US

In a recent report released by ADP, private sector hiring saw a notable uptick in September, offering a glimmer of hope for the labor market. The addition of 143,000 jobs marks a significant improvement from August’s revised figure of 103,000 positions, surpassing the expectations of economists who anticipated a slower gain of 128,000 jobs. This
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Cerebras Systems, an emerging startup specializing in artificial intelligence chips, indicates a significant stride towards its market aspirations with the recent filing of its prospectus for an initial public offering (IPO). Targeting to trade on the Nasdaq under the ticker “CBRS,” the company enters a fiercely competitive landscape dominated by industry giants such as Nvidia.
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Recent revelations have shed light on a sensitive aspect of immigration enforcement in the United States—specifically regarding the estimated 13,000 immigrants, who have been convicted of homicide either domestically or internationally, living freely within the country. This shocking figure emerged from a data report shared by Immigration and Customs Enforcement (ICE), revealing that these individuals
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In August, new data released by the Commerce Department indicated a notable shift in inflation rates, moving them closer to the Federal Reserve’s target. This change has important implications for future monetary policy, particularly regarding interest rate cuts. The personal consumption expenditures (PCE) price index, a preferred measure for assessing economic stability, recorded a minimal
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As the midterm elections approach, U.S. lawmakers find themselves navigating a complex funding landscape, having recently sidestepped a potential government shutdown. However, looming deadlines and partisan negotiations suggest that the challenges are far from over. Congress has merely postponed the inevitable, and a new fiscal showdown is on the horizon, particularly as the holidays draw
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In a significant legal move, American Eagle Outfitters has initiated a lawsuit against the global e-commerce titan, Amazon, claiming that the latter has engaged in trademark infringement. The core of the complaint centers around Amazon’s alleged unauthorized usage of branding linked to American Eagle’s Aerie clothing line in search results, resulting in consumer confusion and
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As Southwest Airlines endeavors to adapt its operational strategy in the face of ongoing market pressures, the company has signaled to its employees that significant changes are imminent. These decisions are primarily aimed at addressing the financial concerns raised by activist investors such as Elliott Investment Management, which has publicly advocated for a shift in
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