(Reuters) – A study on loans for buying automobiles in the United States has found that weaker consumer budgets are negatively impacting loan payments for some borrowers, credit reporting agency[...]
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June 27, 2024
US July Fourth cookout costs up by 5% this year, survey shows
By Renee Hickman CHICAGO (Reuters) – The price of a July Fourth cookout will be 5% higher in 2024 than the previous year, according to a survey from the U.S. Farm Bureau released this week. The[...]
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SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
(Reuters) -Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion, Bl[...]
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Brazil’s central bank says stronger activity driving inflation estimates higher
BRASILIA (Reuters) -Brazil’s central bank said on Thursday that stronger-than-expected activity is the main reason behind its higher inflation projections, one of the factors that led it to halt[...]
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Zeekr’s sales jump as Chinese dominate Russian EV market
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) – Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition in Russia[...]
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Exclusive-Disputed Sigma Lithium land has ‘probable’ reserves, study shows
By Fabio Teixeira RIO DE JANEIRO (Reuters) – Sigma Lithium, the biggest player in Brazil’s booming lithium industry, told regulators late last year it had found likely mineral reserves on[...]
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Explainer-You Need to Calm Down: Why the Taylor Swift economy isn’t real
By Balazs Koranyi FRANKFURT (Reuters) – Taylor Swift is taking Europe by storm, prompting some pundits to envisage an economic windfall as fans flock to dozens of sold-out shows from Dublin to V[...]
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Uber pays US car owners to switch to other transport modes for five weeks
By Yuvraj Malik (Reuters) – Uber will pay $1,000 in credits to certain commuters in the U.S. and Canada who ditch their cars for five weeks in favor of public and other transport services, it sa[...]
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Morning Bid: US TV faceoff eyed, ailing yen steadies
A look at the day ahead in U.S. and global markets from Mike Dolan With a frenetic week of politicking ahead in the United States, France and Britain, world stock markets held the line on Thursday, so[...]
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