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NEW YORK (Reuters) – JPMorgan Chase has been accused in a new lawsuit of sweeping customers’ idle cash into accounts with “unreasonably” low interest rates. The proposed class action against…
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By Anna Tong SAN FRANCISCO (Reuters) – ChatGPT developer OpenAI is supporting a California bill that would require tech companies to label AI-generated content, which can range from harmless memes…
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By David Lawder WASHINGTON (Reuters) – The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry…
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By Ann Saphir (Reuters) – San Francisco Federal Reserve President Mary Daly on Monday said “the time is upon us” to cut interest rates, likely starting with a quarter-percentage point…
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By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell (LON:SHEL) on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days…
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Editor's PicksTop News
Fed’s Daly leaves door open to bigger rate cut on further labor market weakness
Investing.com — San Francisco Fed President Mary Daly on Monday reinforced expectations for a rate cut next month and suggested that a bigger rate cut remains on a monetary policy…
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Investing.com — Oil prices rallied Monday, driven by Libya output cuts and fresh concerns about a wider escalation in the Middle East following an escalation in Israel-Hezbollah tensions and waning hopes…
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By Allison Lampert and Maki Shiraki MONTREAL/TOKYO (Reuters) – Aviation officials from Asia are making a case for global action to reduce injuries from turbulence, with recent high-profile incidents driving…
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Nvidia (NASDAQ:NVDA)’s upcoming earnings report represents an “underpriced risk” for the broader market, according to analysts at Bank of America. While recent market attention has been focused on Federal Reserve…