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The world's money news right now: markets, the economy, the companies and the deals moving capital across every continent today.
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China’s Chip Champion to Raise Billions in Race for A.I. Control
CXMT, a linchpin in China’s drive to develop homegrown artificial intelligence technology, is aiming to raise nearly $10 billion i…
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Stripe and Advent launch $53bn bid for unresponsive PayPal
A landmark $53bn takeover approach for PayPal by Stripe and Advent International highlights a shifting payments landscape, while s…
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Florida property tax cut hinges on migration that fell 90%
Florida’s proposed property tax exemption relies on a continued influx of new residents to balance local budgets, but net domestic…
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Branson rejects 5 a.m. routines as CEOs push back on hustle culture
Virgin Group founder Richard Branson and a growing cohort of executives are rejecting early-morning work routines, warning that ri…
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BofA finds inherited US firms outpace purchases
Inherited businesses are projected to outpace purchases among wealthy Americans next year, a structural shift driven by favorable …
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Thames Water returns to profit as debt swells to £18.5bn
Thames Water swung to a £113m post-tax profit after a 40% bill increase, but a swelling £18.5bn debt pile keeps the utility's fina…
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EV charge point operators face parking fine backlash
Electric vehicle drivers are being hit with unexpected parking fines while charging, highlighting operational risks for infrastruc…
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UK heating oil suppliers face regulatory clampdown after CMA probe
The UK competition watchdog is pushing for a new regulatory regime for heating oil suppliers after finding firms cancelled orders …
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US stocks rise within 0.5% of their record, even as oil prices keep climbing
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China’s Economy Grows at Slowest Pace in Years
Economic growth of 4.3 percent in the second quarter, versus the same period last year, reflected a broad slump outside of the cou…
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The House Always Wins. Event Contract ETFs Gamble on Longer Odds
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Why This Ultra-Short Bond Fund Is Ultra-Popular
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Wall Street Takes In Record Haul, Projecting US Economic Health
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Fed’s Warsh Promises Congress a Hard Line on Inflation Amid Looming Risks
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Budget Carrier Frontier Joins Fleet of Airlines Offering Starlink-Powered Wi-Fi
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Thematic ETFs Boosted by SpaceX IPO Lose Altitude
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Low adoption threatens Palantir’s £330m NHS contract renewal
Palantir’s £330m NHS software deal faces a break clause next year after internal data revealed widespread non-use and a government…
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UK BNPL rules take effect, expected to trigger consolidation
New UK regulations bring buy-now-pay-later firms under formal credit rules, a shift expected to force smaller lenders out of the m…
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Tech Investors and Longevity Influencers Back Neko Health’s Mega Round
The health tech start-up co-founded by Spotify’s Daniel Ek is worth billions more after a new $700 million funding round.
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Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
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China Q2 growth slows to 4.3% as weak domestic demand drags on export boom
Beijing's 4.3% second-quarter GDP growth misses its lowered target, highlighting a deepening split between a booming export sector…
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Fast-food chicken giant quietly closed 207 U.S. restaurants
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Bitmine (BMNR) Rockets 11.5%; Big Investors Double Down on its Ethereum Bet
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