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UK inflation rate dips for third straight month to hit 10.1%

U.K. inflation data paints a picture of the British economy. Bloomberg / Contributor / Getty Images LONDON — The U.K. inflation rate fell for the third month in a row in January to hit 10.1%, below economists’ expectations, but high food and energy prices continued to put the pressure on British …

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Indian tycoon Gautam Adani dismisses market volatility as ‘temporary’

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. Indranil Mukherjee | Afp | Getty Images Indian billionaire Gautam Adani has downplayed the recent market volatility of Adani …

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Microsoft Bing AI made several errors in launch demo last week

Microsoft CEO Satya Nadella Jordan Novet | CNBC During last week’s chatbot hype, with Microsoft and Google attempting to outduel each other in showcasing early versions of artificial intelligence-powered search, more than a million people signed up to try Microsoft’s tool in the first 48 hours, the company said. Microsoft …

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Top money habit of early retirees

As soon as you hear about the FIRE movement, it’s hard to deny the appeal. Short for financial independence, retire early, FIRE adherents aim to save and invest large portions of their income early in their careers in order to have enough money to retire decades before their mid-60s.    …

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Airbnb (ABNB) earnings Q4 2022

Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Shares of Airbnb rose about 9% in extended trading Tuesday after the company released fourth-quarter earnings that beat analysts’ estimates on top and bottom lines. Here’s how the company did: EPS: 48 cents vs. 25 cents expected by analysts, …

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Republicans attack Biden’s student loan plan

U.S. Senate Minority Leader Mitch McConnell of Kentucky at the U.S. Capitol Building on Feb. 13, 2023. Anna Moneymaker | Getty Images News | Getty Images Dozens of Republican members of Congress have filed briefs with the U.S. Supreme Court, arguing that the Biden administration’s student loan forgiveness plan should …

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Republican FTC Commissioner Wilson announces resignation

Christine Wilson, nominee to serve on the Federal Trade Commission, testifies during a Senate Commerce, Science, and Transportation Committee confirmation hearing in Hart Building on February 14, 2018. Tom Williams | Cq-roll Call, Inc. | Getty Images Christine Wilson, the sole remaining Republican on the Federal Trade Commission, announced Tuesday …

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39-year-old earns $26,000 a year in Long Beach, California

This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. Tiara Simmons understands — maybe better than most people — that money often equals access. The 39-year-old is a below-the-knee amputee and uses an electric wheelchair …

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Stocks moving big midday: PLTR, NVDA, CAR

Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. So far, electric vehicle makers do not seem to be affected. Budrul Chukrut | Sopa Images | Lightrocket | Getty …

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Never spend less than $30

If you like drinking wine, chances are you’ve had some fancy bottles and some decidedly unfancy ones. Inexpensive wine has its place: If you’re at a pool party drinking rose out of Solo cups, it’s a little silly to break the bank. But if you want to have a memorable …

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