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ClearBank, a British financial technology firm, has recently made headlines with its first full year of profit in 2023. This success comes after a significant jump in revenues, driven by higher interest rates and increased deposit growth. The company’s CEO, Charles McManus, attributes ClearBank’s positive performance to various factors, emphasizing the diversity of its revenue
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U.S. Treasury Secretary Janet Yellen’s recent trip to China marks a significant effort to increase high-level communication between the United States and China. This visit comes as both countries aim to address misunderstandings and tensions that have arisen in their relationship. Yellen’s visit, which includes meetings with various Chinese officials, highlights the importance of ongoing
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Federal Reserve Chairman Jerome Powell recently addressed the uncertainty surrounding the timing of potential interest rate cuts during a speech at Stanford University. Powell emphasized the need for policymakers to carefully evaluate the current state of inflation before making any decisions. He mentioned the stronger-than-expected price pressures at the beginning of the year but stated
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The preliminary results are in, and it seems that Disney shareholders have reelected the media conglomerate’s full board. This outcome is a significant setback for activist Nelson Peltz and former Marvel CEO Ike Perlmutter, who were pushing for change within the company. Despite the months of combative back-and-forth, Disney shareholders have ultimately decided to affirm
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