By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Some investors are already gaming out how the U.S. 2024 presidential election could impact markets, as former president Donald Trump’s …
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Analysis-Record-high US stocks grow more expensive versus global peers
by Reutersby ReutersBy Lewis Krauskopf NEW YORK (Reuters) – The U.S. stock market’s march to all-time highs is putting the spotlight on its large valuation premium over global equities, leading some investors …
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PayPal to launch AI-based products as new CEO aims to revive share price
by Reutersby ReutersBy Hannah Lang (Reuters) -PayPal is launching new artificial intelligence-driven products as well as a one-click checkout feature, the company said on Thursday as its chief executive tries to inject …
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US warned Iran of ‘terrorist threat’ before Jan. 3 attack -official
by Reutersby ReutersBy Simon Lewis and Arshad Mohammed WASHINGTON (Reuters) – The U.S. government privately warned long-time antagonist Iran about a “terrorist threat” within its borders ahead of a deadly attack this …
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US economy brushes aside recession fearmongering with strong Q4 performance
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy grew faster than expected in the fourth quarter amid strong consumer spending, and shrugged off dire predictions of a recession after …
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Kuwait foils plot to attack Shi’ite places of worship -state news agency
by Reutersby Reuters(Reuters) -Kuwait’s interior ministry on Thursday foiled a plan by a militant cell to attack Shi’ite Muslim places of worship, state news agency (KUNA) reported. Security personnel monitored the cell’s …
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Trump seeks to disqualify Georgia prosecutor, accusing her of ‘stoking racial animus’
by Reutersby ReutersWASHINGTON (Reuters) -Former U.S. President Donald Trump on Thursday joined an effort by a co-defendant in his Georgia election interference case to disqualify prosecutor Fani Willis and dismiss the criminal …
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By Stephen Nellis (Reuters) -Apple on Thursday outlined its plans to allow software developers to distribute their apps to users in the European Union outside of Apple’s own App Store. …
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Around 20 civilians killed in Congo attack, army and rebels trade blame
by Reutersby ReutersGOMA, Democratic Republic of Congo (Reuters) – Around 20 civilians were killed in an attack in eastern Democratic Republic of Congo on Thursday, the army and M23 rebels said, accusing …
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UN urges measures to stop arms trafficking fueling Haiti’s gang wars
by Reutersby ReutersBy Sarah Morland (Reuters) – The head of the United Nation’s drugs and crime office on Thursday warned of a “vicious cycle” of arms trafficking to increasingly powerful Haitian gangs, …
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US SEC delays decision on Grayscale, BlackRock’s spot Ethereum ETFs
by Reutersby Reuters(Reuters) – The U.S. Securities and Exchange Commission (SEC) delayed on Thursday its decision on an application by crypto asset manager Grayscale Investments to convert its Ethereum trust product into …
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QUITO (Reuters) – Ecuadorean Police on Thursday destroyed some 21.5 metric tons of cocaine which they seized over the weekend as part of a military offensive declared by the government …
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By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank held interest rates at a record-high 4% on Thursday and reaffirmed its commitment to fighting inflation even as …
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By Jeff Mason and Trevor Hunnicutt SUPERIOR, Wisconsin (Reuters) -U.S. President Joe Biden is pushing $5 billion into transportation projects around the country during a visit Thursday to Wisconsin, hoping …
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ROME (Reuters) – Italy’s industry minister, Adolfo Urso, has no plans to promote measures to help borrowers in arrears and would rather leave the matter with parliament, he told Reuters, …
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Cancer drug developer CG Oncology valued at $1.75 billion in strong debut
by Reutersby ReutersBy Pritam Biswas (Reuters) -Cancer drug developer CG Oncology notched up a valuation of $1.75 billion in its market debut on Thursday, after its shares jumped 52.6% at the open, …
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Paramount CEO announces layoffs as cost pressures, take-private talks build – CNBC
by Reutersby Reuters(Reuters) – Paramount Global CEO Bob Bakish has announced layoffs at the media firm, as it needs to “operate as a leaner company and spend less,” CNBC reported on Thursday …
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By Aditya Soni (Reuters) -Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that …
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By Saeed Azhar NEW YORK (Reuters) – Bank of America will give stock awards to employees who earn $500,000 or less, or about 97% of its workforce, according to a …
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Yellen says ‘tax fairness,’ workforce funds key to Biden’s second-term agenda
by Reutersby ReutersBy David Lawder CHICAGO (Reuters) – U.S. President Joe Biden’s second-term economic agenda will focus heavily on “tax fairness” that makes wealthy people and corporations pay more, and will likely …
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FRANKFURT (Reuters) – European Central Bank policymakers are open to a change in their rhetoric at their next meeting, paving the way for an interest rate cut possibly in June, …
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By Mark Miller (Reuters) – The new year has brought some new math for anyone running their retirement planning numbers. Social Security checks are a bit higher this month, thanks …
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(Reuters) – The U.S. Securities and Exchange Commission is set to vote next week on proposed regulations that would bring more proprietary traders and Treasury broker-dealers under the regulators’ oversight, …
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Ferragamo CEO warns turnaround may take longer after 2023 sales drop
by Reutersby ReutersMILAN (Reuters) – Sales at Italian luxury goods group Salvatore Ferragamo dropped by 8.1% at constant currencies last year, prompting Chief Executive Marco Gobbetti to warn that hitting turnaround goals …
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Walmart engaged in illegal union busting at California store, U.S. agency says
by Reutersby ReutersBy Daniel Wiessner (Reuters) – Walmart has been accused by a U.S. labor agency of using a series of illegal tactics to deter unionizing at a California store. The National …