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Economy

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Feeling the squeeze: challenges for American consumers

In recent times, American consumers have encountered a variety of financial pressures that have significantly impacted their purchasing behaviors and overall economic sentiment. These pressures arise from a combination of factors, including rising inflation, fluctuating wages, an...

Business

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Billionaire Brad Jacobs’ QXO eyes $5 billion GMS takeover, threatens hostile action

In a major event within the corporate arena, billionaire investor Brad Jacobs has captured attention with his firm, QXO, proposing a $5 billion bid to purchase GMS. This action has not only drawn interest but also heightened the stakes in the ongoing discussions, as Jacobs has ex...

Science and Technology

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Meta reportedly offering $100 million to poach Sam Altman’s staff

In a recent statement, Sam Altman, the CEO of OpenAI, revealed that Meta, the tech giant formerly known as Facebook, is reportedly attempting to attra...