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Monthly Archives: January 2023

Stocks making the biggest moves midday: Carvana, AMD and more

Check out the companies making headlines in midday trading Monday. Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Colgate-Palmolive — Shares gained 2.8% after Morgan Stanley upgraded the stock to overweight from equal weight and named it the top pick in the …

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Why you’re getting job interviews—but no offers

As a career coach who has helped hundreds of people land six-figure jobs, I’ve found that most job seekers actually are qualified for the job that they want. But when it comes time for the job interview, they’ll exhibit nervous body language, or babble out words that don’t say anything …

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Federal Reserve likely to hike interest rates again. How to prepare

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting.  This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022. Still, any boost in …

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Folding iPad will launch next year, top Apple analyst Kuo says

The world’s biggest iPhone factory, located in China and run by Foxconn, faced disruptions in 2022. That is likely to filter through to Apple’s December quarter results. Meanwhile, analysts questioned demand for the iPhone 14 from Chinese consumers. Nic Coury | Bloomberg | Getty Images Apple will slow the pace …

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The Supreme Court could change free speech on the internet

Bloomberg Creative | Bloomberg Creative Photos | Getty Images When Elon Musk announced his offer to buy Twitter for more than $40 billion, he told the public his vision for the social media site was to make sure it’s “an inclusive arena for free speech.” Musk’s actions since closing the …

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Ford cuts price of EV Mustang Mach-E, following Tesla’s cuts

People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT — Ford Motor is increasing production and cutting prices of its electric Mustang Mach-E crossover, weeks after industry leader Tesla announced similar …

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Premier League signs deal with NFT-based fantasy soccer game Sorare

The Sorare NFT soccer trading card game has partnered with the Premier League on a multi-year licensing agreement. Sorare Sorare, the $4.3 billion fantasy soccer game, has signed a multi-year deal with the Premier League that will see the world’s top soccer league license official player cards. Players of the …

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Debt restructuring framework must improve: Pakistan’s ex-central banker

Global bodies like the IMF need to step up and improve the framework for sovereign debt financing so that emerging market economies, like Sri Lanka, can get out of their debt distress problems faster. That’s according to the former governor of the State Bank of Pakistan, the country’s central bank.  …

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TikTok in Europe’s crosshairs as U.S. mulls ban on Chinese-owned app

TikTok holds its End Of Year Event 2022 in Milan, Italy, on Dec. 13. Claudio Lavenia | Getty Images Entertainment | Getty Images TikTok is beginning to feel the sting of political and regulatory pressure in Europe, where the Chinese-owned app has largely evaded the scrutiny it’s faced in the …

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China’s $6 trillion consumer market is digging itself out of a slump

BEIJING — China’s consumption recovery from zero-Covid is getting off to a solid start – after a depressing fourth quarter. When Michelin-starred restaurant Rêver reopened Thursday from a Lunar New Year break, it was fully booked, said Edward Suen, chief operating officer of the Guangzhou venue. Reservations for the next …

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