges Higher as OPEC+ Urges Prudence on More Supply OECD oil stocks below 2015-2019 average, OPEC's Barkindo says · Spread of delta variant poses threat to global demand recovery ...
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Stocks cling to gains Tuesday afternoon as S&P 500 edges further into record territory What's driving the market? Stocks remained up in late afternoon trading, with analysts saying investors remain buoyed by optimism about the economic recovery from the COVID pandemic as consumer confidence and house prices surge.
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China's Unwanted Crypto Miners Look for New Home Hi all, this is Zheping in Hong Kong. Every autumn, Chinese Bitcoin miners leave their bases in the country's hydropower-rich south to head north in search of cheap coal to fuel some of the world's largest cryptomining operations. They travel hundreds of miles ...
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This chart shows we are past peak inflation fear, supporting the stock market rally Over the past month, inflation fears have abated, and a chart diagramming the trend could be signaling the next leg up in the market. The 5-year breakeven rate is now at 2.45% while the 10-year sits at 2.33%, indicating that markets see inflation falling over a ...
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US consumer confidence near 1-1/2-year high; house prices accelerate WASHINGTON (Reuters) - U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June as growing labor market optimism amid a reopening economy offset concerns about higher inflation. FILE PHOTO: A customer pushes her shopping ...
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Money Stuff: Facebook Is Big But Maybe Not a Monopoly Yesterday a U.S. federal judge dismissed two antitrust lawsuits against Facebook Inc., brought by the U.S. Federal Trade Commission and a group of state attorneys general, claiming that it has a monopoly on social networking. Facebook investors celebrated ...
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Gearing Up To Hybrid Work? Here Is Why You Should Invest In Trust-Building Now With the vaccination campaigns advancing at great speed in a number of regions, mainly across Europe and North America, many companies and public sector employers are looking at ways of bringing employees back to the physical workplace. Unless you ...
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Bitcoin Extends Rebound With Chartists Eyeing Bullish Technicals Bitcoin is hanging tough amid a slew of negative headlines, extending its rally for the third day and lifting the spirit of battered bulls. The largest cryptocurrency has rallied above its average price over the past 20 days, a positive indication for advocates who ...
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