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Digital payments have become the largest segment of the financial technology market, accounting for over $5 billion in transactions worldwide in 2020. Digital commerce payments made online still makes up a significantly greater proportion of value than mobile point-of-sale (POS), where an electronic device is used at checkout. With the digital payments ecosystem expanding globally,
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close video ‘Volcker-ized’ Fed fighting inflation at the expense of growth, strategist says Aegon Asset Management chief macro strategist Frank Rybinski argues until there is a ‘dovish Fed pivot’ market volatility will persist on ‘The Claman Countdown.’ The Federal Reserve's preferred inflation gauge accelerated again in August, keeping prices elevated near a four-decade high, according
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“Barbaric and completely unprovoked” FDNY EMS Lieutenant stabbed to death A man has been taken into custody after FDNY EMS Lt. Alison Russo-Elling, 61, was stabbed to death in Queens on Thursday afternoon. NEW YORK – An FDNY Emergency Medical Services lieutenant was fatally stabbed in Queens on Thursday afternoon.  Lt. Alison Russo-Elling, 61, was
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The orbit of the newly discovered rapid hot spot around Sagittarius A* superimposed on top of the first image of the supermassive black hole captured by the Event Horizon Telescope (EHT) collaboration. (Image credit: EHT Collaboration, ESO/L. Calçada (Acknowledgment: M. Wielgus)) (opens in new tab) Astronomers have detected a blob of hot gas whizzing around
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KYIV, Ukraine (AP) Russia pounded Ukrainian cities with missiles, rockets and suicide drones, with one strike reported to have killed 25 people, as it moved Friday to fold more seized Ukrainian territory into Russia itself and under the protection of its nuclear umbrella, opening an internationally condemned dangerous new phase of the seven-month war. But
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U.S. Vice President Kamala Harris, on her visit to Seoul, slammed North Korean Supreme Leader Kim Jong Uns "brutal dictatorship," leading to the country firing more ballistic missiles. What Happened: Harris called out Pyongyang for its illegal arms program and rampant human rights violations during her visit to the inter-Korean border on Thursday. Soon after
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KYIV, Ukraine (AP) Russia pounded Ukrainian cities with missiles, rockets and suicide drones, with one strike reported to have killed 25 people, as it moved Friday to fold more seized Ukrainian territory into Russia itself and under the protection of its nuclear umbrella, opening an internationally condemned dangerous new phase of the seven-month war. But
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U.S. Vice President Kamala Harris, on her visit to Seoul, slammed North Korean Supreme Leader Kim Jong Uns "brutal dictatorship," leading to the country firing more ballistic missiles. What Happened: Harris called out Pyongyang for its illegal arms program and rampant human rights violations during her visit to the inter-Korean border on Thursday. Soon after
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U.S. Vice President Kamala Harris, on her visit to Seoul, slammed North Korean Supreme Leader Kim Jong Uns "brutal dictatorship," leading to the country firing more ballistic missiles. What Happened: Harris called out Pyongyang for its illegal arms program and rampant human rights violations during her visit to the inter-Korean border on Thursday. Soon after
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