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Breaking down AI’s impact on multiple levels By Investing.com

Breaking down AI’s impact on multiple levels By Investing.com

Investing.com — Artificial intelligence (AI) technology is expected to profoundly transform the global economy in the coming years, with the U.S. at the forefront. In a recent extensive report, TD Cowen analysts highlighted key themes…

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Trump considers privatizing US Postal Service, Washington Post reports By Reuters

Trump considers privatizing US Postal Service, Washington Post reports By Reuters

(Reuters) -U.S. President-elect Donald Trump has in recent weeks expressed a keen interest in privatizing the U.S. Postal Service, the Washington Post reported on Saturday, citing three people with knowledge of the matter. The U.S.…

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UBS analyzes the timeline for a new trade war and its key implications By Investing.com

UBS analyzes the timeline for a new trade war and its key implications By Investing.com

Investing.com — The timeline for a potential new trade war, as discussed by analysts at UBS, appears to hinge on a multi-phased process reflecting both political maneuvering and economic impacts.  UBS analysts categorize the progression…

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Dollar set for best week in a month on cautious Fed outlook for 2025 By Reuters

Dollar set for best week in a month on cautious Fed outlook for 2025 By Reuters

By Hannah Lang NEW YORK (Reuters) -The dollar headed for its best weekly performance in a month on Friday, as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year,…

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Asian shares weaken, dollar rises on U.S. Treasury sell-off By Reuters

Asian shares weaken, dollar rises on U.S. Treasury sell-off By Reuters

By Stella Qiu and Harry Robertson SYDNEY/LONDON (Reuters) -Asian shares dropped on Friday as a lack of details on Chinese stimulus disappointed investors, while the dollar was buoyed by the biggest weekly rise in longer-dated…

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Brazil’s currency weakens, changing course despite aggressive rate strategy By Reuters

Brazil’s currency weakens, changing course despite aggressive rate strategy By Reuters

By Marcela Ayres and Fernando Cardoso BRASILIA (Reuters) – Brazil’s currency reversed course and weakened against the U.S. dollar on Thursday, despite a larger-than-expected interest rate hike by the central bank and its signal of…

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Dollar steady, Swiss franc falls on large rate cut By Reuters

Dollar steady, Swiss franc falls on large rate cut By Reuters

By Samuel Indyk LONDON (Reuters) -The U.S. dollar was broadly steady on Thursday while the euro traded a touch higher before the European Central Bank’s monetary policy decision later in the day, where a quarter-point…

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Adobe forecasts annual revenue below estimates By Reuters

Adobe forecasts annual revenue below estimates By Reuters

(Reuters) -Photoshop maker Adobe (NASDAQ:) forecast annual revenue below Wall Street estimates on Wednesday, indicating the company’s investments to weave AI into its software applications were taking longer to bear fruit. Shares of the San…

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US CPI, Google’s chip, China policy meeting

US CPI, Google’s chip, China policy meeting

Investing.com — Wall Street is seen trading slightly lower Wednesday ahead of the release of key inflation data, which could guide future Federal Reserve policy.  1. US CPI looms large The week’s most eagerly anticipated…

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Economists say Canada likely missed deficit target as minister stays silent By Reuters

Economists say Canada likely missed deficit target as minister stays silent By Reuters

By Promit Mukherjee OTTAWA (Reuters) -Canada’s Finance Minister Chrystia Freeland declined to say on Tuesday whether the country would achieve its deficit target for the last fiscal year, fueling economists’ expectations that the Liberal government…

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