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Business

Goldman Sachs drops new warning on interest rate hikes

Stock market investors are heading into CPI week with a familiar playbook. The hope is that inflation cools off further and the Fed

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Business

Fed’s Waller issues stark warning on inflation, interest rates

Let’s hope the Federal Reserve learned a mighty big lesson from the pandemic-era economic debacle that emerged when the U.S. central bank delayed

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Business

Major AI chip stock plunges after blockbuster $26.5 billion Nasdaq debut

One of the companies powering the global artificial intelligence boom has opened a new door for U.S. investors. SK Hynix, a South Korean

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Business

Massive AI spending has unexpected effect on U.S. inflation

Most economic indicators show that the explosion in artificial intelligence infrastructure spending is having a positive effect on the U.S economy. U.S. gross

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Business

TSMC’s June revenue jump breaks a four-year seasonal pattern

Taiwan Semiconductor Manufacturing (TSM) reported June revenue on July 13 that ran counter to its own recent history, and the timing is not

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Business

Mark Cuban warns AI could make US healthcare even worse

Marc Andreessen posted on X on July 12 that AI is already a better doctor than 99.99% of human doctors. He was reposting

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Business

Agenus stock doubles as biotech narrows Phase 3 bet

Agenus is redirecting its Phase 3 colon-cancer strategy. The biotech company said on July 13 that it will stop providing financial support for

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Business

U.S. travel ban stops some Americans from returning home

The Bundibugyo strain of Ebola, a catch-all term used for a group of viruses that damage the organs and lead to internal bleeding,

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Business

Vanguard doubles down on U.S. stocks with 4 new ETFs

Most Americans who invest do it without ever picking a single stock. They put money into an index fund, usually one that tracks

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Investing

Sterling rises as BoE rate hike bets strengthen amid inflation concerns

The GBP/USD pair rose to around 1.3355 during the early European session on Tuesday. The British pound strengthened against the US dollar. Investors

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