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Retailers that make it harder to return stuff face backlash from their customers

Retailers that make it harder to return stuff face backlash from their customers

In 2018, L.L. Bean ended its century-old “lifetime” return policy, limiting returns to one year after purchase and requiring receipts. The demise of this popular policy sparked backlash, with several customers filing lawsuits. It also…

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What is a dark comet? A quick guide to the ‘new’ kids in the Solar System

What is a dark comet? A quick guide to the ‘new’ kids in the Solar System

In 2017, NASA discovered and later confirmed the first interstellar object to enter our Solar System. It wasn’t aliens. But artist impressions of the object (called ‘Oumuamua, the Hawaiian word for “scout”) do resemble an…

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Five veterans join Central Banking’s advisory board

Central Banking has named five new members – from Africa, the Americas, Asia and Europe – to its advisory board. The new members are: James Bullard, president of the Federal Reserve Bank of St Louis…

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Oil drops from highest in weeks, focus on Fed rate cuts By Reuters

Oil drops from highest in weeks, focus on Fed rate cuts By Reuters

By Florence Tan SINGAPORE (Reuters) – Oil futures eased from their highest levels in weeks as traders took profit while waiting for a Federal Reserve meeting later this week for clues on further rate cuts.…

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The UK’s booming creative industries could employ even more people – if they attract fresh international investment

The UK’s booming creative industries could employ even more people – if they attract fresh international investment

The UK’s creative industries are an economic success story, contributing £124.6 billion to the country’s economy in 2022 – around 6% of the total. These industries, which include film, TV and publishing, grew by more…

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why older people are among the biggest users of social media

why older people are among the biggest users of social media

The Australian government’s recent decision to ban under 16s from social media has focused attention on the harms it can cause – especially for young people. But young people are just one segment of the…

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Gold prices steady below $2,700 as dollar firms with Fed in focus By Investing.com

Gold prices steady below $2,700 as dollar firms with Fed in focus By Investing.com

Investing.com– Gold prices fell on Friday, pressured amid expectations that the Federal Reserve’s December rate cut will be accompanied by a less dovish outlook.   fell 1.2% to $2,648.64 an ounce, while expiring in February were…

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Rail disruption in the UK is so common that the economic damage it causes is barely noticed – but change is possible

Rail disruption in the UK is so common that the economic damage it causes is barely noticed – but change is possible

Recent disruption to Britain’s rail network, caused by a fault in its outdated nationwide radio system, was more than just an inconvenience for thousands of commuters. It was a stark reminder of how far the…

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Majority have privacy concerns over CBDC – RBNZ survey

Majority have privacy concerns over CBDC – RBNZ survey

Most of New Zealand’s citizens worry that introducing a central bank digital currency (CBDC) will infringe on their privacy, a consultation by the country’s central bank has found. The Reserve Bank of New Zealand (RBNZ)…

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USDA does not expect to resume Mexico cattle imports before holidays, chief veterinary officer says By Reuters

USDA does not expect to resume Mexico cattle imports before holidays, chief veterinary officer says By Reuters

By Tom Polansek CHICAGO (Reuters) -The U.S. Department of Agriculture late on Friday walked back comments that it could resume imports of Mexican cattle before year-end holidays, after it suspended shipments last month due to…

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