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Jeans Brand Levi’s Loses Heavily on Stable Wall Street
Levi Strauss lost value on the New York stock exchanges on Friday. Investors were shocked by the news that the manufacturer and marketer of jeans, jackets, sweaters and cardigans has lowered its full-year profit forecast.
The jeans…
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US Job Growth Still Weaker Than Expected in June
Employment in the United States grew less rapidly than expected in June and is less strong than in May. According to the major monthly jobs report from the US Department of Labor, 209,000 new jobs were added last month in the world's…
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Tesla Drops on Wall Street After Deal With Chinese Automakers
Electric car maker Tesla traded in value on Wall Street on Thursday. US investors are not yet reassured by the company's agreements for the important Chinese market.
Tesla and major Chinese carmakers have officially pledged to…
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Twitter Limits the Number of Tweets You Can Read
Twitter has introduced a limit on the number of messages you can read in a day. Owner Elon Musk's move has drawn widespread criticism from users, and experts warn that it will become more difficult for Twitter to attract advertisers.…
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US Labour Market and Quarterly Figures Focus on Stock Markets
Investors are preparing for a new stock market week, in which they will receive data on the situation in the US labour market. Job growth and unemployment are aspects the Federal Reserve is considering when making its next interest rate…
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Meta Wants Its Own App Store in the EU
Meta, the parent company of Facebook and WhatsApp, is planning to create its own download platform for apps. This is a consequence of the Digital Markets Act.
In a pilot project, the company is looking for developers who want to…
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US Supreme Court Ends Affirmative Action in Colleges
ON THURSDAY, the U.S. Supreme Court, which is dominated by conservatives, struck down affirmative action programs at colleges.
The six conservative judges, against the advice of three liberals, ruled that on-campus admissions…
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Banks Up on Wall Street After Passing Fed Stress Test
Major American banks were among the winners on the New York stock exchanges on Thursday. The 23 largest lenders in the United States have passed the annual stress test of the central banking umbrella organization Federal Reserve.
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