Tag: United States
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How Steven Guo knows a business idea is worth pursuing
Steven Guo launched his first business when he was 12 — “basically by accident,” he says. That summer, he developed a Minecraft server and sold in-game perks to players. He ended up making $10,000 within a few months. While he admits he “blew basically all of my money” trying to start a game development company…
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Global commodities’ biggest winners and losers this year
A farmer collecting grain from a combine harvester during the wheat harvest on a farm near Benfleet, UK, on Monday, Aug. 12, 2024. Bloomberg | Bloomberg | Getty Images The global commodities market has been volatile this year, with prices remaining largely elevated. Orange juice and cocoa futures surged to record highs in the first…
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AI fake news threatens to disrupt elections and risks violence, report warns
AI-driven fake news threatens to disrupt global elections, risking violence and jeopardising Press freedom, a report has warned. The spread of misinformation was named as the biggest risk for the next two years according to a poll of 1,400 business leaders and experts. It comes as developments in artificial intelligence make it harder to tell…
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U.S. consumer sentiment stays steady
Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you…
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Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus Henderson. The Global Dividend Index report, published…
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It’s a big election year around the world. Here’s where the pros are watching
2024 is set to be a major election year, with over 75 countries heading to the polls. The Economist Intelligence Unit says that more than four billion people — or over half of the world’s population — live in countries with elections expected this year. These range from the U.K. and the U.S., to Russia,…
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Santa Claus rally is in trouble, may signal weaker stocks
The Santa Claus rally is in trouble. That’s the tendency for the stock market to rise on the last five days of the old year, and the first two days of the new year — typically good for a gain of 1.3%, and historically the best seven-consecutive-day period of the year. But not so far. With…
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Economy, Gaza war and China ties dominate
Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission (KPU) office in Jakarta, Indonesia, on December 12, 2023. Indonesia is preparing to hold general elections for president and vice president for the 2024-2029 period…