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The US economy cooled more than expected in the first quarter of the year, but remained healthy by historical standards. Economic growth has slowed steadily over the past 12 months, which bodes well for lower interest rates, but the Federal Reserve has made it clear…
Blockchains as we know them have been around now for over 15 years. Yet, the applications for interacting with them are still stubbornly hard for the average person to use, despite the many brilliant minds in the industry. This has been a problem for so long that the way we…
DEROIT – Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a “comprehensive EV value chain,” the Japanese automaker announced Thursday.The company said the new North American EV epicenter will include new assembly and battery plants as well as other facilities to…
Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.The Dow Jones Industrial Average slid 611 points, or 1.6%, weighed down by steep declines in Caterpillar and IBM. The S&P 500 dropped 1.3%, and the Nasdaq Composite lost 1.7%.U.S. gross…
Kim Kardashian will join Vice President Kamala Harris at the White House on Thursday for a roundtable to discuss pardons issued by President Joe Biden earlier this month, a White House official said Thursday. Kardashian previously met with former President Donald Trump at the White House as part of her…
Primark, the value chain has again reported strong sales, as management of ABF reported 26 weeks results. Revenues rose 6 percent to £4.6 billion ($5,6 billion) from £4.23 billion ($5.09 billion) a year or up 7.5% in constant currency. Operating profit jumped 45 percent. New stores contributed 5.4 percent of…
By Shristi Achar A and Shashwat Chauhan(Reuters) – U.S. stocks were sharply…
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AUD/USD falls back down below 0.6500 after US Q1 GDP data reveals…
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Recent data from CryptoQuant indicates a steep decline in daily revenue for…
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By Jack Queen(Reuters) – Donald Trump’s criminal hush money trial is set to resume in New York on Thursday with a former tabloid publisher testifying about efforts to help Trump’s 2016 presidential bid by burying negative stories, including an alleged affair with a former Playboy model.Former National Enquirer publisher David Pecker, 72, is a key witness in the case against the former U.S. president, who is accused of falsifying business records documenting a $130,000 payment to porn star Stormy Daniels to keep her quiet about an affair she said she had with Trump in 2006. Pecker, who has not been…
(Refiles to add dropped word to the headline)By Andrew GoudswardWASHINGTON (Reuters) – The U.S. Supreme Court hears arguments on Thursday on Donald Trump’s claim that he enjoys sweeping immunity from…
President Joe Biden might not be saying much about his Republican challenger’s criminal trial, but as Donald Trump sits in a Manhattan courtroom — irritated, seemingly tired and, by his…
By Mike Scarcella(Reuters) – The U.S. government set up a likely court showdown over the scope of TikTok’s free speech protections under the U.S. Constitution after President Joe Biden signed…
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Investing.com– U.S. stocks traded sharply lower Thursday, with investors hit by a combination of slowing economic growth and disappointing second-quarter…
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Harvey Weinstein’s sex crimes conviction was overturned Thursday by the New York Court of Appeals, which found that he hadn’t gotten a fair trial.In its 4-3…
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KYIV (Reuters) – Ukraine’s central bank lowered its main interest rate to…
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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. America’s relentless spending has kept the economy motoring. But it’s starting to worry…
Economy
Venice became the first city in the world to charge a payment…
Fintech
A UK couple’s home renovation project turned into a profitable venture when…
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