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Bond sell-off worst since 1949, Bank of America says

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, US, January 30, 2019. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – Global government bond losses are on course for the worst year since 1949 and investor sentiment has plummeted …

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Wall St Week Ahead Investors wonder when the vicious sell-off in US stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, September 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked US stocks and bonds, and many investors are bracing …

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Fraudsters likely stole $45.6 billion from US COVID unemployment insurance program

FILE PHOTO – An empty hospital bed sits inside the former Intensive Care Unit (ICU) for coronavirus disease (COVID-19) patients at Providence Mission Hospital in Mission Viejo, California, US, April 12, 2022. Picture taken April 12, 2022. REUTERS/Shannon Stapleton Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – Fraudsters likely …

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Exclusive: Credit Suisse sounds out investors about capital hike

The logo of Swiss bank Credit Suisse is seen at an office building in Zurich, Switzerland September 2, 2022. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register ZURICH, Sept 23 (Reuters) – Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the …

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Novartis to prioritize US market unfazed by drug pricing pushback

Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, Sept 22 (Reuters) – Swiss pharma giant Novartis (NOVN.S) said it would make growth in the United States its top geographic …

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YouTube in challenge to TikTok to give Shorts creators 45% of ad sales

Register now for FREE unlimited access to Reuters.com Register LOS ANGELES, Sept 20 (Reuters) – YouTube unveiled a new way for creators to make money on short-form video, as it faces intensifying competition from TikTok. The Google-owned (GOOGL.O) streaming service announced Tuesday that it would introduce advertising on its video feature Shorts and give video …

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Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot

SAN FRANCISCO, Sept 20 (Reuters) – Tesla (TSLA.O) Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed. Musk’s Texas company is now floating ambitious plans to deploy thousands of humanoid robots, known …

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Apple to raise App Store prices in some countries in Europe, Asia

A man walks next to an advertisement for Apple’s new iPhone 11 Pro at the Apple Store in IFC, Central district, Hong Kong, China October 10, 2019, after Apple Inc on Wednesday removed an app that protesters in Hong Kong have used to track police movements from its app store. REUTERS/Athit Perawongmetha/File Photo Register now …

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Dollar firm as markets brace for another big Fed rate hike

US Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept 20 (Reuters) – The dollar remained firm near a two-decade high versus major peers on Tuesday as investors braced for another aggressive rate hike by the Federal …

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