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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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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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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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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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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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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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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(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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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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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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