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Japan’s corporate service prices rise at fastest pace in over 2 years -Breaking

© Reuters. FILE PHOTO – People running with Tokyo’s commercial district behind them, Tokyo, Japan April 7, 2021. REUTERS/Kim Kyung-Hoon TOKYO, Reuters – The index that measures the prices Japanese companies charge for their services rose at an annual rate of 2% in April, according to data released on Thursday. This is a signal that […]

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Walmart, CVS to halt filling prescriptions for controlled substances by Cerebral, Done -Breaking

2/2 © Reuters. FILEPHOTO: This is an image of a Walmart sign in Mexico City. It was taken on the 28th March 2019. REUTERS/Edgard Garrido 2/2 (Reuters) – Walmart (NYSE) Inc. and CVS Health Corp. (NYSE) announced Wednesday that they would no longer fill prescriptions for controlled substances from telehealth startup Cerebral Inc. and Done […]

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Oklahoma governor puts strictest abortion ban in the U.S. into effect -Breaking

© Reuters. FILE PHOTO – Medical tools are sterilized after a surgical abortion was performed in Oklahoma City (U.S.A), December 6, 2021. REUTERS/Evelyn Hockstein (Reuters) – Oklahoma Governor Kevin Stitt signed Wednesday’s strictest abortion ban into law. It prohibits fertilization abortions and permits private citizens to sue women who assist them in terminating their pregnancies. […]

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Bank of America reveals 5 top stocks based on the company’s ‘killer charts’

Bank of America named several stocks that have “killer” corporate charts. These include the five following, which are all buy-rated according to its analysts. According to Bank of America, the “killer chart” research notes are often the most popular in its year. Bank of America analysts, led by Jason Fairclough, assessed charts from a range […]

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Banks pick their favorite battery stocks and Goldman Sachs loves one

Goldman Sachs loves one EV stock for its battery innovation – and it also makes the bank’s conviction list of top buy-rated stocks. HSBC has named energy storage companies as its top conviction themes. BYD (Chinese electric vehicle) company is rated buy by Goldman because of its innovative battery technology. It was described as market-leading […]

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Australia’s housing boom to deflate as mortgage rates rise: Reuters poll -Breaking

© Reuters. A excavator can be seen at an apartment block construction site in Epping, Sydney (Australia), February 1, 2019, REUTERS/Tom Westbrook/Files Vivek Maishra BENGALURU, (Reuters) – The rapid rise in house prices in Australia will come to a halt in 2018, and a 8% drop in 2023, as a mortgage rate rises and the […]

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‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal -Breaking

‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal On May 25, the crypto market settled in a hold pattern after traders chose to remain on the sidelines for the FOMC midday meeting. Federal Reserve signaledThat it will continue to raise interest rates. According to Don’t forget to enter the […]

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U.S. Fed minutes point to more rate hikes ahead

CNBC Pro: Stock pickings and investment trends The U.S. Fed Minutes released Wednesday indicated that officials were ready to proceed with several 50-basis point rate increases. Federal Open Market Committee said that policy could need to shift from neutral territory into restrictive territory. Shares on Wall Street rose following the release of the Fed minutes, […]

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Optimism dries up for UK services industry

© Reuters. FILEPHOTO: Walking across Waterloo Bridge, London during morning rush hour on May 18, 2022, Britain. REUTERS/Hannah McKay Andy Bruce LONDON, (Reuters) – Confidence is eroding in the service firms dominating Britain’s economy. This includes consumer-facing businesses that are the most vulnerable to the increasing cost of living. According to the Confederation of British […]

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Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable -Breaking

Roomful of Futures Industry Insiders Attend CFTC Roundtable Sam Bankman Fried, CEO of FTX did a lot talking Wednesday at the United States Commodity Futures Trading Commission’s (CFTC) staff roundtable discussion on non-intermediation. He FieldedQuestions and concerns from 31 industry professionals regarding the FTX.US request to clear margined products without a futures merchant (FCM). Many […]