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The US economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast
The Atlanta Fed’s GDP tracker now indicates the economy is headed for a 1.5% contraction in the first quarter, after showing 2.3% growth just days earlier. Read More
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Elon Musk labels Sir Geoffrey Hinton ‘carelessly ignorant, cruel’ after ‘godfather of AI’ calls for him to be banished from Royal Society
Sir Geoffrey Hinton wants Musk to be banished form the Royal Society, but note for alleged “Nazi salutes”. Read More
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Shares in Mixue—a Chinese ice cream chain with more stores than McDonald’s—jump over 40% after Hong Kong’s largest IPO so far this year
Mixue raised $444 million in its IPO, a blockbuster listing that helps signal a turnaround in Hong Kong’s IPO market. Read More
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Government spending could be separated from GDP reports—doing so could distort a fundamental measure of the U.S. economy’s health
Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the government can impact the path of overall growth. Read More
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Tech News3 months agoHow Costco’s formula for reaching uncertain consumers is pushing shares past $1,000 to all-time highs
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Tech News3 months agoLuigi Mangione hires top lawyer—whose husband is representing Sean ‘Diddy’ Combs
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Tech News3 months ago
Quentin Tarantino thinks movies are still better than TV shows like Yellowstone
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Tech News3 months agoLego bricks have won over adults, growing its $10 billion toy market foothold—and there’s more to come
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Tech News3 months agoInside the FOMC: Boston Fed President Susan Collins on changing her mind, teamwork, and the alchemy behind the base rate
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Tech News3 months agoTrump and members of Congress want drones shot down while more are spotted near military facilities
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Tech News3 months agoNancy Pelosi has hip replacement surgery at a US military hospital in Germany after falling at Battle of the Bulge ceremony
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Tech News3 months agoHundreds of OpenAI’s current and ex-employees are about to get a huge payday by cashing out up to $10 million each in a private stock sale