FINANCE
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Ethereum brushes record high after Fed Chair says ‘balance of risks’ is shifting
Jerome Powell set off a Friday boom in the crypto markets. After the chair of the U.S. Federal Reserve indicated…
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The ‘Ghosts of 2007’ and the graybeard ‘Nifty 50’: BofA looks at the rare situation in markets and finds ominous parallels to the GFC and the dotcom bubble
The U.S. Federal Reserve’s looming decision on whether to cut interest rates in September 2025 is sparking heightened concern on…
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Airfares are surging again after a months-long slump as carriers trim flights to ease a capacity glut
The latest consumer price index report showed airfares jumped 4% in July from the prior month, reversing a slump that…
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Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs
Goldman Sachs is refusing to back away from its analysis that Americans—not foreign exporters or overseas governments—are bearing the majority…
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Trump says homeless people must leave Washington, DC, immediately — ‘We will give you places to stay, but FAR from the Capital’
President Donald Trump said Sunday that homeless people must be moved “far” from Washington, after days of musing about taking…
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OpenAI unleashes GPT-5—but can it hold the lead in the ruthless AI race?
Welcome to Eye on AI! In this edition...OpenAI releases GPT-5 and strikes a $1 government deal. AI homework helpers duke…
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Top analyst says the next 5 years could see ‘no growth in workers at all’ and sends a warning about the fate of the U.S. economy
As the U.S. labor market shows clear signs of stalling, one of Wall Street’s leading strategists is sounding a sharp…
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Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the…
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‘Not dire, not amazing, more meh’: Job market cools as quits plummet in stagnant labor picture
Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool. The Labor…
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US-Japan trade deal gives Trump control over $550 billion. It could be ‘vapor ware’
The pledge from Japan to invest $550 billion in key U.S. industries could show other countries how to clinch a…
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