Business
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Boeing Taps Lockheed Veteran Jay Malave as CFO in High-Stakes Restructuring Push
Boeing is bringing on former Lockheed Martin executive Jay Malave as CFO, with a compensation package topping $8 million and…
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EU AI Act Deadline Nears, But Code of Practice Won’t Arrive Until Year-End
With the EU's sweeping AI Act set to take effect in August 2025, companies are still waiting for crucial compliance…
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Markets Hit Record Highs as Strong Jobs Report Offsets Delay in Fed Rate Cut
Markets climbed to record highs Thursday after a stronger-than-expected jobs report calmed recession fears. SPY and Nvidia led the way…
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Job Growth Beats Forecasts, But Private Hiring Slows to a Crawl
June’s 147,000 job gains and falling unemployment paint a solid picture—but most of the hiring came from the public sector.…
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Fed Holds Rates Steady as Jobs Data Hides Private-Sector Weakness
June’s job gains beat expectations, but the real story is weaker private-sector growth and falling labor participation—factors that make a…
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Thailand Signals Possible Rate Cut as U.S. Tariffs and Political Risk Loom
Thailand’s central bank is holding interest rates at 1.75% for now, but Deputy Governor Roong Mallikamas says the BOT stands…
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Iran’s Nuclear Pullback Lifts Oil 2%, but Market Stays Grounded
Oil gained 2% as Iran blocked IAEA access, raising geopolitical risks. But with U.S. crude stockpiles climbing and no Hormuz…
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European Markets Edge Higher on Renewable Energy Rally and Luxury Rebound
European stocks rose modestly Tuesday, led by a 10% surge in Vestas and a luxury sector bounce as U.S. tax…
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S&P Gains Slightly, Nasdaq Slips as Markets Digest Trump’s $4.5 Trillion Tax Bill
The S&P 500 inched higher Tuesday as the Senate passed Trump’s massive tax bill, but the Nasdaq fell, with tech…
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Stellantis Warns of ICE Plant Closures If CO₂ Targets Missed
Stellantis may close internal combustion engine plants in Europe if EV sales don’t rise fast enough to meet EU carbon…
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