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Business

Analysis: Tech wreck shows U.S. megacaps not immune to corrosive Fed tightening

By gtavapkorg November 14, 2022November 8, 2022

Disappointing earnings from the megacap companies that led markets higher for years are cratering their shares and sending a disconcerting message about a U.S. economy that until recently had appeared…

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Business

Poker legend Annie Duke on why quitting can be a good thing

By gtavapkorg November 13, 2022November 8, 2022

At this point, it seems like everyone is talking about the trend of “quiet quitting," where employees slowly start disengaging from their work. Well, Annie Duke has a suggestion for…

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Business

BOJ raises inflation forecasts, keeps ultra-low rates

By gtavapkorg November 12, 2022November 8, 2022

The Bank of Japan raised its inflation forecasts on Friday but maintained ultra-low interest rates, remaining a dovish outlier among a global wave of central banks tightening monetary policy. As…

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Business

Qantas ‘disappointed’ at regulator delaying Alliance Aviation deal verdict

By gtavapkorg November 11, 2022November 8, 2022

Australia's Qantas Airways Ltd (QAN.AX) on Friday "expressed disappointment" at the country's competition regulator delaying its decision on the carrier's $394 million buy of Alliance Aviation Services (AQZ.AX). The Australian…

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Business

Amazon predicts sales growth slowdown for holidays, crushing shares

By gtavapkorg November 10, 2022November 8, 2022

Amazon.com Inc (AMZN.O) on Thursday forecast a slowdown in sales growth for the holiday season, disappointing Wall Street and warning that inflation-wary consumers and businesses had less money to spend.…

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Business

Yen falls on dovish BOJ as market awaits Fed decision

By gtavapkorg November 9, 2022November 8, 2022

The yen fell more than 1% against the dollar on Friday after the Bank of Japan bucked the trend among other major central banks and stuck with ultra-low interest rates,…

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Business

In Europe, consumer businesses like Amazon face holiday reckoning

By gtavapkorg November 8, 2022

Amazon.com Inc (AMZN.O), the global retailer whose results can represent a bellwether for the e-commerce industry, on Thursday signaled a pain point for sales this holiday season: Europe. Forecasting its…

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