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French economy stalled again in second quarter

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The French economy stalled again, posting zero growth in the second quarter, according to statistical agency INSEE. The country has now registered two consecutive...

Student debt undermines wealth accumulation

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Student debt undermines wealth accumulation, with households headed by young adults burdened with student debts building up wealth far more slowly than their student-debt-free...
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Internet speed fuels property prices

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Researchers from the London School of Economics and Imperial College Business School found that internet speed fuels property prices. Londoners are willing to pay...
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Older U.K. adults face less cybercrime than younger adults but suffer greater financial impact

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A new study has found that adults aged 75+ years are more likely to repeatedly experience cybercrime and related financial losses than other adults. The...

Vultr raises $333M to scale GPU fleet amid AI cloud computing boom

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Vultr, a privately-held cloud infrastructure provider based in West Palm Beach, Florida, announced fresh funding this week that puts the company’s valuation at $3.5...

Investment Bank Goldman Sachs Reports $2.99 Billion in Profits

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Investment bank giant Goldman Sachs reported a whopping $2.99 billion in Q3 profits - surpassing what analysts had expected, with revenue up 7% to...
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Federal Reserve lowers rates but warns of slower easing in 2025

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The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, moving the target range to 4.25% to...

US makes canceling subscriptions eaiser for consumers with “click to cancel rule”

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In what many consider a huge win for consumers, the US Federal Trade Commission (FTC) has made canceling subscriptions easier. The new "click to cancel...
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Study finds electricity market ‘choice’ often costs consumers more

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The retail electricity market in Ohio, USA, where consumers can choose from a range of energy providers, has fewer bargains than cost-increasing offers, researchers...

US monthly retail sales rose by 0.4% in September

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The U.S. Census Bureau reported a 0.4% increase in retail sales in September. According to the preliminary report, total monthly retail sales were $714.4...