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CBDC will not reduce seigniorage, panellists say

CBDC will not reduce seigniorage, panellists say

Issuing a central bank digital currency (CBDC) should not decrease seigniorage, panellists at the Central Banking Summer Meetings said on June 13. Seigniorage – the revenue a central bank makes from printing notes, an important source of…

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Oil prices rebound 1% on concerns wider Mideast conflict may cut supply By Reuters

Oil prices rebound 1% on concerns wider Mideast conflict may cut supply By Reuters

By Yuka Obayashi and Trixie Yap (Reuters) -Oil prices rebounded by more than 1% on Tuesday, paring previous session’s losses, on supply concerns amid an escalating Middle East conflict, stronger U.S. services sector data and…

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Stop panicking … this is what a soft landing should look like

Stop panicking … this is what a soft landing should look like

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024…

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how this will boost the country’s progress

how this will boost the country’s progress

The Blue Origin space craft owned by Amazon founder Jeff Bezos is to take six individuals to space from nations historically underrepresented in space exploration. Nigeria is one of the selected countries. Though a date…

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Oil climbs more than $1 into positive territory By Reuters

Oil climbs more than $1 into positive territory By Reuters

By Erwin Seba HOUSTON (Reuters) -Oil climbed more than $1 on Monday, returning to positive territory in volatile trade as markets were roiled by stock market sell-offs on fears of a U.S. recession, but declines…

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I researched the dark side of social media − and heard the same themes in ‘The Tortured Poets Department’

I researched the dark side of social media − and heard the same themes in ‘The Tortured Poets Department’

As an expert in consumer behavior, I recently edited a book about how social media affects mental health. I’m also a big fan of Taylor Swift. So when I listened to Swift’s latest album, “The…

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what’s happening to the weather and what it means for the rest of the year

what’s happening to the weather and what it means for the rest of the year

Australia’s south and east have seen freezing temperatures and wild weather this winter. At the same time, the continent as a whole – and the globe – have continued to warm. What’s going on? As…

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Chevron removes non-essential personnel from Gulf of Mexico sites as Debby approaches By Reuters

Chevron removes non-essential personnel from Gulf of Mexico sites as Debby approaches By Reuters

(Reuters) – Chevron Corp (NYSE:) said on Sunday that non-essential personnel from its Blind Faith and Petronius facilities in Gulf of Mexico have been removed as Tropical Storm Debby approaches. “There has been no effect…

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Retirement as we know it is ending – it’s time to rethink the idea of working age

Retirement as we know it is ending – it’s time to rethink the idea of working age

When do you think you’ll retire? Aged 65? Younger, if you’re lucky? Maybe older if you’re unlucky – or if you’re young right now? Someone from a high-income country starting their first job can expect…

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US EPA issues fuel waiver for Midwest states hit by refinery outage By Reuters

US EPA issues fuel waiver for Midwest states hit by refinery outage By Reuters

By Shariq Khan and Rahul Paswan (Reuters) -The U.S. Environmental Protection Agency (EPA) on Thursday issued an emergency waiver to help alleviate fuel shortages in four Midwest states where the supply of gasoline has been…

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