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Housing storm leaves UK exposed, skews policy: Mike Dolan
By Mike Dolan LONDON, Nov 16 (Reuters) – If financial markets bore the brunt of this year’s interest rate shock, housing now stands in the firing line. And eVdeN Eve NAkliYAT a residential real estate quake would hurt many economies far more, amplifying the bond market ructions of the past 12 months if inflation can’t […]
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U.S. weekly jobless claims increase, labor market remains tight
Weekly jobless claims increase 13,000 to 196,000 * Four-week moving average of claims falls 2,500 to 189,250 * Continuing claims rise 38,000 to 1.688 million By Lucia Mutikani WASHINGTON, Feb 9 (Reuters) – The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the underlying trend continued to […]
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Guy Sebastian’s long-timer manager has been jailed for a minimum two-and-a-half years for embezzling more than $600,000 from his star client
Guy Sebastian’s long-timer manager has been jailed for a minimum two-and-a-half years for embezzling more than $600,000 from his star client. Titus Day was sentenced to a maximum four years in prison by Judge Tim Gartelmann at ‘s Downing Centre District Court on Thursday afternoon. Judge Gartelmann said the offences ‘all were committed for financial gain’ […]
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MORNING BID AMERICAS-Corporate scatter
A look at the day ahead in U.S.and global markets from Mike Dolan. A hail of mega corporate updates distracted stock markets from a confusing macro picture – but offers little more clarity with scattergun fortunes and ambiguous readouts for the wider economy. Shares in Walt Disney surged 6% ahead of Thursday’s open after the […]
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T-Mobile misses quarterly revenue estimates
Feb 1 (Reuters) – Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, as competition heats up with rivals looking to add subscribers through more attractive promotional offers. The company added thousands of wireless subscribers over the last few years, EvdEn eVe naKLiyat thanks to hefty discounts on smartphones, industry-low […]
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Urgent tax office warning for Australia's influencers
Australian influencers have been put on notice by the Australian Taxation Office as a crackdown on undeclared luxury gifts gets under way. The ATO said it will use a sophisticated set of ‘data matching’ technologies to weed-out influencers who are failing to report sponsorships as part of their income which can include handouts and holidays. A spokesman warned […]