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Venture capitalist Ben Horowitz has recently made headlines with a surprising shift in his political contributions. After previously expressing support for Donald Trump’s presidential campaign, Horowitz has now announced a substantial donation to Vice President Kamala Harris’s election efforts. This decision, confirmed by CNBC, underscores the complexities of political loyalty among influential investors in Silicon
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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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