By Deborah Mary Sophia (Reuters) -Ralph Lauren Corp beat profit estimates and reported a surprise rise in fourth-quarter revenue on Thursday as its new seasonal collections resonated with affluent sho[...]
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NEWSLETTER
Explainer-Debt ceiling standoff: What happens if Washington falls behind on its bills?
By Jason Lange WASHINGTON (Reuters) -The U.S. government could fall behind on its bills next month – and even default on its debt – if Congress doesn’t raise a $31.4 trillion cap on[...]
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S&P 500 seen dipping between now and year-end: Reuters poll
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index of U.S. shares will slip marginally between now and year-end as past interest rate hikes, troubled regional banks and weak ear[...]
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JPMorgan’s Dimon says has same intensity for job, confident in management
By Nupur Anand, Lananh Nguyen and Mehnaz Yasmin NEW YORK (Reuters) -JPMorgan Chase & Co’s CEO Jamie Dimon said he leads the largest U.S. bank with the same intensity as when he was younger,[...]
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Explainer-How Montana could enforce a TikTok ban
(Reuters) – Montana took the unusual step on Wednesday of banning Chinese-owned short video app TikTok, with lawmakers of the sparsely populated western U.S. state saying they aimed to protect r[...]
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Biden, McCarthy hopeful on debt ceiling deal, US president cuts Asia trip short
By Nandita Bose and David Morgan WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy edged closer to a deal to avoid a looming U.S. debt default Tuesda[...]
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EU states approve world’s first comprehensive crypto rules
By Huw Jones (Reuters) – European Union states on Tuesday gave the final nod to the world’s first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countri[...]
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How TikTok sensation Squishmallows found Warren Buffett
By Jonathan Stempel (Reuters) – Squishmallows joined Warren Buffett’s business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensat[...]
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US Treasury takes middle road on solar panels ‘Made in the USA’
By Nichola Groom and David Lawder (Reuters) -The U.S. Treasury Department on Friday clarified that developers of solar energy projects can claim a new subsidy for facilities built with American-made p[...]
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