Business
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The Gems Hiding in Plain Sight in the Treasury Market
Back in 1994, bonds with fabulous yields were there for the taking. Our columnist doesn’t see treasures like that now, but there are solid buys.
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Tesla’s Profits Plunge 44% After Big Price Cuts
The automaker reported a sharp drop in profits in the third quarter after slashing car prices by around 25 percent in an attempt to compete.
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Apple’s New Film Strategy Debuts With ‘Killers of the Flower Moon’
Martin Scorsese’s three-and-a-half-hour epic is the first of three high-profile movies the tech company will give wide theatrical releases in the coming months.
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Middle East Conflict Threatens Global Growth
Oil prices climbed again on Friday as armed clashes intensify in Israel and, increasingly, beyond.
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Silicon Valley Ditches News, Shaking an Unstable Industry
News organizations are scrambling to adjust to the latest rift in the long-fractious relationship between publishers and tech platforms.
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Strong Economic Data ‘Could Warrant’ Higher Rates, Fed Chair Says
The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a speech.
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Markets Look to Powell Amid Rising Tensions in the Middle East
Investors will listen to the Federal Reserve chair’s speech on Thursday for clues on interest-rate moves, as the Israel-Hamas conflict drives up oil prices.
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An Industry Insider Drives an Open Alternative to Big Tech’s A.I.
The nonprofit Allen Institute for AI, led by a respected computer scientist who sold his company to Apple, is trying to democratize cutting-edge research.
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New York Attorney General Sues Crypto Firms in $1 Billion Fraud Case
Letitia James has accused Gemini Trust, Genesis Global Capital and Digital Currency Group of misleading investors in a program promising low risk and high returns.
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Rite Aid Is Closing 154 Stores as It Starts to Shed Debt
The pharmacy chain, once the largest in the United States, detailed a batch of store closures in a bankruptcy court filing.