Tag: Business
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Dollar steady before US inflation data, yen under pressure
TOKYO, July 14 : The dollar steadied on Tuesday ahead of U.S. inflation data, with Middle East tensions lifting oil prices while the yen held a soft tone amid caution over possible intervention and after policymakers’ comments on state pension fund allocations.The dollar index, which measures the greenback ag
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Japan’s Katayama says may consider pension asset allocation tweak if environment changes
TOKYO, July 14 : Japan may consider adjusting its state pension fund’s asset allocation if the environment surrounding asset management changes sharply, Finance Minister Satsuki Katayama said on Tuesday.”The change in environment would include an enhanced appeal of Japanese assets as the government powerfully
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Jim Cramer says these ‘Pavlovian trades’ are the stocks that benefit when oil spikes
CNBC’s Jim Cramer said investors have gravitated toward a familiar group of stocks as oil prices climb.
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Cramer’s lightning round: nLIGHT ‘is a speculative buy here’
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Jim Cramer says tech remains the market’s best place to find big winners despite recent struggles
CNBC’s Jim Cramer said tech stocks continue to offer the market’s biggest upside.
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Dollar edges higher on escalating US-Iran tension, yen slides on pension doubts
NEW YORK, July 13 : The dollar clung to modest gains on Monday, underpinned by escalating hostilities in the Gulf and hawkish comments from a Federal Reserve governor ahead of the monthly U.S. inflation report.The yen slid following a Reuters report Japan had no immediate plan to change state pension funds’ a
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Pentagon pauses cyber audit rule blamed for supplier exits
WASHINGTON, July 13 : The Pentagon is suspending the next phase of a cybersecurity certification program for defense contractors, backing off a compliance requirement that industry executives had warned was pushing small suppliers out of military work and narrowing competition in the defense supply chain.The
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Thomson Reuters to cut ‘small number’ of engineering jobs
July 13 : Thomson Reuters on Monday said it is cutting “a small number of roles” in engineering, as the Canadian content and technology company aggressively deploys artificial intelligence across its businesses.The layoffs affect the global staff and were announced during a technology staff meeting earlier in
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Chipotle is opening its first restaurant in Mexico
Fast casual chain Chipotle announced Monday that it is opening its first location in Mexico in the Monterrey area.
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California-led states sue to block Paramount’s $110 billion Warner Bros Discovery deal
NEW YORK/LOS ANGELES, July 13 : California and 11 states sued to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television.The lawsuit threatens to derail Paramount CEO David Ellison’s bid to tran
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