Luxury fashion brand Burberry plans to cut approximately 1,700 jobs as part of a cost-saving initiative aimed at reducing expenses by 2027. The British designer, known for its […]
Technology
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Saudi Firm Assists in Refinancing Musk’s X Corp Debt
In Riyadh at the Saudi-U.S. Investment Forum, Elon Musk revealed that Starlink, part of SpaceX, had secured a deal with Saudi Arabia to provide internet services for the […]
Technology
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Rivian and VW’s Affordable EVs to Feature High-Tech Software
Rivian and Volkswagen are collaborating to produce more affordable electric vehicles (EVs) without compromising on advanced technology. Wassym Bensaid, Rivian’s chief software officer, emphasized that the upcoming EV […]
Economy
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Vice Chair Jefferson Discusses Economic Outlook Amid Tariff Uncertainty
Vice Chair Philip Jefferson of the Federal Reserve delivered remarks on the current economic outlook, emphasizing the impact of recent tariff announcements and policy uncertainties. While the economy […]
Uncategorized
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US Ports Brace for Surge in Cargo Following Tariff Reduction
US ports are preparing for a potential surge in cargo following a reduction in tariffs on goods imported from China. Starting Wednesday, the tariff rate on Chinese goods […]
Uncategorized
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FTC Bans Hidden Fees for Concert Tickets and Short-Term Lodging
Consumers will no longer face hidden fees when purchasing concert tickets or booking short-term lodging, as the Federal Trade Commission (FTC) has implemented a new rule banning such […]
Uncategorized
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Over 75K Eye Care Products Recalled Across US Due to Manufacturing Deviations
Approximately 76,000 cases of eye care products have been recalled across the United States by BRS Analytical Services following an FDA audit that identified deviations from standard manufacturing […]
Markets
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Wall Street’s Biggest Bull Predicts S&P 500 to Reach 5,900 by Year-End
A significant prediction has emerged from Wall Street’s biggest bull, forecasting the S&P 500 to reach 5,900 by the end of the year. This optimistic outlook is driven […]
Banks
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JPMorgan Chase Explores Public Blockchain for Transaction Settlement
JPMorgan Chase has ventured beyond its traditional ‘walled garden’ approach by settling a transaction on a public blockchain. This marks a significant step for the banking giant as […]
Markets
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US Dollar Declines Amid Talks with South Korea and Soft US Inflation Data
The US Dollar weakened for a second consecutive day following softer-than-expected US inflation data. The Korean Won strengthened against the Greenback after both countries discussed Forex markets. The […]