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Dollar steady, Swiss franc falls on large rate cut By Reuters

Dollar steady, Swiss franc falls on large rate cut By Reuters

By Samuel Indyk LONDON (Reuters) -The U.S. dollar was broadly steady on Thursday while the euro traded a touch higher before the European Central Bank’s monetary policy decision later in the day, where a quarter-point…

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Adobe forecasts annual revenue below estimates By Reuters

Adobe forecasts annual revenue below estimates By Reuters

(Reuters) -Photoshop maker Adobe (NASDAQ:) forecast annual revenue below Wall Street estimates on Wednesday, indicating the company’s investments to weave AI into its software applications were taking longer to bear fruit. Shares of the San…

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US CPI, Google’s chip, China policy meeting

US CPI, Google’s chip, China policy meeting

Investing.com — Wall Street is seen trading slightly lower Wednesday ahead of the release of key inflation data, which could guide future Federal Reserve policy.  1. US CPI looms large The week’s most eagerly anticipated…

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Economists say Canada likely missed deficit target as minister stays silent By Reuters

Economists say Canada likely missed deficit target as minister stays silent By Reuters

By Promit Mukherjee OTTAWA (Reuters) -Canada’s Finance Minister Chrystia Freeland declined to say on Tuesday whether the country would achieve its deficit target for the last fiscal year, fueling economists’ expectations that the Liberal government…

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China Everbright Group former chairman jailed 12 years for corruption, bribery By Reuters

China Everbright Group former chairman jailed 12 years for corruption, bribery By Reuters

BEIJING (Reuters) – China Everbright (OTC:) Group’s former chairman Tang Shuangning was sentenced to 12 years in prison for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV said on Tuesday. Tang…

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To help abuse survivors, Biden watchdog launches rulemaking By Reuters

To help abuse survivors, Biden watchdog launches rulemaking By Reuters

(Reuters) – The U.S. watchdog for consumer finance on Monday announced the start of the rulemaking process to protect victims of domestic violence and elder abuse, saying those who suffer such mistreatment can be coerced…

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Trump says he has no plans to remove Powell as Fed chair By Investing.com

Trump says he has no plans to remove Powell as Fed chair By Investing.com

Investing.com — President-elect Donald Trump has stated he has no intention of replacing Federal Reserve Chair Jerome Powell, whose term extends until May 2026. In an interview with NBC’s Kristen Welker on “Meet the Press,”…

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Could US tariffs ramp-up deflationary forces in Europe? By Investing.com

Could US tariffs ramp-up deflationary forces in Europe? By Investing.com

Investing.com — President-elect Donald Trump has already signaled that trade tariffs are likely to form part of his political agenda, but against concerns that a tit-for-tat U.S.-EU trade spat could threaten a fresh wave of…

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BCA on why Trump’s immigration policies may not mean a tighter jobs market By Investing.com

BCA on why Trump’s immigration policies may not mean a tighter jobs market By Investing.com

Investing.com — BCA Research challenged the assumption that Trump’s immigration policies will tighten the labor market and stoke inflation in a note to clients this week.  An analyst at the firm said that while a smaller…

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US clears export of advanced AI chips to UAE under Microsoft deal, Axios says By Reuters

US clears export of advanced AI chips to UAE under Microsoft deal, Axios says By Reuters

(Reuters) -The U.S. government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab Emirates as part of the company’s highly-scrutinized partnership with Emirati AI firm G42, Axios…

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