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Russian President Vladimir Putin was "surprised" by his militarys lack of performance "and the fact that they did not accomplish more," according to the head of U.S. Intelligence. Although the U.S. believes Putin is becoming more informed about the problems his army faces in Ukraine, it's not clear that he has a full picture at
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UK inflation dipped to 10.7 per cent in November as an easing in the rise in petrol prices helped to lower the rate from a 41-year high of 11.1 per cent last month. The figure was better than an expected 10.9 per cent and economists said the annual inflation rate had now probably passed its
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Shares of auto companies, including Tesla Inc TSLA ,are trading higher during Tuesday's pre-market session as investors react to lower-than-expected November Core CPI data. Fed monetary policy tightening could begin to taper off as inflation cools down, which would positively benefit growth stocks. Also, a decline in Treasury yields is positively impacting the sector. Tesla
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Sam Bankman-Fried, the founder and former CEO of Bitcoin and cryptocurrency exchange FTX, has been arrested in the Bahamas by local authorities. The arrest followed receipt of formal notification from the U.S. that it had filed criminal charges against SBF, per a statement from the Attorney General of the Bahamas. SBF’s extradition to the U.S.
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Former first lady Melania Trump was worried about the way her husband,former PresidentDonald Trump,was handling the COVID-19 pandemic, says a recently published book. What Happened: Melania was rattled by the coronavirus and convinced that Trump was screwing up, according to a book by New York Times correspondent Peter Baker and his wife New Yorker staff
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close video WATCH LIVE: House Financial Services hearing Investigating the Collapse of FTX The House Financial Services holds a hearing after disgraced FTX crypto founder’s arrest. Current FTX CEO John Ray III laid the blame for the cryptocurrency exchange's collapse on founder and former chief executive Sam Bankman-Fried and his top executives, telling Congress they
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US securities regulators have charged Sam Bankman-Fried with defrauding investors in his recently bankrupt cryptocurrency exchange FTX, the first move in an expected onslaught of criminal and civil charges following his arrest in the Bahamas late on Monday. The Securities and Exchange Commission said on Tuesday it had charged Bankman-Fried with defrauding venture capitalists and
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The U.S. index futures point to a higher open for Wall Street stocks on Monday following a down week. The mood is likely to remain cautious as the market navigates through a trio of key economic catalysts over the week. Recession fears overwhelmed traders in the week ended Dec. 9, dragging the major averages lower.
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BEIJING – Days after most of its Covid-19-related measures were lifted, a massive outbreak has forced parts of Beijing into voluntary quarantine, with hospitals overwhelmed, pharmacies out of cold and fever medication, and well-oiled delivery networks pushed to their limits. Amid the capital citys worst pollution in a year, scores of people were seen lining
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Its a tale of two men vying for the 2024 presidential election.   President Biden hasnt officially announced another White House bid, but his informal reelection rollout is in motion and things have generally been going his way since the midterms gave Democrats a lift.   Biden managed to have the best first-term performance in the midterms
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